About This Property
Prime 50' x 100' residential lot located in the desirable 2nd Bench neighbourhood of Princeton. Situated in a quiet, established area above the flood plain, this property offers an excellent opportunity to build your future home. Zoned RS1 for single-family residential use, the lot features convenient rear alley access and is within walking distance to park, downtown amenities, and local services. No deadlines to develop. A great opportunity for a developer looking to build a spec home for retirees or young family... OR... a solid and affordable holding investment. (id:64973)
The $138,000 price tag for this 0.12-acre lot in Princeton's desirable 2nd Bench neighbourhood represents excellent value at $28.75 per square foot, well below the city's average of $40 per square foot for similar vacant land. This property is ideally suited for a developer or builder looking to construct a single-family home, as the RS1 zoning and lack of development deadlines provide the flexibility to create a custom residence for the local owner-occupier or investor market.
Property Details
Location
Interested in buying in Princeton?
Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Canadian Real Estate Association. Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the FVREB, REBGV or CADREB, which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver, the Fraser Valley Real Estate Board, or the Chilliwack and District Real Estate Board.