About This Property
Experience the ultimate blend of a sophisticated mountain sanctuary and a high-yield investment. Set on 1.12 pristine acres within the Revelstoke Mountain Resort area, this property is zoned R-LD1 (Resort Fringe). With a ten lot subdivision proposal already presented to the city—allowing for up to four dwellings per lot—this is a generational play in Canada’s top adventure destination. Residence: Modern Tudor Elegance. While you finalize development plans, enjoy a masterfully renovated 3,000+ square foot English Tudor home that balances classic charm with modern luxury: Spacious Living: three bedrooms, a versatile loft, and a finished walk-out basement. Gear Ready: Two-car garage plus a separate workshop for skis and bikes. Outdoor Oasis: Landscaped yard with a covered kitchen porch and a private hot tub overlooking the ski hill. Unrivaled Location & Future Growth. Positioned for maximum appreciation, you are steps from world-class skiing and heli-skiing. Strategic Proximity: Directly across from the planned new chairlift and resort village expansion. World-Class Amenities: Immediate access to the upcoming Cabot Pacific golf course and endless biking trails. This property is outside of the current Speculation Tax as well as the Foreign Buyer Ban. Whether you seek a private estate with massive upside or a high-density development site, this is a one-of-a-kind offering. (id:64973)
At $1,265 per square foot, this property is priced at a premium compared to the Revelstoke single-family home average of $622 per square foot, but the potential to subdivide and develop up to four dwellings per lot could make it an attractive investment opportunity for savvy real estate developers seeking to capitalize on the region's thriving resort economy. Revelstoke's reputation as a premier adventure destination makes this property an appealing option for affluent outdoor enthusiasts seeking a turnkey luxury mountain retreat with significant upside potential, particularly given the city's ongoing population growth and limited available land for new development.
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