Property Type: Detached HouseOwnership: Freehold

1981 Capistrano Drive

Kelowna, BC V1V2N1

$1,500,000

5 bed4.5 bath3 parking4,408 sqftBuilt 2007
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.26 acres
Frontage
61 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,246

Interior

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

Exterior & Lot

Exterior features
Stucco
View
Mountain view, Valley view, View (panoramic)

Building

Roof
Tile, Unknown

Parking

Total spaces
3 — covered indicated
Features
Attached Garage, Additional Parking

Room Dimensions

RoomLevelDimensions
OtherLower level18'8'' x 17'6''
StorageLower level10'10'' x 14'7''
StorageLower level5'6'' x 15'9''
Recreation roomLower level31'11'' x 28'1''
KitchenLower level11'7'' x 7'8''
GymLower level14'2'' x 15'6''
BedroomLower level17'7'' x 14'6''
BedroomLower level18' x 13'5''
4pc BathroomLower level9'4'' x 8'11''
Primary BedroomMain level19'2'' x 13'5''
BedroomMain level12'10'' x 13'2''
Living roomMain level24'2'' x 16'7''
Laundry roomMain level9'5'' x 16'6''
KitchenMain level18'11'' x 19'1''
OtherMain level33' x 22'4''
FoyerMain level25' x 20'4''
Dining roomMain level18' x 13'2''
BedroomMain level14' x 16'2''
6pc Ensuite bathMain level16'2'' x 10'6''
3pc Ensuite bathMain level6'8'' x 10'3''
2pc BathroomMain level7'5'' x 5'9''

Listing Information

MLS®
10382686
Listed
April 9, 2026
Time on market
On the market for 144 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (Kelowna) · Data source: CREA DDF.

Description

Welcome to an exceptional residence where timeless elegance meets breathtaking scenery. Enter through the grand rotunda foyer and be immediately drawn into the expansive living room, an architectural showpiece with high ceilings and walls of windows framing uninterrupted valley and mountain views. Designed for both refined entertaining and everyday luxury, the chef’s kitchen is a true centerpiece featuring an oversized island and stainless steel appliances. The adjoining dining room easily accommodates large gatherings while enjoying stunning outlooks. The primary suite is a private retreat offering walk-out access, sweeping vistas, and a spa-inspired ensuite finished in granite and tile, complete with a Jacuzzi soaker tub, bidet, and walk-in closet, creating an ideal sanctuary at day’s end. A dedicated office and a second bedroom or guest suite with a multi-jetted shower complete the upper level. A curved custom staircase leads to the finished walk-out lower level, offering a spacious recreation room, entertainment kitchen and bar, theatre room, gym space, two additional bedrooms, and a full bathroom. Outdoors, covered patios and a fountain-accented backyard provide the perfect setting for entertaining or quiet relaxation. Ideally located near golf courses like The Okanagan Golf Club, parks and trails, and everyday amenities, with convenient access to YLW, this home offers luxury, scale, and unforgettable views in a highly sought-after setting. Make it yours today! (id:63159)

Values & Trends

This listing

$340/sqft

Building average

No other active listings in this building

University District average

$405/sqft

34 active listing(s)

Parking: 3 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

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

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

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
Aberdeen Hall Preparatory School(Independent)K-122.3 km
Ellison ElementaryElementary3.9 km
North Glenmore ElementaryElementary3.9 km
Dr Knox Middle SchoolMiddle4.3 km
Watson Road ElementaryElementary5.9 km
Pearson Road ElementaryElementary6.3 km
Rutland Middle SchoolMiddle6.5 km
Rutland ElementaryElementary6.6 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)

  • Carney Park87 m
  • Quail Ridge Linear Park418 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($300,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,200,000.00
Periodic payment — Principal & Interest (monthly)$7,741.99
Additional monthly expenses (strata, tax, utilities, etc.)$1,073.83
Total monthly cost$8,815.83
Interest paid over 5-yr term$343,923.45
Balance at end of term$1,079,403.88

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$300,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,227.58

Cash Needed at Closing

Minimum down payment$300,000
Estimated BC PTT$28,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$329,500

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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