$ 4,950,000
5140 Clarence Road Peachland, BC V0H1X2
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$ 4,950,000
Est. payment | /mo
8.3 Acres Lot
$ 4,950,000
Est. payment | /mo
8.3 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Peachland
MLS® Listing ID 10323692
Originating Board Association of Interior REALTORS®
Lot Size 8.300 Acres
Acres 361548.0
Property Description
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:24570)
Location
Province BC
Zoning Unknown
Exterior
Garage No
Waterfront No
View Y/N Yes
View Lake view, Mountain view, Valley view, View of water, View (panoramic)
Private Pool No
Others
Ownership Freehold
Listed by Chamberlain Property Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
thinkfirstrealestate@gmail.com
3469 Blue Grass lane, Kelowna, British Columbia, V1V 3G1, CAN