5973 Pleasant Valley Road,
Vernon, British Columbia V1B3L6

$2,699,000

Developer Alert! OCP is Future Residential development for medium density townhomes or row housing. Also potentially could be made into a single family subdivision or bare land strata complex. Community sewer hook up estimated in 2024. The property is within Phase 1 of the community sewer project area. Waiting on draft OCP approval for higher density changes. Land was previously used as an orchard and is currently used as a hay field. The home is in great shape if you wanted some rental revenue while going through the development process. Sellers are open to rent back options. Also potential for land assembly with the neighboring parcel which would give a total of 5 acres if you purchased both properties. NOT IN ALR which is rare for this area. Only 3 minute drive to Walmart shopping center and 10 minute drive into downtown. (id:3942)
ID# 10273939
Courtesy of Sage Executive Group Real Estate - Letnick Estates
Listed on: May 15, 2023

On market: 26 days
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