Have you heard about the most expensive home ever sold in North America? It's a $240 million dollar condo in New York City that's still under construction and spans 24,000 square feet across 4 stories! While we don't have anything quite like that here in the Okanagan, it makes the highest price home for sale here look like a deal.
For $46 million, you can have a private estate with 850 feet of waterfront, almost 20,000 square feet of living space, and 8.5 acres of land. It's only half the value of the most expensive home in Canada, which is worth a whopping $73.12 million, should it come for sale. This home is owned by Chip Wilson, the founder of Lululemon Athletica.
Of course, a home is only worth what someone is willing to pay for it. The most expensive residential sale ever recorded in the Central Okanagan was a waterfront property that went for $11 million in 2021. It had 13,300 square feet, 600 feet of waterfront, and 8.5 acres of land nestled in the trees.
Currently, there are 8 residential properties for sale in the Central Okanagan listed over $10 million, and as more people discover our little piece of paradise, we may see more ultra-luxury homes hit the market.
If you have any questions or want more information about the market, don't hesitate to give us a call.
We're always here to help!
Tamara and Shannon
