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September 17, 2018 Central Okanagan Residential Real Estate Sales

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 –      2749 Shannon Lake Road, West Kelowna, V4T 1V6

This house has a 1,182 finished floor area, which was built in 1924. 2 bedrooms and 2 baths, on a 2.933 acre lot.  Listed on the market for $2,500,000.  It sold in 410 days, for  $2,300,000.      

   Marketed as:

The last acreage on the water and it's NOT ALR! This fantastic 2.933 acre waterfront property is beautifully setup for horses but holds huge potential for redevelopment. Buy a little piece of heaven or design a new plan, build some dream homes and create a luxury lake side development with views from every lot. Nice flat location at the top of the property with a sloping descent to the waters edge below. Fully renovated older home on site plus a gorgeous post and beam barn. (home sqft taken from BC assessment).

Based on 2016 taxes = $3,571

Here is a look at the basic statistics for residential real estate sales:

Status: Sold (86)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$34,900
$28,500
12
1
1

Max
$2,500,000
$2,300,000
410
9
6
7127
Avg
$627,899
$608,481
67
3
3
2124
Sum
$53,999,290
$52,329,400




           
Criteria:  

MLS is 'OMREB'
Major Area is 'Central Okanagan'
Sold Date is 9/10/2018 to 9/16/2018
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'

Compared to last week

Status: Sold (101)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$49,000
$50,000
3

1

Max
$1,550,000
$1,515,000
693
6
6
4369
Avg
$556,808
$542,733
67
3
3
1895
Sum
$56,237,652
$54,816,074




 

Breakdown of the Sales for the Week
Lots & Acreages

3

Manufactured Homes

9

Recreational

0

Single Family Residential

56

Strata - Apartments

12

           - Townhouses

6


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