LOT 5 PARNABY Road, Cranbrook

$5,000,000

MLS® 10393475

MLS® 10393475 LOT 5 PARNABY Road, Cranbrook, British Columbia $5000000

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Exceptional multifamily development opportunity in Cranbrook BC. Elk Crossing is a 9.9-acre development parcel forming part of the St. Mary’s Neighbourhood Structure Plan and is currently zoned for multifamily use with density of up to 100 units, along with current Development Permit approval. Potential may exist to increase density up to approximately 250 units through a future application to the City of Cranbrook and approval process (city approval would be required). Located beside the renowned Shadow Mountain Golf Course, this property offers a rare chance to develop in a highly desirable lifestyle destination surrounded by mountain views, natural beauty, the St. Mary River, Rails to Trails, and four-season recreation. Cranbrook continues to serve as the East Kootenay’s key regional hub, offering strong long-term appeal with schools, shopping, health services, the Canadian Rockies International Airport, and quick access to Kimberley all nearby. Servicing is available to the lot line for City water and sewer through adjacent strata EPS 153. Power poles are in place, with additional electrical service required; previous design work had been completed and submitted to BC Hydro. A single gas line also services the property, with sizing to be verified. The land has been scraped and graded according to the existing plan, with geotechnical and preliminary engineering reports available. (id:44056)

Property Details

Full Address:: LOT 5 PARNABY Road, Cranbrook, British Columbia
Price:: $ 5,000,000
MLS Number:: 10393475
List Date:: July 6th, 2026
Neighbourhood:: Cranbrook North
Lot Size:: 9.9 ac
Taxes:: $ 4,654

Interior Features

Building Features

Sewer:: Municipal sewage system
Water:: Municipal water
Ownership Type:: Freehold
Taxes:: $ 4,654

Floors

Land

View:: Mountain view
Lot Size:: 9.9 ac
Current Use:: Development residential
Road Type:: Paved road

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Steven Throndson Real Broker B.C. Ltd
250-919-3366

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Listing Agent(s)

Listing: Steven Throndson
Real Broker B.C. Ltd

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