Acreage
Wooded Area
$4,195,000
Court Ordered Sale of a large format development site above Eagle Bay in BC's popular and growing Shuswap region. Currently zoned R2, the site supports development into 2.5 acre lots with a considerable level of infrastructure and feasibility analysis already complete. The property is improved with a licensed and operational private water utility that currently services 74 homes and 30 additional lots on a neighbouring property, and has the capacity to service an estimated 80 additional residences, more than sufficient for the subject property. The water system consists of a 632,000 litre reservoir, 5 wells, and underground servicing on the existing property and neighbouring properties. The private utility has an estimated replacement cost of $2.5m. Ridge Road provides access through the property to the water reservoir. The road is gravel and is built to MOTI grade specs. This is a well located development site with a significant level of hard and soft costs already completed. Sale is by way of Court Order. (id:52386)
Property Details
|
MLS® Number
|
10396327 |
|
Property Type
|
Vacant Land |
|
Neigbourhood
|
Eagle Bay |
|
Amenities Near By
|
Golf Nearby |
|
Community Features
|
Rural Setting |
|
Road Type
|
Gravel Road |
|
View Type
|
Lake View, Mountain View, Valley View |
Building
|
Type
|
Other |
|
Utility Water
|
Private Utility |
Land
|
Acreage
|
Yes |
|
Current Use
|
Development Residential |
|
Fence Type
|
Not Fenced |
|
Land Amenities
|
Golf Nearby |
|
Landscape Features
|
Wooded Area |
|
Sewer
|
No Sewage System |
|
Size Irregular
|
157.85 |
|
Size Total
|
157.85 Ac|100+ Acres |
|
Size Total Text
|
157.85 Ac|100+ Acres |
Utilities
|
Natural Gas
|
At Lot Line |
|
Water
|
Available |
https://www.realtor.ca/real-estate/30093863/5055-ridge-road-eagle-bay-eagle-bay