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1402 / 1404 Inkar Road | $2,299,900
John Green* Agent Photo
John
Green*
C. (250) 486-5353
 P. (250) 492-2266
 Phone John http://www.teamgreen.ca
RE/MAX PENTICTON REALTY
302 Eckhardt Avenue West
 Penticton, BC
 Canada V2A 2A9

Details

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Address 1402 / 1404 Inkar Road
AreaCentral Okanagan
Sub AreaSFS - Springfield/Spall
State/ProvinceBritish Columbia
CountryCanada
Price$2,299,900
Property TypeSingle Family - Detached
Bedrooms5
Bathrooms3
Half Baths0
Floor Space1435 Square Feet
Lot Size0.41 Acres
WaterfrontNo
Year Built1969
Taxes $7,878
Tax Year2024
MLS® #10321955

HUGE VALUE IN THE LAND, OFFERED AT OVER $750,000 UNDER ASSESSED VALUE. Development Opportunity offered at under $130 per sq ft for land. This location in the Capri-Landmark neighbourhood is near Gordon Drive, and Springfield Road. This area is an employment hub and an opportunity for development. The blueprint for the Capri-Landmark Urban Centre Plan includes: 1. Strategic Redevelopment: guidelines include the placement of parks, public spaces & a vibrant urban centre. 2. High-Density Living: Capri-Landmark is poised to evolve from predominantly single-family residences to a high-density housing hub. Imagine modern apartments, bustling commercial spaces & improved transportation networks converging in one dynamic locale. This lot may be able to accommodate 10 units X 3 bedrooms with rooftop patios, according to IH Design (see attached, buyer to do own due diligence). Immense potential here! BC Assessment Value for 1402 Inkar Rd: $1,772,000; for 1404 Inkar: $1,291,000. Total is $3,063,000, list price is WAY under assessed value. Ask for our construction quote available from Vision 1 Steel Corporation for pre-fab build costs of approx $165 per sq ft.

Listed by COLDWELL BANKER HORIZON REALTY

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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About

John Green, Founder of Green Real Estate Group, has been passionately working as an agent for over 15 years under the principle of “not your typical REALTOR®.”  The team is one of the most successful in the South Okanagan.  John is most proud of the personal attention and care every client receives. The “clients before commissions” philosophy has grown the business faster than he could ever have imagined.  His entrepreneurial side has led him to build several multi-family projects, rezone and subdivide properties for himself and clients, and market and sell Penticton’s largest subdivision to date.  John and his team’s attention to detail and passion have helped them receive numerous awards for their work in the residential market including the honour of the #1 Commercial Real Estate Team in the South Okanagan for the past 3 years running.

John’s previous adventures working on a commercial fishing boat in Alaska and working in cinematography on Hollywood’s biggest films has prepared him to guide his clients with all their endeavours. Purchasing and selling homes is far more than bricks and mortar, it’s about people and their life goals. 

John is married to an incredible and patient woman.  Their 2 girls keep him busy and proud.  Coaching his girl’s fastball and volleyball has hurt his golf game immensely; however, he said, “It’s worth it!”

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