Would you like to subscribe to our newsletters?

2nd piece of potential Okanagan parkland sold to private owners

The Chelsea Estates were sold to a private buyer so will not become part of Ellison Provincial Park.
The Chelsea Estates were sold to a private buyer so will not become part of Ellison Provincial Park.

Following on the news that Sickle Point on Skaha Lake in the South Okanagan has been sold to a private owner comes word Chelsea Estates on Okanagan Lake in Vernon has also been sold.

The five-acre Sickle Point property was sold to a Vancouver family interested in preserving the land, something environmental groups have been advocating for over many years.

READ MORE: Ecologically valuable land on Skaha Lake in South Okanagan sold to anonymous buyer

Mark Lester with Colliers Canada, one of the listing agents for Chelsea Estates, would not say if the buyer of the 234-acre Chelsea Estate has similar ideas in mind.

The estates consists of 11 separate properties and had been touted by the City of Vernon, thousands of people who signed a petition and local business as a possible extension to Ellison Provincial Park, which it borders.

READ MORE: B.C. Parks considers expansion of lakeshore provincial park in North Okanagan

“There’s some zoning that is agricultural, there is some waterfront residential, there is some higher density residential so there’s a bit of a mixed bag with respect to the zoning designations of the various different parcels,” Lester said.

His listing says all but three of the properties have frontage on Okanagan Lake and they range in size from 0.25 to 160 acres.

The estates lie within Vernon boundaries and there is a sewer line running along Eastside Road. The new owners can always apply to rezone the property as well.

Lester said he’s been working with the buyer for months and the subjects have come off the deal but the money has yet to exchange hands. He can’t say how long that might take.

No price was listed for the property but a municipal evaluation valued it at $16.5 million.

To contact a reporter for this story, email Rob Munro or call 250-808-0143 or email the editor. You can also submit photos, videos or news tips to the newsroom and be entered to win a monthly prize draw.

We welcome your comments and opinions on our stories but play nice. We won't censor or delete comments unless they contain off-topic statements or links, unnecessary vulgarity, false facts, spam or obviously fake profiles. If you have any concerns about what you see in comments, email the editor in the link above.