5286 Buchanan Road
Offered at: $899,900
MLS®: 10384221
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:6769)
Quick Stats
Key Home Data
2
BATH(S)
2
BED(S)
1471
SQFT
YES
SHOWING AVAILABLE
Property Type:
Single Family Home Ownership:
Freehold
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