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Listing No. 701
Selling 50 Acres of Land, Great Location!
City
Ok Falls -
Address
Lot 14 Racette Rd
Ok Falls, British Columbia
V0H 1R0
Canada | Map
Asking $ 1,050,000.00 USD
Affordable: Yes, see lowest rate in Ok Falls
Beds:
Baths:
Cars:
Age:
Size sq ft:
Land Acres: 50
Type: Land
Transaction: For Sale
Listing: Private Sale/Rental
Description












Selling 50 Acres of Land, Great Location!...

Legal Description:



Lot: 14, PL: Kap82660, DL: 2710, LD: Similkameen Div of Yale (54)



PID: 026-922-479

Property Value Currently listed locally at $1.4 Million(Asking Price)

Taxes:



$457 Water Tax (ALREADY PAID)



$1604 Property Tax(ALREADY PAID)



Zoning:



Comprehensive Development (CD) / Large Holdings (LH)



1. Comprehensive Development Permitted Uses: a) single detached dwellings b) duplex dwellings, subject to density averaging agreement c) multi-dwelling units, subject to density averaging agreement



2. Auxiliary Permitted Uses: a) home occupations b) buildings and structures auxiliary to any permitted use except 17.1.2.a



3. Regulations: Development in the CD Zone must be in accordance with the regulations as specified in table 17.1.



1. Large Holdings Permitted Uses: a) agriculture b) processing of farm products c) single detached dwelling d) charitable, fraternal or philanthropic institutions e) animal hospitals f) kennels g) stable and riding stables h) open land recreation



2. Auxiliary Permitted Uses: a) accessory farm dwellings b) home industries c) home occupations d) buildings and structures auxiliary to any permitted use e) retail sales of farm products and off-farm products



3. Regulations: Development in the LH zone must be in accordance with the regulations as specified in table 10.4.



Zoning information provided by the Okanagan - Similkameen Regional District.



Improvements:



None

(This property is undeveloped)



Investment Features:



This property is zoned comprehensive development and Large holding creating a unique opportunity for purchasers to develop multi-dwelling units, duplex – dwellings or single detached dwellings in a recreational hot spot with outstanding views.



Refer to the zoning section for full zoning details.



Description:



A unique 49 acres nestled above the community of Okanagan Falls with breathtaking panoramic views of Skaha Lake and the Okanagan Valley.



Located in the area known as BC’s hotspot, and with over 2000 hrs of sunshine a year this is an ideal paradise location for a superb quality of life as well as the ultimate in recreation.



The properties terrain consists of a gradual incline up to an area where there are numerous level benches which are excellent building sites all with unobstructed views of the surrounding lake and valley. To the east of the property is crown land which provides complete privacy and as well as many hiking trails and areas to explore.



This property provides an excellent opportunity to build your dream home in the Okanagan Valley, the oldest and most prolific wine growing region in the province with stunning views as well as being located in a close to world class recreation and amenities.



SIZE: 49.42 acres (20.59 hectares)



Location:



Okanagan Falls is located on Highway 97 at the southern end of Skaha Lake in the south Okanagan, 18 miles (28 km) north of Oliver and 16 miles (26 km) south of Penticton.



Access:



From Vancouver take Hwy. 1 East (The Trans-Canada) to Hope, then take Hwy. 3 East until you get to Osoyoos then turn left onto Hwy 97 North to Okanagan Falls; or Hwy 3 East to Keremeos, then turn left onto Hwy 3A to Penticton and South to Okanagan Falls.



Distance Chart:



Vancouver 436 km 4.8 hrs

Seattle 480 km 5.3 hrs

Spokane 345 km 3.8 hrs

Calgary 690 km 7.7 hrs

Edmonton 985 km 11 hrs



Services:



Hydro, Natural Gas, Phone & water are located at the lot line.



The property is service by septic system.



Area Data:



The Okanagan Valley stretches over 200km, from Osoyoos at the south to Salmon Arm at the northern extreme. The South Okanagan Valley is actually a northern extension of the Great Basin Desert of Oregon & Nevada and forms the only temperate desert area in Canada. The Okanagan Valley is the sunshine hot spot of BC with a regional average of 150 days a year when the average daily maximum is 18 C. The area receives over 2000 hours of sunshine a year and has low levels of precipitation. The mild climate and availability of water have transformed the area into an oasis of orchards and vineyards. There are over 2000 hectares of prime lush vineyards in the Okanagan & Similkameen Valleys and the area is a world-class wine destination.



The mountains surrounding the Okanagan Valley attract more precipitation, which provides the water for irrigation of the vineyards & orchards and great skiing at the three major ski resorts. Apex Mountain is located near Penticton, Big White is east of Kelowna and Silver Star is only 30 minutes from Vernon.



Okanaga



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Posted by: coolaidml on Apr 8, 2010
Phone: 250-809-2808
View all: my listings
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