5056 & 5075 93/95 Highway, Fairmont Hot Springs
Prime 6+ acre parcel in Fairmont Hot Springs zoned R-3, offering excellent potential for multi-family or resort-style development. Ideally located just off Highway 93/95, this property benefits from great exposure while still maintaining a private, natural setting surrounded by the beauty of the Columbia Valley. R-3 zoning allows for a variety of higher-density residential options, making this a rare opportunity for developers or investors looking to build townhomes, condos, or a rental-focused project in a growing recreational market. Previously zoned Commercial, so it is definitely a possibility to rezone if interested. Positioned minutes from Fairmont Hot Springs Resort, multiple golf courses, hiking trails, and year-round outdoor activities, this location is highly desirable for both full-time residents and vacation property buyers. The proximity to Invermere and Windermere Lake further enhances its appeal. With limited development land available in the area, strong tourism demand, and increasing interest in the Columbia Valley, this property presents an excellent opportunity to secure a large parcel with flexible zoning and long-term upside. (id:62865)
Status
Active
Property Type
Vacant Land
Ownership
Freehold
Annual Tax
$8,000
Parcel Number
027-550-257
Data Source
Association of Interior REALTORS®
Lot Size
6.32 acres
Water Source
Community Water User's Utility
Sewer
Municipal sewage system
Utilities
$1,500,000
Office
Royal LePage Rockies West
Loan Amount:
$1,200,000
Estimated Monthly Payment:
$5,848
This is an estimate for informational purposes only. Consult with a financial advisor.
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