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$ 5,500,000
Est. payment /mo
Active
5055 Ridge Road Eagle Bay, BC V0E1T0
154.9 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Eagle Bay
MLS® Listing ID 10380250
Lot Size 154.900 Acres
Acres 154.9
Property Sub-Type Freehold
Property Description
5055 Ridge is a rare and highly strategic development opportunity in Shuswap Lake's popular community, Eagle Bay. Combining scale, infrastructure, and regulatory readiness into a single, de-risked asset. Spanning approximately 155 acres, the properties potential is positioned for a 54-lot subdivision, with each lot averaging 2.5 acres. What truly sets Ridge apart is its fully operational and licensed private water utility—an asset that dramatically reduces both development cost and timeline. The system includes a 632,000-litre reservoir, multiple wells, and nearly 6 km of distribution infrastructure, currently servicing over 100 connections with capacity for significant expansion. Key reports include: geotechnical, septic, wastewater, and engineering—are complete and support the subdivision with no identified barriers to approval. Road infrastructure is substantially in place, and the project is effectively near being application-ready. Zoned RR1 and aligned with the Official Community Plan, the property supports low-density residential use with the ability for two dwellings per lot, enhancing long-term value and flexibility. Call for more information. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer No sewage system
Others
Ownership Freehold
Listed by RE/MAX Real Estate (Kamloops)