1530 RESERVOIR ROAD

Vacant Land For Sale in Penticton, British Columbia

$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:4069)

Address 1530 RESERVOIR ROAD
List Price $3,900,000
Property Type Vacant Land
Area British Columbia
Sub-Area Penticton
Lot Size 77.00 Sq. Ft.
MLS® Number 173959
Listing Brokerage RE/MAX PENTICTON REALTY
Postal Code V2A8T4

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Jill Jennex

Parker Real Estate

Main Branch: 13242 Victoria Rd North Summerland B.C. V0H 1Z0

Office: 250-486-6922

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