This vacant land in Spallumcheen offers a 40 ac lot. The property has lot dimensions of 40.
Rare opportunity to secure 80 acres in the Southeast Sector of Spallumcheen. Offered as two 40-acre parcels at $15,000 per acre and just 15 minutes north of Vernon. Zoned Large Holdings, the land supports single-family residential, bed and breakfast, agricultural, and resource-based uses. Spallumcheen is ready for this land to be developed, giving future owners a clear and supported path to advance their project. Timber value on the property gives buyers a practical way to offset acquisition costs while planning their vision. The water license comes with the property. Whether you are a developer ready to enter one of BC’s most in-demand markets, an investor expanding a portfolio, or a buyer looking to create a private Okanagan retreat that feels worlds away but sits minutes from everything Vernon has to offer, this is your canvas. (id:60351)
A rare opportunity awaits with 80 acres of prime land located in the Southeast Sector of Spallumcheen, British Columbia. The property consists of two contiguous 40-acre parcels, each priced at $15,000 per acre, offering a total value of $600,000. Strategically positioned just 15 minutes north of Vernon, this land is zoned Large Holdings and supports various uses including single-family residential development, bed and breakfast establishments, agricultural pursuits, and resource-based activities. The property's timber assets provide an immediate financial benefit that can help offset acquisition costs while you plan your vision for the future. Additionally, a water license is included with the purchase. This makes the land ideal for developers looking to enter one of British Columbia’s most sought-after markets, investors expanding their portfolios, or individuals seeking to create a secluded Okanagan retreat that remains conveniently close to all amenities Vernon offers.
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Listed by Curtis Gedig, Coldwell Banker Horizon Realty
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Listing represented by Curtis Gedig, Coldwell Banker Horizon Realty · MLS# 10384344
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.