SOMERSET VIEWS | A .31 acre LAKE VIEW lot located just minutes from the BEACH. This rare investment opportunity boasts true freehold land with multi-family potential, all at today’s price of a single family lot. No restrictions on style or timelines - BRING YOUR OWN BUILDER. With a gentle hillside slope, easily build multiple units with stunning views of the lake and mountains from all levels. Upcoming BC zoning changes allow for potential side-by-side DUPLEX with short-term compliant rental suites, maximizing future return upside. Experience endless summers with a short stroll to the lake, shopping and dog beach, perfectly situated between South and Central Okanagan. Property package available, including all essentials for planning and permitting, from geotechnical report, architectural plans, engineering, land survey and more, ensuring a seamless transition into your project. Enquire today to learn how the new BC ZONING legislation elevates the value of this rare opportunity. (id:44056)

Property Details

Full Address:
6070 Somerset Avenue, Peachland, British Columbia
Price:
$ 474,900
MLS Number:
10313244
List Date:
May 8th, 2024
Lot Size:
0.31 ac

Interior Features

Building Features

Water:
Municipal water
Zoning:
Unknown
Ownership Type:
Freehold

Floors

Land

View:
Lake view
Lot Size:
0.31 ac
Water Frontage Type:
Other

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent

Robert Breckwoldt
Rennie & Associates Realty Ltd.

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