50 Banks Rd, Vernon, BC

$2,500,000
Est. Mortgage /mo

MLS® 10284261

$2,500,000
Est. Mortgage /mo
Agent photor
Dan Marusin
Renanza Realty
250-984-8355
Go See This Home Now
0 Stories
lot 169 acres
0 square feet
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Photos
Map
Street view
Schools
Crime
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Shop & Eat

Property details

Rare opportunity to secure 169 acres of your own Okanagan Estate in one of the last remaining undeveloped freehold areas of the valley! Nestled in the hills of the North Westside of Vernon with stunning views of Okanagan Lake and surrounding countryside, this property offers numerous potential opportunities for the astute investor. Rolling terrain with peaks, valleys and fields with a variety of development options. The private 7 acre pond is a wildlife sanctuary. 10-20+ quality building sites with stunning panoramic views. Two ephemeral creeks running spring through midsummer. This holding is extremely private while maintaining access to services to nearby Kelowna and Vernon. Situated within a very unique biogeoclimatic zone of BC. Outside of the ALR but plenty of suitable land for a range of agricultural activities. Given the mild Okanagan climate you could do anything from certain fruits and vegetables, pasture or range cattle. With the correct varietal selection one might even consider an Ice wine plantation in the mix. Two separate titles 88.1 and 80.8 acres. Massive 30x50 fully wired shop, 60' two bedroom mobile home and off-grid rustic cabin on site. Potential to subdivide. This is truly a one-of-a-kind Okanagan Estate. For the right buyer it provides potential for both a source of leisure activities as well as business income if development investments are made. Listing video under "More Photos". (id:26763)

Location Details
Area Canada
State British Columbia
City Vernon
Postal Code V1H2G7
Sub-Area/Community Okanagan North
Property Metrics
Stories 0
Floor Area Total (Sq.ft) 0
Financial Details
List Price 2,500,000

Neighborhood Info

Private Schools
Elementary
St James
Above Average
14.72 km
Rating 7.7/10
Details
Elementary
St James
Above Average
14.72 km
Rating 7.7/10
Details
Closest Transit
Vernon
Tronson at Bella Vista (NB)
8.29 km

The closest Elementary independent school to this home for sale located at 50 Banks Road is St James with School's rating Rating 7.7/10, located 14.72 km from this home.

The closest to this address 50 Banks Road Secondary independent school is St James with School's rating Rating 7.7/10, located 14.72 km km from this home

The freshest crime data from Statistics Canada are from 2020. There were 754 volation disturbances in this neighbourhood. The overall crime rate near the address - 50 Banks Road, Vernon, BC is 5,996.98. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Below Average rate in 2020. Year by year change in the total crime rate is 18.11%

Drug crime rate next to the listing for sale MLS® 10284261 is Below Average comparing to other neighbourhoods. The illegal substances offences rating is 95.44. This is the amount of drug crime incidents per 100,000 population. There were 12 illegal substances lawbreaking disturbances in this city in 2020. Year by year change in the illegal substances offences ranking is 8.00%

Property crimes in the neighbourhood close to real estate listing for sale 50 Banks Road are Average. Property misconduct rating adjacent to MLS® 10284261 is 3,125.75. There were 393 in the neighbourhood in 2020. Year by year change in the property misconduct rate is 9.29%

There were 142 violent lawbreaking disorders in 2020. 1,129.40 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 11.57%

The closest Bus station is Tronson at Bella Vista (NB) in 8.29 km away from this listing with - MLS® 10284261.

12.9% of people with university certificate/degree live in this neighbourhood adjacent to the 50 Banks Road which is Below Average in comparison with other BC neighbourhoods. 17.1% of population in this neighbourhood that is near the Listing MLS® 10284261 have no certificate or degree. This number is Average compared to the average in BC.

Median Household Income near this dwelling with the address 50 Banks Road, Vernon, BC is $69632 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® 10284261 is $30699 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 53.9% which is Below Average.

Unemployment rate in the area around MLS® Listing # 10284261 is 6.4 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 50 Banks Road Okanagan North where population change between 2011 and 2016 was 5.3%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 50 Banks Road, Vernon, BC is 6.6 which is Low people per sq.km.

Average size of families in the area adjacent to home for sale 50 Banks Road is 2.7. This is Below Average number in comparison to the whole region. Percent of families with children near by the MLS® - MLS® 10284261 is 46.3% and it is Low. % of Married or living common law is around 65.2% and it is Above Average.

Average age of the population close to the 50 Banks Road is 45.3 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 50 Banks Road, Vernon, BC is $467924 and this is Above Average comparing to other areas in British Columbia

Average Owner payments are Below Average in the area adjacent to 50 Banks Road. $1025 owners spent in average for the dwelling. Tenants are paying $916 in this district close to MLS® 10284261 and it is Below Average comparing to other cities.

14.8% of Population in this district near the 50 Banks Road are Renters and it is Below Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 50 Banks Road, Vernon, BC is 4.7%, it is Below Average, % of English speakers only is 94.8% and Above Average. % of Neither English nor French speakers close to home for sale 50 Banks Road, Vernon, BC is 0.5% and it is Below Average comparing to other BC cities.

0% of all population in the area around this property with the address 50 Banks Road, Vernon, BC using Public Transport which is , 92.4% of using population are using Cars around MLS® 10284261, which is Above Average. 0.7% of people using Bicycles around the 50 Banks Road and it is Below Average. 4% of population are walking which is Average

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Local Info

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Principal & Interest
Property Taxes $202
Maintenance fee 0

Listing Price Comparision

This house $1,400,000
Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Agent photor
Dan Marusin
Renanza Realty
250-984-8355
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