A rare and highly strategic waterfront-adjacent development opportunity in one of West Kelowna’s most sought-after and evolving beachside neighbourhoods. Comprising two parcels totalling approximately 2.98 acres, this site fronts Gellatly Road, the Gellatly Pedestrian Corridor, and is steps from Willow Beach and Okanagan Lake. The municipality supports redevelopment for a vibrant mixed-use waterfront village, as per the Gellatly Village Study. Multiple plans for proposed development concepts are available on request, accommodating residential units, live/work units, and small-scale commercial units. Design concepts embrace West Kelowna’s Official Community Plan, Waterfront Master Plan, and Gellatly Village Growth Management Designation. Future development could offer cafes and boutique retail, public plazas, and strong connectivity to surrounding trails, beaches, and parks, alongside waterfront residences. Walkable amenities include a public boat launch and marina, multiple beaches and waterfront parks, sports courts, hiking trails, The Landing Kitchen & Bar in The Cove Lakeside Resort, and more! With limited remaining large parcels in Gellatly Village, this offering represents a once-in-a-generation opportunity to deliver a landmark, year-round waterfront-oriented community in one of West Kelowna’s most prominent locations. (id:44056)

Property Details

Full Address:
4058 & 4066 Gellatly Road, West Kelowna, British Columbia
Price:
$ 18,000,000
MLS Number:
10394842
List Date:
July 16th, 2026
Lot Size:
2.98 ac
Taxes:
$ 88,765

Interior Features

Building Features

Sewer:
Municipal sewage system
Water:
Municipal water
Utilities:
Water, Sewer, Natural Gas, Electricity
Ownership Type:
Freehold
Taxes:
$ 88,765

Floors

Land

View:
Lake view, Mountain view, View of water, View (panoramic)
Lot Size:
2.98 ac
Lot Features:
Level lot
Road Type:
Paved road

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Scott Marshall Personal Real Estate Corporation Sotheby's International Realty Canada
250-470-2388
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Listing Agent(s)

Lead Agent: Scott Marshall
Office: Sotheby's International Realty Canada
Originating Board: Association of Interior REALTORS®
Co-Listing: Nate Cassie
Sotheby's International Realty Canada

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