22
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$1,099,900
Est. payment /mo
2,488 SqFt
Price Dropped by $100K
1115 Cactus Road Kelowna, BC V1X5N3
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,488 sqft
Price per Sqft $442
Subdivision Rutland South
MLS® Listing ID 10344886
Lot Size 0.460 Acres
Acres 0.46
Source Association of Interior REALTORS®
Property Description
This incredible property offers a rare development opportunity, having recently been rezoned from MF1 to MF2, making it ideal for constructing 3-storey townhomes. The seller has multiple site analysis plans and renderings available, showcasing conceptual options for a 7, 8, or even 10-townhome development, with each unit designed at approximately 2,000 square feet. Tucked away from throughway traffic, the property enjoys the tranquility of a peaceful neighborhood while offering convenient walking access to Springfield Road. Whether you're a developer seeking your next project or an investor looking for a property with significant upside, this location strikes the perfect balance between privacy and accessibility. This is an unparalleled opportunity to develop a centrally located site with multiple options to fit your investment strategy. Don't miss out on the chance to create something truly remarkable in this growing area! (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Interior
Heating Forced air
Exterior
Parking Features Yes
Garage Spaces 1.0
Garage Description 1
View Y/N No
Total Parking Spaces 1
Private Pool No
Building
Sewer Municipal sewage system
Others
Virtual Tour https://www.youtube.com/watch?v=7Mm4llBqkVg&ab_channel=MarkDrelich|OkanaganREALTOR®
Listed by Engel & Volkers Okanagan
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