1115 Cactus Road | $1,388,000
Natasha Badger Prec* Agent Photo
Natasha
Badger Prec*
C. (250) 462-8733
P. (250) 492-2266
Phone Natasha www.teamgreen.ca
RE/MAX PENTICTON REALTY
302 Eckhardt Avenue West
Penticton, BC
Canada V2A 2A9

Details

%
Years (35 year max)
Years



Address 1115 Cactus Road
AreaCentral Okanagan
Sub AreaRS - Rutland South
State/ProvinceBritish Columbia
CountryCanada
Price$1,388,000
Property TypeSingle Family - Detached
Bedrooms3
Bathrooms2
Half Baths0
Floor Space2448 Square Feet
Lot Size0.46 Acres
WaterfrontNo
Year Built1968
Taxes $5,147
Tax Year2024
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

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About

Natasha is a distinguished alumna of the University of Victoria, holding a Bachelor of Commerce Degree. With over a decade of invaluable expertise in the financial sector and seven years dedicated to real estate, Natasha stands as a seasoned professional. Natasha has excelled working within a team of realtors that values her keen eye for detail and adept handling of diverse portfolios in every transactional phase. Her robust foundation in commerce, financial services, and real estate make her a valued member of the team.