Grewal
104 - 399 Main Street
Penticton, BC
Canada V2A 5B7
Details
Address | 3387 Clement Road |
Area | Central Okanagan |
Sub Area | LE - Lake Country East / Oyama |
State/Province | British Columbia |
Country | Canada |
Price | $2,200,000 |
Property Type | Single Family - Detached |
Bedrooms | 2 |
Bathrooms | 1 |
Half Baths | 0 |
Floor Space | 1740 Square Feet |
Lot Size | 0.49 Acres |
Waterfront | Yes |
Year Built | 1967 |
Taxes | $4,181 |
Tax Year | 2023 |
MLS® # | 10319935 |
0.49 acres of flat land, right across the road from the water in the growing community of Lake Country. With the Official Community Plan (OCP) supporting high-density residential development and connections to sewer and water available, this is a prime development opportunity. The property is immediately adjacent to Beasley Park, offering 23.716 acres with seamless lakeshore access. The District of Lake Country has purchased more lands in the area to further expand their parklands, offering even further upside for amenities. Other amenities include commercial developments, the rail-trail, and tennis courts all in a reasonable walking distance. This could be a great opportunity for a townhome development, or potentially a boutique condo development. There is a small home on the property (as-is where-is) to provide rental income prior to development.
Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA
Location
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.