Lakeview Terrace Marquis Rm No. 191, Saskatchewan S0H 2X0

$998,000

Investment Summary: Buffalo Pound Lake Development 257 - Acre Prime Lakefront Opportunity This exceptional parcel on the southwest shore of Buffalo Pound Lake offers a rare combination of proven sales velocity, existing infrastructure, and significant expansion potential. Whether as a legacy holding or an active development project, the groundwork for success has already been laid. --- Development Status Phase One: Proven Market Demand · Total Lots: 13 Subdivided lots. · Sales Success: 12 of 13 lots sold. · Average Sale Price: $86,500 per lot. · Inventory: 1 remaining lot (previously listed at $59,000). Phase Two: Immediate Growth Potential · Expansion: Planned 8-lot phase. · Due Diligence: Preliminary geotechnical work and surveys completed (2017). · Access: Designated land for future secondary road access directly from Sand Point Road. --- Infrastructure & Logistics Ready-to-Build: Power and gas mains are already located within the development, significantly reducing upfront capital requirements and technical barriers for future phases. · Proximity: Easy driving distance to Regina and Moose Jaw, making it an ideal location for both seasonal retreats and permanent residences. · Additional Income Source: Approximately 33 acres of cultivated farmland currently rented out, providing holding income while development planning progresses. --- Why This Opportunity? Feature Benefit Proven Track Record 92% of Phase One lots sold, validating buyer demand. Reduced Risk Utilities on-site and preliminary geotechnical studies already performed. Scalability 265 total acres allows for substantial long-term master planning. (id:62517)

Property Details

Building

Land

https://www.realtor.ca/real-estate/29750987/lakeview-terrace-marquis-rm-no-191-buffalo-pound-lake