6488 Renfrew Road
Peachland, British Columbia
MLS® 10386173
$1,345,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 10386173
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 48Listing description
Set on a bench above Okanagan Lake in Peachland, this exceptional 2. 27 acre (98,881 sq ft) property offers unobstructed lake views stretching from Kelowna to Naramata. OUTSTANDING DEVELOPMENT POTENTIAL.
A portion of the land extends below Renfrew Road and, while not eligible for development, permanently secures & protects the view corridor above Okanagan Lake — a rare and valuable feature. Recently REZONED RM2, the site allows for up to 4 doors per subdivided lot with the potential for 4 lots. Access is located along Renfrew Road on the south side of the property.
The parcel is fully serviced with existing water, electricity, and sewer. Urban Systems has confirmed current servicing capacity supports up to 16 doors. RM2 zone facilitates medium-density, small-scale multi-unit housing (SSMUH) on serviced urban lots 800 m (0.
2 ac) or larger. Three registered covenants on title, including provisions related to the creek along the north boundary, road allowance along Renfrew Road, & an existing sewer line along Renfrew Road allowing for gravity-fed servicing. An original 1960s home currently sits on the property providing holding income while development plans are finalized.
Prime location just 4 minutes to downtown Peachland, 7 minutes to the Peachland Yacht Club, 20 minutes to West Kelowna, 30 minutes to Penticton, and approx 3. 5 hours to Lower Mainland. A compelling opportunity to secure prime land with protected Okanagan Lake views and multi-family zoning already in place!
Property summary
- MLS® number
- 10386173
- Property type
- Vacant Land
- Building type
- Other
- Title
- Freehold
- Land size
- 2.27 acres
- Annual property taxes
- $5,229.76
- Days on market
- 134 days
Features & details
- View
- Lake view, Mountain view, Valley view, View of water, View (panoramic)
What would this home cost you?
Based on the $1,345,000 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.