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Central Okanagan Real Estate Report April 30, 2018
Weekly Top Property – 3960 Todd Road, Kelowna, V1W 4B3
This rancher has a 7,185 finished floor area, which was built in 2009. Comes with 6 bedrooms and 6 washrooms, on a 7.85 acre lot. Listed on the market for $3,899,000. It sold in 42 days, for $3,400,000.
Marketed as:
Extraordinary private gated estate with breathtaking 360 degree panoramic views of the lake, city & valley! Sure to please the most discerning tastes, this exceptional 7.85 acre property features a state-of-the-art workshop for him, quaint workshop/cottage for her, 2 luxury residences, saltwater pool, hot tub, tennis court, 4-car garage and man-made lake with ample space to run & play. Approximately 2 acres of vineyard planted in Gewurztraminer grapes. Built for entertaining, the main 3 bedroom, 4 bath home is custom designed with quality craftsmanship throughout including crown mouldings, wainscotting, coffered ceilings, granite, hardwood & travertine flooring. Providing an open, 2-tone granite island view kitchen with high-end appliances, adjacent dining room, luxurious main floor master & 6-piece spa-like ensuite. The lower level boasts a large recreation room with expansive granite wet bar & custom cabinetry, his & her offices, home theater room and play area. The 3 bedroom, 3 bathroom guest residence overlooks the sprawling property and is perfect for visiting family & friends. Situated above the orchards & vineyards in a peaceful rural setting with beautiful mature landscaping.
Based on 2016 taxes = $7,910
Here is a look at the basic statistics for residential real estate sales:
| Status: Sold (121) | |||||||
| List Price | Sold Price | DOM | Beds | Total Baths | Finished Floor Area | ||
| Min | $68,500 | $64,000 | 6 | 1 | 1 | ||
| Max | $3,899,000 | $3,400,000 | 256 | 11 | 6 | 7105 | |
| Avg | $607,154 | $589,733 | 44 | 3 | 3 | 1857 | |
| Sum | $73,465,687 | $71,357,700 | |||||
Criteria:
MLS is 'OMREB'
Major Area is 'Central Okanagan'
Sold Date is 4/23/2018 to 4/29/2018
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'
Compared to last week
| Status: Sold (112) | |||||||
| List Price | Sold Price | DOM | Beds | Total Baths | Finished Floor Area | ||
| Min | $75,000 | $74,500 | 2 | 1 | 1 | ||
| Max | $4,800,000 | $4,300,000 | 346 | 7 | 4 | 4957 | |
| Avg | $573,296 | $558,532 | 53 | 3 | 2 | 1776 | |
| Sum | $64,209,198 | $62,555,584 | |||||
| Breakdown of the Sales for the Week | |
| Lots & Acreages | 6 |
| Manufactured Homes | 5 |
| Recreational | 0 |
| Single Family Residential | 58 |
| Strata - Apartments | 31 |
| - Townhouses | 21 |