10286 Newene Road, Lake Country | $1,299,000

Unmatched development opportunity in the heart of Lake Country!! A rare and promising opportunity for developers and investorsa??this 1.45-acre parcel is designated High Density Residential in Lake Countrya??s Official Community Plan, positioning it perfectly for future development. Ideally situated just one block from the main commercial corridor, this property offers the best of both worlds: walkability to groceries, restaurants, and schools, yet nestled in a peaceful, tree-lined setting bordered by orchards and mature greenery. The lot features a gently sloping topography and convenient access to sewer infrastructure at the highway, supporting a variety of multi-family or high-density residential development possibilities. While the existing 4-bedroom, 2-bathroom home is livable and currently tenanted, the true value lies in the land and exceptional location.

Description

Unmatched development opportunity in the heart of Lake Country!! A rare and promising opportunity for developers and investorsa??this 1.45-acre parcel is designated High Density Residential in Lake Countrya??s Official Community Plan, positioning it perfectly for future development. Ideally situated just one block from the main commercial corridor, this property offers the best of both worlds: walkability to groceries, restaurants, and schools, yet nestled in a peaceful, tree-lined setting bordered by orchards and mature greenery. The lot features a gently sloping topography and convenient access to sewer infrastructure at the highway, supporting a variety of multi-family or high-density residential development possibilities. While the existing 4-bedroom, 2-bathroom home is livable and currently tenanted, the true value lies in the land and exceptional location.

General Info


MLS Listing ID: 10347198 Bedrooms: 4 Bathrooms: 2 Year Built: 1946
Parking: Detached Garage Heating: Baseboard heaters Lotsize: 1.45 ac|1 - 5 acres Air Conditioning : Wall unit

Amenities/Features


  • Private setting
  • Treed
  • Irregular lot size

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .