*PEACHLAND DEVELOPMENT OPPORTUNITY: SHOVEL-READY MODULAR HOME COMMUNITY* Rare opportunity to acquire or partner on a fully analysed 20acre residential development site in Peachland. The project is a shovel-ready plan to convert underutilised industrial land into a 105-unit, master-planned modular home community. This opportunity addresses Peachland's need for attainable housing and is positioned for strong developer and investor returns. The land is wholly owned, unencumbered, and supported by extensive technical groundwork, with all major development risks identified and mitigated. The proposed concept features approximately 105 detached modular homes (1,200-1,700 sq. ft.) targeting retirees, down-sizers, and attainable ownership buyers. Key advantages include faster construction timelines, predictable pricing, and proven demand in the Okanagan. Phase 1 financials project a gross profit of ~$22.6M, with Phase 2 offering an upside of ~65 additional units. Servicing and infrastructure costs have been fully identified and budgeted. OCP amendment and rezoning are the remaining steps. *OPTION 2 INDUSTRIAL PARK* Keep the zoning as is and continue with the Industrial Park. The existing 40×100 warehouse and property are leased out for approximately $16,000 a month. Opportunity to build 7 more warehouses with 1 site already prepped and ready to poor concrete for a 50×100 warehouse.. Sewer, septic, water and gas to the existing warehouse. Seller will entertain Joint Venture (id:35966)
5460 Mcdougald RoadPeachland, British Columbia, V0H1X8
Listing Details
Property Details
- Full Address:
- 5460 McDougald Road, Peachland, British Columbia
- Price:
- $ 11,500,000
- MLS Number:
- 10374058
- List Date:
- January 29th, 2026
- Neighbourhood:
- Peachland
- Lot Size:
- 20.61 ac
- Year Built:
- 2018
Interior Features
Building Features
- Sewer:
- Septic tank
- Water:
- Municipal water
- Roof:
- Metal, Unknown
- Exterior:
- Metal
- Garage:
- RV, Additional Parking
- Ownership Type:
- Freehold
Floors
- Finished Area:
- 4000 sq.ft.
Land
- Lot Size:
- 20.61 ac
- Current Use:
- Industrial
Neighbourhood Features
Ratings
Commercial Info
Location
Neighbourhood Details
REALTOR® Details
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