5286 Buchanan Road
Peachland, British Columbia
MLS® 10384221
$899,900
- Status
- Active
- Property type
- House
- MLS® number
- 10384221
- Bedrooms
- 2
- Bathrooms
- 2
- Year built
- 1955
1 / 40Listing description
BUILDERS, INVESTORS, DEVELOPERS look no further for an ideally positioned future development opportunity with rental income or personal use coverage in the interim. Gently sloped site, 180 degree Okanagan Lake views, walkable beach accesses, 30 minutes closer to Vancouver. The vision is here for a well timed acquisition in advance of the poised market recovery.
This charming lakeview home with unstoppable views sits on . 49 of an acre with public road access from both Buchanan Rd and Tailyour Ln. Numerous redevelopment options present themselves from 2 - 4 exclusive lakeview lots, up to 7 potential townhomes or a more comprehensive redevelopment through adjacent land acquisitions.
The underused basement has the potential to add bedrooms and more rental revenue as well. Site power has been upgraded to 400 amps.
Property summary
- MLS® number
- 10384221
- Property type
- Single Family
- Building type
- House
- Square footage
- 1,471 sq ft
- Title
- Freehold
- Land size
- 0.49 acres
- Built in
- 1955
- Annual property taxes
- $4,488.00
- Parking
- 8 spaces · Carport
- Days on market
- 148 days
Features & details
- Heating
- Baseboard heaters, Forced air, Electric, See remarks
- Cooling
- Central air conditioning
- Basement
- Partial
- Flooring
- Laminate, Carpeted, Linoleum
- Appliances
- Refrigerator, Range - Gas, Dishwasher
- Exterior features
- Wood siding
- Lot features
- Corner Site, Sloping, Jacuzzi bath-tub, One Balcony
- View
- Lake view
- Architectural style
- Ranch
What would this home cost you?
Based on the $899,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Stilhavn Real Estate Services, Kelowna.
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.