77 acre development property located at the entrance to the Naramata Bench, on Penticton's desirable "Upper bench". Expansive lake, city and valley view's surround you as do wineries, vineyards, agricultural and estate properties. All while being a 5 minute drive away from downtown Penticton. This site is located within an area which has been identified for future urban development consistent with the City's North East Sector Plan. The property is currently zoned FG allowing for a broad mix of unique land uses including estate residential, single family residential, townhouses, condominiums units and various commercial uses. The lower section of the property could lend itself well to a vineyard and winery site. There is an abundance of different development possibilities here or build a dream home on this incredible holding property and ensure a financial legacy. A Development Feasibility Study has been done outlining the numerous opportunities this property offers. (id:2493)More details
An incredible opportunity - 72 Acre parcel with amazing views, ideal for planting wine grapes and tremendous future development potential. This property is comprised of a parcel of land that is split into four main sections of land totalling 72 acres. The property consists of sloping south west facing hillside, a year round creek flowing through it and amazing views of entire valley and lake throughout with its location on one of the highest areas in Penticton proper. Amazing views yet only 7 minutes to downtown. It is ideally placed for current use in planting & selling wine grapes with enormous future potential. The large Spiller road / Reservoir road residential neighbourhood, brought to the city by Urban Systems ends at the property line for this acreage. This means we have a property that can be planted and generate revenue in the short and medium term and is a natural extension to the neighbourhood as the city keeps expanding for the long term. (id:2493)More details
This perfect investment, holding or development property is currently in the process of being subdivided into 11 - 5-acre parcels and 25 acres of park land. One of two contiguous large tracts of lake view land in the South Okanagan still available. Absolutely breath taking 90-acre parcel mostly rolling hillside with endless views of the valley overlooking the lake and vineyards of the Naramata Bench, this incredible property is perfectly located between 169 acres of land held by a major Development Co., 300 acres of City owned park land and is adjacent to Crown land near Three Blind Mice. This spectacular 90-acre tract has another contiguous 87-acre parcel which is also available. Duplicate Listing Agriculture ~ 176940. (id:2493)More details
Data was last updated July 20, 2019 at 11:15 AM (UTC)
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