Property Type: Detached HouseOwnership: Freehold

201 Highway 97

Vernon, BC V1H1G1

$11,000,000

6 bed4 bath55 parking4,283 sqftBuilt 1974
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
58.98 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,247.8

Interior

Heating
Forced air
Cooling / A/C
See Remarks
Fireplace
None

Exterior & Lot

Exterior features
Brick, Stucco
View
Lake view, Mountain view, Valley view, View of water, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
55 — covered indicated
Features
Attached Garage, Detached Garage

Restrictions & Policies

Pets
Allowed
Rentals
Allowed

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

Room Dimensions

RoomLevelDimensions
Laundry roomLower level7'7'' x 12'9''
Utility roomLower level6'4'' x 8'9''
3pc BathroomLower level11'5'' x 8'7''
BedroomLower level13'2'' x 12'7''
5pc Ensuite bathLower level13'9'' x 8'7''
Primary BedroomLower level13'9'' x 17'4''
Family roomLower level16'5'' x 24'10''
Dining roomLower level16'3'' x 13'0''
KitchenLower level11'9'' x 13'0''
FoyerMain level7'2'' x 6'9''
5pc BathroomMain level11'6'' x 7'11''
BedroomMain level11'7'' x 15'8''
BedroomMain level15'4'' x 11'2''
BedroomMain level11'11'' x 10'1''
BedroomMain level11'11'' x 8'4''
DenMain level14'1'' x 10'7''
4pc BathroomMain level4'11'' x 10'3''
Dining roomMain level8'8'' x 17'5''
KitchenMain level11'7'' x 16'11''
Living roomMain level32'10'' x 16'3''

Listing Information

MLS®
10391000
Listed
June 10, 2026
Time on market
On the market for 82 days
Data last synced
August 28, 2026

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

Description

Welcome to Kal-Lake Cattle, a landmark property known throughout the Okanagan Valley. Known for its bright orange roofs and grazing cattle set above the turquoise water of Kalamalka Lake, this property has caught the eye of the public for decades. Situated between Lake Country and Vernon, this 58.98 acre parcel is nestled above Kalamalka Lake, with only the Rail Trail in between you and the shores of one of the world’s most stunning lakes. The property is zoned Large Holdings (Future land use, Agricultural) and is located within the agricultural land reserve (ALR), and is serviced by two agricultural irrigation licenses from Kalamalka Lake, and an unmetered reclaimed water supply from the Vernon Water Reclamation Centre. There is an established homesite perched on the lower end of the property, allowing for wide views ahead and down each direction of the lake, currently outfitted with an existing older home (on a domestic well). There are multiple buildings to supplement the agricultural uses of the property, such as a hay barn, workshop, and storage garage/shed. The lands are immediately adjacent to Kekuli Bay Provincial Park, and will be in close proximity to the proposed Okanagan Gondola. Predator Ridge, Sparkling Hills Resort, and the O’Rourke Family Estate are but a short drive away. (id:63159)

Values & Trends

This listing

$2,568/sqft

Building average

No other active listings in this building

Commonage average

$1,035/sqft

2 active listing(s)

Parking: 55 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

16°C

Humidity 69%

Wind ESE 14 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

44,519

(2021 Census)

+11% since 2016

Density: 461.7/km²

Dwellings: 21,287

Median household income: $73,500

After-tax: $66,500

Immigrant population: 12.4%

Top countries of origin (% of total population)

  • United Kingdom2.3% · 1,030
  • Germany1.2% · 550
  • United States of America1% · 450
  • India0.8% · 355
  • Philippines0.7% · 315
  • Netherlands0.6% · 270
  • Poland0.3% · 150
  • South Africa, Republic of0.3% · 125

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Okanagan Landing ElementaryElementary6.4 km
Kidston ElementaryElementary8.0 km
Clarence Fulton SecondaryElementary8.1 km
Ellison ElementaryElementary8.1 km
Oyama Traditional SchoolElementary8.2 km
Kalamalka SecondaryElementary8.5 km
Mission Hill ElementaryElementary9.4 km
Coldstream ElementaryElementary9.5 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.

School district: Vernon (SD22)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($2,200,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$8,800,000.00
Periodic payment — Principal & Interest (monthly)$56,774.61
Additional monthly expenses (strata, tax, utilities, etc.)$401.32
Total monthly cost$57,175.93
Interest paid over 5-yr term$2,522,105.30
Balance at end of term$7,915,628.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$2,200,000
Stress test qualifying rate8.09%
Payment you must qualify for$67,668.92

Cash Needed at Closing

Minimum down payment$2,200,000
Estimated BC PTT$468,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$2,669,500

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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