$899,900

5286 Buchanan Road, Peachland V0H1X1

2 Beds 2.0 Bath 1,471 Sq Ft Built 1955

Detached

Listed by: Stilhavn Real Estate Services.
Data provided by CREA's Data Distribution Facility.

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Description

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:66934)

Location

Approximate location supplied by the listing data provider.

Features

View: Lake view

Parking: Carport

Parking Spaces: 8

Structure: House

Annual Taxes: $4,488

Lot Size: 0.49

Property Details

Property Type	Detached
Sub Type	Single Family
Bedrooms	2
Bathrooms	2.0
Living Area	1,471 sq ft
Lot Size	0 sq ft
Year Built	1955
Stories	1.0
Parking	8 spaces
Listing ID	10384221

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