We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
781 Wallace Road, Kelowna
2026-05-21
Quick Summary
MLS®#10388111
Property Description
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, butlerâs 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:32467)
Property Features
Building
- Architectural Style: Contemporary, Ranch
- Basement Type: Full
- Construction Style: Detached
- Cooling Type: Central air conditioning
- Exterior Finish: Stucco
- Fireplace: Yes
- Flooring Type: Carpeted, Laminate, Tile
- Interior Size: 6112 sqft
- Building Type: House
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Central island, Two Balconies
Land
- Land Size: 2.5 ac|1 - 5 acres
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Royal LePage Kelowna
Listing information last updated on: 2026-06-12 15:59:34
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
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Glen MacKenzie REALTOR®. Member of The Canadian Real Estate Association & more
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