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Summerland 14.7 acres of lakeview land sells for $3.1 million

Approximately 30 to 50 houses could be built on the former Okanagan vineyard, which is not in the Agriculture Land Reserve, under one of three development options.
Re/Max Penticton Realty, Penticton, B.C., for Western Investor

Type of property: Land for development.

Location: 13610 Banks Crescent, Summerland, B.C.

Land size: 641,510 square feet.

Land size in acres: 14.75 acres.

Number of titles: 4

Zoning: A1

List price: $2.95 million.

Sale price: $3.1 million.

Date of sale; January 25, 2022.

Brokerage: Re/Max Penticton Realty, Penticton, B.C.

Brokers: John Green and Keith Jakes.