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North Okanagan Real Estate Report - June 4, 2018

Weekly Top Property -      #3 55 Kalamalka Lakeview Drive, Vernon, V1H 1L7

This house has a 5,587 finished floor area, built in 1990 with 5 bedrooms and 5 baths on a 7.109 acre lot.  Listed on the market for $1,698,000.  It sold in 59 days, for $1,550,000. 

                
Marketed as:

Custom-built 7 bdrm 5 bath log home overlooking Kalamalka Lake! Offering unobstructed, panoramic views, this 5,500 sq.ft. masterpiece is nestled on 7 acres of semi-lakefront with access to Okanagan Rail Trail & the lake. 2 level entry, 1 bdrm suites offer plenty of opportunities. Superior craftsmanship abounds with soaring 25 ft vaults supported by solid, log beams, massive, floor to ceiling windows framing breathtaking views & soaring, 25 ft fieldstone fireplace. This open, great rm plan offers sunken living room, spacious open dining, huge island kitchen, custom-crafted cabinets, tons of counter space, pantry storage, raised eating bar & breakfast nook surrounded by lake views! The mn floor master features customized closets, 3 pce ensuite & access to the deck & yard. 2nd bdrm on the mn, 4 pce bath & laundry/mud rm with plenty of storage & access to the 2 car garage. Solid wood staircase to upper loft/library, 3 pce bath & 2 additional bdrms with vaulted ceilings & spectacular lake views. Fully finished down with play room, 5th bdrm & bright, family size rec room, free standing wood stove, large corner windows & level access to covered patio & yard. Large, detached garage offers tons of attic storage plus full-size workshop, 220 power & hot/cold running water.  Upgrades including reverse osmosis, b/i central vac, security system, fresh paint & new flooring. Greenhouse, shed, gardens & so much more.

Based on 2016 taxes = $4,595

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

Status: Sold (72)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$104,500
$104,500
1
1
1

Max
$1,698,000
$1,550,000
572
7
5
6318
Avg
$459,989
$450,110
81
3
3
1815
Sum
$33,119,200
$32,407,939





Criteria: 


MLS is 'OMREB'
Major Area is 'North Okanagan'
Sold Date is 5/28/2018 to 6/3/2018
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'
 

Compared to last week

Status: Sold (39)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$159,900
$160,400
11
1
1

Max
$1,250,000
$1,250,000
617
5
4
3889
Avg
$487,418
$478,001
85
3
2
2000
Sum
$19,009,300
$18,642,050




 

Breakdown of the Sales for the Week
Lots & Acreages

7

Manufactured Homes

3

Recreational

0

Single Family Residential

46

Strata - Apartments

5

            - Townhouses

11

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