1557 Nichol Road, Revelstoke
Rare one-acre parcel within city limits offering exceptional development and densification potential in a highly desirable Revelstoke location. Properties of this size, zoning flexibility, and proximity to amenities are increasingly scarce, making this a compelling opportunity for developers, investors, or owner-builders looking to unlock long-term value (buyer to verify subdivision, zoning, and density potential). The property features a nearly 3,000 sq. ft. executive-style residence, providing immediate holding value or owner occupancy while planning future development. The existing home is very well built and includes in-floor heating, three fireplaces, multiple living areas, and nice features such as a private sauna and outdoor hot tub—ideal for interim rental, personal use, or redevelopment phasing. The large, level yard offers excellent usability and layout potential, well-suited for additional legal dwellings, accessory buildings, or future subdivision, subject to municipal approvals. With ample frontage, strong access, a great driveway, and surrounding infrastructure already in place, the site presents a flexible canvas for a range of residential development strategies. A substantial workshop with a functioning hoist adds further utility and value, supporting construction staging, storage, and extensive on-site parking easily accommodates vehicles, equipment, and trades during development. Strategically located just minutes from schools, Mackenzie Village amenities, Revelstoke Mountain Resort, and the future golf course, this property combines land size, location, and versatility—a rare development opportunity in a market with ongoing demand and limited supply. (id:62865)
Status
Active
Year Built
1973
Property Type
House
Ownership
Freehold
Parking Spaces
8
Annual Tax
$5,581
Parcel Number
013-229-192
Data Source
Association of Interior REALTORS®
Bedrooms
4
Bathrooms
3
Living Area
2972 square feet
Architectural Style
Ranch
Basement
Full
Flooring
Fireplace Features
Appliances
Lot Size
1.0 acres
Fencing
Not fenced
View
Mountain view
Lot Features
Community Features
Roof
Asphalt shingle,Unknown
Heating
Electric, See remarks
Water Source
Municipal water
Sewer
Septic tank
$1,599,999
Office
RE/MAX Revelstoke Realty
Loan Amount:
$1,279,999
Estimated Monthly Payment:
$6,238
This is an estimate for informational purposes only. Consult with a financial advisor.
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