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Thompson + Crocker
Thompson + Crocker
Steve Thompson - Personal Real Estate Corporation
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Royal LePage Locations West Realty

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1530 Reservoir Road
Penticton, BC V2A 8T4
MLS# 173959 ID: 53260992
$3,900,000
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Property Description
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.
Property Features
Status
Last Updated October 3, 2018
Market Status Available
Description
Property Type Land
Approx. Lot Size 77 Acres
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