Record setting holiday home

It’s the sale real estate agents dream about.

 

It’s the sale real estate agents dream about.

A four-bedroom Lake Country home has sold for $7.5 million — the largest transaction ever for a single-family residence in the North Okanagan.

“They are out-of-town buyers who spend their summers in the Okanagan,” said David Pusey, an agent with Century 21 Executives Realty in Vernon.

“They are attracted to the beauty of the property but they also considered it to be of good value.”

This is the third largest residential sale ever in the entire Okanagan Valley.

The  4,500square-foot home sits on eight acres, with a peach orchard on part of it.

The biggest selling card is 1,400 feet of frontage  along Okanagan Lake in the Carr’s Landing area.

“It’s one of the most beautiful pieces of property I have ever seen,” said Pusey.

“The property is immaculate. It’s like a park.”

The property — had been owned by the seller’s family for years — had only been listed for a short time. Others had looked at it besides the new owner.

“There are buyers for these kinds of properties,” said Pusey.

“It’s challenging to find exceptional lakefront land.”

 

-Vernon Morningstar

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Westbank First Nation Grand Chief Noll Derriksan passes away

Derriksan was 79 at the time of his passing

Central Okanagan school superintendent addresses technology’s impact on students

Physical and mental well being for students key themes during Kevin Kaardal’s presentation

Lake Country approves 5.88 per cent property tax increase

The average home assessed at $711,000 will have to pay an extra $123 per year

Kelowna to introduce new strategy for community education about supportive housing

The model seeks to enhance community engagement, accessibility and transparency

GoFundMe campaign started for young Kelowna girl in need of service dog

Alena suffered from an in utero MCA stroke, that affected most of the right side of her brain

VIDEO: B.C. senior recalls ‘crazy’ wartime decision to grab bear cub from den

Henry Martens – now 96 – says he was lucky to be alive after youthful decision to enter a bear’s den

Gas drops below a dollar per litre in Penticton

Two stores in Penticton have gas below a dollar.

Pawsative Pups: You have a new puppy, now what?

Lisa Davies is a new columnist for Black Press who writes about dog training

Loans or gifts? Judge rules woman must pay B.C. man back $7K

B.C. judge rules that woman must pay back more than $7,000 in advanced funds to man

VIDEO: Outpouring of worldwide support for bullied Australian boy

Australian actor Hugh Jackman said ‘you are stronger than you know, mate’

Sewer service planned for South Okanagan community of Kaleden

Regional District of Okanagan Similkameen plans to extend Okanagan Falls system into Kaleden

‘A horror show:’ Ex-employee shares experience at problematic Chilliwack seniors’ home

Workers are paid below industry standard at all Retirement Concepts facilities

Forest industry protests northern B.C. caribou protection deal

B.C. Mining Association supports federal-Indigenous plan

Youth-led report calls on B.C. government to create plan to end youth homelessness

There are no dedicated programs for youth homelessness at federal, provincial level, report says

Most Read