DEVELOPMENT PROPERTY - plans in place for 24 townhouses with ability to subdivide off the current house and guest house. Main house is in good condition with stunning lake views. Guest house is in poor condition and is currently rented for $800 per month. Seller is willing to VTB 40% of the purchase price. Rezoning to RM4 is needed for townhouses which will take roughly one year and does not need a public hearing. City of Peachland has indicated they would support rezoning and allowed rezoning to RM4 next door. (id:2493)
Data was last updated March 13, 2025 at 09:45 AM (UTC)
Area Statistics
Listings on market:
88
Avg list price:
$1,204,950
Min list price:
$139,900
Max list price:
$2,950,000
Avg days on market:
41
Min days on market:
1
Max days on market:
310
Avg price per sq.ft.:
$438.29
These statistics are generated based on the current listing's property type
and located in
Peachland. Average values are
derived using median calculations.
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