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$2,200,000
3293 Upper McLeod Road,, Armstrong, BC V0E 1B8
0 Beds
0 Baths
n/a SqFt

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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. (id:5764)
  • Price:
  • $2,200,000
  • Acreage:
  • 37.00
  • Listing ID #:
  • 10253246
  • Street Address:
  • 3293 Upper McLeod Road,
  • City:
  • Armstrong
  • Province:
  • British Columbia
  • Postal Code:
  • V0E 1B8
  • Subdivision:
  • Armstrong/ Spall.
  • Listing Status:
  • Active
  • Listing Type:
  • Vacant Land
  • Conforms To Zoning:
  • Residential
  • Lot Size Units:
  • Acres
  • Originating Mls:
  • Association Of Interior Realtors
  • Listing Provided By Century 21 Executives Realty Ltd

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