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Main Photo: 1530 RESERVOIR ROAD in Penticton: Vacant Land for sale : MLS®# 173959
Photo 1: 1530 RESERVOIR ROAD in Penticton: Vacant Land for sale : MLS®# 173959
Photo 2: 1530 RESERVOIR ROAD in Penticton: Vacant Land for sale : MLS®# 173959
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Status:
Active
Prop. Type:
Vacant Land
MLS® Num:
173959
77 acre development property located at the entrance to the Naramata Bench, on Penticton's desirable "Upper bench". Expansive lake, city and valley view's surround you as do wineries, vineyards, agricultural and estate properties. All while being a 5 minute drive away from downtown Penticton. This site is located within an area which has been identified for future urban development consistent with the City's North East Sector Plan. The property is currently zoned FG allowing for a broad mix of unique land uses including estate residential, single family residential, townhouses, condominiums units and various commercial uses. The lower section of the property could lend itself well to a vineyard and winery site. There is an abundance of different development possibilities here or build a dream home on this incredible holding property and ensure a financial legacy. A Development Feasibility Study has been done outlining the numerous opportunities this property offers. (id:2493)
Property Type:
Vacant Land
Transaction Type:
For sale
Ownership Type:
Freehold
Community:
PE Uplands/Redlands
Community Features:
Quiet Area
View:
Lake view, Mountain view
Utilities:
Electricity - Available, Natural Gas - Available, Telephone - Available, Water - Available, Sewer - Not Available
Construction Style Attachment:
Other
Fireplace:
No
Road Access:
Easy access
Acreage:
Yes
Lot Size:
77 acre(s)
Lot Size:
77 ac
Lot Details:
77.00
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Larger map options:
Listed by ROYAL LEPAGE LOCATIONS WEST
Data was last updated May 21, 2019 at 11:15 AM (UTC)
Area Statistics
Listings on market:
76
Avg list price:
$277,000
Min list price:
$164,900
Max list price:
$3,900,000
Avg days on market:
293
Min days on market:
6
Max days on market:
425
These statistics are generated based on the current listing's property type and located in Penticton. Average values are derived using median calculations.
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