Another $10 million property sold in Kelowna

A waterfront home on an acreage that was listed for almost $11 million by Jane Hoffman Realty has been sold.

The home on 7.5 acres at 4840 Lakeshore Road was valued by B.C. Assessments at $2.3 million as of July 2021 but was listed for sale at $10,995,000.

The sale price was not disclosed but will be listed on the B.C. Assessment website in the coming months.

This property is south of the intersection of Lakeshore Road and Chute Lake Road and just past the property at 4800 Lakeshore Road that Hoffman sold for $11.3 million last year.

READ MORE: Second $10-million-plus house sold in Kelowna this year

“Unbelievable lakeshore acreage opportunity!” the listing for 4840 Lakeshore Road says. “This 7.5-acre estate offering 153 feet of water frontage is a horse enthusiast’s dream, or can be easily converted to additional vines for an unrivaled ‘legacy’ property. A winding, treed driveway leads to the main residence offering 7,410 sq. ft. of living space over three levels, with a 2-car attached garage plus a 4-car detached garage with office space above.”

The house has four bedrooms and five bathrooms. A separate building has horse stalls, hay storage, tack room and there are fenced pastures outside.

“At the water’s edge, enjoy the serenity of Okanagan Lake with private beach, dock, and boat lift – easily accessed by foot or private laneway,” the listing says. “Gated entry and fenced perimeter for security and privacy. This is the ultimate family compound.”

See the full listing and more photos here.

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