**Development opportunity** This R5 zoned High Density Residential lot is centrally located and offers stunning views of the city and Shuswap Lake. The property comes with prior approvals and plans in place for a 3-storey, 22-unit residential building. Previously held development permits streamline the path to construction, making this an ideal project for investors or developers looking to meet the growing housing demand in this vibrant community. Less than a one-minute drive to the hospital and less than five minutes to the waterfront and famous Salmon Arm Wharf. Offered at $659,000, this is a rare chance to secure a prime piece of real estate in one of BC’s most desirable communities. (id:2493)
Data was last updated May 9, 2025 at 11:15 PM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$249,900
Min list price:
$235,000
Max list price:
$7,750,000
Avg days on market:
317
Min days on market:
2
Max days on market:
605
These statistics are generated based on the current listing's property type
and located in
NE Salmon Arm. Average values are
derived using median calculations.
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