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  250-487-7000
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Lots/Acreage in Penticton, BC

$3,900,000.00

    1530 RESERVOIR ROAD - MLS® # : 173959

Lots/Acreage in Penticton, BC

$3,900,000.00

  1530 RESERVOIR ROAD - MLS® # : 173959

3354120 SqFt
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Bedrooms


Bathrooms

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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.

Subarea
PE Uplands/Redlands

Taxes
12185

Tax Year
2018

Lot
3354120

Water Supply
None

Sewer
Not Connected

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Steve Thompson
Personal Real Estate Corporation
  484 Main Street Penticton, British Columbia
  250-487-7000
  steve@thompsoncrocker.com
  teamthompson.com/

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