2nd piece of potential Okanagan parkland sold to private owners
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.
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.
“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.
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