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COURT ORDERED SALE! Exceptional 13.79-acre development opportunity in a desirable, rapidly growing area of Kamloops. The property offers potential for a 49-lot bare land strata subdivision featuring single-family detached homes, presenting an exciting opportunity for builders, developers, and investors. Currently unserviced, the site offers the opportunity to plan and design infrastructure to suit the proposed development, subject to municipal approvals, zoning, servicing requirements, and subdivision approval. A rare opportunity to explore the potential of a substantial residential development site in a high-demand market. Buyers to conduct their own due diligence regarding development feasibility, servicing costs, approvals, and court sale terms. Schedule A must be included with all offers.
Highlights
- Per the listing, this is a 13.79-acre court ordered sale of land, with a cul-de-sac location and a level lot.
- Per the listing, the site has potential for a 49-lot bare land strata subdivision of single-family detached homes, subject to approvals.
- The Lac Du Bois Grasslands Protected Area park or trail is about 180 m away, and George Hilliard Elementary is about 680 m away.
Things to check
- The listing says the site is currently unserviced but also lists municipal water and sewer. Ask what servicing exists and what extensions would cost.
- The listing does not state the zoning or subdivision approval status. Ask the City of Kamloops what zoning applies and what approvals a subdivision would need.
- Per the listing, buyers must do their own due diligence and Schedule A must be included with all offers. Ask about these court sale terms before offering.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Sarah's tip: Most Aberdeen homes are ordinary suburban houses, but check whether a lot sits inside the Aberdeen Slope Hazard area. Rivers vs hillsides: where the ground shapes the deal →
Overall neighbourhood score 8.4 / 10; walk & bike score 8.2 / 10, from how close the nearest school, park or trail, rec centre and town centre are. Scores and distances are Sean Phillips’s own straight-line measures from this home to public B.C. map data. They are not part of the MLS® listing; driving distances are longer, so please check anything that matters to you.
- Price
- $4,750,000
- MLS® number
- 10402640
- Property type
- Lot / land
- Ownership
- Freehold
- Lot size
- 13.79 acres
- Annual taxes
- $15,187
- Community
- Brocklehurst, Kamloops
- Lot features
- Cul-de-sac, Level lot
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Utilities
- Sewer, Natural Gas, Electricity, Cable
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