5140 Clarence Road For Sale

peachland, British Columbia V0H1X2
$ 4,950,000
  • ©MLS 10323692

Description

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:48970) Show More

Details

  • Property Type: Vacant Land
  • Type: Other
  • Neighbourhood: Peachland

Features

  • Treed
  • Irregular lot size
  • Lake view
  • Mountain view
  • Valley view
  • View of water
  • View (panoramic)

Location

Similar Properties



This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association
Data provided by: Okanagan-Mainline Real Estate Board

©️ Hybrid Real Estate Plugin For CREA DDF

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)