12600 Blagborne Avenue Active Save Request In-Person Tour Request Virtual Tour
Summerland,BC V0H1Z8
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,865 sqft
Price per Sqft $1,769
Subdivision Main Town
MLS Listing ID 10343960
Style Ranch
Bedrooms 3
Year Built 1910
Lot Size 6.530 Acres
Property Sub-Type Freehold
Property Description
Developers or investors! 6.5 acres of residential RU2 zoned land in the heart of Summerland. Preliminary design plan for 32 lots under existing zoning has been proposed to the municipality. Existing RU2 allows up to 4 dwellings per lot with up to 40% lot coverage and 11 m/3story height per lot indicating potential for 128 dwellings with no rezoning. City water and sanitary sewer lines are right there. 4 minute drive or 16 minute walk to downtown. Views over Summerland and mountains. Gated property includes a well-maintained 2 bed house plus a one-bedroom secondary dwelling, big workshop, 3 car garage and swimming pool. Develop now or hold for the future. Priced very realistically for raw development land. Infrastructure and soft costs estimated at $115k/lot 2 years ago. Average selling price estimated at $350k/lot today. Not within ALR (Agricultural Land Reserve). Interior of house and buildings can only be shown on a second showing. 2024 property tax based on agricultural use, which is now discontinued. Summerland includes some municipal 'levies on annual municipal property tax notice. Do not access property without appointment - bad dogs live on site. Please leave 2 business days for acceptance. (id:24570)
Location
Province BC
Zoning Residential
Rooms
Kitchen 2.0
Interior
Heating See remarks
Cooling Central air conditioning
Flooring Hardwood,Mixed Flooring
Exterior
Parking Features Yes
Garage Spaces 3.0
Garage Description 3
Fence Chain link
View Y/N Yes
View City view,Mountain view,Valley view
Roof Type Unknown
Building
Story 1
Sewer Municipal sewage system
Others
Virtual Tour https://www.dropbox.com/scl/fi/ced7 ecxxtf6dvwwhuqm1f/Blagborne-Movie. mov?rlkey=9