BCHomez.com Logo

BCHomez.com

Favorites

5286 Buchanan Road, Peachland

MLS® #10384221
About this Property

BUILDERS, INVESTORS, DEVELOPERS look no further for an ideally positioned future development opportunity with rental income or personal use coverage in the interim. Gently sloped site, 180 degree Okanagan Lake views, walkable beach accesses, 30 minutes closer to Vancouver. The vision is here for a well timed acquisition in advance of the poised market recovery. This charming lakeview home with unstoppable views sits on .49 of an acre with public road access from both Buchanan Rd and Tailyour Ln. Numerous redevelopment options present themselves from 2 - 4 exclusive lakeview lots, up to 7 potential townhomes or a more comprehensive redevelopment through adjacent land acquisitions. The underused basement has the potential to add bedrooms and more rental revenue as well. Site power has been upgraded to 400 amps. (id:62865)

Property Information

Status

Active

Year Built

1955

Property Type

House

Ownership

Freehold

Parking Spaces

8

Annual Tax

$4,488

Parcel Number

008-526-133

Data Source

Association of Interior REALTORS®

Interior Details

Bedrooms

2

Bathrooms

2

Living Area

1471 square feet

Architectural Style

Ranch

Basement

Partial

Flooring

LaminateCarpetedLinoleum

Fireplace Features

GasUnknown

Appliances

RefrigeratorRange - GasDishwasher
Exterior & Lot

Lot Size

0.49 acres

Frontage

132.0 feet

Fencing

Fence

View

Lake view

Lot Features

Corner SiteSlopingJacuzzi bath-tubOne Balcony

Exterior Features

Wood siding
Building & Utilities

Foundation

Block

Roof

Asphalt shingle,Tar & gravel,Unknown

Heating

Baseboard heaters, Forced air, Electric, See remarks

Cooling

Central air conditioning

Water Source

Municipal water

Sewer

Municipal sewage system

$939,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
2Beds
2Baths
1471sqft
Listing Courtesy of

Office

Stilhavn Real Estate Services

Mortgage Calculator
$187,800

Loan Amount:

$751,200

Estimated Monthly Payment:

$3,661

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