1201 SPILLER ROAD Penticton, British Columbia Penticton MLS# 177208

$ 2,200,000

Description

An incredible opportunity – 72 Acre parcel with amazing views, ideal for planting wine grapes and tremendous future development potential. This property is comprised of a parcel of land that is split into four main sections of land totalling 72 acres. The property consists of sloping south west facing hillside, a year round creek flowing through it and amazing views of entire valley and lake throughout with its location on one of the highest areas in Penticton proper. Amazing views yet only 7 minutes to downtown. It is ideally placed for current use in planting & selling wine grapes with enormous future potential. The large Spiller road / Reservoir road residential neighbourhood, brought to the city by Urban Systems ends at the property line for this acreage. This means we have a property that can be planted and generate revenue in the short and medium term and is a natural extension to the neighbourhood as the city keeps expanding for the long term. (id:22688)

Overview

Lot Size72 ac acres
NeighbourhoodPenticton
Property TypeLots & Acreages
Ownership TypeFreehold
WaterDrilled Well
SewerSeptic System
Listing Office:Century 21 Assurance Realty Ltd

Features

ViewLake view, Mountain view

Location

The information contained herein is assumed to be correct but is not guaranteed by the Listing Agent or Publisher and should be verified.