Central Okanagan Real Estate Report Sept. 3, 2018
Weekly Top Property – 17262 Coral Beach Road, Lake Country, V4V 1C1
This rancher has a 1,223 finished floor area, which was built in 1970. 3 bedrooms and 2 baths, on a 0.35 acre lot. Listed on the market for $ 1,550,000. It sold in 273 days, for
$1,430,000.
Marketed as:
Nestled on 95’ of GENTLY SLOPING lakeshore in the private community of Coral Beach you’ll find A quaint 3 bedroom, 2 bath beachfront home. This is an ideal family getaway or build your dream home. "Special value here as using the existing footprint of this home for a renovation will allow for closer proximity to to the lake than current zoning bylaws would allow for a new build”. The covered outdoor patio offers a hot tub and a perfect place to relax. Set in front of the home is a 40’ x 80’ patio for all your outdoor entertaining. A separate guest cottage compliments the setting. Great shade trees and plenty of parking for your toys and RV.
Here is a look at the basic statistics for residential real estate sales:
| Status: Sold (97) | |||||||
| List Price | Sold Price | DOM | Beds | Total Baths | Finished Floor Area | ||
| Min | $68,000 | $68,000 | 13 | 1 | |||
| Max | $1,550,000 | $1,430,000 | 273 | 7 | 7 | 5009 | |
| Avg | $532,184 | $514,952 | 70 | 3 | 3 | 1797 | |
| Sum | $51,621,887 | $49,950,333 | |||||
Criteria:
|
Compared to last week
| Status: Sold (116) | |||||||
| List Price | Sold Price | DOM | Beds | Total Baths | Finished Floor Area | ||
| Min | $49,000 | $45,000 | 3 | 1 | |||
| Max | $2,599,000 | $2,450,000 | 431 | 7 | 5 | 4985 | |
| Avg | $577,850 | $553,801 | 77 | 3 | 2 | 1707 | |
| Sum | $67,030,551 | $64,240,873 | |||||
| Breakdown of the Sales for the Week | |
| Lots & Acreages | 4 |
| Manufactured Homes | 6 |
| Recreational | 0 |
| Single Family Residential | 45 |
| Strata - Apartments | 23 |
| - Townhouses | 19 |