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Lot A McCormack Road
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Lot A McCormack Road $850,000
$850,000
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Lot A McCormack Road
Burton, British Columbia V0G1R0

MLS® Number: 10348053

Listing Description

Prime development opportunity in a beautiful, rural setting in Burton, south of Nakusp, near the shores of Arrow Lake! Flat, 8.09 acre property (one title) has had preliminary approvals in place for a 10 lot subdivision with underground services in the past. Lots 1, 2, and 3 were formally subdivided and recently sold; this is the remainder lot A for sale. An exceptional investing opportunity for savvy builders, investors or developers! Bring new ideas forward or pick up what once was and start up the process again. Underground infrastructure is already in place with stubouts at each of the proposed 10 lots. Water, BC Hydro, and Telus are all available. Water is connected to the Burton community system, managed by the Regional District of Central Kootenay. Septic systems will be required. An incredible amount of time and legwork have been done before you; take it from here and bring your vision to continue the process and finish subdividing it with your own ideas (could consider less density or different layout or continue focusing on the potential for 10 lots) or keep it as a holding property. The property is currently zoned R1K (suburban residential) and is out of the ALR. Building scheme registered on title. There is also a very LARGE, massive amount of gravel rock and road crush stored on the property and will be left behind and included in a sale. Wonderful location near the lake with many recreational pursuits in the surrounding area. Do not miss this opportunity. (38854603)

Property Summary

Property Type
Vacant Land
Building Type
Other
Neighbourhood Name
Nakusp Rural
Title
Freehold
Land Size
8.09 ac|5 - 10 acres
Annual Property Taxes
$1,634.39
Time on REALTOR.ca
40 days

Building

Building Features
Features
Cul-de-sac, Level lot, Irregular lot size
Utilities
Utility Type
Cable (Not Available), Electricity (At Lot Line), Natural Gas (Not Available), Telephone (At Lot Line), Sewer (Not Available), Water (At Lot Line)
Water
Community Water User's Utility
Neighbourhood Features
Community Features
Family Oriented, Rural Setting
Amenities Nearby
Recreation, Schools

Land

Lot Features
Fencing
Not fenced
Landscape Features
Level
Present Use
Development residential
Road Type
Gravel road, Cul de sac
View
River view, Lake view, Valley view
Other Property Information
Access
Easy access
Zoning Type
Unknown
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6
250-837-6072
Email
Book showing
Royal Lepage Selkirk Realty
P.O. Box 40
Nakusp, British Columbia V0G1R0
250-265-3635
250-265-4430

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