Small acreage located directly across from Okanagan Lake, offering stunning lake views and unbeatable access to Paddlewheel Park and the nearby boat launch just steps away. This gently sloping property provides excellent potential for a variety of future uses, including redevelopment. OCP states future Village Centre, City of Vernon may support re-zoning to MUM, CMUN or CMUB. The existing home is connected to municipal services and features two bedrooms on the main level, plus a self-contained in-law suite in the walk-out basement—ideal for extended family or rental income. Whether you're looking for a prime redevelopment opportunity or want to take advantage of the current zoning that supports multiple agricultural uses, this is a rare chance to secure a versatile property in an exceptional lakeside location. This property is not in the ALR. (id:31501)