LOADING

1530 Reservoir Road Penticton, British Columbia V2A 8T4

Acreage

$3,900,000

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:18756)

Property Details

MLS® Number 173959
Community Features Quiet Area
Property Type Vacant Land
View Type Lake View, Mountain View

Building

Construction Style Attachment Other
Fireplace Present No

Land

Access Type Easy Access
Acreage Yes
Size Irregular 77.00
Size Total 77 Ac
Size Total Text 77 Ac

Utilities

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=19726413

Interested?

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