Prime Development Opportunity in Glenmore – Kelowna, BC Now RE-ZONED to VC1 Welcome to 368 Valley Road, an exceptional 0.75-acre development site located in the highly sought-after Glenmore neighbourhood of Kelowna. This rare offering presents a prime opportunity for developers and investors looking to capitalize on one of the city’s fastest-growing and most desirable areas. The property is currently under re-zoning to VCI, a designation that is fully supported by the City of Kelowna’s Official Community Plan, allowing for the development of a six-storey apartment complex. This forward-looking zoning aligns perfectly with Kelowna’s long-term vision for increased residential density in well-connected urban locations.All municipal services are conveniently located at the lot line, significantly reducing upfront development costs and timelines. The site’s gentle topography and generous lot size offer excellent flexibility for thoughtful, efficient design. Shopping centres, medical offices, schools, parks, and sports fields are all just minutes away, making the location ideal for future residents seeking convenience, walkability, and a strong community feel. With strong population growth, high rental demand, and supportive planning policies, 368 Valley Road represents a compelling development opportunity in one of Kelowna’s most established and desirable neighbourhoods. Opportunities like this are rare—secure your position in Glenmore’s future today. (id:44056)

Property Details

Full Address:
368 Valley Road, Kelowna, British Columbia
Price:
$ 4,300,000
MLS Number:
10396913
List Date:
August 6th, 2026
Lot Size:
0.75 ac
Taxes:
$ 12,067

Interior Features

Building Features

Sewer:
Municipal sewage system
Water:
Municipal water
Utilities:
Water, Sewer, Natural Gas, Electricity, Cable, Telephone
Ownership Type:
Freehold
Taxes:
$ 12,067

Floors

Land

Lot Size:
0.75 ac
Current Use:
Development residential
Road Type:
Paved road

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Jeff Parker Personal Real Estate Corporation REMAX Kelowna
250-717-7722
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Listing Agent(s)

Lead Agent: Jeff Parker
Office: REMAX Kelowna
Originating Board: Association of Interior REALTORS®

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