$1,950,000 Sale

Listed 467 days ago

1348 Cedar Street

MLS® 10354184 House

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Beds · 1

Baths · 1.0

Parking · 0

Sqft · 1267

Est. mortgage

$7,398/mo

Key Facts

Key facts for 1348 Cedar Street

Property Type

House, Ranch

Parking

Garage: No, 0 parking

MLS #

10354184

Size

1267 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

1950

Maintenance Fee

Description

Strategic 3.92-acre development opportunity in the core of Okanagan Falls. Designated Medium Density Residential (MR) in the Official Community Plan, this site is well-positioned for future multi-family development, with established strata communities on both sides supporting continued residential g...rowth. The property is predominantly flat and extends from Cedar Street through to the river, offering a practical and efficient layout for site planning. With existing access, nearby services, and surrounding density already in place, this parcel presents a compelling opportunity for developers seeking a viable project in an emerging market. The size and configuration may lend itself to a phased approach, allowing flexibility in planning and execution. A 1,250 sq ft, 2-bedroom, 1-bath home currently occupies the property and may provide holding income during the planning and approval process. Located just south of Penticton at the base of Skaha Lake, Okanagan Falls continues to see interest from buyers seeking more attainable housing options within the South Okanagan. Buyer to verify all development potential, servicing, and zoning requirements with the appropriate authorities. Viewing by appointment only. (id:10452)

Full Property Details

Interior

Bedrooms

Washrooms

1.0

Square Footage

1267 sqft

Heating Type

See remarks

Kitchens

Full Bathrooms

Half Bathrooms

Bedrooms

Washrooms

1.0

Square Footage

1267 sqft

Heating Type

See remarks

Kitchens

Full Bathrooms

Half Bathrooms

Exterior

Acreage

3.92 ac|1 - 5 acres

Waterfront

Waterfront on river

Parking Spaces

Garage Spaces Y/N

Land Amenities

Park, Recreation, Schools, Shopping

Acreage

3.92 ac|1 - 5 acres

Waterfront

Waterfront on river

Parking Spaces

Garage Spaces Y/N

Land Amenities

Park, Recreation, Schools, Shopping

Building Description

Style

Ranch

Home Type

House

Subtype

House

Year Built

1950

Sewers

Municipal sewage system

Water Supply

Private Utility

Architectural Style

Ranch

Style

Ranch

Home Type

House

Subtype

House

Year Built

1950

Sewers

Municipal sewage system

Water Supply

Private Utility

Architectural Style

Ranch

Community

Okanagan Falls

Area Code

Okanagan Falls

Features

Family Oriented

Community

Okanagan Falls

Area Code

Okanagan Falls

Features

Family Oriented

Other

Virtual Tour Link

https://www.youtube.com/watch?v=SfMhT2RY2PI

Virtual Tour Link

https://www.youtube.com/watch?v=SfMhT2RY2PI

Room Types

4pc Bathroom

Dimensions 8' x 6'

48 sqft

Kitchen

Dimensions 10' x 8'

80 sqft

Living room

Dimensions 18' x 12'

216 sqft

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Norm Brenner

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