I have sold a property at 2489 Otter Point Rd in SOOKE

I have sold a property at 2489 Otter Point Rd in SOOKE.
ATTENTION DEVELOPERS! This gently sloping 4.93 acre parcel has just been re-zoned to RU5 (see supplements). Subject property runs East - West in between 2-5 acre parcels on both the north & south sides and a working farm (ALR) to the East.There is a small 3 Bdrm. home which is serviced with City water & septic. and a pond located towards the back SE corner. Property has been approved for a 7 lot bare land strata development with lot sizes ranging from 25,900 to 28,417 sq.ft. (see supplements). This offering represents a terrific opportunity to develop what would be a most desirable subdivision in a AAA location...constructing homes on some or all of the lots would only further enhance the profit margin. Despite the fact that the property is outside the Sewer Specified Area on lands designated as Community Residential the property may qualify as a good holding property as sewer currently runs along Helgesen Rd. approx. 1,000' to the south. Contact LS for additional information.
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