Property
Type, style and structure
- Type
- land
- Style
- vacant land / Vacant Land
- Ownership
- Freehold
+19 more
64.51 ac
Lot
Property Snapshot
Key details for this listing
MLS #10396722
Lot
Land, frontage and setting
- Lot
- 64.51 ac - 64.51
Costs
Price, taxes and monthly charges
- List Price
- $9,900,000
About This Property
This vacant land in Merritt offers a 64.51 ac lot. The property has lot dimensions of 64.51.
MLS Remarks
An exceptional investment and development opportunity awaits in one of British Columbia's emerging growth markets. This strategically located development site in Merritt offers investors and builders the rare advantage of approved zoning and significant preliminary work already completed. As more British Columbians seek the affordability and lifestyle of communities beyond the Lower Mainland, Merritt continues to experience growing demand for housing. Ideally located just two hours from Metro Vancouver and approximately one hour from both Kamloops and Kelowna, the city is well positioned for continued growth. The property is zoned for a master-planned development of up to 250 residential units, including single-family homes, condominiums, and a hotel (see supplements). The current owners have secured a water supply through a joint venture with a local company utilizing provincial financing, while sewer and power services are nearby. Proposed site plans, architectural renderings, and preliminary civil engineering by a respected Kelowna engineering consulting firm are available to qualified purchasers through an (NDA). The owners are also willing to consider a joint venture partnership or vendor financing with a qualified developer, creating additional flexibility for the right buyer. All measurements and information are believed to be accurate but should be independently verified by buyers or their representatives if deemed important. (id:60351)
Full Listing Details
Address2320 HAMILTON HILL Road
MLS#10396722
Listing StatusActive
Property TypeLand
Sub-TypeVacant land
TransactionSale
Days on Market79
Common InterestFreehold
Annual Tax$114,100
Structure TypeOther
StyleVacant Land
CityMerritt
ProvinceBritish Columbia
Postal CodeV1K1B8
Lot Size64.51 ac
Lot Dimensions64.51
Lot FeaturesSloping
Road SurfaceGravel road
UtilitiesWater
Water SourceSee Remarks
Annual Tax$114,100
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