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:2493)
Property Type:
Vacant Land
Common Interest:
Freehold
Zoning:
Unknown
Taxes:
$3,729.28 /
-
Community:
Peachland
View:
Lake view, Mountain view, Valley view, View of water, View (panoramic)
Data was last updated November 15, 2024 at 06:45 AM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$1,069,950
Min list price:
$335,000
Max list price:
$13,500,000
Avg days on market:
141
Min days on market:
11
Max days on market:
253
These statistics are generated based on the current listing's property type
and located in
Peachland. Average values are
derived using median calculations.
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