Hudson Prec*
201 - 311 Main Street
Penticton, BC
Canada V2A 5B7
Details
Address | 1402 / 1404 Inkar Road |
Area | Central Okanagan |
Sub Area | SFS - Springfield/Spall |
State/Province | British Columbia |
Country | Canada |
Price | $2,299,900 |
Property Type | Single Family - Detached |
Bedrooms | 5 |
Bathrooms | 3 |
Half Baths | 0 |
Floor Space | 1435 Square Feet |
Lot Size | 0.41 Acres |
Waterfront | No |
Year Built | 1969 |
Taxes | $7,878 |
Tax Year | 2024 |
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
Location
About
MICAH HUDSON | ||
Micah is a full-time, professional real estate negotiator who helps home buyers and sellers make the best financial and lifestyle investment possible. As a research specialist of over 15 years, her data-informed approach helps people make these significant decisions with confidence and clarity. As a resident of the Okanagan for over 10 years she is well informed about both risks and opportunities in this region. Buying or selling a home is a very personal, often emotional decision. As a wife and mother of four, Micah has learned patience, perseverance, understanding and great communication; these are the essential qualities she exercises in every relationship. Micah has always been an entrepreneur with a love for business; in 2011 she co-founded an insulation company which experiencing tremendous growth year after year. She remains personally involved in the venture which continues to thrive in the Okanagan’s booming construction industry. Don’t leave your real estate transaction to chance: call Micah Hudson and get her experience and skill working for you! |