Vacant Land
6488 Renfrew Road
Peachland, BC
MLS® 10386173 · 126 days on market
$1,345,000
2.3 acres
Description
Set on a bench above Okanagan Lake in Peachland, this exceptional 2.27 acre (98,881 sq ft) property offers unobstructed lake views stretching from Kelowna to Naramata. OUTSTANDING DEVELOPMENT POTENTIAL. A portion of the land extends below Renfrew Road and, while not eligible for development, permanently secures & protects the view corridor above Okanagan Lake — a rare and valuable feature. Recently REZONED RM2, the site allows for up to 4 doors per subdivided lot with the potential for 4 lots. Access is located along Renfrew Road on the south side of the property. The parcel is fully serviced with existing water, electricity, and sewer. Urban Systems has confirmed current servicing capacity supports up to 16 doors. RM2 zone facilitates medium-density, small-scale multi-unit housing (SSMUH) on serviced urban lots 800 m (0.2 ac) or larger. Three registered covenants on title, including provisions related to the creek along the north boundary, road allowance along Renfrew Road, & an existing sewer line along Renfrew Road allowing for gravity-fed servicing. An original 1960s home currently sits on the property providing holding income while development plans are finalized. Prime location just 4 minutes to downtown Peachland, 7 minutes to the Peachland Yacht Club, 20 minutes to West Kelowna, 30 minutes to Penticton, and approx 3.5 hours to Lower Mainland. A compelling opportunity to secure prime land with protected Okanagan Lake views and multi-family zoning already in place! (id:63159)
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 2.3 acres
- Title
- Freehold
Exterior & Land
- View
- Lake view, Mountain view, Valley view, View of water, View (panoramic)
Building & Utilities
- Water source
- Municipal water
- Sewer
- Municipal sewage system
- Utilities
- Water, Sewer, Natural Gas, Electricity
- Parcel ID (PID)
- 009-512-021
- Annual property tax
- $5,229.76
- Brokerage
- Stilhavn Real Estate Services
Location Insights
Population
5,789
(2021 Census)
+6.7% since 2016
- Density
- 359.6/km²
- Dwellings
- 2,936
- Median household income
- $81,000
- After-tax
- $72,500
- Immigrant population
- 15.8%
Top countries of origin
- United Kingdom5.7% · 330
- Germany2.3% · 135
- United States of America1.6% · 90
- Netherlands0.8% · 45
- Korea, South0.3% · 20
- Viet Nam0.3% · 20
- Italy0.3% · 15
- China0.3% · 15
Source: Statistics Canada, 2021 Census of Population.
Weather
Nearest station: Summerland
25°C
—
Humidity 36%
Wind ESE 18 km/h
Today
27°
Tonight
15°
Thursday
23°
Thursday night
7°
Friday
21°
Friday night
9°
Source: Environment and Climate Change Canada.
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