Active

5140 Clarence Road

Peachland British Columbia, V0H1X2

C$4,950,000


C$13.69 per sqft

Active

8.3 Acres

Land

 Courtesy of Chamberlain Property Group 

Opportunity to purchase this beautiful 8.3 acre parcel of land with breathtaking views overlooking Okanagan Lake. Lower portion of parcel (3.39 acres) currently zoned A2 (not in ALR) with OCP designation low density residential. The District of Peachland has noted the upper portion of the property to be reviewed for OCP amendment for upper 4.9 acres to low density residential in early 2025. Entire property has preliminary plans to be subdivided into 30 single family lots (28 duplex size) allowing for 58 units. Townhomes may be possible with R1 zoning. Buyer to do their own due diligence. A portion of the land abuts with New Monaco development, giving an exciting opportunity to tie into a massive development. Potential use of the upper portion as a vineyard - soil tests available. (id:41202)

10323692

MLS ID

November 19, 2024

Updated

Map

5140 Clarence Road
Peachland British Columbia, V0H1X2

Exterior/Building Features

Lot Size

8.3 Acres

Other Property Details

Garage

No


View

Yes


View Description

Lake view, Mountain view, Valley view, View of water, View (panoramic)


Pool

No


Zoning

Unknown

Courtesy of Chamberlain Property Group

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