LAND ASSEMBLY – DEVELOPMENT OPPORTUNITY. Phase 2, Lots 1 and 2 of the Suntower subdivision are now offered as a combined land assembly, presenting an exceptional opportunity for builders, investors, or long-term landholders. Both lots will be delivered with paved road access and full extended city service connections to the lot line, including 400-amp power, municipal water, storm, and sewer, creating a ready-to-build environment. Zoned R7 (Low-Density Residential/RV) within the Regional District of North Okanagan, the site supports single-family, two-family, and secondary-suite development, with a maximum 35% lot coverage and up to 2 storey's (10 m height limit) . Lot 2 also includes a beautifully maintained 4,156 sq. ft. log home built in 2004, featuring two primary bedrooms with ensuites, a main three-piece bath, and three generous loft-level bonus rooms. Grand vaulted ceilings the in the main living area. The main floor offers durable tile throughout with efficient in-floor heating powered by a pellet stove, plus a secondary electric option. Both the home and detached garage are finished with long-lasting clay tile roofing (30–80 year lifespan). The property also includes an attached double garage, total covered parking for up to five vehicles. This assembly provides strong holding value—ideal for renting out the existing home to offset carrying costs—while preparing for future redevelopment aligned with the growth and demand of the Suntower subdivision (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Total Living Area:
4,156 sq. ft.386 m2
Taxes:
$0 /
-
Community:
Lumby Valley
Community Features:
Family Oriented, Rural Setting, Pets Allowed, Rentals Allowed
Data was last updated April 2, 2026 at 12:15 AM (UTC)
Area Statistics
Listings on market:
47
Avg list price:
$679,000
Min list price:
$169,900
Max list price:
$6,888,000
Avg days on market:
58
Min days on market:
2
Max days on market:
322
Avg price per sq.ft.:
$364.27
These statistics are generated based on the current listing's property type
and located in
Lumby Valley. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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