5055 Ridge Road Eagle Bay, British Columbia V0E 1T0

$5,500,000

5055 Ridge is a rare and highly strategic development opportunity in Shuswap Lake’s popular community, Eagle Bay. Combining scale, infrastructure, and regulatory readiness into a single, de-risked asset. Spanning approximately 155 acres, the properties potential is positioned for a 54-lot subdivision, with each lot averaging 2.5 acres. What truly sets Ridge apart is its fully operational and licensed private water utility—an asset that dramatically reduces both development cost and timeline. The system includes a 632,000-litre reservoir, multiple wells, and nearly 6 km of distribution infrastructure, currently servicing over 100 connections with capacity for significant expansion. Key reports include: geotechnical, septic, wastewater, and engineering—are complete and support the subdivision with no identified barriers to approval. Road infrastructure is substantially in place, and the project is effectively near being application-ready. Zoned RR1 and aligned with the Official Community Plan, the property supports low-density residential use with the ability for two dwellings per lot, enhancing long-term value and flexibility. Call for more information. (id:61048)

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https://www.realtor.ca/real-estate/29498904/5055-ridge-road-eagle-bay-eagle-bay