Residential Development Opportunity!! This 37 Acre parcel is located in the desirable McLeod Subdivision in Armstrong/Spallumcheen. This amazing investment opportunity comes with 22 bare-land strata approved lots, plus 2 Country Residential Zoned Acreage properties. Stunning mountain and Okanagan Valley views, only minutes to town. There is a stream running through the property with walking trails and a park area. Water is from an approved well but the particulars must be confirmed with the municipality. Assessment presently shows 47 acres. However, there is a 10 acre parcel to be subdivided off which leaves approximately 37 Acres. See supplements for PLR and excluded property. Sewer is handled with a community septic system which is designed but not built. Estimated single family lot value at the time of listing for the 22 was $250,000. Estimated acreage value for each 5 acres at the time of listing was $400,000-$450,000. Using these estimated sale prices the final sell out, value would be $6,300,000. THESE ARE ESTIMATED VALUES ONLY, AT THE TIME OF LISTING AND ANY BUYER SHOULD CONFIRM WITH AN APPRAISAL.
Floor Plans & Pricing
Name | Beds | Baths | Size | Price | Availability |
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Property Features
- Fireplace Fuel: Carport
- Ownership Type: Freehold

What's Nearby?
Restaurants
- Heritage Kitchen (1.85 mi)1 reviews
- The Wild Oak Cafe (2.19 mi)6 reviews
- Haru Sushi (1.85 mi)6 reviews
Coffee Shops
- The Wild Oak Cafe (2.19 mi)6 reviews
- Margarieta's Place (2.55 mi)5 reviews
- McDonald's (1.8 mi)1 reviews
Grocery
- Askew's Foods (1.85 mi)2 reviews
- Save-On-Foods (18.63 mi)1 reviews
- Lord Aberdeen Market & Liquor Store (6.9 mi)1 reviews
Education
- ABC Driving School (8.26 mi)5 reviews
- North Okanagan Child Care Society (13.96 mi)1 reviews
- Freedom Flight School (14.46 mi)3 reviews
Bank
Hospitals
- Hospital Vernon Jubilee (14.08 mi)2 reviews
- Turtle Bay Medical Clinic (29.43 mi)3 reviews