Lot A McCormack Road
Burton, British Columbia
MLS® 10348053
$799,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 10348053
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 77Listing description
Prime development opportunity in a beautiful, rural setting in Burton, south of Nakusp, near the shores of Arrow Lake! Flat, 8. 09 acre property (one title) has had preliminary approvals in place for a 10 lot subdivision with underground services in the past.
Lots 1, 2, and 3 were formally subdivided and recently sold; this is the remainder lot A for sale. An exceptional investing opportunity for savvy builders, investors or developers! Bring new ideas forward or pick up what once was and start up the process again.
Underground infrastructure is already in place with stubouts at each of the proposed 10 lots. Water, BC Hydro, and Telus are all available. Water is connected to the Burton community system, managed by the Regional District of Central Kootenay.
Septic systems will be required. An incredible amount of time and legwork have been done before you; take it from here and bring your vision to continue the process and finish subdividing it with your own ideas (could consider less density or different layout or continue focusing on the potential for 10 lots) or keep it as a holding property. The property is currently zoned R1K (suburban residential) and is out of the ALR.
Building scheme registered on title. There is also a very LARGE, massive amount of gravel rock and road crush stored on the property and will be left behind and included in a sale. Wonderful location near the lake with many recreational pursuits in the surrounding area.
Do not miss this opportunity.
Property summary
- MLS® number
- 10348053
- Property type
- Vacant Land
- Building type
- Other
- Title
- Freehold
- Land size
- 8.09 acres
- Annual property taxes
- $1,634.39
- Days on market
- 430 days
Features & details
- Lot features
- Cul-de-sac, Level lot, Irregular lot size
- Community features
- Family Oriented, Rural Setting
- View
- Lake view, River view, Valley view
What would this home cost you?
Based on the $799,000 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 Royal Lepage Selkirk Realty, Nakusp.
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.