Primary photo of 5060 Hot Springs Road, Fairmont Hot Springs
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Vacant Land For Sale

$3,800,000

MLS® Number: 10387036

Land Size

9.88

5060 Hot Springs Road, Fairmont Hot Springs, British Columbia

About This Property

9.88 acres of dream development property in sunny Fairmont Hot Springs (South Eastern BC)- near the famous natural hot springs, Lake Windermere, Columbia Lake, Invermere, and Panorama. Approximately 1 hour from Cranbrook and 1.5 hours from Banff/Canmore, this is an incredible area with a lot of untapped potential. The site has stunning views, situated along the length of the 18th fairway of the iconic Mountainside Golf Course. Water, sewer, and hydro services have been installed to the centre of the property. Zoned RES-3 Resort Lodging with a maximum density of 60 units per hectare, there is potential to develop over 200 units! With no development cost charges and almost no offsite servicing costs, the land and development cost per unit is unbelievably low. Bring your dreams and your vision, and create something truly special.

Property Details

Interior Details

Bathrooms Partial

0

Land & Location

City Region

Fairmont/Columbia Lake

Lot Size Area

9.88 acres

Lot Size Dimensions

9.88

Parcel Number

031-657-494

Postal Code

V0B1L1

Utilities & Services

Utilities

Water, Sewer

Listing & Financials

Listing Office

300888

Originating System Name

Association of Interior REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($760,000)
5.5%
25 Years

Estimated Monthly Payment

$18,668

Principal and interest only. Actual rates may vary.

Location & Map

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