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129 Walnut Place | $1,399,000
Paul Grewal Agent Photo
Paul
Grewal
Crush Real Estate Group
P. (778) 476-7778
Phone Paul https://crushrealestate.ca/
CHAMBERLAIN PROPERTY GROUP
104 - 399 Main Street
Penticton, BC
Canada V2A 5B7

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Address 129 Walnut Place
AreaSouth Okanagan
Sub AreaOL - Oliver
State/ProvinceBritish Columbia
CountryCanada
Price$1,399,000
Property TypeSingle Family - Detached
Bedrooms3
Bathrooms2
Half Baths0
Floor Space1593 Square Feet
Lot Size1.95 Acres
WaterfrontYes
Year Built1986
Taxes $2,048
Tax Year2023
MLS® #10306785

Riverfront Residential or 4 flex Development Property. Amazing Holding Property. Develop now, or in the future. Flat 1.96 acres with Sewer and Water Nearby. Not in ALR. Currently Zoned Residential but has 4plex lot or duplex potential. New setback and Density Allowances come into effect July 2024. Higher Density may be available with Variance from Town of Oliver. Servicing nearby on Sawmill Road (100 meters away by Public Road Access.) 1986 De-registered 3 bedroom 2 bath manufactured home with 2 covered patios, featuring 2 living rooms, large kitchen, breakfast nook, and large dining room. Gas Forced Air Furnace and Air Conditioning. Dead End Road Property. Exceptional amount of Storage- 52' x 12' garage workshop and 36x35 garage workshop. All outbuildings have power. Updated Electrical System to home and all buildings, completed March 2024. Unregistered Shallow Well with Jet pump. Garden Shed, amazing fruit tree collection in yard. Walk out onto the Riverfront Hike and Bike Trail from your yard. This is your opportunity to take part in the development of the community of Oliver, the Wine Capital of Canada. Clear title, no easements or non-financial charges on title. Buyer should consult civil engineering firm for lot layouts and servicing plans for future development. Lot layouts flexible based on your future plans. New 4 plex developments under permit within 100 meters of property boundaries to the South and West.


Listed by RE/MAX WINE CAPITAL REALTY


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About

Born and raised in Penticton, Paul spent his childhood summers working with his family on their Naramata orchard.

After high school, Paul tackled his first agricultural project – his own 18-acre orchard on the Naramata Bench. Paul’s passion was ignited and he has remained true to that passion, becoming a local expert in orchard and vineyard properties.

Earlier in his career, with a degree in business and a focus on marketing, he integrated another passion, riding. With the help of a good friend, Freedom Bike Shop was born. After more than a decade selling, riding and fixing bikes, Paul met amazing people with even more amazing stories of how the little shop impacted their lives. Cycling is a focal point of Paul’s life.

Paul’s is a diverse real estate agent – able to work comfortably with home buyers, talk intelligently about orchards, vineyards and wineries, and understanding the complexities of commercial real estate and business sales. He has lived it all and understands real estate from the inside out.

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