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631 Similkameen Av 2.39 Acres of Residential Land Offered at $629,878 USD in Princeton, BC V0X 1W0
Investment Highlights
- RS-1 zoning allows for a mix of single-family, townhome, and duplex development options
- Substantial usable acreage suitable for phased or large-scale development
- Scenic surroundings promote an attractive living environment for future homeowners
- Existing architectural plans for townhouse configuration included by the owner
- Located in a growth-oriented area with increasing demand for residential housing
Executive Summary
Prime Development Opportunity in Similkameen! Exceptional location with tremendous potential. The value is in the land—currently zoned RS-1, offering flexibility for future development. Options include building approximately 42 townhomes or 16+ duplexes, making this a rare investment opportunity in a growing area. The property features usable acreage with endless possibilities. Current owner has architectural plans for townhouse development, providing a head start for the right buyer. Don’t miss your chance to secure this strategically located property with significant upside!
Property Facts
| Price | $629,878 USD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Residence |
| No. Lots | 1 | Total Lot Size | 2.39 AC |
| Property Type | Land | ||
| Zoning | RS-1 - Residential Single Family One | ||
| Price | $629,878 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Residence |
| Total Lot Size | 2.39 AC |
| Zoning | RS-1 - Residential Single Family One |
1 Lot Available
Lot
| Price | $629,878 USD | Lot Size | 2.39 AC |
| Price Per AC | $263,547.30 USD |
| Price | $629,878 USD |
| Price Per AC | $263,547.30 USD |
| Lot Size | 2.39 AC |
Description
631 Similkameen Avenue is a 2.39-acre tract situated in Princeton, BC, zoned RS-1 for residential development. The site is presently vacant and does not include active utility connections. Surrounded by residential neighborhoods, it is located near the community’s downtown area and connected by major regional highways. Historical sales records indicate prior transactions in 2004 and 2022 before its current listing status.
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
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631 Similkameen Av
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