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Central Okanagan Real Estate Report Sept. 3, 2018

Brenda Ellis

Brenda Ellis, most frequently known as Brell, is a partner, mom, grammie, friend and a REALTOR® you’ll want to connect with...

Brenda Ellis, most frequently known as Brell, is a partner, mom, grammie, friend and a REALTOR® you’ll want to connect with...

Oct 29 3 minutes read


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.

Based on 2018 taxes = $7,443

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:  





MLS is 'OMREB'
Major Area is 'Central Okanagan'
Sold Date is 8/27/2018 to 9/2/2018
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'

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


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