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Home BC Greater Kelowna Peachland
6488 Renfrew Road
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6488 Renfrew Road $1,648,000
7 days ago
$1,648,000
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6488 Renfrew Road
Peachland, British Columbia V0H1X7

MLS® Number: 10376207

Listing Description

Set on a bench above Okanagan Lake in Peachland, this exceptional 2.27 acre (98,881 sq ft) property offers unobstructed lake views stretching from Kelowna to Naramata. OUTSTANDING DEVELOPMENT POTENTIAL. A portion of the land extends below Renfrew Road and, while not eligible for development, permanently secures & protects the view corridor above Okanagan Lake — a rare and valuable feature. Recently REZONED RM2, the site allows for up to 4 doors per subdivided lot with the potential for 4 lots. Access is located along Renfrew Road on the south side of the property. The parcel is fully serviced with existing water, electricity, and sewer. Urban Systems has confirmed current servicing capacity supports up to 16 doors. RM2 zone facilitates medium-density, small-scale multi-unit housing (SSMUH) on serviced urban lots 800 m (0.2 ac) or larger. Three registered covenants on title, including provisions related to the creek along the north boundary, road allowance along Renfrew Road, & an existing sewer line along Renfrew Road allowing for gravity-fed servicing. An original 1960s home currently sits on the property providing holding income while development plans are finalized. Prime location just 4 minutes to downtown Peachland, 7 minutes to the Peachland Yacht Club, 20 minutes to West Kelowna, 30 minutes to Penticton, and approx 3.5 hours to Lower Mainland. A compelling opportunity to secure prime land with protected Okanagan Lake views and multi-family zoning already in place! (39759119)

Property Summary

Property Type
Vacant Land
Building Type
Other
Neighbourhood Name
Peachland
Title
Freehold
Land Size
2.27 ac|1 - 5 acres
Annual Property Taxes
$4,529.89
Time on REALTOR.ca
7 days

Price and Sale History

Date Status Price
Nov 26, 2021 Sale Closed $1,325,000

Building

Utilities
Utility Type
Electricity (Available), Natural Gas (Available), Sewer (Available), Water (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water

Land

Lot Features
Present Use
Development residential
Road Type
Paved road
View
Lake view, Mountain view, Valley view, View of water, View (panoramic)
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