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5060 Hot Springs Road, Fairmont Hot Springs

MLS® #10387036
About this Property

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)

Property Information

Status

Active

Property Type

Vacant Land

Ownership

Freehold

Annual Tax

$5,318

Parcel Number

031-657-494

Data Source

Association of Interior REALTORS®

Exterior & Lot

Lot Size

9.88 acres

Building & Utilities

Water Source

Private Utility

Sewer

Municipal sewage system

Utilities

WaterSewer

$3,800,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
Mortgage Calculator
$760,000

Loan Amount:

$3,040,000

Estimated Monthly Payment:

$14,814

This is an estimate for informational purposes only. Consult with a financial advisor.