Weekly Top Property –      3960 Todd Road, Kelowna, V1W 4B3

This rancher has a 7,185 finished floor area, which was built in 2009.  Comes with 6 bedrooms and 6 washrooms, on a 7.85 acre lot.  Listed on the market for $3,899,000.  It sold in 42 days, for $3,400,000. 

Marketed as:

Extraordinary private gated estate with breathtaking 360 degree panoramic views of the lake, city & valley! Sure to please the most discerning tastes, this exceptional 7.85 acre property features a state-of-the-art workshop for him, quaint workshop/cottage for her, 2 luxury residences, saltwater pool, hot tub, tennis court, 4-car garage and man-made lake with ample space to run & play. Approximately 2 acres of vineyard planted in Gewurztraminer grapes.  Built for entertaining, the main 3 bedroom, 4 bath home is custom designed with quality craftsmanship throughout including crown mouldings, wainscotting, coffered ceilings, granite, hardwood & travertine flooring. Providing an open, 2-tone granite island view kitchen with high-end appliances, adjacent dining room, luxurious main floor master & 6-piece spa-like ensuite. The lower level boasts a large recreation room with expansive granite wet bar & custom cabinetry, his & her offices, home theater room and play area. The 3 bedroom, 3 bathroom guest residence overlooks the sprawling property and is perfect for visiting family & friends. Situated above the orchards & vineyards in a peaceful rural setting with beautiful mature landscaping.


Based on 2016 taxes = $7,910

Here is a look at the basic statistics for residential real estate sales:

Status: Sold (121)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$68,500
$64,000
6
1
1

Max
$3,899,000
$3,400,000
256
11
6
7105
Avg
$607,154
$589,733
44
3
3
1857
Sum
$73,465,687
$71,357,700




Criteria:  

MLS is 'OMREB'

Major Area is 'Central Okanagan'

Sold Date is 4/23/2018 to 4/29/2018

Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'

Compared to last week

Status: Sold (112)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$75,000
$74,500
2
1
1

Max
$4,800,000
$4,300,000
346
7
4
4957
Avg
$573,296
$558,532
53
3
2
1776
Sum
$64,209,198
$62,555,584




 

 

 

 

 

 

 

Breakdown of the Sales for the Week
Lots & Acreages

6

Manufactured Homes

5

Recreational

0

Single Family Residential

58

Strata - Apartments

31

           - Townhouses

21