6641 50th Street NE

NE Salmon Arm, Salmon Arm, BC, V0E1K0

Listed by Real Broker B.C. Ltd

$949,900

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Listed 240 days ago · MLS® 10376691

About this home

RARE DEVELOPMENT OPPORTUNITY! Secure a rare four-title land assembly in Salmon Arm and unlock the potential of (together spanning) ~5.88 acres all designated as Medium Density w/i the OCP; thus, rezoning to a Medium Density Zone (likely R14) would be supported by the City of Salmon Arm. Townhouses would be an option for development. One of four neighbouring properties (each w/ separate Seller & Title), this strategic offering presents a prime opportunity to create a thoughtfully planned residential subdivision in this growing community. The scale & configuration provide flexibility for an efficient site layout & long-term value creation. Positioned near North Canoe Public School, local grocery & restaurant - the location blends convenience w/ lifestyle appeal. Future residents will enjoy walking access to Canoe Beach on Shuswap Lake & seamless connectivity to the Trans-Canada Highway, offering easy commuting - enhancing the Land Assembly's appeal for developers & investors. Capitalize on rising housing demand & shape the next chapter of Salmon Arm’s residential landscape w/ this exceptional development opportunity. Home (1959) & outbuildings on property are being sold ""as is, where is"". See EXCLUDED Items. Seller's first preference is to sell this property MLS® 10376691 (PID: 009-603-794) within a Land Assembly which includes this property and the following three land titles: MLS® 10376690 (PID: 004-787-226), MLS® 10376692 (PID: 009-632-867) and PID: 005-291-461 (not on MLS®) (id:66966)

Details

Type
Vacant Land
Neighbourhood
NE Salmon Arm
Municipality
Salmon Arm

Interior

Fireplace
No

Heating, cooling and services

Water and sewer
Municipal sewage system

Location

Location is approximate. See nearby homes on the map

Listed by Real Broker B.C. Ltd.

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