Summerland, BC V0H1Z8,12600 Blagborne Avenue
Summerland, BC V0H1Z8,12600 Blagborne Avenue
Summerland, BC V0H1Z8,12600 Blagborne Avenue
Summerland, BC V0H1Z8,12600 Blagborne Avenue
Summerland, BC V0H1Z8,12600 Blagborne Avenue
Summerland, BC V0H1Z8,12600 Blagborne Avenue
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$ 3,300,000
Est. payment | /mo

1,648 SqFt


$ 3,300,000
Est. payment | /mo

1,648 SqFt

Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,648 sqft

Price per Sqft $2,002

Subdivision Main Town

MLS® Listing ID 10343928

Originating Board Association of Interior REALTORS®

Year Built 1910

Lot Size 6.530 Acres

Acres 284446.8

Property Sub-Type Freehold

Property Description

Developers or investors! 6.5 acres of residential RU2 zoned land in the heart of Summerland. A preliminary design plan for 32 lots under existing zoning has been proposed to the municipality. Existing RU2 allows up to 4 dwellings per lot with up to 40% lot coverage and 11 m/3story height per lot, indicating potential for 138 dwellings with no rezoning. City water and sanitary sewer lines are right there. 4 minute drive or 16 minute walk to downtown. Views over Summerland and mountains. Gated property includes a well-maintained 2 bed house plus a one-bedroom secondary dwelling, big workshop, 3 car garage and swimming pool. Develop now or hold for the future. Priced very realistically for raw development land. Infrastructure and soft costs estimated at $115k/lot 2 years ago. Average selling price estimated at $350k/lot today. Not within ALR (Agricultural Land Reserve). Interior of house and buildings can only be shown on a second showing. 2024 property tax based on agricultural use, which is now discontinued. Summerland includes some municipal levies on annual municipal property tax notice. Do not access property without appointment - bad dogs live on site. (id:24570)

Location

Province BC

Zoning Residential

Rooms

Kitchen 0.0

Interior

Heating See remarks

Cooling Central air conditioning

Exterior

Parking Features Yes

Garage Spaces 3.0

Garage Description 3

Fence Chain link

View Y/N No

Roof Type Unknown

Total Parking Spaces 6

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

Virtual Tour https://www.dropbox.com/scl/fi/ced7ecxxtf6dvwwhuqm1f/Blagborne-Movie.mov?rlkey=9

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Listed by Stilhavn Real Estate Services
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1156A Ellis Street, Kelowna, BC, V1Y 0J5, CAN

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12600 Blagborne Avenue