Gem Vacant Lots & Real Estate

Vacant lots in Gem are undeveloped parcels of land available for purchase, typically used for new construction, infill development, or custom home building. They range in size and price depending on location and zoning.

• Infill lots: Existing lots in established neighborhoods ready for new homes
• Custom home lots: Larger parcels for building your dream home
• Development land: Multi-lot parcels for builders and developers

Vacant lot prices in Gem vary based on size, location, and zoning. Average prices range from $250,000 to $600,000+ for premium locations.

• Standard infill lots: $250,000 - $400,000
• Premium locations: $400,000 - $600,000
• Riverfront or view lots: $600,000+
• Multi-lot parcels: Custom pricing based on development potential

Contact a local REALTOR® for current market pricing and available listings.

Yes, many vacant lots in Gem are zoned for residential construction. You will need to:

• Verify zoning and land use bylaws
• Obtain necessary building permits
• Work with a qualified builder
• Ensure utility connections are available
• Check for any restrictive covenants

A local REALTOR® can guide you through the process and connect you with trusted builders.

Key considerations when buying a vacant lot:

• Zoning and land use: Verify what can be built
• Utility availability: Water, sewer, power, gas connections
• Flood plain designation: Check flood risk and insurance
• Lot size and shape: Ensure it suits your building plans
• Access: Road access and easements
• Future development: Area plans and neighboring properties
• Site preparation costs: Clearing, grading, and servicing

Yes, Gem offers excellent infill development opportunities. Many older homes on large lots are being replaced with modern infill homes.

• Established community with mature trees
• Large lots suitable for new construction
• Close to amenities and transit
• Strong demand for new homes in the area
• Potential for increased property values