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34 Monashee Rd - Multifamily & Hotel Development Land 0.26 - 22.8 Acre Commercial Land Lots in Vernon, BC V1B 3M1

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Investment Highlights

  • Positioned in the heart of Silver Star’s mid-mountain village.
  • Zoning supports hotel, retail, residential, and entertainment uses.
  • Approved Master Development Agreement in place through 2033.
  • Ski-in/ski-out access across all parcels.
  • Utilities available at lot lines for all parcels.
  • Opportunity for phased development across five parcels.

Executive Summary

Silver Star Mountain Resort presents a rare and transformative opportunity to acquire ±31 acres of slopeside development land in British Columbia’s celebrated Okanagan Valley. Offered as five distinct parcels, this portfolio is ideally positioned to shape the future of one of Canada’s premier four-season resort destinations. With zoning in place for Village Commercial (VC), the land supports a wide range of uses including hotels, townhomes, retail, restaurants, and entertainment venues.
Backed by an approved Master Development Agreement with the Province of BC, the site benefits from long-term entitlements and infrastructure readiness. This is a once-in-a-generation opportunity to leave a lasting mark on a thriving resort community.

Property Facts

Sale Type Investment
No. Lots 5
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Storefront
Total Lot Size 30.10 AC
Zoning VC - Village Commercial

5 Lots Available

Lot 1

Lot Size 1.92 AC

#1: Snowbird II has potential to be developed in a variety of build forms including townhomes, apartment condominiums and/or hotel units.

Lot 2

Lot Size 4.27 AC

Firelight II is an exceptional multifamily land parcel with potential to be developed in a variety of build forms including townhomes, apartment condominiums and/or hotel units.

Lot 3

Lot Size 22.80 AC

This expansive parcel known as Silverwoods has a potential to develop a variety of building forms including apartments, townhomes, hotels and retail components which could enhance the village

Lot 4

Lot Size 0.85 AC

West Fire Hall: Part level and part sloped, this unique knife blade-shaped parcel spans approximately 0.847 acres. Just across Silver Star Road from primary day parking, ~0.21 acres is used as surface parking for day skiers and hotel guests.

Lot 5

Lot Size 0.26 AC

"Town Hall" is ideally located at Silver Star Mountain Resort. Immediately adjacent to the Gondola and the Townhall just steps away from the Ticket Office and Vance Creek Hotel, this parcel has the potential to be developed in many ways.

Description

The parcels are strategically located throughout the resort’s vibrant mid-mountain village, offering ski-in/ski-out access, panoramic views of the Monashee Mountains, and proximity to key resort infrastructure including gondolas, chairlifts, skating ponds, and cross-country trails. Silver Star’s master-planned community is pedestrian-oriented, vehicle-free, and designed to foster a lively, walkable experience year-round. The resort itself spans 3,200 acres of skiable terrain with 132 alpine runs, 69 km of downhill biking trails, and 70 km of cross-country skiing. With over 7,900 daily visitors and a growing population in nearby Vernon, the area is primed for continued growth. The offering includes parcels such as Snowbird II, Firelight II, Silverwoods, West Fire Hall, and Town Hall, each with unique development potential ranging from multifamily and hotel to retail and mixed-use.

  • Listing ID: 37745109

  • Date on Market: 9/19/2025

  • Last Updated:

  • Address: 34 Monashee Rd, Vernon, BC V1B 3M1

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