SOMERSET VIEWS | A .31 acre LAKE VIEW lot located just minutes from the BEACH. This rare investment opportunity boasts true freehold land with multi-family potential, all at today’s price of a single family lot. No restrictions on style or timelines - BRING YOUR OWN BUILDER. With a gentle hillside slope, easily build multiple units with stunning views of the lake and mountains from all levels. Upcoming BC zoning changes allow for potential side-by-side DUPLEX with short-term compliant rental suites, maximizing future return upside. Experience endless summers with a short stroll to the lake, shopping and dog beach, perfectly situated between South and Central Okanagan. Property package available, including all essentials for planning and permitting, from geotechnical report, architectural plans, engineering, land survey and more, ensuring a seamless transition into your project. Enquire today to learn how the new BC ZONING legislation elevates the value of this rare opportunity. (id:47421)
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Detailed Information
Lot
77 x 0 ft
Listing Contract Date
2024-05-07
Municipal ID
017-974-615
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Views
Lake view
Waterfront Type
Other
Zoning
Unknown
Building
Type
Other
Utility Water
Municipal water
Utilities
Type
Description
Cable
Available
Electricity
Available
Natural Gas
At Lot Line
Telephone
Available
Water
At Lot Line
Land
Total Size
0.31 acres
Size of Irregular Land
0.31
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