5055 Ridge Road, Eagle Bay, British Columbia

About 5055 Ridge Road

Court Ordered Sale of a large format development site above Eagle Bay in BC's popular and growing Shuswap region. Currently zoned R2, the site supports development into 2.5 acre lots with a considerable level of infrastructure and feasibility analysis already complete. The property is improved with a licensed and operational private water utility that currently services 74 homes and 30 additional lots on a neighbouring property, and has the capacity to service an estimated 80 additional residences, more than sufficient for the subject property. The water system consists of a 632,000 litre reservoir, 5 wells, and underground servicing on the existing property and neighbouring properties. The private utility has an estimated replacement cost of $2.5m. Ridge Road provides access through the property to the water reservoir. The road is gravel and is built to MOTI grade specs. This is a well located development site with a significant level of hard and soft costs already completed. Sale is by way of Court Order. (id:6289)

5055 Ridge Road, MLS#: 10396327 is located in the Eagle Bay neighborhood of Eagle Bay, British Columbia, Postal Code: V0E1T0. The property is 158 acres in total.

The vacant land is currently listed at $4,195,000 and recently experienced a price increase of $4195000 on 0000-00-00 00:00:00..

Map To 5055 Ridge Road, Eagle Bay