MARAHILLS GOLF RESORT DEVELOPMENT & AUCTION
MaraHills Golf Resort Auction Project: MaraHills is a master planned community located on Mara Lake, in Sicamous, BC. This beautiful 264 acre waterfront property boasts a marina, 18-hole golf course and future residential, commercial and recreational units. The lots will be created within several zones to be developed and marketed by auction, with a potential for development of a hotel, residential, recreational, RV lots, and 150 boat slips in the marina. RV / Resort properties will be sold by live and online auction, for investment and personal use.
Spring is fast approaching in beautiful Sicamous, British Columbia, and the development plans at MaraHills Golf Resort are keeping pace! We appreciate your interest in the planned auction of the bareland strata RV lots, as conducted by Lovig Auction Group Ltd., and we are excited to provide an update on the development process to date.
Where is the development process at?
The requisite applications have been commenced with the Columbia Shuswap Regional District (CSRD) and the Ministry of Transportation (MoT) to allow for the subdivision that will in turn create the bareland strata RV lots. We anticipate final approval from CSRD and MoT by the end of April, at which time we will complete the Disclosure Statement and accompanying information package that will allow for the pre-sale of the RV lots. Though we cannot guarantee the timely navigation through the development process, we are cautiously optimistic that the auction sale for the RV lots will occur on site in June or July, 2022.
In preparation for these approvals, our team has been hard at work with the initial clearing of the RV lots, revealing spectacular views of Mara Lake.
What will be available for sale?
The first phase of development at MaraHills Golf Resort will consist of up to 100 bareland strata RV lots, with an average size of 40 feet wide by 60 feet deep. Future residential phases are planned beyond that, along with amenities such as a pool, clubhouse, restaurant, retail space, and access to the marina and proposed rail trail.
When will we hear more?
We look forward to sharing more exciting updates as the development at MaraHills Golf Resort progresses. Information on the auction sale and the auction process, including bidder registration, the Disclosure Statement, viewing particulars and general sale information will be provided as we near the auction date.
A live auction accelerates the process of a real estate transaction and provides a fair and transparent way to transact real estate. All RV lots will be sold in one day with prices established by a live bidding process and sold to the highest bidder. The auction will be conducted on site at MaraHills Golf Resort, with the opportunity to attend virtually. The auction is conducted by Lovig Auction Group Ltd., a family business with a 60+ year history in the auction business that has sold more than $1 billion of real estate by public auction.
This is not an offering for sale. An offering for sale may only be made after filing a Disclosure Statement under the Real Estate Development Marketing Act. Contact us for further details as well as a copy of the Disclosure Statement when available. E & O.E.
The developer is 1029804 B.C. LTD. dba MaraHills Golf Resort.. Developer contact: phone: 778 699 2097 , email: lisa@pintowest.com, mail: 905, 1631 Dickson Avenue, Kelowna, BC, V1Y0B5