6137 & 6147 Lipsett Avenue

For Sale | Development Land | ± 76,230 SQFT | $2,500,000
Overview

Highly Coveted Development Townhome or Single-Family Lot Development Site

Amazing 1.75 acre townhome site located in Peachland, BC. The site features breathtaking views over Okanagan Lake and is easily accessible from Highway 97. The site recently received approval for RM4 Multi-Units Residential zoning (Medium Density) and is ready for development. Zoning allows for up to a 34 unit townhome development. All city utilities are available at the property line, ensuring a smooth and quick development process. A data room is available upon receiving a signed NDA.

Option 1: Townhome Site

Develop up to 34 units.

Option 2: Single Family Lot Subdivision

Down zone the property and deliver 15 single family lots offering incredible lake views. Lot widths of 35 feet.

Details
Status

For Sale

Address

6137 & 6147 Lipsett Avenue, Peachland,
Canada

Size

± 76,230 SQFT

Type

Development Land

Price

$2,500,000

PID

032-332-700

Zoning

RM4 Multi-Unit Residential – Medium Density

Legal Description

LOT 1 & 2 BLOCK 14 DISTRICT LOT 1183 OSOYOOS DIVISION YALE DISTRICT PLAN 792

Location

The property is located on the hills of Peachland along Lipset Avenue. It is easily accessible off of two nearby exits on Highway 97 and within a 10 minute drive to all essential amenities such as groceries, gas, restaurants, and more.


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Jeff Hancock
Jeff Hancock

Personal Real Estate Corporation

Partner | Commercial Sales & Leasing

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This communication is not intended to cause or induce breach of an existing agency agreement. E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.