Property Type: Detached HouseOwnership: Freehold

2585 Casa Palmero Drive

West Kelowna, BC V1Z4B1

$3,000,000

5 bed4 bath4 parking4,888 sqftBuilt 2021
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.2 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,565.17

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (3)
Fireplace type
Gas, Electric, Unknown, Unknown
Flooring
Tile, Hardwood, Carpeted

Exterior & Lot

Exterior features
Brick, Other
View
City view, Lake view, Mountain view, View of water, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached Garage, Heated Garage

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
Wine CellarLower level5' x 7'
Full bathroomLower level8'4'' x 12'9''
Full bathroomLower level5'11'' x 11'9''
Recreation roomLower level18'11'' x 36'
DenLower level5'7'' x 9'8''
BedroomLower level13'4'' x 15'5''
BedroomLower level12'9'' x 14'6''
BedroomLower level13'3'' x 13'5''
GymLower level12'1'' x 12'11''
PantryMain level9'5'' x 9'11''
Mud roomMain level8'4'' x 10'11''
Dining roomMain level10'8'' x 13'6''
OtherMain level9'3'' x 9'11''
Full ensuite bathroomMain level9'11'' x 13'
Full bathroomMain level5'11'' x 9'1''
BedroomMain level13'10'' x 13'10''
Laundry roomMain level6'11'' x 10'11''
Primary BedroomMain level13' x 20'1''
Living roomMain level19'5'' x 25'1''
KitchenMain level21'8'' x 22'

Listing Information

MLS®
10396041
Listed
August 7, 2026
Time on market
On the market for 24 days
Data last synced
August 28, 2026

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

Description

Welcome to Casa Loma, an exclusive enclave of West Kelowna just minutes to Downtown Kelowna. This spacious, modern home showcases an expansive list of features, from the luxurious finishing to the stunning lake and city views. Boasting nearly 5,000 square foot of interior living space, five bedrooms, four bathrooms, gym, sauna & cold plunge, media area, and more. Upon entry you are immediately taken in by the incredible views, framed by a fully opening wall of nano-doors. The great room features 12' ceilings, tiled gas fireplace, and access to the covered patio with outdoor kitchen. The chef-inspired kitchen opens onto the large dining room, has an array of premium JennAir appliances, including dual fridge/freeze, 48” gas range with two ovens, built in coffee maker, wine fridge, and more. The full butler’s pantry features another gas range, full size fridge, dishwasher, etc. Your primary wing has a cozy fireplace, power blinds, and spacious ensuite bathroom with dual vanity, glass shower, soaker tub, plus walk-in closet with extensive built-ins. A second bedroom (or office), full bathroom, and a double mud room add practicality for everyone. On the lower level, you have a full custom wet bar + wine cellar, fully featured gym, plus a spa-inspired bathroom with sauna and cold plunge. The entertaining area has room for any activity, plus a media room with built-in KEF sound system. The glass enclosed office offers beautiful lake views. The lower level features three spacious bedrooms and two full bathrooms, plus secondary laundry. A second patio has built-in TV and fireplace, plus a beautiful swim spa which can double as a hot tub. The home features SONOS sound and Control 4. The oversized double garage features epoxy floors, car lift, and built in cabinetry. Sensational views, extensive hiking trails & parks, and multiple nearby beach accesses make this home the complete package. (id:63159)

Values & Trends

This listing

$614/sqft

Building average

No other active listings in this building

Lakeview Heights average

$507/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
Hudson Road ElementaryElementary1.8 km
Mar Jok ElementaryElementary2.8 km
Rose Valley ElementaryElementary3.0 km
Mount Boucherie SecondarySecondary3.2 km
Raymer ElementaryElementary3.6 km
Constable Neil Bruce Middle SchoolElementary4.3 km
Chief Tomat ElementaryElementary4.3 km
Central School ProgramsK-124.3 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+)

  • Casa Palmero Park26 m
  • Casa Loma Beach · 2606 Casa Loma Road255 m
  • Dupuis Park · 2670 Casa Loma Road411 m
  • Casa Rio Waterfront Park462 m
  • Dupuis Boat Launch476 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($600,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,400,000.00
Periodic payment — Principal & Interest (monthly)$15,483.99
Additional monthly expenses (strata, tax, utilities, etc.)$1,124.43
Total monthly cost$16,608.42
Interest paid over 5-yr term$687,846.90
Balance at end of term$2,158,807.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$600,000
Stress test qualifying rate8.09%
Payment you must qualify for$18,455.16

Cash Needed at Closing

Minimum down payment$600,000
Estimated BC PTT$68,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$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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