Prime Development Opportunity in a desirable location in Summerland. This rare infill property offers endless potential with street frontage on both sides, making it ideal for developers and investors. Zoned for two duplexes or a quadruplex, this lot allows for this and potentially more. Nestled in a sought-after neighborhood, this property is close to downtown, schools, parks, shopping, and amenities, offering convenience and a community-oriented atmosphere. The existing 2-bedroom, 1-bathroom home is fully renovated and was previously a successful Airbnb. Lovely back covered deck, large fenced yard with spacious garden shed. Open parking at the front of the home. Featuring modern updates including ductless heat pump for heating and cooling and a cozy electric fireplace. Ready for immediate occupancy or interim rental income. The property is currently vacant, allowing for seamless development planning or personal use. Whether you're a seasoned developer or an ambitious investor, this is your chance to create a vibrant, profitable project in one of the area’s most convenient and desirable locations. Don’t miss out on this exceptional opportunity—book your viewing today and take the next step toward realizing your vision! (id:51532)
Property Summary |
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Building |
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Level | Rooms | Dimensions |
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Main level | Primary Bedroom | 11'5'' x 8'11'' |
Living room | 14'11'' x 12'0'' | |
Laundry room | 9'3'' x 5'9'' | |
Kitchen | 11'5'' x 10'9'' | |
Bedroom | 10'2'' x 8'8'' | |
4pc Bathroom | 8'2'' x 4'11'' |
Features | |||||
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Level lot | See Remarks | Other | |||
RV | Range | Refrigerator | |||
Dishwasher | Washer/Dryer Stack-Up | See Remarks |