Vacant Land

5060 Hot Springs Road

Fairmont/Columbia Lake, Fairmont Hot Springs, BC

MLS® 10387036 · 116 days on market

$3,800,000

9.9 acres

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Description

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:63159)

Property Details

Property & Lot

Sub-type
Other
Lot size
9.9 acres
Title
Freehold

Building & Utilities

Water source
Private Utility
Sewer
Municipal sewage system
Utilities
Water, Sewer
Parcel ID (PID)
031-657-494
Annual property tax
$5,317.87
Brokerage
eXp Realty

Location Insights

Weather

Nearest station: Invermere

Today

23°

Tonight

11°

Thursday

20°

Thursday night

Friday

20°

Friday night

Source: Environment and Climate Change Canada.

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