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Renanza Realty
For sale

10216 Lumsden Avenue

Summerland, British Columbia

MLS® 10395702

$675,000

Status
Active
Property type
Vacant land
MLS® number
10395702
Bedrooms
Bathrooms
Year built

Listing description

Prime 2-acre agricultural property just minutes from downtown Summerland. Discover an exceptional opportunity to own level, productive land in one of Summerland's most desirable rural locations. Situated within the ALR and only a 4-minute drive to downtown, this property offers the perfect balance of peaceful country living with convenient access to shopping, restaurants, schools, and everyday amenities.

Planted with a variety of fruit trees and zoned AG1 – Small Holdings, the property offers flexibility for agricultural and rural lifestyle uses. Zoning may permit a secondary dwelling, agri-tourism, farm retail sales, home-based businesses, and farm worker accommodation. Buyers should verify permitted uses with the District of Summerland.

The completely flat, usable acreage is ideal for expanding the existing orchard, creating a hobby farm, or developing a productive agricultural operation. A large detached shop provides excellent space for equipment, vehicles, storage, or workshop use. An existing home is located on the property; however, the foundation may require significant attention.

The property is being offered primarily for its exceptional land value and agricultural potential, with the residence providing limited value. Rarely available acreage with versatile AG1 zoning, a substantial shop, and an unbeatable location close to downtown Summerland.

Property summary

MLS® number
10395702
Property type
Vacant Land
Building type
Other
Title
Freehold
Land size
2 acres
Annual property taxes
$3,774.00
Days on market
55 days

What would this home cost you?

Based on the $675,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,141 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of eXp Realty, Penticton.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.