Unique 8.718 acre mixed-use residential development site on Peanut Lake in downtown Osoyoos within short walking distance to shopping and Lake Osoyoos. Development land area is approximately 6 acres with waterfrontage of 450 feet on Peanut Lake. Current CD8 zoning allows for a phased mixed-use high-density residential development. The zoning provides for commercial development fronting onto Main Street (Highway 3) plus three mid-rise residential buildings with a combined total density of 237 dwelling units facing Peanut Lake. Views of Lake Osoyoos and valley may be achievable depending on the individual building heights and site topography. CD8 zoning allows the site to be strategically developed based on market demand.