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10 Acres Lakefront Plus 28 Acres Forested And Future Commercial Land For Sale

Sicamous, British Columbia, Canada
Asking Price:
$9,300,000 (CAD)
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Located on the beautiful Mara Lake in Sicamous BC, this parcel of land is serviced and comes with approved development permits for the first 2 phases of construction.

Approved Development: Mara Lakeside Resort & Wellness Village will be one of Canada's first Wellness Communities. It is located in one of the most popular tourist destinations in BC and boasts 10 acres along the west facing shore of Mara Lake with 2.5 acres of protected natural forestation, 1,000 ft. of beach and 28 additional acres of land for future amenity/commercial use. A 150 slip deep water Marina is approved for this site and offers incredible value.

4 acres on the north side of the creek will become Canada's first "Wellness Village" which will consist of four wellness focused condo buildings with a planned total of 252 living units in various sizes and configurations (Density could be increased). The first phase of the 73 suite resort has the concrete foundation poured and is ready for pre-sales to start and construction to resume. Phase 2 is approved for a 47 suite development.

A Revitalization Tax Exemption Approved for up to 10 years.

Planned amenities in the resort include:

• 5,000 sq.ft. wellness centre
• 1,600 sq.ft. fitness centre.
• Lakefront restaurant
• Social lobby lounge
• Conference facility
• Grab & go deli
• Large pool and hot tub
• Communal BBQ area
• Above grade parkade
• 150 slip deep water marina.
• Outdoor amphitheater and bandstand

Property Information

Real Estate:

Real Property Included

Location:

Sicamous is located at the junction of the Trans Canada Highway & Highway 97A (south to Kelowna) in BC and situated along a channel that joins Mara Lake with Shuswap Lake. Between the two lakes there is approximately 1,000 kms (620 sq. miles) of contiguous rustic shoreline and 550 sq kms (345 sq. miles) of crystal blue, clean water.

Other Information

Related Documents:

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