5060 Hot Springs Road, Fairmont Hot Springs
9.88 acres of dream development property in sunny Fairmont Hot Springs (South Eastern BC)- near the famous natural hot springs, Lake Windermere, Columbia Lake, Invermere, and Panorama. Approximately 1 hour from Cranbrook and 1.5 hours from Banff/Canmore, this is an incredible area with a lot of untapped potential. The site has stunning views, situated along the length of the 18th fairway of the iconic Mountainside Golf Course. Water, sewer, and hydro services have been installed to the centre of the property. Zoned RES-3 Resort Lodging with a maximum density of 60 units per hectare, there is potential to develop over 200 units! With no development cost charges and almost no offsite servicing costs, the land and development cost per unit is unbelievably low. Bring your dreams and your vision, and create something truly special. (id:62865)
Status
Active
Property Type
Vacant Land
Ownership
Freehold
Annual Tax
$5,318
Parcel Number
031-657-494
Data Source
Association of Interior REALTORS®
Lot Size
9.88 acres
Water Source
Private Utility
Sewer
Municipal sewage system
Utilities
$3,800,000
Loan Amount:
$3,040,000
Estimated Monthly Payment:
$14,814
This is an estimate for informational purposes only. Consult with a financial advisor.
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