LOTS IN SUMMERLAND
There are “lots of lots” for sale in Summerland, and not many solds:
5 mls sales in Summerland 2009, 2 in the new Trout Creek subdivision sold to the same family represented by REMAX, one in Jewel Place (originally marketed by REMAX) and one waterfront lot for $965,000!
Those 5 sales pale in comparison to the supply of 63 active listings. There are 6 “developments” still trying to sell out their “newly created” lots, which comprise most of this supply. Many lots in Summerland are “bare land strata” which means they are in a strata community of lots.
For example, starting at $169,900 there are some available, but not yet registered by the developer (PRE-SALES, not a very positive phrase these days!)
The lowest price lakeview lot is $196,500, with an accepted offer in place by a local builder. (now sold firm)
5 for sale, 1 acre lots on Bentley & Sawyer from $229 to $399 listed with REMAX
5 for sale, Britton in Trout Creek from $235 to $285
3 resales, Rock Garden Estates on Cedar bare land strata $139 to $159 (originally marketed by REMAX)
2 on Hayes, lakeview $319 & $349 .4 acre each
Summerland Vistas on Herron Rd 14 for sale, bare land strata lots .12 to .16acres $159,900 to $172,900 not yet titled
Jewell Place 4 resales from $249,000 to $325,000 (2 active with REMAX)
2 on Nicola Place at $189,900 .23 and .4 acre near Glenfir School
Walton $204 to $219 3 lots