850 Wiltse Boulevard | $27,000,000
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Fair Realty
191 Baker Street
Nelson, BC
Canada V1L 4H1

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Address 850 Wiltse Boulevard
AreaSouth Okanagan
Sub AreaPE - Wiltse/Valleyview
State/ProvinceBritish Columbia
CountryCanada
Price$27,000,000
Property TypeResidential Development
Lot Size316.50 Acres
WaterfrontNo
Taxes $34,186
Tax Year2023
MLS® #10318557

Opportunity to purchase 317 acres of development land in Penticton, with stunning lake views and flat building benches. This is the largest remaining subdivision in the city for development! Stunning views of both Skaha Lake and Lake Okanagan. Freehold land (not leasehold). Projected density of +/- 800 homes on lower level, with potential for more. Zoning bylaws now allow 3-6 units on each single-family lot. 125 acres +/- for future growth (50-100 estate lots). 51.4% of the land (39.8 HA) is dedicated to Parks/Conservation Area. Grading plans, engineering reports/cost estimates available with signed NDA. Priced at $33,750/unit, with 125 acres as an additional long term hold.


Listed by UNISON HM COMMERCIAL REALTY


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Data Source: Statistics Canada
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