Property Type: Detached HouseOwnership: Freehold

1583 Malbec Place

West Kelowna, BC V4T3B5

$1,799,999

5 bed6.5 bath4 parking4,099 sqftBuilt 2024
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.16 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,848

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Fireplace type
Gas, Unknown
Flooring
Tile, Hardwood

Exterior & Lot

Exterior features
Stone, Stucco, Metal
View
Lake view, Mountain view, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Full bathroomAdditional Accommodation5'0'' x 10'2''
BedroomAdditional Accommodation10'9'' x 11'6''
KitchenAdditional Accommodation5'0'' x 14'9''
Living roomAdditional Accommodation14'9'' x 11'6''
Full bathroomSecond level5'0'' x 8'0''
OtherSecond level4'10'' x 5'0''
BedroomSecond level10'10'' x 11'7''
OtherSecond level4'10'' x 5'0''
Full ensuite bathroomSecond level5'0'' x 8'6''
BedroomSecond level11'7'' x 11'0''
Laundry roomSecond level7'0'' x 8'6''
Full ensuite bathroomSecond level9'6'' x 14'0''
OtherSecond level6'8'' x 11'10''
Primary BedroomSecond level14'0'' x 17'6''
Family roomSecond level16'6'' x 24'6''
Dining roomMain level10'8'' x 17'0''
OtherMain level5'0'' x 6'0''
Full ensuite bathroomMain level5'6'' x 8'0''
BedroomMain level10'6'' x 13'6''
Mud roomMain level6'0'' x 7'8''
Partial bathroomMain level5'6'' x 6'0''
Living roomMain level11'0'' x 14'0''
DenMain level10'0'' x 12'0''
Great roomMain level18'0'' x 19'6''
KitchenMain level15'6'' x 16'10''

Listing Information

MLS®
10364289
Listed
September 29, 2025
Time on market
On the market for 336 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna · Data source: CREA DDF.

Description

Nestled in a a quiet cul-de-sac, this brand-new residence built by Palermo Homes combines privacy, luxury, and convenience in a 5 bedroom 6 bathroom 4100 sqft home. The welcoming entry opens to a private office and an elegant sitting room, setting the tone for the home’s sophisticated design. The expansive great room is bright and open, anchored by a tiled gas fireplace and direct access to a pool-sized backyard—ideal for entertaining or enjoying quiet. At the heart of the home, the gourmet kitchen impresses with custom cabinetry, waterfall quartz countertops, and high-end SS appliances. A full bedroom suite with a private entrance, walk-in closet, and ensuite bath is also located on this level, making it perfect for extended family or guests. The upper level provides a spacious family/games room with gas fireplace, and a covered patio with views of Okanagan Lake. The primary retreat is a true sanctuary, featuring a spa-inspired ensuite and a generous walk-in closet. Two additional bedrooms, each with their own ensuite, plus a convenient laundry room, complete the floor. Above the EV ready double garage, a fully self-contained 1-bedroom suite offers exceptional flexibility as a guest retreat or rental income opportunity. Located just minutes from West Kelowna’s wine trail, Mt. Boucherie Park, and top amenities, this residence delivers both a peaceful cul-de-sac lifestyle and easy access to everything the Okanagan has to offer. (id:63159)

Values & Trends

This listing

$439/sqft

Building average

No other active listings in this building

Lakeview Heights average

$509/sqft

94 active listing(s)

Parking: 4 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

36,078

(2021 Census)

+10.5% since 2016

Density: 295.5/km²

Dwellings: 14,746

Median household income: $99,000

After-tax: $87,000

Immigrant population: 13.5%

Top countries of origin (% of total population)

  • United Kingdom2.9% · 1,040
  • Germany1.3% · 485
  • United States of America1% · 350
  • Philippines0.7% · 260
  • Poland0.6% · 200
  • Netherlands0.5% · 190
  • India0.5% · 190
  • South Africa, Republic of0.4% · 145

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

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
Chief Tomat ElementaryElementary785 m
Sensisyusten House of Learning(Independent)Elementary1.3 km
Mount Boucherie SecondarySecondary1.3 km
Constable Neil Bruce Middle SchoolElementary1.6 km
Hudson Road ElementaryElementary2.1 km
Shannon Lake ElementaryElementary2.4 km
Mar Jok ElementaryElementary3.3 km
Our Lady of Lourdes(Independent)Elementary/Middle4.3 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 (5+)

  • Pinot Noir Park72 m
  • Unnamed120 m
  • Unnamed210 m
  • Pinot Gris Drive Walkway290 m
  • Vineyard View Park368 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($360,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,439,999.00
Periodic payment — Principal & Interest (monthly)$9,290.38
Additional monthly expenses (strata, tax, utilities, etc.)$859.00
Total monthly cost$10,149.38
Interest paid over 5-yr term$412,707.85
Balance at end of term$1,295,283.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$360,000
Stress test qualifying rate8.09%
Payment you must qualify for$11,073.09

Cash Needed at Closing

Minimum down payment$360,000
Estimated BC PTT$34,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$395,500

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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