Rare opportunity meets serious potential on this expansive 0.73-acre property in Lower Town Summerland. With RU2 zoning and over 31,000 sq. ft. of land, this is a standout chance for multi-generational families or investors looking to develop, subdivide, or secure a long-term asset in a prime location. Just steps from the lake, the setting is as appealing as the upside. The existing 4-bedroom, 2-bathroom home offers 2,495 square feet and includes a walk-out basement with suite potential, ideal for extended family or added income. Lake and mountain views add to the lifestyle appeal, while the lot itself provides space rarely found this close to town. Surrounded by recreation, you’re moments to the Rotary Trail, Peach Orchard Beach, and local gathering spots, making this a property that blends lifestyle with long-term value. Opportunities like this don’t come along often—especially with this much room to grow (in more ways than one). (id:2493)
Data was last updated April 10, 2026 at 05:15 AM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$912,000
Min list price:
$619,000
Max list price:
$1,495,000
Avg days on market:
42
Min days on market:
7
Max days on market:
203
Avg price per sq.ft.:
$325
These statistics are generated based on the current listing's property type
and located in
Lower Town. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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