Area: British Columbia
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This incredible 9 bed 8 bath income-producing luxury acreage offering over 6,000 sq.ft. sits on 2.5 acres of Okanagan beauty with breathtaking lake views and exceptional revenue potential. The property features a fully self-contained legal 2-bedroom suite plus an additional 1-bedroom and den/theatre room in-law suite, providing outstanding flexibility for multigenerational living, Airbnb potential, or long-term rental income. Adding even more value is approximately 1.5 acres of producing cherry trees including 80 Lapin trees and 100 Staccato trees generating approximately 10,000 lbs annually with room to expand by an additional 200 trees. This home showcases soaring ceilings, floor-to-ceiling windows, coffered ceilings, custom built-ins, and a striking linear fireplace. The chef-inspired kitchen features high-end stainless steel appliances, a massive island, butler’s pantry, and seamless access to the expansive covered deck overlooking the lake. The primary retreat offers panoramic lake views, a spa-inspired ensuite, walk-in closet, and private balcony. Complete with a triple car garage, abundant RV and boat parking, and located just minutes to wineries, golf, schools, shopping, and amenities, this property offers luxury, lifestyle, and exceptional long-term value in the heart of Kelowna. (id:44056)

Property Details

Full Address:
781 Wallace Road, Kelowna, British Columbia
Price:
$ 2,475,000
MLS Number:
10388111
List Date:
May 20th, 2026
Neighbourhood:
Rutland North
Lot Size:
2.5 ac
Year Built:
2015
Taxes:
$ 11,640

Interior Features

Bedrooms:
9
Bathrooms:
8
Flooring:
Tile, Laminate, Carpeted
Air Conditioning:
Central air conditioning
Heating:
Forced air, See remarks
Fireplaces:
2
Fireplace Type:
Free Standing Metal
Basement:
Full

Building Features

Architectural Style:
Ranch, Contemporary
Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Exterior:
Stucco
Garage:
Detached Garage, Additional Parking
Garage Spaces:
12
Ownership Type:
Freehold
Taxes:
$ 11,640

Floors

Finished Area:
6112 sq.ft.

Land

View:
City view, Lake view, Mountain view
Lot Size:
2.5 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Kaila Klassen Royal LePage Kelowna
 250-460-1840
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Listing Agent(s)

Listing: Kaila Klassen
Royal LePage Kelowna

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