1670 Mountain Ridge Road Castlegar, British Columbia V1N 4S2

$377,000

Priced $60,000 under appraised value! Welcome to 19.8 acres of wooded paradise with two natural creeks, just 8 minutes from beautiful downtown Castlegar. This exceptional property offers a unique blend of tranquility and convenience, with multiple development opportunities already in place. The first developed lot features a 22 GPM well with clean water, a registered septic system oversized for a shop and bonus suite, and a power shack with 400-amp service running underground to the house and shop, all fully permitted. The property enjoys southern exposure with 16 hours of sun per day in summer, making it perfect for farming. As detailed in our video, there are three additional build spots ready for rental income. The R4 zoning allows for 4 dwellings to potentially be built on this property with the RDCK approval. Significant investments include $100,000 in excavation, trucking, aggregate, and road infrastructure, a $30,000 well, a $20,000 septic system, and a $30,000 electrical building with underground tech cable and conduit to build site #1, all with necessary permits. The crown jewel is the lot at the top of the property, ideal for your dream home with breathtaking panoramic views of Castlegar city and the Columbia River. Additionally, a designed five-pole line extension, proposed and engineered by Fortis, is set to service all your needs. Don't miss out on this rare opportunity; it will sell fast! (id:48309)

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https://www.realtor.ca/real-estate/26998546/1670-mountain-ridge-road-castlegar-pass-creek-valley