5286 Buchanan Road, Peachland, British Columbia

$899,900

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2

Beds

2

Baths

1,471

Square feet

0.49

Acres

About 5286 Buchanan Road

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:6289)

Features of 5286 Buchanan Road

Listing # 10384221
Price $899,900
Bedrooms 2
Bathrooms 2.00
Square Footage 1,471
Acres 0.49
Year Built 1955
Type Single Family
Sub-Type Freehold
Style Ranch

Community Information

Address 5286 Buchanan Road
Subdivision Peachland
City Peachland
Province British Columbia
Postal Code V0H1X1

Amenities

Features Corner Site, Sloping, Jacuzzi bath-tub, One Balcony
Parking Spaces 8
Parking Carport
Garages Carport
View Lake view
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator, Range - Gas, Dishwasher
Heating Baseboard heaters, Forced air, Electric, See remarks
Cooling Central air conditioning
Fireplace Yes
# of Fireplaces 1
Fireplaces Gas, Unknown
# of Stories 1
Has Basement No
Basement Partial

Exterior

Exterior Wood siding
Lot Description 0.49
Roof Asphalt shingle, Tar & gravel, Unknown
Foundation Block

Listing Details

OfficeStilhavn Real Estate Services

Listing Map

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