Development Potential

Lot 2-1123 Richards Street W, Nelson, BC

  • $4,250,000
  • 0 BEDS
  • 0 BATHS
  • 13.12 acres Land
  • Lot 2-1123 Richards Street W, Nelson, BC
  • 0 BEDS
  • 0 BATHS
  • 13.12 acres Land
  • $4,250,000

Key Facts

  • MLS ID: 2439439
  • Property Type: Development, Other
  • Lot Size: 13.12 acres
  • Municipal Taxes 2018: $5,427

Property Description

Only by Sotheby’s proudly presents this exceptional 16 acres development opportunity within the city of Nelson BC, dubbed “the prettiest small town in Canada” by the New York Times. With stunning views of the Selkirk mountains and Granite Pointe golf course, this gently sloping irregular parcel with two street accesses provides for creative site layouts and logical blocks sizes matching current absorption rates. R2+ zoning enables a minimum 300-unit doors and 10,000 sq ft commercial Baker Street style plaza for micro business destinations. The golf course and Nordic trails with plenty of walking paths enrich the amenities package to this signature development. Nelson is a year-round recreation centre with a vibrant arts scene that appeals to the full demographic spectrum yielding some of the highest residential values in the Kootenays. Seize the moment to integrate your masterplan with your team on your terms on your timeline.


  • Acreage
  • Boating
  • City
  • Clubhouse
  • Community Living
  • Country
  • Country Club
  • Country Living
  • Cycling
  • Easement
  • Fishing
  • Golf
  • Golf Community
  • Hiking
  • Lake
  • Lake view
  • Mountain
  • Mountain
  • New Development
  • Patio
  • River View
  • Scenic
  • Ski (Snow)
  • Ski (Water)
  • Sprinkler System
  • Tennis
  • Tennis Court(s)
  • Water View

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Area Description

The following will be required by the City of Nelson at the minimum:
- Neighborhood Plan indicating environmentally sensitive areas; local and major roads; approximate lot layout patterns; residential housing mix, densities and heights; commercial land allocations; design guidelines; public use sites; and active transportation linkages internally and externally;
- Traffic Impact Study
- Formalize the publicly accessible walkway through statutory rights-of-way or other agreement as acceptable to the City;
- Infrastructure and Servicing Plan, demonstrating proof of exploration of a net-zero impact to City infrastructure; and,
- Demonstration of adherence to the goals, objectives and guiding sustainability principles outlined in the Path to 2040 Sustainability Plan as applicable

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