1115 Cactus Road | $1,388,000
Stephanie Erdt Agent Photo
Stephanie
Erdt
C. (250) 486-8734
P. (250) 494-8881
Phone Stephanie http://www.stephanieerdt.remax.ca
RE/MAX ORCHARD COUNTRY
10114 Main Street
Summerland, BC
Canada V0H 1Z0

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

Stephanie was born and raised in Summerland and brings with her an in-depth knowledge of the local market. She learned from her parents who each have over 40 years of real estate experience in Summerland and will be drawing on that knowledge, as her father, Larry Young, will be joining her as an unlicensed assistant. Stephanie looks to truly understand her client’s needs in order to assist them to the fullest. She brings with her enthusiasm, energy, and an uncompromising integrity, she understands the importance of confidentiality, privacy and trust, and will strive to make your real estate experience the best that it can be.