Property Type: OtherOwnership: Freehold

371 Valley Road Unit# 1-3

Kelowna, BC V1V2E5

$3,950,000

9 bed6.5 bath8 parking8,414 sqftBuilt 1999
63
Walk Score
37
Transit
39
Bike
Walk Score® by Redfin
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Property Details

Property & Lot

Sub-type
Other
Style
Ranch, Contemporary
Stories
4
Lot size
13.7 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$8,951.33

Interior

Basement
Full, Crawl space
Heating
Forced air, Electric, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Tile, Hardwood, Laminate, Carpeted
Appliances
Washer, Refrigerator, Range - Gas, Range - Electric, Range, Dryer, Microwave, Hood Fan, Washer & Dryer

Exterior & Lot

Exterior features
Brick, Vinyl siding, Aluminum
View
Mountain view, Valley view, View (panoramic)
Pool
Pool, Inground pool, Outdoor pool
Lot features
Central island

Building

Roof
Asphalt shingle, Unknown
Water source
Irrigation District
Sewer
Municipal sewage system, Septic tank
Utilities
Water, Sewer, Natural Gas
Parcel ID (PID)
012-019-763

Parking

Total spaces
8 — covered indicated
Features
Attached Garage, Detached Garage, Carport, See Remarks

Room Dimensions

RoomLevelDimensions
Primary BedroomSecondary Dwelling Unit14'6'' x 18'3''
OtherSecondary Dwelling Unit12' x 14'3''
OtherSecondary Dwelling Unit19'9'' x 19'6''
Partial bathroomSecondary Dwelling Unit5'7'' x 4'10''
OtherMain level5'7'' x 8'8''
Living roomSecondary Dwelling Unit14' x 11'9''
Dining roomSecondary Dwelling Unit9'3'' x 12'
KitchenSecondary Dwelling Unit11'11'' x 12'
Full bathroomAdditional Accommodation9'7'' x 4'11''
OtherAdditional Accommodation9'6'' x 8'7''
BedroomAdditional Accommodation13'5'' x 10'2''
BedroomAdditional Accommodation12'4'' x 13'5''
Full bathroomAdditional Accommodation8'8'' x 10'9''
Primary BedroomAdditional Accommodation16'3'' x 13'6''
Dining roomAdditional Accommodation6'2'' x 10'10''
Living roomAdditional Accommodation24'11'' x 16'
KitchenAdditional Accommodation15'6'' x 22'9''
StorageBasement15' x 13'2''
StorageBasement3'4'' x 7'10''
3pc BathroomBasement10'4'' x 9'5''
BedroomBasement13'10'' x 9'1''
BedroomBasement13'5'' x 16'
BedroomBasement10'6'' x 12'10''
Utility roomBasement8'9'' x 5'9''
Recreation roomBasement24'3'' x 12'10''
Family roomBasement34'2'' x 12'9''
KitchenBasement14'10'' x 17'4''
OfficeMain level11'7'' x 11'4''
Mud roomMain level10'9'' x 11'4''
Laundry roomMain level10'7'' x 6'2''
FoyerMain level6' x 8'6''
2pc BathroomMain level4'4'' x 6'2''
3pc BathroomMain level7'10'' x 8'1''
BedroomMain level10'6'' x 14'4''
BedroomMain level11'5'' x 14'
4pc Ensuite bathMain level12'1'' x 9'1''
Primary BedroomMain level15'4'' x 21'3''
Living roomMain level32'8'' x 21'
Dining roomMain level11'11'' x 13'9''
KitchenMain level22'1'' x 9'2''

Listing Information

MLS®
10392027
Listed
June 26, 2026
Time on market
On the market for 78 days
Data last synced
September 13, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

ONE OF A KIND MULTI-GENERATIONAL 13.7 ACRE COUNTRY FARM ESTATE in the heart of Glenmore Valley - walk to schools, shopping, play fields, bike to UBCO! Approx 11.5 Acres of irrigated Alfalfa in 2 fields, potential for cherries, apples, vineyard or your farm ideas! Multi family living potential with 2 homes, 2 inlaw suites, + 2100 SF garage/workshop, 3 double garages and more to house all the toys! UPPER HOME (3-371) features a Beautifully Renovated 4312 SF 3+3 Bedroom Rancher, with basement suite with separate entrance. Spacious open plan, Alder hardwood floors, Gourmet Upscale Maple shaker kitchen with huge island, granite counters, Executive office, Luxurious Open Primary bedroom suite out of sparkling hills. Huge luxurious semi closed patio & 16x36 pool with track cover for entertaining. Amazing detached shop/garage. 2ND HOME BUILT IN 1999 (1-2 -371) offers a 2271 SF 2 story style 4 Bed, 3 Bathrooms family home with Oak kitchen, formal living room and gas fireplace in family room. Huge primary bedroom with 3 piece ensuite, finished games room in built out garage and more, tons of storage. Attached 1830SF self contained rancher style 3 bed, 2 bath ""farm help"" inlaw suite is amazing - Oak hardwood floors, huge primary bed, 4 piece ensuite. PEX piping. Fenced backyard, tons of parking, double garage plus detached garage. ALR and agricultural use for low taxes. GST payable on 11.5 acres of farm land. It is the Best mix of Country Rural living with Central Convenience! (id:63159)

Values & Trends

This listing

$469/sqft

Building average

No other active listings in this building

North Glenmore average

$722/sqft

4 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

Mostly Cloudy

18°C

Mostly Cloudy

Humidity 41%

Wind WNW 22 km/h

Tonight

Sunday

22°

Sunday night

Monday

23°

Monday night

11°

Tuesday

20°

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.

Nearby Schools

SchoolTypeDistance
Watson Road ElementaryElementary895 m
Dr Knox Middle SchoolMiddle982 m
North Glenmore ElementaryElementary1.6 km
Glenmore ElementaryElementary2.3 km
Kelowna Arts Academy(Independent)K-123.1 km
Pearson Road ElementaryElementary3.2 km
Aberdeen Hall Preparatory School(Independent)K-123.4 km
Flex Academy(Independent)K-123.5 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.

Nearby Places

Restaurants (5+)

  • Satang Thai Cuisine · 1970 Kane Road391 m
  • Dozo House Sushi · 1970 Kane Road397 m
  • Mini Hoang Gia · 1940 Kane Road509 m
  • Aroma Pizza · 1940 Kane Road528 m
  • EK's Grill · 401 Glenmore Road642 m

Cafes (2)

  • Starbucks · 1970 Kane Road401 m
  • Tim Hortons · 1936 Kane Road565 m

Grocery (2)

  • Cooper's Foods · 1972 Kane Road295 m
  • IGA · 1940 Kane Road435 m

Parks (4)

  • Whitman Glen Park501 m
  • Brandt's Creek Linear Park594 m
  • Matera Glen Park646 m
  • Sutton Glen Park651 m

Gyms (1)

  • Neu Movement · 1974 Kane Road294 m

Pharmacies (3)

  • Save-On-Foods Glenmore Pharmacy · 1984 Kane Road239 m
  • Shoppers Drug Mart · 1972 Kane Road371 m
  • Pharmasave · 437 Glenmore Road633 m

Banks & ATMs (1)

  • Interior Savings Credit Union · 1982 Kane Road249 m

Healthcare (2)

  • Valley Medical Laboratories · 1940 Kane Road490 m
  • Glenvalley Medical Centre · 437 Glenmore Road639 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($790,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,160,000.00
Periodic payment — Principal & Interest (monthly)$20,387.25
Additional monthly expenses (strata, tax, utilities, etc.)$1,166.94
Total monthly cost$21,554.19
Interest paid over 5-yr term$905,665.08
Balance at end of term$2,842,430.22

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$790,000
Stress test qualifying rate8.09%
Payment you must qualify for$24,299.29

Cash Needed at Closing

Minimum down payment$790,000
Estimated BC PTT$115,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$907,000

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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