2680 CEDAR RIDGE Street Unit# Proposed Phase 2 Lot# 1 & 2, Lumby
LAND ASSEMBLY – DEVELOPMENT OPPORTUNITY. Phase 2, Lots 1 and 2 of the Suntower subdivision are now offered as a combined land assembly, presenting an exceptional opportunity for builders, investors, or long-term landholders. Both lots will be delivered with paved road access and full extended city service connections to the lot line, including 400-amp power, municipal water, storm, and sewer, creating a ready-to-build environment. Zoned R7 (Low-Density Residential/RV) within the Regional District of North Okanagan, the site supports single-family, two-family, and secondary-suite development, with a maximum 35% lot coverage and up to 2 storey's (10 m height limit) . Lot 2 also includes a beautifully maintained 4,156 sq. ft. log home built in 2004, featuring two primary bedrooms with ensuites, a main three-piece bath, and three generous loft-level bonus rooms. Grand vaulted ceilings the in the main living area. The main floor offers durable tile throughout with efficient in-floor heating powered by a pellet stove, plus a secondary electric option. Both the home and detached garage are finished with long-lasting clay tile roofing (30–80 year lifespan). The property also includes an attached double garage, total covered parking for up to five vehicles. This assembly provides strong holding value—ideal for renting out the existing home to offset carrying costs—while preparing for future redevelopment aligned with the growth and demand of the Suntower subdivision (id:62865)
Status
Active
Year Built
2004
Property Type
House
Ownership
Freehold
Parking Spaces
15
Parcel Number
004-228-855
Data Source
Association of Interior REALTORS®
Bedrooms
2
Bathrooms
3
Living Area
4156 square feet
Architectural Style
Log house/cabin
Flooring
Fireplace Features
Lot Size
1.2 acres
Frontage
442.0 feet
Waterfront
Waterfront nearby
View
Mountain view, Valley view
Lot Features
Community Features
Roof
Tile,Unknown
Heating
Electric, Other
Water Source
Well
Utilities
$1,500,000
Office
Coldwell Banker Executives Realty
Loan Amount:
$1,200,000
Estimated Monthly Payment:
$5,848
This is an estimate for informational purposes only. Consult with a financial advisor.
Similar Listings

$1,499,000
20 Valeview Road
Lumby
House

$1,529,000
3546 MABEL LAKE Road
Lumby
House

$1,450,000
40 Gibson Road
Lumby
House

$1,575,000
39 Ladyslipper Road
Lumby
House