Positioned in the highly desirable Eagle Bay market, this is a rare opportunity to acquire a large-scale subdivision that is no longer conceptual—but nearing execution. The master plan outlines a thoughtfully designed community of 54 estate-sized lots avg 2.5+ acres, w/ road networks, lot layouts, and servicing strategy already eng and defined. At its advanced stage of Phase 1, infrastructure is substantially complete, w/ roads approx 75% finished and water services installed ready for connection, significantly reducing timeline and cap requirements. Final cleanup and minor works are underway to meet MOTI reqs, posturing the project for near-term subdivision approval. Eng, geotech, septic, and enviro reports complete w/ no identified issues for clear path forward. From a macro planning perspective, the layout reflects eff use of the land, w/ defined building areas, access routes, and servicing corridors already established. The plan also incl a commercially zoned parcel designated for commercial lodging, for a unique resort-style or income-generating component. The most compelling is the proximity to monetization. Approvals all but imminent, the development is geared to transition quickly into registered, marketable lots. Much of the heavy lifting and risk has already been absorbed. This offering represents a de-risked, near shovel-ready subdivision w/ scale, immediate sales potential, and long-term upside in one of the Shuswap’s most sought-after lifestyle destinations. (id:4069)
Address
5193 Ivy Road
List Price
$5,500,000
Property Type
Vacant Land
Type of Dwelling
Vacant Land
Transaction Type
Sale
Area
British Columbia
Sub-Area
Eagle Bay
Lot Size
122 Ac.
MLS® Number
10381041
Listing Brokerage
RE/MAX Real Estate (Kamloops)
Postal Code
V0E1T0
Site Influences
View
Features
Private setting, Treed
