5055 Ridge is a rare and highly strategic development opportunity in Shuswap Lake’s popular community, Eagle Bay. Combining scale, infrastructure, and regulatory readiness into a single, de-risked asset. Spanning approximately 155 acres, the properties potential is positioned for a 54-lot subdivision, with each lot averaging 2.5 acres. What truly sets Ridge apart is its fully operational and licensed private water utility—an asset that dramatically reduces both development cost and timeline. The system includes a 632,000-litre reservoir, multiple wells, and nearly 6 km of distribution infrastructure, currently servicing over 100 connections with capacity for significant expansion. Key reports include: geotechnical, septic, wastewater, and engineering—are complete and support the subdivision with no identified barriers to approval. Road infrastructure is substantially in place, and the project is effectively near being application-ready. Zoned RR1 and aligned with the Official Community Plan, the property supports low-density residential use with the ability for two dwellings per lot, enhancing long-term value and flexibility. Call for more information. (id:2493)
Data was last updated March 21, 2026 at 06:45 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$349,900
Min list price:
$189,000
Max list price:
$5,749,900
Avg days on market:
74
Min days on market:
0
Max days on market:
611
These statistics are generated based on the current listing's property type
and located in
Eagle Bay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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