$474,900
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:50889)
Property Details
MLS® Number
10313244
Neigbourhood
Peachland
View Type
Lake View
Water Front Type
Other
Building
Type
Other
Utility Water
Municipal Water
Land
Acreage
No
Size Frontage
77 Ft
Size Irregular
0.31
Size Total
0.31 Ac|under 1 Acre
Size Total Text
0.31 Ac|under 1 Acre
Zoning Type
Unknown
Utilities
Cable
Available
Electricity
Available
Natural Gas
At Lot Line
Telephone
Available
Water
At Lot Line
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May 08 2024 05:01:30
Okanagan-Mainline Real Estate Board
Rennie & Associates Realty Ltd.
