This vacant lot presents an incredible investment opportunity with a partially constructed concrete foundation and multi-unit residential plans available for future development. Perfectly positioned with RM4 zoning, the property allows for medium-density residential development, ideal for multi-family or condo projects. Facing the highway and directly across from the sparkling Okanagan Lake, this lot boasts stunning, unobstructed views of both the lake and surrounding mountains. Located just minutes from Peachland's vibrant downtown, it combines convenience with the beauty of lakeside living. The foundation for a 9-condo development is already in place, streamlining the path to creating a stunning lakeview community. Don’t miss out on this property, priced to sell and ready for your vision. Please exercise caution when walking on the property. (id:47421)
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Detailed Information
Amenities Nearby
Recreation
Listing Contract Date
2024-11-01
Municipal ID
008-487-880
Ownership Type
Freehold
Property Type
Vacant Land
Road
Paved road
Transaction Type
For sale
Views
Lake view, Mountain view, Valley view, View of water, View (panoramic)
Zoning
Unknown
Building
Type
Other
Utility Water
Municipal water
Utilities
Type
Description
Water
Available
Land
Total Size
0.38 acres
Access Type
Highway access
Amenities
Recreation
Current Use
Development residential
Size of Irregular Land
0.38
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