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September 24, 2018 North Okanagan Residential Real Estate

Weekly Top Property -     1199 Mountain View Road, Armstrong, V0E 1B8

This 2 story house has a 7,598 finished floor area, which was built in 2005.  Comes with 7 bedrooms and 6 baths, on a 39.7 acre lot.  Listed on the market for $2,380,000.  It sold in 86 days, for $2,000,000. Marketed as:

39.7 ACRES of farmland in Armstrong BC. The irrigation well has a log that reads 400+ US GPM with underground hookups throughout the property and the domestic well that has a log reading 100+ US GPM. Beautiful energy efficient 2005 Main residence boasts 7598 sq ft with 7 bedrooms and 6 full bathrooms when you include the 3 bed 2 bath suite with it's own driveway and storage shed. Geothermal heating and air-conditioning for main house and suite, 2 large hot water tanks, built in vacuum and heated floor on lower level. Large 1632 sqft covered wrap around deck. The 980 sqft 2 bed 1 bath 2nd residence with den/storage room, 9’ceilings, new roof 2017, separate driveway and storage shed, large deck. Great for a large family or income potential. Outbuildings include a 2200 sq ft garage / shop / commercial kitchen and carport, 2 pole sheds 40'x40' and 30'x80'. A insulated workshop 38'x38' with power. The main residence features a master bedroom on the main and 3 bedrooms up including a master bedroom with a huge walk-in closet, 5 pce en-suite & private deck.

 


Based on 2016 taxes = $5,434

    

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

Status: Sold (29)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$79,900
$70,000
15

1

Max
$2,380,000
$2,000,000
585
7
8
7598
Avg
$612,128
$575,669
102
4
3
2246
Sum
$17,751,699
$16,694,400




  


Criteria: 

 MLS is 'OMREB'

Major Area is 'North Okanagan'

Sold Date is 9/17/2018 to 9/23/2018

Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'

  

Compared to last week

 

Status: Sold (45)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$89,900
$75,000
1
1
1

Max
$1,499,000
$1,345,000
272
6
4
4180
Avg
$481,996
$458,797
76
3
2
1673
Sum
$21,689,800
$20,645,875




 

 

 

 

Breakdown of the Sales for the Week
Lots & Acreages

1

Manufactured Homes

2

Recreational

0

Single Family Residential

18

Strata - Apartments

5

            - Townhouses

3

          



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