About This Property
A rare and exciting opportunity to acquire two lots in the highly sought-after Lower Summerland area—directly across from Okanagan Lake and a municipal beach park, and just a short walk to the Summerland Waterfront Resort and Hotel. This prime, level property with additional access off an alley offers a range of development options, with zoning in place to accommodate one or two single-family homes, or a duplex, each with the option for a separate legal suite. Significant time and investment have already been made by the current owners to obtain zoning approvals and remove the previous home from the site. Conceptual renderings for 2 styles of duplexes are included in the listing photos, and a detailed information package is available upon request. (id:64973)
At $850,000 for a 0.13-acre vacant lot, the price per square foot of $150 is slightly above the Summerland average, but the property's prime lakefront location and flexible zoning make it a competitive offering. This lot is best suited for developers or families looking to build their dream home, with the opportunity to add a secondary suite for rental income.
Property Details
Location
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