1505 Fairwood Lane
Kelowna, BC V1P0A4
$1,999,900
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 0.21 acres
- Frontage
- 59 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,823
Interior
- Basement
- Full
- Heating
- Heat Pump, Forced air, In Floor Heating, See remarks, Hot Water
- Cooling / A/C
- Central air conditioning, Heat Pump
- Fireplace
- Yes (1)
- Fireplace type
- Insert, Unknown
- Flooring
- Hardwood, Carpeted, Other
Exterior & Lot
- Exterior features
- Stucco, Other
- View
- City view, Lake view, Mountain view, View (panoramic)
Building
- Foundation
- See Remarks, Insulated Concrete Forms
- Roof
- Asphalt shingle, Other, Unknown
Parking
- Total spaces
- 6 — covered indicated
- Features
- Attached Garage, Additional Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Media | Basement | 19'0'' x 24'11'' |
| Full bathroom | Basement | 10'5'' x 4'10'' |
| Bedroom | Basement | 10'4'' x 12'2'' |
| Living room | Basement | 10'11'' x 14'1'' |
| Kitchen | Basement | 9'4'' x 14'2'' |
| Storage | Basement | 8'8'' x 6'0'' |
| 4pc Bathroom | Basement | 4'11'' x 8'1'' |
| Bedroom | Basement | 13'1'' x 12'2'' |
| Bedroom | Basement | 10'9'' x 12'2'' |
| Recreation room | Basement | 13'8'' x 12'9'' |
| Great room | Basement | 22'5'' x 17'8'' |
| Other | Main level | 24'5'' x 26'11'' |
| Partial bathroom | Main level | 5'0'' x 6'2'' |
| Foyer | Main level | 8'3'' x 8'9'' |
| Laundry room | Main level | 5'9'' x 6'6'' |
| Pantry | Main level | 5'9'' x 12'0'' |
| Other | Main level | 10'4'' x 5'11'' |
| 5pc Ensuite bath | Main level | 14'3'' x 10'5'' |
| Primary Bedroom | Main level | 13'11'' x 14'5'' |
| Kitchen | Main level | 9'10'' x 18'11'' |
| Dining room | Main level | 19'6'' x 13'2'' |
| Living room | Main level | 17'11'' x 19'7'' |
Listing Information
- MLS®
- 10383980
- Listed
- April 17, 2026
- Time on market
- On the market for 136 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Kelowna · Data source: CREA DDF.
Description
Modern Masterpiece Lake View Home with 3 Beds + 1 Bed Suite for sale! Custom crafted in the fashion of a West Coast / Malibu Ocean front retreat, this designer home will shock your senses as you enter! Builder's own home features elements rarely seen today - from the 14 ft soaring vaulted Living Room and two story window wall, to the artistic drywall work integrating flush baseboards, to plaster-like 20 ft+ feature walls accenting the staircase, to the master crafted built-ins, to the curb-less walk-in shower, to the next-level garage with epoxy floor & full height cabinetry - this home has been finished to the highest level with no expense spared nor detail overlooked. This home is very energy efficient, and offers commercial grade construction such as ICF Foundation, Radiant in-floor hot water heating, ICF Suspended slab, multi zone heating/cooling, two story commercial quality windows, tank-less hot water, HRV, integrated speakers, 12 mm glass railing, stained and Roman stamped concrete deck and patio, and an engineered aluminum open riser stair case. 10 ft Ceilings in bright and open basement. Walk out to your private covered patio with new hot tub, synthetic putting green with chipping area, and rough-in for fire pit. One Bed Legal Suite is fully sound proofed with insulation in walls and ceiling, layer of sound board, plus 5/8 drywall, and separate heating/cooling. RV + Parking for 4 in driveway. Too many features to list! See HD Video and Virtual Tour in Media Links! (id:63159)
Values & Trends
This listing
$525/sqft
Building average
—
No other active listings in this building
Black Mountain average
$407/sqft
48 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
15°C
Clear
Humidity 76%
Wind NNW 4 km/h
Tonight
11°
Tuesday
27°
Tuesday night
14°
Wednesday
24°
Wednesday night
13°
Thursday
19°
Source: Environment and Climate Change Canada.
Population
144,576
(2021 Census)
+13.5% since 2016
Density: 682.4/km²
Dwellings: 67,115
Median household income: $82,000
After-tax: $73,500
Immigrant population: 15.3%
Top countries of origin (% of total population)
- United Kingdom2.1% · 3,055
- India1.6% · 2,335
- Philippines1.1% · 1,620
- Germany1.1% · 1,540
- United States of America1% · 1,375
- China0.7% · 960
- Poland0.4% · 585
- South Africa, Republic of0.4% · 525
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
4
1/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Black Mountain Elementary | Elementary | 892 m |
| South Rutland Elementary | Elementary | 2.3 km |
| Belgo Elementary School | Elementary | 2.5 km |
| Okanagan Christian School(Independent) | K-12 | 2.9 km |
| Rutland Elementary | Elementary | 3.1 km |
| Quigley Elementary | Elementary | 3.2 km |
| Rutland Senior Secondary | Elementary | 3.2 km |
| Rutland Middle School | Middle | 3.4 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Parks (2)
- Loseth Park542 m
- Lund Park636 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($399,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.