5286 Buchanan Road, Peachland, British Columbia V0H1X1

Listing courtesy of Stilhavn Real Estate Services.

$899,900
2
BD
2
BA
1,471
SqFt

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List Price
$899,900
Price Change
▼ $39,100 1782769055
MLS®
10384221
Days on Market
97
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
2
Bathrooms
2
Living Area
1,471
Lot Size Dimensions
0.49
Lot Size
21,344
Subdivision
Peachland

Property 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. (id:5764)

Additional Information

Ownership
Freehold
View
Lake view
Subdivision
Peachland
Parking Spaces
8
Fireplaces
1
Cooling
Central air conditioning
Country
Canada
Flooring
Laminate, Carpeted, Linoleum
Sewer
Municipal sewage system
Roof
Asphalt shingle, Tar & gravel, Unknown
Heating
Baseboard heaters, Forced air, Electric, See remarks
Lot Features
Corner Site, Sloping, Jacuzzi bath-tub, One Balcony
Architectural Style
Ranch
Stories
1
Lot Size
21,344

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Calculator source: Real Geeks