Location

14-Acre Lakeview Estate

Kelowna, BC

Auction Date & Time

Thursday October 5, 2017 at 7:00PM PDT

Registered bidders only. Contact Platinum to obtain registration information.

Property Specs

5 BD / 5 BA / 1 Half BA (total)

+/- 10,131 sq. ft. (interiors)

Built: 1996 / Renovated: 2017

Lot Size: 14.5 acres

Property Previews

Beginning September 4th, Property Previews by Appt. from 12 – 5PM PDT, until the Auction date.

Inquiries? 800.419.1629

Access the Document Portal & Bidder's Brochure!

Access the Document Portal to view the Bidder’s Brochure, in addition to important Auction and Property documents such as property disclosures, site plans, and more.

The Property

PREVIOUSLY OFFERED FOR $6.5 MILLION. NOW SELLING WITHOUT RESERVE! Situated on 14.5 acres, this beautiful Property is just 15 minutes from both 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 within the nearly 10,000 sf structure open to the outdoors.

Built in 1996 and renovated extensively in 2017, this classically styled home fits beautifully into the surrounding landscape. There are 5 bedrooms, 5 full and 1 half baths, while a bonus room above the spacious, three-car garage provides a separate suite suitable for nanny or guest quarters.

Prominent features of the Property include a grand salon with soaring, 22-ft ceilings, a large terrace overlooking the salt-water pool, a gourmet kitchen with professional-grade Thermador appliances, a den/office and a billiards room finished in Honduran mahogany. The sumptuous master suite is set in a private wing on the upper level, and includes a soaking tub and steam shower.

In addition to the poolside terrace that boasts lake and city views, the home’s outdoor spaces overlook acres of orchards currently planted for Gala apples. The soil, recently tested by a local winery, was found to be suitable for wine grapes and excellent for cherries.

 

Additional Property features and information can be found within the luxury auction® Bidder’s Brochure, located within the Document Portal.

The Community

KELOWNA, B.C. Located in the southern interior of British Columbia, Kelowna is the third-largest metropolitan area in the province and is home to the head office of the Regional District of Central Okanagan. Named in 1892 after the local word for “grizzly bears,” the province was first populated over 9,000 years ago by the native Syilx, who continue to 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 F (-3 degrees C) in the winter and hot, dry summers where temps can sometimes exceed 90 degrees F (32 degrees C). The average year-round high temperature is approx. 55 degrees F (14 degrees C), one of the highest Canada.

Much of the city is located around Okanagan Lake, a 135 km-long by 4-5 km-wide body of water in B.C.’s Okanagan Valley. The lakeside landscape is known for is terraces – a characteristic for which the broader Okanagan is known –

which often feature beautiful fruit orchards. The shores of Okanagan Lake are also home to many parks and beaches. Boating and water sports are popular activities in residential lakefront areas, especially during the warmest months of the year.

Once just a summer tourist destination, Kelowna is rapidly evolving, and is one of the fastest-growing cities in Canada. It was also ranked as the top entrepreneurial city in Canada in 2016. The city seems 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.

The Location

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 1850’s drew many settlers to the region, and growth continued at a rapid pace to the current day. In fact, 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 such as 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 a service industry that provides jobs to 72% of residents.

While 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.

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, Inc. is a federally incorporated Canadian corporation (#1035110-5) performing auction-marketing services as part of this transaction, and is not performing any real estate brokerage services where
prohibited.

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