Weekly Top Property –    1986 Abbott Street, Kelowna, V1Y 1C3

This house has a 4,422 finished floor area, which was built in 1973.  with 4 bedrooms and 5 baths, on a 0.67 acre lot, it Listed on the market for $6,298,000.  It sold in 21 days, for $5,745,000.  
      Marketed as:

WATERFRONT ESTATE RESIDENCE. Matching exclusivity with a welcoming beachside Okanagan residence, this 0.67 acre and 76 ft. of sandy beach front provides a rare level of privacy & southern Okanagan lake views. Dramatically renovated in 2016/2017, this 4422 sq ft luxury home boasts 3 bedrooms, 4 bathrooms with a 1 bedroom & 1 bath carriage house suite. Clean, contemporary & inviting with spectacular views through the vast walls of glass looking onto the many inviting outdoor spaces in the lush yard. The homes entertaining areas are bright & open yet provide quiet spaces perfect for a slower, relaxed pace. The entrance leads to entertainment size principal rooms with high ceilings & feature fireplace, formal sitting area & gourmet kitchen boasting a 6 burner stove, sub zero fridge & grand marble island. Upstairs, the master suite provides a private water side terrace & features a walk-in dressing area with a beautiful ensuite bathroom.

Based on 2017 taxes = $21,694

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

Status: Sold (112)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$59,000
$55,000
8

1

Max
$6,298,000
$5,745,000
1098
6
8
7413
Avg
$624,965
$607,878
64
3
3
1892
Sum
$69,996,074
$68,082,297





Criteria:  

MLS is 'OMREB'

Major Area is 'Central Okanagan'

Sold Date is 5/21/2018 to 5/27/2018

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

Compared to last week

Status: Sold (131)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$42,500
$38,000
7

1

Max
$3,998,000
$3,849,000
254
7
6
7237
Avg
$586,165
$574,091
47
3
3
1826
Sum
$76,787,584
$75,205,887




 

Breakdown of the Sales for the Week
Lots & Acreages

6

Manufactured Homes

7

Recreational

0

Single Family Residential

60

Strata - Apartments

23

           - Townhouses

16