4950 Frost Rd., Kelowna, B.C.
Asking worth: $5.680-million
Promoting worth: $5.558-million
Taxes: $7,345 (2021)
Days on market: 22
Purchaser’s agent: Richard Deacon, Engel & Volkers Okanagan
Agent Richard Deacon stated the property was owned by a distinguished Kelowna businessman who had lived on the property for many years. The consumers are retirement-age empty nesters from Kelowna who have been upsizing and seeking a interest farm.
Mr. Deacon stated they made the one provide, topic to inspection.
“My shoppers hadn’t even offered their place. However these don’t come up usually. That is most likely one of many extra central acreages left in Kelowna. It wasn’t in the marketplace lengthy,” Mr. Deacon stated.
The sale accomplished Dec. 15.
What they received
This conventional four-bedroom, six-bathroom home within the Higher Mission neighbourhood has a protracted gated driveway and sits on 15.8 acres, with views of Lake Okanagan and downtown Kelowna.
The 5,451-square-foot, two-storey home, in-built 1998, is surrounded by 11 acres of a leased cherry orchard. There’s a two-bedroom home for the caretakers, who’re staying on with the brand new homeowners.
The primary home comes with a three-car storage, outside pool, tennis court docket and sufficient flat space for a helicopter pad.
The agent’s take
“The market went quiet for just a few weeks in December, and it has actually picked again up. It’s a stronger begin to the yr than final yr. I hope it calms a bit, personally, as a result of a frenzy is rarely good,” Mr. Deacon stated.
Your own home is your most precious asset. We now have a weekly Actual Property e-newsletter that will help you keep on high of stories on the housing market, mortgages, the most recent closings and extra. Join at this time.