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Central Okanagan Real Estate Report July 24, 2018

Brenda Ellis

Brenda Ellis, most frequently known as Brell, is a partner, mom, grammie, friend and a REALTOR® you’ll want to connect with...

Brenda Ellis, most frequently known as Brell, is a partner, mom, grammie, friend and a REALTOR® you’ll want to connect with...

Oct 29 4 minutes read


Weekly Top Property –     320 Poplar Point Drive, Kelowna, V1Y 1Y1   

This rancher with basement has a 4,990 finished floor area, which was built in 2015.  Comes with 4 bedrooms and 5 washrooms, on a .0319 acre lot.  Listed on the market for $5,549,000.  It sold in 100 days, for $5,050,000.

   
Marketed as:

An architectural masterpiece perched above the waters of Lake Okanagan.  This spectacular waterfront estate is one of a kind and is complemented by amazing interior design. Extensive planning went into the creation of this spectacular property that features 4990 sq ft of indoor living space with an additional 2000 sq ft of Okanagan outdoor living space. Featuring a lakeside upper patio designed with two Nanowall units to bring the outdoor living inside and to enjoy the lake breeze. This home is equipped with a state of the art home automation smart system which allow you to control virtually every device in the home. The kitchen was designed for entertaining with top of the line Miele, wold and sub zero appliances. The living room features 16ft ceilings and is anchored by a massive linear Ortal gas fireplace. The main master suite is lakeside where you can wake up to the beautiful lake views from your custom built in king bed with hidden pop up television and fall asleep to the warmth of the 3 sided Ortal gas fireplace. The master is complete with full size dressing room with build in cabinetry, drawers and custom shoe wall. Off the master is a private outdoor covered lounge that leads you to the lower patio space featuring sunken hot tub and built in fire pit. The lower level is finished with 2 large bedrooms both with full en-suite bathrooms attached and one with a private patio, perfect spot for visiting guests.


Based on 2016 taxes = $16,370

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

Status: Sold (89)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$64,900
$55,000
10

1

Max
$5,549,000
$5,050,000
224
7
7
4990
Avg
$729,212
$702,322
53
3
3
1929
Sum
$64,899,898
$62,506,700




           

Criteria:  


MLS is 'OMREB'
Major Area is 'Central Okanagan'
Sold Date is 7/16/2018 to 7/22/2018
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'

Compared to last week


Status: Sold (107)

                        List Price       Sold Price      DOM   Beds   Total Baths    Finished Floor Area

Min     $74,900         $65,000         6          1          1          593

Max    $3,999,000    $3,500,000    301     7          5          4449

Avg     $614,499       $594,340       50       3          2          1879

Sum    $65,751,376 $63,594,413

 

Breakdown of the Sales for the Week
Lots & Acreages

6

Manufactured Homes

3

Recreational

0

Single Family Residential

44

Strata - Apartments

24

           - Townhouses

12

 

 



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