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5055 Ridge Road Eagle Bay, British Columbia V0E 1T0

Acreage Wooded Area

$4,195,000

Court Ordered Sale of a large format development site above Eagle Bay in BC's popular and growing Shuswap region. Currently zoned R2, the site supports development into 2.5 acre lots with a considerable level of infrastructure and feasibility analysis already complete. The property is improved with a licensed and operational private water utility that currently services 74 homes and 30 additional lots on a neighbouring property, and has the capacity to service an estimated 80 additional residences, more than sufficient for the subject property. The water system consists of a 632,000 litre reservoir, 5 wells, and underground servicing on the existing property and neighbouring properties. The private utility has an estimated replacement cost of $2.5m. Ridge Road provides access through the property to the water reservoir. The road is gravel and is built to MOTI grade specs. This is a well located development site with a significant level of hard and soft costs already completed. Sale is by way of Court Order. (id:65196)

Property Details

MLS® Number 10396327
Property Type Vacant Land
Neigbourhood Eagle Bay
Amenities Near By Golf Nearby
Community Features Rural Setting
Road Type Gravel Road
View Type Lake View, Mountain View, Valley View

Building

Type Other
Utility Water Private Utility

Land

Acreage Yes
Current Use Development Residential
Fence Type Not Fenced
Land Amenities Golf Nearby
Landscape Features Wooded Area
Sewer No Sewage System
Size Irregular 157.85
Size Total 157.85 Ac|100+ Acres
Size Total Text 157.85 Ac|100+ Acres

Utilities

Natural Gas At Lot Line
Water Available

https://www.realtor.ca/real-estate/30093863/5055-ridge-road-eagle-bay-eagle-bay

Contact Us

Contact us for more information

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Alan L Johnson

(604) 671-0445
www.uniqueproperties.ca/

Colliers
#1100-1067 West Cordova Street
Vancouver, British Columbia V6C 1C7

(604) 681-4111
(604) 661-0849
collierscanada.com/

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