9102/9104/Lot 3 of 9108 Mackie Drive, Coldstream

$6,500,000

MLS® 10396687

9102/9104/Lot 3 of 9108 Mackie Drive, Coldstream - Image 1

'Senior Living' development property opportunity! This rare offering includes 3 Titles, within the existing (approx. 22 acre) parent property know as Coldstream Meadows. Approx. 8.1 acres of the Land is vacant land, the rest is access & amenities. The zoning is RCD2 - in the desirable North Okanagan, Municipality of Coldstream, & is a site specific zoning that was created to accommodate a Senior's Campus of Care concept w/ Independent Living, Assisted Living, & future Complex Care facilities. This land is unique, mostly flat, & in a beautiful Rural setting, yet only minutes away from urban development. It is located in the ALR, (Agricultural Land Reserve) but due to its long history of institutional use, that pre-dates the ALR, it has received approval, in 2021 (ALC Resolution #371/2021) for a non-farm use, to build up to 463 residential units for seniors care and seniors housing. There are currently 75 (privately owned) residential 55+ strata units, that were built between 2009 and now (these are not for sale ), but the vacant land, & other amenities portions, are being sold by Court Ordered Sale. With zoning approval from Coldstream, a future expansion of up to 388 more residential seniors housing & senior care units, is possible, to bring the total residential units, as approved by the ALC decision, up to a maximum of 463 units. There is currently a great need for quality seniors care & housing, & the NEW Coldstream Meadows has the potential to provide that and more! (id:44056)

    Property Details
    Full Address:9102/9104/Lot 3 Of 9108 Mackie Drive, Coldstream, British Columbia
Price:$ 6,500,000
MLS Number:10396687
List Date:August 5th, 2026
Lot Size:16.94 ac
Taxes:$ 9,166

    Interior Features
    

    Building Features
    Water:Municipal water
Utilities:Water, Electricity, Cable, Telephone
Ownership Type:Freehold
Taxes:$ 9,166

    Floors
    

    Land
    View:Mountain view, River view
Lot Size:16.94 ac
Lot Features:Treed, Irregular lot size
Water Frontage Type:Waterfront on creek
Current Use:Development residential
Road Type:Paved road

    Neighbourhood Features
    Amenities Nearby:Rural Setting, Seniors Oriented, Pets Allowed

    Ratings
    

    Commercial Info
    

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Listing Agent(s)

Lead Agent: Maria Besso
Office: RE/MAX Vernon
Originating Board: Association of Interior REALTORS® 

Co-Listing: Michael Baragon
Royal LePage Kelowna

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