What does a Million and half buy you in the South Okanagan Real Estate Market

A Recap of What’s Been Selling

I have had a little whirlwind of 1.4 activity up and down the valley, all unique and not necessarily comparable properties or buyer profiles but the prices all hover within 100k of the 1.4 mark.

To do a little recap of what this price point buys you here in the South Okanagan-here’s what I have been selling.

  • Listing side:

    15-125 Cabernet Dr, Okanagan Falls

    Sold for $1.484 ,000.00 +GST +PPT = $1,585,880.00

    • New Construction
    • $74,200  in GST equaling a total purchase price of
    • $27,680 in Property Transfer Tax bareland strata fee of $15/mo
    • Location: Heritage Hills — Vintage Views
    • 180 degree Lakeview
    • non-conforming suite
    • 2-5-10 Warranty
    • 4000 sq ft – Double Car Garage
    • Step 3 (too many Lakeview windows to get to that 4)

Buyers side:

Unit 5 7200 Cottonwood Drive, Osoyoos

Sold for $1,400,000.00 + $26,000 in PPT + $1,426,000.00

  • Stratified attached waterfront townhome
  • 86 units (61 boat slips)
  • Osoyoos
  • Waterfront
  • Strata $415/mo
  • comes with boat slip and hydraulic lift
  • 3 bedrooms up
  • Double car garage
  • 2 pools
  • 2 hot tubs
  • amenities

102 Fawn Court, Penticton BC

Sold for $1,265,000.00 + $23,300 in PTT + $1,288,300.00

  • Single Family Home with conforming Suite
  • New Under Construction
  • 3,073 sq ft
  • 3 bed 2 bath rancher with legal basement suite
  • 5 Bed 4 Bath total
  • .14 acre
  • no lakeviews
  • ICF construction – step 4
  • Granite countertops, hardwood floors
  • Double Car Garage
  • large decks
  • legal suite
  • no strata fee
  • suburbia feel surrounded by new homes

Listing side:

2418 Carmi Road, Penticton

Sold for $985,000+ $17,700 in PPT + $1,002,700

  • 10 Acres
  • Completely redone mobile home
  • Penticton
  • Incredible Views
  • Quanset
  • Detached Huge workshop
  • 2 Bed
  • 1 Bath
  • 1 hot tubs
  • Natural landscape

Listing side:

29-125 Cabernet Drive, Okanagan Falls

Sold for $881,000+ $15,620 in PPT + $896,620

  • Listed at $799,900
  • Okanagan Falls
  • Multiple Offers
  • Sold Unconditional
  • 3 Beds up
  • Bonus Office Down
  • No yard
  • Overlooks Rainbow Belt Park
  • Bareland Strata

Buyers side:

433 Matheson Road, Okanagan Falls

$825 for a single family private 30 year old home on Matheson a little further past Heritage Hills towards OK falls.

I just sold this one on Matheson representing the buyer side as well.

This Matheson sale we tied up early and sold their home in multiple offers within 24 hours to have an offer and a back up to solidify this move.

Time is of the essence and all COVID efforts extracted to make this magical move up buyer family forever home and property come true! 24 Hour time clause hovering over us only made us step on the gas 🙂 Happy to have a seller accept the offer and give us a day to get it together! Speedy agents and brokers and buyers with the faithful trust to their successful home purchase and sale.