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| ID: | 46852 |
|---|---|
| MLS ID: | 24456752 |
| MLS Nubmer: | 10253246 |
| description: | Residential Development Opportunity!! This 37 Acre parcel is located in the desirable McLeod Subdivision in Armstrong/Spallumcheen. This amazing investment opportunity comes with 22 bare-land strata approved lots, plus 2 Country Residential Zoned Acreage properties. Stunning mountain and Okanagan Valley views, only minutes to town. There is a stream running through the property with walking trails and a park area. Water is from an approved well but the particulars must be confirmed with the municipality. Assessment presently shows 47 acres. However, there is a 10 acre parcel to be subdivided off which leaves approximately 37 Acres. See supplements for PLR and excluded property. Sewer is handled with a community septic system which is designed but not built. Estimated single family lot value at the time of listing for the 22 was $250,000. Estimated acreage value for each 5 acres at the time of listing was $400,000-$450,000. Using these estimated sale prices the final sell out, value would be $6,300,000. THESE ARE ESTIMATED VALUES ONLY, AT THE TIME OF LISTING AND ANY BUYER SHOULD CONFIRM WITH AN APPRAISAL. |
| address: | 3293 Upper McLeod Road |
| postal code: | V0E1B8 |
| city: | Armstrong |
| latitude: | 50.44377600 |
| longitude: | -119.14383900 |
| sub_type: | Vacant Land |
| size_total: | 37 ac|10 - 50 acres |
| utility_type: | Sewer (Available) |