5055 Ridge is a rare and highly strategic development opportunity in Shuswap Lake’s popular community, Eagle Bay. Combining scale, infrastructure, and regulatory readiness into a single, de-risked asset. Spanning approximately 155 acres, the properties potential is positioned for a 54-lot subdivision, with each lot averaging 2.5 acres. What truly sets Ridge apart is its fully operational and licensed private water utility—an asset that dramatically reduces both development cost and timeline. The system includes a 632,000-litre reservoir, multiple wells, and nearly 6 km of distribution infrastructure, currently servicing over 100 connections with capacity for significant expansion. Key reports include: geotechnical, septic, wastewater, and engineering—are complete and support the subdivision with no identified barriers to approval. Road infrastructure is substantially in place, and the project is effectively near being application-ready. Zoned RR1 and aligned with the Official Community Plan, the property supports low-density residential use with the ability for two dwellings per lot, enhancing long-term value and flexibility. Call for more information. (id:47421)
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Detailed Information
Listing Contract Date
2026-03-20
Municipal ID
013-670-387
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Building
Type
Other
Utility Water
Private Utility
Utilities
Type
Description
Water
Available
Land
Total Size
154.9 acres
Acreage
Yes
Current Use
Development residential
Sewer
No sewage system
Size of Irregular Land
154.9
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