September 17, 2018 Central Okanagan Residential Real Estate Sales
Weekly Top Property – 2749 Shannon Lake Road, West Kelowna, V4T 1V6
This house has a 1,182 finished floor area, which was built in 1924. 2 bedrooms and 2 baths, on a 2.933 acre lot. Listed on the market for $2,500,000. It sold in 410 days, for $2,300,000.
The last acreage on the water and it's NOT ALR! This fantastic 2.933 acre waterfront property is beautifully setup for horses but holds huge potential for redevelopment. Buy a little piece of heaven or design a new plan, build some dream homes and create a luxury lake side development with views from every lot. Nice flat location at the top of the property with a sloping descent to the waters edge below. Fully renovated older home on site plus a gorgeous post and beam barn. (home sqft taken from BC assessment).
Here is a look at the basic statistics for residential real estate sales:
| Status: Sold (86) | |||||||
| List Price | Sold Price | DOM | Beds | Total Baths | Finished Floor Area | ||
| Min | $34,900 | $28,500 | 12 | 1 | 1 | ||
| Max | $2,500,000 | $2,300,000 | 410 | 9 | 6 | 7127 | |
| Avg | $627,899 | $608,481 | 67 | 3 | 3 | 2124 | |
| Sum | $53,999,290 | $52,329,400 | |||||
Criteria:
MLS is 'OMREB'
Major Area is 'Central Okanagan'
Sold Date is 9/10/2018 to 9/16/2018
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'
Compared to last week
| Status: Sold (101) | |||||||
| List Price | Sold Price | DOM | Beds | Total Baths | Finished Floor Area | ||
| Min | $49,000 | $50,000 | 3 | 1 | |||
| Max | $1,550,000 | $1,515,000 | 693 | 6 | 6 | 4369 | |
| Avg | $556,808 | $542,733 | 67 | 3 | 3 | 1895 | |
| Sum | $56,237,652 | $54,816,074 | |||||
| Breakdown of the Sales for the Week | |
| Lots & Acreages | 3 |
| Manufactured Homes | 9 |
| Recreational | 0 |
| Single Family Residential | 56 |
| Strata - Apartments | 12 |
| - Townhouses | 6 |