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14.75 acres land in Summerland sells for $3.1 Million

Summerland 14.7 acres of lakeview land sells for $3.1 million

Re/Max Penticton Realt
Western Investor

Approximately 30 to 50 houses could be built on the former Okanagan vineyard, which is not in the Agriculture Land Reserve, under one of three development options.

Type of property: Land for development.

Location: 13610 Banks Crescent, Summerland, B.C.

Land size: 641,510 square feet.

Land size in acres: 14.75 acres.

Number of titles: 4

Zoning: A1

List price: $2.95 million.

Sale price: $3.1 million.

Date of sale; January 25, 2022.

Brokerage: Re/Max Penticton Realty, Penticton, B.C.

Brokers: John Green and Keith Jakes.

 

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