Address
1085 Lexington Drive Kelowna, BC
Price
$ 6,800,000
Property Attributes
  • MLS#10221285
  • TypeCommercial
  • CityKelowna
  • AreaCentral Okanagan
  • NeighbourhoodLM - Lower Mission
  • Postal CodeV1W 4M9
  • StyleCommercial
  • Price$ 6,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size52.73 Acres
Listing Provided Courtesy Of:
Macdonald Realty Kelowna
Property Description

Rare and valuable offering for an 18 hole golf course in Kelowna’s Lower Mission. Originally a turf farm, Michaelbrook was established in the 1970’s and is a historical Kelowna landmark. What was once a remote rural location, it is now 52.73 acres of prime land in the heart of Kelowna’s Lower Mission, and adjacent to the best recreational amenities in the city. On-site Amenities include: Pro Shop, Clubhouse, Restaurant & Lounge, Banquet Facilities, Practice Putting Green, 2 acre storage/future RV Park. 2020 stabilized net income increased to more than $450,000. 6.7% ROI.

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in V1W 4M9

Price
AVG $6.8M
$6.8M
Visits
AVG 17
16