What is the most expensive Okanagan luxury properties to sell in 2016? 2016 was a strong year for Okanagan Luxury real estate. The Central Okanagan registered a total of 328 Luxury property sales (properties over 1 million dollars, as reported by Okanagan Mainline real estate board) on a last year of 144. This 224% increase over the previous year was largely due to Lower mainland buyers cashing in on their properties and moving east. Up until the third quarter of the year, there were a number of foreign investors that accounted for 1% of Central Okanagan Luxury Sales. Check out the 3 most expensive Okanagan Luxury Properties to sell in 2016.
16002 Greenhow Road – Asking price $6,995,000.00
After only 18 days on market, this stunning parcel of land sold. Making it the most expensive Okanagan Luxury property to sell in 2016. Located in beautiful Lake Country on the shores of the crystal turquoise waters of Kalamalka Lake. Mainly land value, this 10 acre parcel of land offers amazing unobstructed lake views in serene private setting. In addition to mature trees and vegetation there are 2 acres of vineyard and 1.5 acres of Hazelnut trees. This one of a kind property is well worth the title of most expensive Okanagan Luxury property of 2016.
2295 KLO Road – Asking price $6,800,000.00
This private 35 acre gated estate was the runner up for the most expensive Okanagan Luxury property to sell in 2016. Located next to the Harvest Golf course in South East Kelowna with main home and caretaker suite, this is the ultimate in Okanagan living. The 6000 sq.ft main residence features 4 car garage, wine room, indoor bar and entertainment room and sauna. The outdoor amenities include tennis court, water feature and pool. After 343 days on the market, this Okanagan Luxury property sold in an exciting Auction with no reserve open bids hosted by The Garage Sale-Luxury Action house.
4200 Short Road – Asking price $6,295,000.00
Last but not least, this Lower Mission Okanagan Luxury property is located on one of most sought after postal codes in Kelowna. Just off Hobson Road, this Okanagan Waterfront home offers over 5500 sq.ft of luxurious living space. Featuring 4 bedrooms, 3 dens, 6 bathrooms and triple car garage. Situated on a half an acre of land on Lake Okanagan with 105 feet of lakeshore and a private dock. This area of Lower Mission is known for its sandy beaches, proximity to amenities and recreation. Which is why this beautiful Okanagan Luxury property only took 149 days to sell.
For more information on these waterfront Okanagan luxury properties or any Okanagan Luxury real estate contact Quincy Vrecko. Quincy Vrecko is a Luxury real estate agent with RE/MAX Kelowna. He is dedicated to exclusively to the buying and selling of Luxury Real estate in the Okanagan.