1348 Cedar Street, Kaleden/Okanagan Falls, British Columbia V0H1R0
Listing courtesy of eXp Realty.
- $1,950,000
- 1
- BD
- 1
- BA
- 1,267
- SqFt
- List Price
- $1,950,000
- Price Change
- ▼ $225,000 1782434803
- MLS®
- 10354184
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area
- 1,267
- Lot Size Dimensions
- 3.92
- Lot Size
- 170,755
- Subdivision
- Okanagan Falls
Property Description
Strategic 3.92-acre development opportunity in the core of Okanagan Falls. Designated Medium Density Residential (MR) in the Official Community Plan, this site is well-positioned for future multi-family development, with established strata communities on both sides supporting continued residential growth. The property is predominantly flat and extends from Cedar Street through to the river, offering a practical and efficient layout for site planning. With existing access, nearby services, and surrounding density already in place, this parcel presents a compelling opportunity for developers seeking a viable project in an emerging market. The size and configuration may lend itself to a phased approach, allowing flexibility in planning and execution. A 1,250 sq ft, 2-bedroom, 1-bath home currently occupies the property and may provide holding income during the planning and approval process. Located just south of Penticton at the base of Skaha Lake, Okanagan Falls continues to see interest from buyers seeking more attainable housing options within the South Okanagan. Buyer to verify all development potential, servicing, and zoning requirements with the appropriate authorities. Viewing by appointment only. (id:5764)
Additional Information
- Ownership
- Freehold
- Subdivision
- Okanagan Falls
- Country
- Canada
- Sewer
- Municipal sewage system
- Community Features
- Family Oriented
- Heating
- See remarks
- Lot Features
- Level lot
- Architectural Style
- Ranch
- Stories
- 2
- Lot Size
- 170,755
- Waterfront
- Yes
