4641 Princeton Avenue. Peachland, British Columbia V0H1X7

$4,090,000

Mortgage Calculator

Down Payment: Monthly Payment:
  • Neighbourhood: Peachland
  • HOA: N/a
  • MLS® #: 10339316
  • Year Built:

Schedule a Tour

Wednesday
18
Feb
Thursday
19
Feb
Friday
20
Feb
Saturday
21
Feb
Sunday
22
Feb
Monday
23
Feb
Tuesday
24
Feb
Wednesday
25
Feb
Thursday
26
Feb
Friday
27
Feb
Saturday
28
Feb
Sunday
1
Mar
Monday
2
Mar

Take a tour with a buyer's agent

Request this time
It's free, with no obligation - cancel any time.

Description

Prime Development Opportunity – Panoramic Okanagan Lake Views This 2.65-acre medium-density zoned property offers an exceptional opportunity for development in Peachland. Situated just above Okanagan Lake along Princeton Avenue, an active transportation corridor, the site is perfectly positioned for a high-quality multi-family project. Zoned RM4, the property has the potential for 46 townhomes and comes with a shovel-ready Development Permit package. The package includes a professionally engineered grading plan designed to minimize soil fill and retaining walls, along with completed geotechnical, hydrogeological, and traffic studies. A full architectural plan has been developed, featuring four terraced building areas to ensure every home enjoys breathtaking lake views. Significant financial contributions have already been made, including $90K in Community Amenity Contributions and $94K toward transportation and transit improvements, both paid to the District. Additionally, the project is eligible for approximately $130K in road improvement DCC credits, subject to District Engineering confirmation. With seller financing available and flexible closing terms, this is a rare opportunity to secure a turnkey, development-ready site in one of the Okanagan’s most sought-after locations. Serious inquiries only – full documentation and professional reports available upon request. (id:6289)

4641 Princeton Avenue - Subdivision Statistics

Avg. asking price $1,713,678
Price per sq. ft. $683
Median price $964,900
Number of homes for sale in Peachland 107
Number of homes for sale in Peachland 107
Avg. Days on Market N/A

Essential Information

  • Listing #10339316
  • Price$4,090,000
  • Bathrooms0.00
  • Acres2.65
  • TypeVacant Land
  • Sub-TypeOther

Amenities

  • ViewLake view, Mountain view
  • Is WaterfrontYes
  • WaterfrontOther

Interior

  • Interior FeaturesDrywall

Community Information

  • Address4641 Princeton Avenue
  • SubdivisionPeachland
  • CityPeachland
  • ProvinceBritish Columbia
  • Postal CodeV0H1X7

Utilities

Cable, Electricity, Natural Gas, Telephone, Water

REALTOR.ca logo

Similar Properties to MLS® #10339316

5918 Ehlers Road, Peachland, , V0H1X4

  • 2.50 Acres

Vacant Land

Peachland, British Columbia

For More Information, Please Click Brochure Button. Exclusive Peachland Opportunity – 2.5 Acres With Panoramic Okanagan Lake Views. Elevated Position With A Private Treed Setting. Unobstructed, Sweeping Okanagan Lake Vistas That Capture Th For More Information, Please Click Brochure Button. Exclusive Peachland Opportunity – 2.5 Acres With Panoramic Okanagan Lake Views. Elevate ...(more)

Easy List Realty

5265 Buchanan Avenue, Peachland, , v0h1x0

  • 0.76 Acres

Vacant Land

Peachland, British Columbia

: Enjoy The Ultimate Lakefront Lifestyle With This Stunning Lakefront Lot In The Heart Of Peachland. This Rare Flat .76 Acre Lot Offer 103 Feet Of Pristine Okanagan Lake Frontage. Delivering Breath Taking Views And Unbeatable Access To One : Enjoy The Ultimate Lakefront Lifestyle With This Stunning Lakefront Lot In The Heart Of Peachland. This Rare Flat .76 Acre Lot Offer 103 F ...(more)

Royal LePage Kelowna
Request a showing of 4641 Princeton Avenue, a 0 bedroom, 0.00 bathroom Other in Peachland, Peachland. Built in and approximately 0 square feet in size, MLS #10339316 is currently listed for $4,090,000. To schedule a property tour, contact us at KelownaHomes.ca