Waterfront Property For Sale in Vernon, BC
5649 Cosens Bay Rd$549,000
This seller is willing to negotiate commission with any real estate agent who brings an acceptable offer from a qualified buyer.
Location - Click to Expand
- Address: 5649 Cosens Bay Rd
- Neighbourhood: provincial park
- City: Vernon
- Province/State: British Columbia
- Postal/Zip Code: V1B 1N7
- Country: Canada
- Property Type: Waterfront Property / Building Lot / Empty Lot / Recreational Property
- Ad Type: For Sale
- Listing ID: 798732
Kalamaka Park Estates is a 31 acre property with 2400 ft of lake shore. There are 24 lake shore lots and 2 common areas on the lake. Off the lake there are 2 lots and a large common parking area. The DP allows for 1 home per lot maximum foot print 1166 sq ft with up to 500 sq ft of deck, most homes have a walk out basement plus two upper floors giving them a finished area of 3500 sq ft. Homes are to be constructed of fire resistant material and painted earth tone colours. Plans must be passed by the board of directors. The riparian set back from the lake is 50 ft, within the riparian area you can build a walkway to the lake, a deck on the lake shore and a dock with a boat lift. The park has a community water system and a propane grid which services each lot owners install a holding tank to collect waste which will be hauled out. Cosens Bay Power are working on bringing power to the area at present all homes have solar. KPE owns the property, each lot is a share so there are 26 shares when you buy a lot (share) you own 1/26 of the 31 acres since it is a share sale there is no GST or property transfer tax. KPE does not have any debt there is a yearly maintance fee of $600.00 which pays for water and road mantance. The property is gated and surrounded by Provincial Park so there will never be any development around it. Meetings are held yearly at which time 6 directors and a president are elected a shareholders agreement and disclosure ststement is available for qualified buyers.
Approximate Map Location*
5649 Cosens Bay Rd, Vernon, British Columbia, Canada V1B 1N7
* Each seller is responsible for ensuring that their map location is accurate. Please contact the seller directly if you have any questions.This property for sale has been tagged by the seller as close to Coldstream, British Columbia.