5193 Ivy Road. Eagle Bay, British Columbia V0E1T0

REDUCED

$4,500,000

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  • Neighbourhood: Eagle Bay
  • HOA: N/a
  • MLS® #: 10381041
  • Year Built:

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Description

Positioned in the highly desirable Eagle Bay market, this is a rare opportunity to acquire a large-scale subdivision that is no longer conceptual—but nearing execution. The master plan outlines a thoughtfully designed community of 54 estate-sized lots avg 2.5+ acres, w/ road networks, lot layouts, and servicing strategy already eng and defined. At its advanced stage of Phase 1, infrastructure is substantially complete, w/ roads approx 75% finished and water services installed ready for connection, significantly reducing timeline and cap requirements. Final cleanup and minor works are underway to meet MOTI reqs, posturing the project for near-term subdivision approval. Eng, geotech, septic, and enviro reports complete w/ no identified issues for clear path forward. From a macro planning perspective, the layout reflects eff use of the land, w/ defined building areas, access routes, and servicing corridors already established. The plan also incl a commercially zoned parcel designated for commercial lodging, for a unique resort-style or income-generating component. The most compelling is the proximity to monetization. Approvals all but imminent, the development is geared to transition quickly into registered, marketable lots. Much of the heavy lifting and risk has already been absorbed. This offering represents a de-risked, near shovel-ready subdivision w/ scale, immediate sales potential, and long-term upside in one of the Shuswap’s most sought-after lifestyle destinations. (id:6289)

5193 Ivy Road - Subdivision Statistics

Avg. asking price $1,148,897
Price per sq. ft. $544
Median price $649,000
Number of homes for sale in Eagle Bay 41
Number of homes for sale in Eagle Bay 40
Avg. Days on Market N/A

Essential Information

  • Listing #10381041
  • Price$4,500,000
  • Bathrooms0.00
  • Acres122.00
  • TypeVacant Land
  • Sub-TypeOther

Amenities

  • FeaturesPrivate setting, Treed
  • ViewView (panoramic)

Interior

  • Interior FeaturesDrywall

Listing Details

  • Listing OfficeREMAX Kamloops

Community Information

  • Address5193 Ivy Road
  • SubdivisionEagle Bay
  • CityEagle Bay
  • ProvinceBritish Columbia
  • Postal CodeV0E1T0

Utilities

Cable, Electricity, Natural Gas, Telephone, Water

Exterior

  • Exterior FeaturesWooded area
  • Lot DescriptionPrivate setting, Treed
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Century 21 Creekside Realty
Request a showing of 5193 Ivy Road, a 0 bedroom, 0.00 bathroom Other in Eagle Bay, Eagle Bay. Built in and approximately 0 square feet in size, MLS #10381041 is currently listed for $4,500,000. To schedule a property tour, contact us at KelownaHomes.ca