5286 Buchanan Road Peachland, British Columbia V0H1X1
$939,000
Description
BUILDERS, INVESTORS, DEVELOPERS look no further for an ideally positioned future development opportunity with rental income or personal use coverage in the interim. Gently sloped site, 180 degree Okanagan Lake views, walkable beach accesses, 30 minutes closer to Vancouver. The vision is here for a well timed acquisition in advance of the poised market recovery. This charming lakeview home with unstoppable views sits on .49 of an acre with public road access from both Buchanan Rd and Tailyour Ln. Numerous redevelopment options present themselves from 2 - 4 exclusive lakeview lots, up to 7 potential townhomes or a more comprehensive redevelopment through adjacent land acquisitions. The underused basement has the potential to add bedrooms and more rental revenue as well. Site power has been upgraded to 400 amps. (id:6770)
Overview
- Price $939,000
- MLS # 10384221
- Age 1955
- Stories 1
- Size 1471 sqft
- Bedrooms 2
- Bathrooms 2
- Carport:
- Exterior Wood siding
- Cooling Central Air Conditioning
- Appliances Refrigerator, Dishwasher, Range - Gas
- Water Municipal water
- Sewer Municipal sewage system
- Flooring Carpeted, Laminate, Linoleum
- Listing Office Stilhavn Real Estate Services
- View Lake view
- Fencing Fence
- Landscape Features Sloping, Underground sprinkler
Room Information
- Main level
- Dining room 12'2'' x 10'
- 3pc Bathroom 10'6'' x 4'11''
- Bedroom 11'7'' x 11'5''
- 3pc Ensuite bath 7'3'' x 7'2''
- Primary Bedroom 18'9'' x 11'5''
- Living room 13'6'' x 19'8''
- Kitchen 12'3'' x 15'10''