Jones
201 - 311 Main Street
Penticton, BC
Canada V2A 5B7
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
Location
About
As a REALTOR ®, Wendy's primary business priority is to maintain integrity in every single transaction she does. She takes the time to listen your specific needs while being prompt to act on your behalf. Taking an open and honest approach has been, and continues to be, her foundation. As an outdoor enthusiast, she enjoys the many activities the south Okanagan has to offer such as rock climbing, cycling, and hiking. Whether you are buying, selling, or investing, Wendy will be happy to be a part of your journey.