$4,900,000
Real Estate development opportunity to acquire ""The Trails"" site for 49 luxury unit multi family site in The Trails Development. Complete with conceptual drawings/plans for 3 high end 8-plex stacked buildings and 25 multi-family homes which offer sun decks, private elevators and 180 degree unobstructed lake and valley views. Significantly higher density can be achieved. The lot is located in the prestigious ""The Trails"" subdivision. Majority of roads and infrastructure in place. Other design plans permitted but subject to ""The Trails""approval. Services available, sewer, water, electricity and gas. Whether it’s exploring the vast trail systems for walking, hiking and biking, taking advantage of the nearby waterfront and beaches, golf courses or wineries, The Trails offers the perfect setting and lifestyle. Contact us today! (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. (id:42341)
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Property Details
MLS® Number 10275766 Property Type Vacant Land Neigbourhood - Glenrosa View Type Lake View, Mountain View, Valley View -
Building
Roof Style Conventional Type Other Utility Water Municipal Water -
Land
Acreage Yes Current Use Development Residential Sewer Municipal Sewage System Size Irregular 3.85 Size Total 3.85 Ac|1 - 5 Acres Size Total Text 3.85 Ac|1 - 5 Acres Zoning Type Residential -
Utilities
Electricity Available Natural Gas Available
Mark Gidden
Realtor/Founder
Lloyd Taverner
Realtor/Senior Partner
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 22 2023 02:13:47
Okanagan-Mainline Real Estate Board
RE/MAX Kelowna
