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12600 Blagborne Avenue Summerland, British Columbia V0H 1Z8

1648 sqft
Central Air Conditioning See Remarks Acreage

$3,300,000

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:36541)

Property Details

MLS® Number 10343928
Property Type Other
Neigbourhood Main Town
Amenities Near By Recreation, Schools, Shopping
Features Private Setting
Parking Space Total 6

Building

Constructed Date 1910
Cooling Type Central Air Conditioning
Exterior Finish Other
Fire Protection Controlled Entry
Foundation Type See Remarks
Heating Type See Remarks
Roof Material Asphalt Shingle
Roof Style Unknown
Size Interior 1648 Sqft
Type Other
Utility Water Municipal Water

Parking

Detached Garage 3

Land

Acreage Yes
Fence Type Chain Link
Land Amenities Recreation, Schools, Shopping
Sewer Municipal Sewage System
Size Irregular 6.53
Size Total 6.53 Ac|5 - 10 Acres
Size Total Text 6.53 Ac|5 - 10 Acres
Zoning Type Residential

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available
Sewer Available
Water Available

https://www.realtor.ca/real-estate/28178316/12600-blagborne-avenue-summerland-main-town

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Stilhavn Real Estate Services
#104 - 2770 Valley Centre Avenue
North Vancouver, British Columbia V7J 0C8

(604) 398-7999
www.stilhavn.com

Stilhavn Real Estate Services
#104 - 2770 Valley Centre Avenue
North Vancouver, British Columbia V7J 0C8

(604) 398-7999
www.stilhavn.com

Stilhavn Real Estate Services
#104 - 2770 Valley Centre Avenue
North Vancouver, British Columbia V7J 0C8

(604) 398-7999
www.stilhavn.com

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