Seller reduces price by $1M on Vernon’s priciest property

Few houses in the Southern Interior could knock $1 million off the price tag and still be widely unattainable, but Vernon’s priciest real estate listing has done just that.

The price of the 8,000-square-foot home — billed as a “Once in a lifetime Trophy Estate Property” — has just been reduced to a cool $6,998,000.

For $7 million, or thereabouts, a buyer gets no fewer than seven bathrooms, spread out over 4,000 square feet per floor connected by a spiral staircase.

Seller reduces price by $1M on Vernon's priciest property | iNFOnews.ca
The property has expansive views of Okanagan Lake. SUBMITTED/RE/MAX Priscilla

“Just picture your horses or future vineyard here,” the REMAX Priscilla ad says, boasting about the fenced 25 acres that the home sits on.

Located at the end of Bech Row Road, with 180-degree south-facing views of Okanagan Lake, the house is perched on a hill at the end of a lengthy driveway. 

Seller reduces price by $1M on Vernon's priciest property | iNFOnews.ca
The kitchen. SUBMITTED/REMAX Priscilla

The ad says the timber frame ranch-style home blends “seamlessly with the landscape” and features impressive timbers and natural stone.

“Walls of glass and hardwood floors set the stage for exquisite lighting, custom kitchen with Wolfe and Subzero appliances, and stunning RH chandeliers and fixtures,” the ad reads. There’s even a chandelier above a free-standing bathtub.

There are five bedrooms, with four full baths and three half baths, along with a custom office, media room, wet bar, sauna and “massive” games and entertaining spaces. There’s custom cabinetry, surround sound, cameras and security.

Seller reduces price by $1M on Vernon's priciest property | iNFOnews.ca
Chandeliers in the bathroom. SUBMITTED.REMAX Priscilla

No pool, but there are plans to build one off the huge deck.

Heated floors will keep you warm during the Okanagan winter, but if you plan to miss winter and head south, there is a three-bay deluxe drive-through shop featuring a 50-amp hookup to store your RV in.

With 20% down your looking at a mortgage in the range of $30,000 a month, and don’t forget property taxes, which will set you back $24,400 a year.

For more details, and to see the ad, go here.

Seller reduces price by $1M on Vernon's priciest property | iNFOnews.ca
A good place for a pool. SUBMITTED.REMAX Priscilla
Seller reduces price by $1M on Vernon's priciest property | iNFOnews.ca
The home opens up to the outdoors. SUBMITTED/REMAX Priscilla

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Ben Bulmer

After a decade of globetrotting, U.K. native Ben Bulmer ended up settling in Canada in 2009. Calling Vancouver home he headed back to school and studied journalism at Langara College. From there he headed to Ottawa before winding up in a small anglophone village in Quebec, where he worked for three years at a feisty English language newspaper. Ben is always on the hunt for a good story, an interesting tale and to dig up what really matters to the community.