14-Acre Lakeview Estate
Auction Date & Time
Thursday October 5, 2017 at 7:00PM PDT
Registered bidders only. Contact Platinum to obtain registration information.
5 BD / 5 BA / 1 Half BA (total)
+/- 8,992 sq. ft. (main residence);
+/- 1,139 sq. ft. (caretaker / guest quarters)
Built: 1996 / Renovated: 2017
Lot Size: 14.5 acres
Beginning September 15th, Property Previews by Appt. from 9am-1pm PDT, until the Auction date.
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PREVIOUSLY OFFERED FOR $6.5 MILLION. NOW SELLING WITHOUT RESERVE! Situated on 14.5 acres, this beautiful Property is just 15 minutes from the natural beauty of Okanagan Lake and the dynamic atmosphere of downtown Kelowna. The serene, gated estate was built to take advantage of the mild weather and impressive vistas of the region, and many rooms in its nearly 9,000 sf open to the outdoors. Built in 1996 and renovated extensively in 2017, this classically styled home fits beautifully into the surrounding landscape. There are 4 bedrooms, 4 full and 1 half bath in the main residence, while a separate apartment above the spacious three car garage adds an additional bedroom and full bath. Prominent features of the Property include a Great Room with soaring 22-ft ceilings and access to a deck overlooking the salt-water pool, a gourmet kitchen with professional grade Thermador appliances, a den/office and billiards room finished in Honduran mahogany, and a Master Suite set in a private wing on the upper level complete with soaking tub and steam shower.
In addition to a poolside terrace that boasts lake and city views, the home’s outdoor spaces overlook acres of orchards currently planted to Gala apples. The soil, recently tested by a local winery, was found to be suitable for wine grapes; cherries would also thrive. An additional, adjacent 13-acre parcel will be offered for purchase upon the sale of the home, creating a unique opportunity to own nearly 30 acres in this pristine landscape.
Additional information on this impressive luxury auction® is coming soon…
KELOWNA, BC. Located in the southern interior of British Columbia, Kelowna is the third largest metropolitan area in the province and the head office of the Regional District of Central Okanagan. Named in 1892 after the local word for grizzly bears, the province was first peopled over 9,000 years ago by the native Syilx, who live in the region to this day. A humid continental climate makes Kelowna relatively mild when compared to Canada as a whole, with average lows near 26 degrees Fahrenheit (-3 degrees Celsius) in the winter and hot, dry summers. The average year-round high is approx. 55 degrees Fahrenheit (14 degrees Celsius), one of the highest in the country.
Once just a summer tourist destination, Kelowna is changing as is evidenced by its rankings as one of the fastest growing cities in Canada and the top entrepreneurial city in Canada in 2016. The Okanagan is home to over 17,000 businesses, including wineries, ski resorts, golf courses and technology ventures. It is poised to become a center of British Columbia and is upgrading infrastructure accordingly – the international airport, hospital, colleges and universities have all seen significant expansion in recent years. These amenities provide economic security, opportunity and recreation for residents who choose to call the vibrant young city home.
BRITISH COLUMBIA, CA. The westernmost province of Canada, British Columbia has a population of more than four million and is the fifth largest province in Canada by total area. Though the First Nations (the native people of Canada south of the Arctic) have inhabited the land for over 10,000 years, the first modern settlement occurred in 1843 at Fort Victoria on Vancouver Island, giving rise to the city of Victoria, which is still the capital of the province. A gold rush in the late 1850s drew many settlers to the region, and growth continued at a rapid pace to the current day: the first quarter of 2016 brought the largest number of interprovincial migrants in the country to British Columbia. In addition, the province was a major destination for many immigrants from Hong Kong prior to that colony’s return to China in 1997.
Modern British Columbia is powered by tourism due in part to the climate, which is mild enough to encourage four seasons of outdoor activities including water sports, hiking, rock climbing, skiing, mountaineering, hunting and fishing. The region’s spectacular scenery and dramatic views, however, are the primary draw for tourists, and are the genesis of the service industry that provides jobs to 72% of residents. There is little arable land in British Columbia, but the land that is farmable is very fertile especially in the region surrounding Okanagan Lake, where orchards of apples and cherries and acres of wine grapes grow. Seven of Canada’s thirty-nine national parks are located in the province and many animals that have become rare in the United States thrive here, but human population is increasingly drawn to the coastal areas: over half of all British Columbians reside in the Vancouver Metropolitan area.
Property listed and offered for sale by Coldwell Banker Horizon Realty. Listing Agents Jane Hoffman (Lic# 054314) and Kristy Huber (Lic# 100379). Platinum Luxury Auctions LLC is performing auction-marketing services as part of this transaction, and is not performing any real estate brokerage services where prohibited.
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