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5286 Buchanan Road

Peachland, BC V0H1X1

About this property

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:13843)

About this property

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:13843)

Features and Additional Information

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$899,900 Active
2 Bed(s)
2
 Baths
1,471 sqft
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Presented By Lindsay Barlow, Sales Representative,Représentant immobilier,Broker,Courtier,Manager

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Area Information

| County |

$ 899,900
This listing is play_arrow 33.3% lower than the average in the area
$ 1,350,000 in the area
1,471 SqFt
This listing is play_arrow 54.0% smaller than the average in the area
3,200 SqFt in the area
$ 612 $/SqFt
This listing is play_arrow 45.0% more than the average in the area
$ 422 $/SqFt in the area
127 days on site
This listing is play_arrow 13.0% below the average in the area
146 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Shane Styles
Brokerage: Stilhavn Real Estate Services

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