12600 Blagborne Avenue | House

No City Value, BC, Ca

Listing Provided By:
Stilhavn Real Estate Services

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SUMMERLAND. Developers or investors! 6.5 acres of residential RU2 zoned land in the heart of Summerland. Plan for 32 lots proposed to municipality under existing zoning. RU2 allows up to 4 dwellings/lot with 40% lot coverage and 11m/3story height per lot suggesting 138 "doors" with no rezoning. Townhouse type development? 4 minute drive or 16 minute walk to downtown. Sewer, water and views available. Includes 2 bed house plus 1 bed secondary dwelling, workshop, 3 car garage and pool. Develop or hold. Sharp price for raw development land. Infrastructure and soft costs estimated at $115k/lot 2 years ago. Avg selling price est at $350k/lot today. Not in ALR. No access without appointment - bad dogs on site. Buyer to independently verify all info/figures if important.

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