Real estate development opportunity. This stunning 3.42 acre site offers a complete package for multi family development with conceptual drawings/plans available and zoning in place. This site can achieve significant density with a maximum of 111 units based on 1000 sqft per unit. Additional examples are - 74 units @ 1500 sqft per unit or 55 units @ 2000 sqft per unit. Majority of the roads and infrastructure are in place providing a streamlined development process. All services are available. Whether you enjoy exploring the nearly trail systems for walking, hiking, biking or taking advantage of the nearly waterfront and beaches golf courses or wineries. The Trails Development offers the perfect setting and lifestyle. Other design can be submitted with The Trails approval (PLEASE NOTE: “higher density is achievable for this site”) Capital costs invested to date include infrastructure to access both properties to the lot line, material removal , civil work including storm, water, sewer & shallow utilities to the lot line, design costs, development permit costs, Park development and fencing, roundabout traffic circle and improvements to Glenrosa Road are off site costs that have also been completed. The work accomplished to date accelerates your development process. This Master Planned Community will consist of 109 single family home sites and 2 Multi family sites. DP is in Place. (id:53251)
Property Details
MLS® Number
10302200
Property Type
Vacant Land
Neigbourhood
Glenrosa
Amenities Near By
Public Transit, Park, Recreation, Schools, Shopping
Community Features
Pets Allowed
Road Type
Paved Road
View Type
Lake View, Mountain View, View (panoramic)
Building
Type
Other
Utility Water
Municipal Water
Land
Acreage
Yes
Current Use
Development Residential
Land Amenities
Public Transit, Park, Recreation, Schools, Shopping