This seven-acre parcel offers a compelling opportunity for multi-family residential development in a highly desirable area of British Columbia. A preliminary subdivision concept has been prepared demonstrating the potential to create three development lots, suitable for three duplex buildings and up to six residential units, subject to municipal approval. The seller is prepared to work cooperatively with a purchaser through the subdivision approval process. The property is located adjacent to the final phase of the established Estates at Shadow Mountain development, a well-regarded master-planned community known for its blend of natural surroundings and quality residential construction. The site features a combination of gently sloping benches, river frontage, and expansive views, providing a strong foundation for a thoughtfully designed residential project. Road access and municipal services, including city water and sewer, are planned and expected to be completed in 2026. Upon completion, access will be provided via a newly developed roadway serving future acreage and residential lots. The property’s setting offers privacy, scenic appeal, and convenient proximity to Cranbrook’s downtown amenities, making it well positioned for future development. (id:2493)
