Eric & Neeley Inglis - 250-809-5076

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Vacant Land in Penticton

$3,900,000.00
1530 RESERVOIR ROAD - MLS® #: 173959
  • (126)
  • 231
  • 140
  • 0 Bedrooms
  • 0 Bathrooms
  • - Sq Ft
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Eric & Neeley Inglis
Contact Agent
250-809-5076

Property Type

Vacant Land

Description

77 acre development property located at the entrance to the Naramata Bench, on Penticton's desirable "Upper bench". Expansive lake, city and valley view's surround you as do wineries, vineyards, agricultural and estate properties. All while being a 5 minute drive away from downtown Penticton. This site is located within an area which has been identified for future urban development consistent with the City's North East Sector Plan. The property is currently zoned FG allowing for a broad mix of unique land uses including estate residential, single family residential, townhouses, condominiums units and various commercial uses. The lower section of the property could lend itself well to a vineyard and winery site. There is an abundance of different development possibilities here or build a dream home on this incredible holding property and ensure a financial legacy. A Development Feasibility Study has been done outlining the numerous opportunities this property offers. (id:6769)

Property Details

Subarea
PE Uplands/Redlands

Lot
77

Listing Agent

STEVE THOMPSON,*
(250) 487-7000

Brokerage

RE/MAX PENTICTON REALTY
(250) 492-2266

Disclaimer:

The property information on this website is derived from the Canadian Real Estate Association''s Data Distribution Facility (DDF®). DDF® references real estate listings held by various brokerage firms and franchisees. The accuracy of information is not guaranteed and should be independently verified. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Listing data last updated date: 2019-09-13 05:01:47




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