Property Type: Detached HouseOwnership: Freehold

1551 Granite Road

Lake Country, BC V4V1M9

$2,499,000

4 bed3.5 bath7 parking3,354 sqftBuilt 2013
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Property Details

Property & Lot

Sub-type
House
Style
Ranch
Stories
2
Lot size
0.47 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$260/mo
Annual property tax
$11,695.58

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Fireplace type
Unknown, Decorative
Flooring
Tile, Carpeted

Exterior & Lot

Exterior features
Wood, Stone
View
Lake view, Mountain view, Valley view, View of water, View (panoramic)
Lot features
Corner Site, Central island

Building

Roof
Asphalt shingle, Unknown
Water source
Municipal water
Sewer
Municipal sewage system
Security
Security system
Parcel ID (PID)
027-549-844

Parking

Total spaces
7 — covered indicated
Features
Attached Garage, Detached Garage, Breezeway, Heated Garage, Additional Parking

Restrictions & Policies

Pets
Allowed, Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
4pc Ensuite bathBasement
BedroomBasement16' x 14'
BedroomBasement9'7'' x 14'9''
BedroomBasement15'3'' x 13'4''
Wine CellarBasement11'2'' x 4'11''
Family roomBasement14'11'' x 34'4''
FoyerMain level6'2'' x 8'9''
PantryMain level5'9'' x 10'1''
Laundry roomMain level7'4'' x 5'10''
Partial bathroomMain level
OfficeMain level10'6'' x 13'5''
Full ensuite bathroomMain level14'0'' x 11'7''
Primary BedroomMain level15'4'' x 14'0''
Dining roomMain level9'2'' x 19'7''
Living roomMain level17'4'' x 17'4''
KitchenMain level9'7'' x 19'7''

Listing Information

MLS®
10397475
Listed
August 13, 2026
Time on market
On the market for 18 days
Data last synced
September 1, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Located in the prestigious waterfront community of Lakestone, this exceptional custom residence captures breathtaking, unobstructed views of Okanagan Lake. Set on approximately half an acre, the property offers exceptional privacy, room for a pool and nearly 2,800 square feet of decks for seamless indoor-outdoor living and entertaining. Soaring ceilings and walls of windows fill the home with natural light while showcasing the lake views. Luxury finishes include black walnut cabinetry by Carolyn Walsh Interiors, Taj Mahal granite, a walk-through pantry and chef-inspired kitchen with premium appliances, built-in Bosch coffee maker and warming drawer. The custom wine room features black walnut and leathered titanium granite. A spa-inspired ensuite, extensive custom millwork, lower-level wet bar and expansive covered outdoor living further elevate the home. Additional features include heated bathroom floors, custom drapery, indoor/outdoor audio, Phantom Screens, security cameras, a heated attached three-car garage, separate detached garage and generous guest parking. Lakestone residents enjoy the Lake Club and Centre Club with pools, year-round hot tubs, fitness facilities, lake access, community docks, kayak storage, tennis, pickleball and multi-sport courts, plus nearly 29 km of scenic trails. (id:63159)

Values & Trends

This listing

$745/sqft

Building average

No other active listings in this building

Lake Country South West average

$642/sqft

52 active listing(s)

Parking: 7 stall(s) includedStorage locker: Not indicated

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

Nearest station: Kelowna

Clear

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

15,817

(2021 Census)

+22.4% since 2016

Density: 129.5/km²

Dwellings: 6,852

Median household income: $98,000

After-tax: $87,000

Immigrant population: 11.7%

Top countries of origin (% of total population)

  • United Kingdom2.7% · 425
  • Germany1.3% · 200
  • United States of America1% · 160
  • India0.8% · 120
  • South Africa, Republic of0.3% · 55
  • Philippines0.3% · 55
  • Netherlands0.3% · 50
  • Russian Federation0.2% · 35

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

SchoolTypeDistance
HS Grenda Middle SchoolMiddle3.4 km
George Elliot SecondarySecondary3.5 km
Peter Greer ElementaryElementary4.2 km
Davidson Road ElementaryElementary4.2 km
Aberdeen Hall Preparatory School(Independent)K-129.1 km
North Glenmore ElementaryElementary9.4 km
Dr Knox Middle SchoolMiddle10.0 km
Ellison ElementaryElementary10.3 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 (1)

  • Lake Country Bike Park · 8865 Okanagan Centre Rd W784 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($499,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,999,200.00
Periodic payment — Principal & Interest (monthly)$12,898.16
Additional monthly expenses (strata, tax, utilities, etc.)$1,402.28
Total monthly cost$14,300.44
Interest paid over 5-yr term$572,976.47
Balance at end of term$1,798,286.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$499,800
Stress test qualifying rate8.09%
Payment you must qualify for$15,373.15

Cash Needed at Closing

Minimum down payment$499,800
Estimated BC PTT$52,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$554,270

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.

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