July 2, 2022

Engel & Völkers Okanagan

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

The motion

The 5,451-square-foot, two-storey home was in-built 1998.Engel & Völkers 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

The home is surrounded by 11 acres of a leased cherry orchard.Engel & Völkers Okanagan

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 primary home comes with a three-car storage, outside pool, tennis court docket and sufficient flat space for a helicopter pad.Engel & Völkers Okanagan

“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.

See also  Apple’s low-cost 5G iPhone SE ought to increase firm’s enchantment in Asia, analysts sayMarch 9, 2022

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.