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$550,000
10394875 MLS® #
In the heart of town, opportunity knocks. This large, RM2-zoned double lot offers exceptional potential for homeowners, investors, and developers alike. Located just steps from the beach, shopping, restaurants, and everyday amenities, the value here extends well beyond the existing home. The existing residence occupies one side of the property, while the second lot is ready for your vision, creating a rare opportunity to build while retaining, renovating, or reimagining the current home. Surrounded by newer homes and recent redevelopment, the property is ideally positioned for future development. RM2 zoning allows for a variety of residential possibilities, including the potential for a duplex or fourplex (buyer to verify with the municipality). Whether you're looking to renovate, invest, develop, or explore a combination of options, this property offers flexibility to match your vision. Large, centrally located development parcels are becoming increasingly difficult to find. With desirable zoning, a walkable location, a rare double lot, and multiple paths forward, this is an exceptional opportunity to secure a property with outstanding long-term potential. (id:5764)

440 Westminster Avenue West, Penticton

Listing courtesy of eXp Realty.

$550,000
4 Beds ⋅ 1 Baths ⋅ 10374320 MLS® #
In the heart of town, opportunity knocks. Built in 1900, this classic city home sits on a large, fully fenced RM2-zoned lot just steps from the beach, shops, and local restaurants. Surrounded by newer builds and recent redevelopment, this property true fixer-upper with solid bones and endless potential, it’s ideal for those looking to restore character, reimagine a family home, or unlock the value of the land itself. The home offers a functional layout with two bedrooms up and two down, well suited for family living or future flexibility. A detached garage with workshop provides added utility for storage, hobbies, or redevelopment planning. With RM2 zoning, this property offers excellent redevelopment potential, including the possibility of a duplex or fourplex (buyer to confirm with the municipality). Whether you choose to renovate and hold, or redevelop to maximize the lot and location, opportunities like this are increasingly rare in such a walkable, central neighbourhood. A family-friendly setting, a prime in-town address, and multiple paths forward—this is a property where vision, zoning, value, and location come together. (id:5764)

440 Westminster Avenue West, Penticton

Listing courtesy of eXp Realty.