Lower Mission, Kelowna
Lower Mission, Kelowna, British Columbia, V1W 1B4
AN EXCEPTIONAL OFFERING IN KELOWNA'S SOUGHT-AFTER LOWER MISSION! Situated on a spectacular .77-acre parcel with a park-like setting, this property offers privacy, space and an established income stream. Extensively renovated in 2020, the 7-bedroom, 6-bathroom home blends modern finishes with comfort and functionality. Features include a beautifully appointed kitchen with Thermador appliances, wine room, primary ensuite with steam shower, two laundry rooms and a spacious fitness gym. Additional conveniences include two furnaces, two AC units, two hot water on demand units and a water purification system. An entertainer's dream, the outdoor spaces embrace the Okanagan lifestyle with a heated swimming pool, expansive covered deck and hot tub, surrounded by beautifully maintained grounds. Additional highlights include vinyl fencing, Gemstone lighting, a three-car garage, RV parking and fully enclosed storage beneath the deck. Currently operating as a successful bed and breakfast generating excellent income, this property offers versatility as a spacious family home, multigenerational residence or established income-producing investment. The .77-acre parcel may also offer future redevelopment opportunities, subject to municipal approvals. A rare opportunity to own a beautifully renovated home offering space, privacy and possibilities in one of Kelowna's most desirable neighbourhoods!
At $457 per sq ft of finished area, it is listed 10% below the $506 per sq ft median of the 153 detached homes that sold between $1.8M and $3M in the Central Okanagan over the last 12 months, and 20% below the $575 per sq ft median of the 230 listed in that range now.
230 active listings against 153 sales in a year is about 18 months of supply in this range, at the past year's pace. Those sales took a median 62 days and sold at a median 96.3% of their final list price.
Across Lower Mission, 141 detached homes sold in the last 12 months at a median $1,175,000 ($480 per sq ft), in a median 38 days, at 96.8% of final list price; 103 are listed now.
On the market 0 days under this listing, at its original price.
Association of Interior REALTORS® MLS® data, as of October 20, 2026. Sales are dated by accepted offer over the last 365 days. The price range is this list price plus or minus 25 percent, for the same kind of home in the same board area. Medians appear only where at least five properties qualify. Price per square foot uses total finished area, above and below grade together, so it is a check on price, not a valuation.