Crocker
484 Main Street
Penticton, BC
Canada V2A 5C5
Details
Address | 1115 Cactus Road |
Area | Central Okanagan |
Sub Area | RS - Rutland South |
State/Province | British Columbia |
Country | Canada |
Price | $1,388,000 |
Property Type | Single Family - Detached |
Bedrooms | 3 |
Bathrooms | 2 |
Half Baths | 0 |
Floor Space | 2448 Square Feet |
Lot Size | 0.46 Acres |
Waterfront | No |
Year Built | 1968 |
Taxes | $5,147 |
Tax Year | 2024 |
MLS® # | 10326330 |
This incredible property offers a rare development opportunity, having recently been rezoned from MF1 to MF2, making it ideal for constructing 3-storey townhomes. The seller has multiple site analysis plans and renderings available, showcasing conceptual options for a 7, 8, or even 10-townhome development, with each unit designed at approximately 2,000 square feet. Tucked away from throughway traffic, the property enjoys the tranquility of a peaceful neighborhood while offering convenient walking access to Springfield Road. Whether you're a developer seeking your next project or an investor looking for a property with significant upside, this location strikes the perfect balance between privacy and accessibility. This is an unparalleled opportunity to develop a centrally located site with multiple options to fit your investment strategy. Don't miss out on the chance to create something truly remarkable in this growing area!
Listed by ENGEL & VOLKERS OKANAGAN