Opportunity to purchase this beautiful 8.3 acre parcel of land with breathtaking views overlooking Okanagan Lake. Lower portion of parcel (3.39 acres) currently zoned A2 (not in ALR) with OCP designation low density residential. The District of Peachland has noted the upper portion of the property to be reviewed for OCP amendment for upper 4.9 acres to low density residential in early 2025. Entire property has preliminary plans to be subdivided into 30 single family lots (28 duplex size) allowing for 58 units. Townhomes may be possible with R1 zoning. Buyer to do their own due diligence. A portion of the land abuts with New Monaco development, giving an exciting opportunity to tie into a massive development. Potential use of the upper portion as a vineyard - soil tests available. (id:2493)
Property Type:
Vacant Land
Common Interest:
Freehold
Zoning:
Unknown
Taxes:
$5,388.72 /
-
Community:
Peachland
View:
Lake view, Mountain view, Valley view, View of water, View (panoramic)
Data was last updated October 22, 2024 at 03:45 PM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$625,000
Min list price:
$335,000
Max list price:
$13,500,000
Avg days on market:
75
Min days on market:
6
Max days on market:
351
These statistics are generated based on the current listing's property type
and located in
Peachland. Average values are
derived using median calculations.