This is undoubtedly South Okanagan’s finest multi-family luxury residential development opportunity.
A 4.4 acre property located opposite Okanagan’s best beach and park, Skaha Lake.
In 2006, the site was purposed for a multi-family luxury condo development of up to 240 units in a 12 storey building.
This proposal received city planning support, but the proposal was never taken to a rezoning and development permit.
City of Penticton Community Plan shows medium to high density residential for this property.
Residential units on this site would enjoy spectacular Okanagan valley and lake views.
The site is currently operated as a tent and trailer park on a seasonal basis.
This property is being sold as a share sale in an as-is condition to allow buyers to re-zone and develop the property to their needs.