Proposed Lot B Arrow Drive

Description

Exceptional Townhouse Development Opportunity – 2.79 Acres in Prime Revelstoke Location. A rare opportunity to acquire approximately 3 acres of development land in one of Revelstoke's most sought-after residential neighborhoods. This exceptional property is ideally suited for townhouse development. This turnkey development opportunity comes with pre-approvals already in place for a proposed 30-townhome project, offering substantial time savings. With much of the planning groundwork completed, the property presents a streamlined path toward construction and project execution. Perfectly positioned within a quiet, established neighborhood, the site is located close to schools, parks, and year-round recreational amenities. Residents will enjoy convenient access to Revelstoke Mountain Resort, the future Cabot golf course, and an extensive network of hiking and biking trails. A short scenic walk leads directly to Mackenzie Village, providing easy access to shopping, dining, and everyday services. As Revelstoke continues to experience strong growth driven by tourism, investment, and an expanding population, development opportunities of this scale and quality are becoming increasingly scarce. This is a compelling opportunity to secure a premier development site with significant upside potential in a market poised for continued long-term appreciation. (id:63159)

Property Details

Annual property tax

$18,706.62

Brokerage

RE/MAX Revelstoke Realty

Location Insights

Population

8,275

(2021 Census)

+9.4% since 2016

Density

200.5/km²

Dwellings

3,739

Median household income

$96,000

After-tax

$85,000

Immigrant population

11.7%

Top countries of origin

• United Kingdom1.9% · 155
• United States of America1.4% · 115
• Italy1% · 80
• Germany0.9% · 75
• Philippines0.8% · 65
• Netherlands0.4% · 30
• India0.3% · 25
• China0.2% · 15

Source: Statistics Canada, 2021 Census of Population.

Weather

20°C

Cloudy

Humidity 66%

Wind NW 4 km/h

Today

23°

Tonight

12°

Thursday

19°

Thursday night

8°

Friday

21°

Friday night

8°

Source: Environment and Climate Change Canada.