Lot A Madsen Road • Radium Hot Springs

Residential Lots And Acreages • MLS # 2428782 • $2,299,000

$2,299,000

Lot A Madsen Road / Radium Hot Springs

Details

MLS # 2428782
Status For Sale
Address Lot A Madsen Road
Location Radium Hot Springs
Property Type Residential Lots And Acreages
Property Size 9.920 Acres

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Description

Rare opportunity to acquire Radium Benchlands, a shovel ready development opportunity on 9.92 acres, bordering Kootenay National Park on two sides and within municipal boundaries. The property is located on a ridge above the village of Radium Hot Springs, amongst naturally attractive surroundings and boasting spectacular elevated views over the Columbia Valley. Walking distance to all tourist amenities (restaurants, shops), hiking trails to Radium Hot Springs Pools from the property. Short drive to local amenities: Golf courses, mountain biking, hiking, Lake Windermere, downtown shopping and restaurants in Radium and Invermere. Only 3 hours from Calgary, AB. C-2 zoning permits a wide variety of uses but the highest and best use for this property looks to be multi-family, which would potentially allow approximately 222 units of low rise apartment style units or 80 townhomes or a mixture of both. Geotech slope stability setbacks complete. Fire guarded. Easements for utility corridors surveyed.

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