AMAZING 3 ACRE DEVELOPMENT PROPERTY. This 3 acre property not in the ALR, OCP has it designated as low density residential, however, with new provincial legislation coming to allow more homes on properties, should be similar to a medium density zoning which would allow up to 48 homes on this property. This property is in a nice quiet location with new residential development all around it. The property is mostly flat with the exception of the front north east corner has a steep slope, approximately 1/2 acre. The property has nice lake and mountain views throughout. Very private but centrally located with access to all City services. Property includes a 2000 square foot, 4 bedroom 3 bathroom home with detached garage. With a shortage of housing and development property in Salmon Arm, this property has tons of opportunity to develop or have as a holding property. Call listing broker for all the details or schedule a closer look at this amazing opportunity today. (id:2493)
Data was last updated December 26, 2024 at 09:45 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$1,079,450
Min list price:
$229,000
Max list price:
$2,665,900
Avg days on market:
265
Min days on market:
23
Max days on market:
682
These statistics are generated based on the current listing's property type
and located in
SE Salmon Arm. Average values are
derived using median calculations.
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