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$4,195,000
Est. payment /mo
157.85 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Eagle Bay
MLS® Listing ID 10396327
Lot Size 157.850 Acres
Acres 157.85
Property Sub-Type Freehold
Property Description
Court Ordered Sale of a large format development site above Eagle Bay in BC's popular and growing Shuswap region. Currently zoned R2, the site supports development into 2.5 acre lots with a considerable level of infrastructure and feasibility analysis already complete. The property is improved with a licensed and operational private water utility that currently services 74 homes and 30 additional lots on a neighbouring property, and has the capacity to service an estimated 80 additional residences, more than sufficient for the subject property. The water system consists of a 632,000 litre reservoir, 5 wells, and underground servicing on the existing property and neighbouring properties. The private utility has an estimated replacement cost of $2.5m. Ridge Road provides access through the property to the water reservoir. The road is gravel and is built to MOTI grade specs. This is a well located development site with a significant level of hard and soft costs already completed. Sale is by way of Court Order. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
Fence Not fenced
Community Features Rural Setting
View Y/N Yes
View Lake view, Mountain view, Valley view
Attached Garage No
Garage No
Private Pool No
Building
Lot Description Wooded area
Sewer No sewage system
Others
Ownership Freehold
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