5286 Buchanan Road

5286 Buchanan Road

Peachland, British Columbia

$899,900
1471 sqft SQ FT
2 BED
2 BATH

Property Description

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:6770)

Overview

Price $ 899,900
MLS # 10384221
Age 1955
Size 1471 sqft
Lot Size 0.49 acres
Bedrooms 2
Bathrooms 2
Exterior Wood siding
Cooling Central air conditioning
Appliances Refrigerator, Dishwasher, Range - Gas
Water Municipal water
Sewer Municipal sewage system
Flooring Carpeted, Laminate, Linoleum
View Lake view
Property Type Single Family
Roof Unknown,Unknown
Local Amenities Recreation
Stories 1
Listing Office Stilhavn Real Estate Services

Main level

Den 7'9'' x 17'3''
Dining room 12'2'' x 10'
3pc Bathroom 10'6'' x 4'11''
Bedroom 11'7'' x 11'5''
3pc Ensuite bath 7'3'' x 7'2''
Primary Bedroom 18'9'' x 11'5''
Living room 13'6'' x 19'8''
Kitchen 12'3'' x 15'10''
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Property Information

5286 Buchanan Road, Peachland

Price: $899,900

Property Type: Single Family

Building Type: House

MLS #: 10384221

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