The custom-built house is in the Wilden neighbourhood and has expansive views of Okanagan Lake.Engel & Völkers Kelowna
140 Red Sky Place, Kelowna, B.C.
Asking price: $3,498,900 (June 6)
Selling price: $3,475,000 (Aug. 28)
Previous selling prices: $597,303 (2020); $557,910 (2019); $619,900 (2017)
Days on market: 83
Taxes: $10,212 (2025)
Listing agent: Richard Deacon, Engel & Völkers Okanagan
The property offers extensive patios and a pool area that juts out over a cliff.Engel & Völkers Kelowna
What They Got
The custom-built house is in the Wilden neighbourhood, with “drop dead views up and down the lake,” said listing agent Richard Deacon.
With 3,870 square feet of contemporary space, floor-to-ceiling windows, extensive patios and a specially engineered pool area that juts out over a cliff, the five-bedroom, three-bathroom home is one of the nicest in the area, said Mr. Deacon.
It sits on a third of an acre and has a three-car garage, a short drive to shops and the University of British Columbia Okanagan.
The house has 3,870 square feet of living space and a three-car garage.Engel & Völkers Kelowna
The floor-to-ceiling windows showcase the home's stunning views of the lake.Engel & Völkers Kelowna
The Action
The sellers had grown kids in other cities so decided they’d rather travel and spend time near their kids instead of maintaining the big house, said Mr. Deacon. He listed it close to $3.5-million and after 12 showings, received an offer subject to sale. When that buyer asked for an extension, the sellers declined. Shortly after, they received another offer and accepted it.
The property had undergone two inspections and neither revealed any issues. It was a quality house, said Mr. Deacon.
The realtor credits the unmatched view, design and quality build of the home as the reasons for its record sale price per square foot.Engel & Völkers Kelowna
The Agent’s Take
The sale was a record sale price per square foot in the neighbourhood. The sellers got a good return on their investment because they chose wisely when they built the house, said Mr. Deacon.
“This was not a large house … it was just very, very well done – the view, the way that it was decorated and designed, top notch. I think they were just very smart and prudent in how they designed and built it.”
The sale completed Oct. 8.
Editor’s note: A previous version of this article incorrectly stated that the property measures a quarter of an acre. It is a third of an acre.