Great potential development property /or private city acreage. Rare property, perfectly located for future development. Two acres, of flat land, backing onto Vernon Creek. Great potential site for apartment buildings or townhouses if successfully re-zoned with the City of Vernon. The municipal sewer is at the lot line. All services are available & the location is right next door to a gorgeous city park (Marshall Fields). Very close to the development happening at the head of Okanagan Lake in Vernon. A property with this much potential does not come along very often. The property also offers a very nice 1560 sq ft renovated rancher with wheelchair access. The basement is totally unfinished and has a separate entrance, windows have been updated but are covered with insulation (and marked), this insulation can be easily removed, and the basement can be finished. This property is private and has fruit trees and an idyllic setting backing onto Vernon Creek. Please check with the City for re-zoning inquiries. The listing agent makes no representations in regard to potential re-zoning success or development potential, the process is entirely in the hands of the local government and the Buyer. The official community plan designation is Residential Low Density. The current zoning is RR ( Rural Residential).