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Lot/land
  • C$4,090,000

    4641 Princeton Ave, Peachland, BC V0H 1X7

    --beds
    --baths
    2.65Acres
    Unimproved Land
    Built in ----
    2.65 Acres Lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Panoramic okanagan lake views
    Prime Development Opportunity – Panoramic Okanagan Lake Views This 2.65-acre medium-density zoned property offers an exceptional opportunity for development in Peachland. Situated just above Okanagan Lake along Princeton Avenue, an active transportation corridor, the site is perfectly positioned for a high-quality multi-family project. Zoned RM4, the property has the potential for 46 townhomes and comes with a shovel-ready Development Permit package. The package includes a professionally engineered grading plan designed to minimize soil fill and retaining walls, along with completed geotechnical, hydrogeological, and traffic studies. A full architectural plan has been developed, featuring four terraced building areas to ensure every home enjoys breathtaking lake views. Significant financial contributions have already been made, including $90K in Community Amenity Contributions and $94K toward transportation and transit improvements, both paid to the District. Additionally, the project is eligible for approximately $130K in road improvement DCC credits, subject to District Engineering confirmation. With seller financing available and flexible closing terms, this is a rare opportunity to secure a turnkey, development-ready site in one of the Okanagan’s most sought-after locations. Serious inquiries only – full documentation and professional reports available upon request.
    141 days
    on Zillow
    |
    18
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 20, 2025 at 08:32pm

    Listed by:

    Hailey Ying Huang,

    Oakwyn Realty Okanagan-Letnick Estates

    Source: Association of Interior REALTORS,MLS®#: 10339316Originating MLS®#: Association of Interior REALTORS
    Travel times

    Facts & features

    Interior

    Features
    • Has fireplace: No

    Property

    Features
    • Has view: Yes
    • View description: Lake, Mountain(s)
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Other
    Lot
    • Size: 2.65 Acres
    • Dimensions: 528.00 x 544.00
    Details
    • Parcel number: 011012307
    • Zoning: RR1

    Utilities & green energy

    • Sewer: Not Connected (at lot), Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Peachland

    Financial & listing details

    • Annual tax amount: C$9,002
    • Date on market: 3/17/2025
    • Ownership: Freehold,Fee Simple
    • Road surface type: Paved
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