Real estate development opportunity. This stunning 3.42 acre site offers a complete package for multi family development with conceptual drawings/plans available and zoning in place. This site can achieve significant density with a maximum of 111 units based on 1000 sqft per unit. Additional examples are - 74 units @ 1500 sqft per unit or 55 units @ 2000 sqft per unit. Majority of the roads and infrastructure are in place providing a streamlined development process. All services are available. Whether you enjoy exploring the nearly trail systems for walking, hiking, biking or taking advantage of the nearly waterfront and beaches golf courses or wineries. The Trails Development offers the perfect setting and lifestyle. Other design can be submitted with The Trails approval (PLEASE NOTE: “higher density is achievable for this site”) Capital costs invested to date include infrastructure to access both properties to the lot line, material removal , civil work including storm, water, sewer & shallow utilities to the lot line, design costs, development permit costs, Park development and fencing, roundabout traffic circle and improvements to Glenrosa Road are off site costs that have also been completed. The work accomplished to date accelerates your development process. This Master Planned Community will consist of 109 single family home sites and 2 Multi family sites. DP is in Place. (id:2493)
Property Type:
Vacant Land
Common Interest:
Freehold
Transaction Type:
For sale
Zoning:
Residential
Ownership Type:
Freehold
Taxes:
$0 /
-
Community:
Glenrosa
Amenities:
Public Transit, Park, Recreation, Schools, Shopping
Data was last updated October 31, 2024 at 02:15 AM (UTC)
Area Statistics
Listings on market:
72
Avg list price:
$419,900
Min list price:
$189,000
Max list price:
$8,000,000
Avg days on market:
239
Min days on market:
92
Max days on market:
526
These statistics are generated based on the current listing's property type
and located in
West Kelowna. Average values are
derived using median calculations.
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