About This Property
Panoramic Okanagan Lakeview Development Site. Stunning 5.14 acres located in Peachland, with the Development concept subject to District of Peachland approval. Current zoning is RM3- Residential Medium Density. All utilities close or adjacent to the property including sewer. Very close to the new proposed 9 hole golf course at Ponderosa. (Proposed opening Fall 2026). Located above Eagle's View townhome development, the original plan was 3 buildings 3 stories, 16 units per building. (48 units) New planned road between Ponderosa Drive over to Victoria Road per the Ponderosa development plan with the district of Peachland will help with traffic in the area. Call listing Realtor for details. (id:64973)
The $1,900,000 asking price for this 5.14-acre Peachland development site equates to approximately $370 per square foot, which is on the higher end for the Peachland market but justified by the property's panoramic Okanagan Lakeview and proximity to the proposed new golf course. This property is best suited for experienced real estate developers with the expertise and resources to navigate the approval process and capitalize on the site's medium-density residential zoning.
Property Details
Location
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