231 Terrace Drive, Kelowna

2026-10-31

231 Terrace Drive, Kelowna, British Columbia

For Sale Vacant Land
$475,000

MLS®#10404959

RARE DOUBLE-ACCESS .31 ACRE BUILDING LOT – MAGIC ESTATES! One of the last opportunities in the final phase of prestigious Magic Estates! Tucked away on a quiet no-through cul-de-sac, this exceptional 0.31 acre property offers privacy, prestige and a beautiful natural setting, backing onto wooded greenspace with a mountain backdrop. Enjoy a peaceful setting away from the hustle and bustle, yet just minutes to downtown, Glenmore schools, shopping and the popular Knox Mountain trails. The relatively flat, generous building site offers an excellent opportunity to create your custom dream home, with the added benefit of two access options. Front panhandle access from Terrace Drive provides flexibility for parking and design, while the private rear easement lane offers convenient straight-in access and additional building possibilities. RU1 zoning allows for a single-family home with suite potential. Choose your own builder and build on your timeline. Water and sewer available at Terrace Drive (buyer to verify exact locations with the City of Kelowna). A rare opportunity to secure one of the remaining estate lots in this sought-after neighbourhood. Privacy, natural beauty and convenience – a wonderful place to build your Okanagan dream home! (id:32467)

Building Vacant Land
Rooms
Bedrooms
Bathrooms 0
Square Footage 0 ft²
Built in
Parking Type
Neighbourhood Kelowna

How much could you save on commission?

How much could you save in commission selling with One Percent Realty?

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$500,000

$300,000 $3,000,000

Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 2.5% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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One Percent Realty's top FAQs

Q.
What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

Q.
What do you charge?

Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950

Q.
Are your listings on MLS® and realtor.ca?

Yes, and yes.

Learn more about the 1% Deal
Glen
Glen MacKenzie

REALTOR®. Member of The Canadian Real Estate Association & more

onepercentglen@shaw.ca

(250) 870-4536

Support Area:
Areas serviced in the Central Okanagan include all sub divisions of: Kelowna,Westbank,West Kelowna,Peachland
ONE PERCENT REALTY LIMITED … THE FULL STORY FINALLY ... AN ALTERNATIVE! If you've ever sold a home before, you know what the traditional or typical sales commission costs are. Do you remember how you felt when you saw what you paid to the real estate company? Do you remember what you...
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