Property Type: Detached HouseOwnership: Freehold

1587 Malbec Place Lot# 81

West Kelowna, BC V4T3B5

$1,949,000

5 bed6.5 bath8 parking4,516 sqftBuilt 2024
Get Directions

Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.21 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,148.24

Interior

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

Exterior & Lot

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

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
8 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
OtherMain level34'0'' x 23'0''
BedroomAdditional Accommodation9'6'' x 13'0''
Full bathroomAdditional Accommodation5'0'' x 8'6''
Living roomAdditional Accommodation13'0'' x 13'0''
KitchenAdditional Accommodation8'6'' x 9'4''
Family roomSecond level18'3'' x 19'4''
Full bathroomSecond level5'6'' x 10'0''
Full ensuite bathroomSecond level5'0'' x 12'0''
BedroomSecond level10'6'' x 12'0''
BedroomSecond level11'6'' x 12'0''
Full ensuite bathroomSecond level5'6'' x 9'4''
BedroomSecond level10'0'' x 12'0''
Laundry roomSecond level8'0'' x 10'0''
OtherSecond level8'4'' x 9'7''
Full ensuite bathroomSecond level9'6'' x 17'3''
Primary BedroomSecond level14'0'' x 17'3''
Mud roomMain level6'0'' x 16'0''
Partial bathroomMain level5'0'' x 6'0''
DenMain level10'0'' x 11'7''
Living roomMain level11'10'' x 12'2''
PantryMain level5'0'' x 7'7''
Dining roomMain level11'0'' x 17'9''
Great roomMain level18'0'' x 22'10''
KitchenMain level14'0'' x 17'9''

Listing Information

MLS®
10364640
Listed
October 2, 2025
Time on market
On the market for 333 days
Data last synced
August 28, 2026

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

Description

Built by award-winning Palermo Homes, this new custom home offers over 4,500 sq. ft. on a corner lot with one of the area's most desirable family floor plans. Featuring 4 bedrooms upstairs, a family room, versatile flex spaces, a legal suite, and a triple garage, it's designed to adapt as your family's needs change. The main level boasts two flex spaces currently set as an office and open seating area, an open-concept great room with a tiled fireplace, chef's kitchen with premium appliances, waterfall quartz island, abundant cabinetry, and walk-in pantry. A powder room and mudroom complete this level. Upstairs, the family room opens onto a covered patio with its own fireplace. The primary suite includes a spa-inspired ensuite with heated floors and walk-in closet. Three additional bedrooms, 4 full bathrooms, and a spacious laundry room provide excellent functionality. The self-contained 1-bedroom legal suite is ideal for extended family or rental income. Additional features include an oversized driveway, triple garage, EV charger rough-in, designer lighting, architectural exterior lighting, a pool-sized backyard, and exceptional curb appeal. Located in Vineyard Estates, minutes from Mission Hill Winery, Mt. Boucherie trails, Okanagan Lake, beaches, schools, and amenities, this home delivers a rare 4-bedroom-up floor plan with flexibility for every stage of family life. (id:63159)

Values & Trends

This listing

$432/sqft

Building average

No other active listings in this building

Lakeview Heights average

$509/sqft

94 active listing(s)

Parking: 8 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

12°C

Clear

Humidity 88%

Wind ENE 5 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 ElementaryElementary757 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 ElementaryElementary2.3 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 Park40 m
  • Unnamed79 m
  • Unnamed247 m
  • Pinot Gris Drive Walkway325 m
  • Vineyard View Park370 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($389,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,559,200.00
Periodic payment — Principal & Interest (monthly)$10,059.43
Additional monthly expenses (strata, tax, utilities, etc.)$821.69
Total monthly cost$10,881.12
Interest paid over 5-yr term$446,871.20
Balance at end of term$1,402,505.44

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$389,800
Stress test qualifying rate8.09%
Payment you must qualify for$11,989.70

Cash Needed at Closing

Minimum down payment$389,800
Estimated BC PTT$36,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$428,280

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.

Request more information