Detached House for sale in Summerland, British Columbia. Listed at $1,275,000.
4 bedrooms · 2 bathrooms · 2003 sq ft · Built in 1955
MLS® 10405445
Prime development opportunity at 13014 Hwy 97, Summerland! This 0.79 Acre highway-fronting parcel offers excellent visibility and is ideally located next to a thriving retail hub including IGA, Dairy Queen, Summerland Liquor, RBC Bank, Dollarama and more! The property features an older but well-maintained home and detached workshop/garage in good condition, making it an excellent holding property while future development plans are finalized. Currently zoned RU2, the lot presents strong potential for multi-family housing development. Adding to its appeal, the OCP designation for this parcel is Gateway Commercial — the same designation as the neighbouring IGA — significantly increasing the likelihood of successful rezoning to a commercial classification such as CB1, CB2, or MX1. This parcel is well-positioned for rezoning approval given its alignment with the municipality's future land-use vision and its proximity to existing commercial zoning. Whether pursuing multi-family residential construction under current zoning or exploring commercial redevelopment down the road, this is a rare opportunity to secure a strategic, income-producing property with multiple paths to maximize long-term value in growing Summerland! (id:27495)
Listing courtesy of RE/MAX Orchard Country · Mike Stohler
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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