11
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$4,195,000
Est. payment /mo
157.85 Acres Lot
Active
5055 Ridge Road Eagle Bay, BC V0E1T0
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Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Eagle Bay
MLS® Listing ID 10396327
Lot Size 157.850 Acres
Acres 157.85
Property Sub-Type Freehold
Property Description
Court Ordered Sale of a large format development site above Eagle Bay in BC's popular and growing Shuswap region. Currently zoned R2, the site supports development into 2.5 acre lots with a considerable level of infrastructure and feasibility analysis already complete. The property is improved with a licensed and operational private water utility that currently services 74 homes and 30 additional lots on a neighbouring property, and has the capacity to service an estimated 80 additional residences, more than sufficient for the subject property. The water system consists of a 632,000 litre reservoir, 5 wells, and underground servicing on the existing property and neighbouring properties. The private utility has an estimated replacement cost of $2.5m. Ridge Road provides access through the property to the water reservoir. The road is gravel and is built to MOTI grade specs. This is a well located development site with a significant level of hard and soft costs already completed. Sale is by way of Court Order. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
Fence Not fenced
Community Features Rural Setting
View Y/N Yes
View Lake view, Mountain view, Valley view
Attached Garage No
Garage No
Private Pool No
Building
Lot Description Wooded area
Sewer No sewage system
Others
Ownership Freehold
Listed by Colliers
Nearby Locations