Property Type: Detached HouseOwnership: Freehold

4524 Eldorado Court Unit# 5

Kelowna, BC V1W1G3

$3,999,000

4 bed4.5 bath6 parking3,642 sqftBuilt 1989
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.38 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$165/mo
Annual property tax
$21,913.51

Maintenance Fee Includes

Management

Also included: Reserve Fund Contributions

Interior

Basement
Crawl space
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (3)
Fireplace type
Insert
Flooring
Tile, Hardwood, Slate, Carpeted

Exterior & Lot

Exterior features
Brick
View
Lake view, Mountain view, Valley view, View of water, View (panoramic)
Waterfront
Waterfront on lake
Pool
Pool, Inground pool, Outdoor pool

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
6 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Utility roomSecond level4'9'' x 7'11''
Laundry roomSecond level6'9'' x 15'4''
3pc Ensuite bathSecond level9' x 7'1''
3pc BathroomSecond level9'6'' x 4'10''
BedroomSecond level14'8'' x 9'6''
BedroomSecond level17'4'' x 11'10''
BedroomSecond level11'8'' x 11'11''
5pc Ensuite bathSecond level13'5'' x 15'9''
Primary BedroomSecond level20'0'' x 29'0''
2pc BathroomMain level7'9'' x 4'11''
DenMain level11' x 11'6''
DenMain level12'7'' x 12'9''
Living roomMain level18'7'' x 16'7''
Dining roomMain level12'10'' x 15'2''
Family roomMain level18'10'' x 20'10''
KitchenMain level19' x 22'9''

Listing Information

MLS®
10397977
Listed
August 19, 2026
Time on market
On the market for 12 days
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty · Data source: CREA DDF.

Description

Discover luxurious lakeshore living at ELDORADO ARMS II. This impressive 2-story home is set on a flat .38-acre parcel in the Lower Mission with a private boat dock! Warm & welcoming, this home features an open-concept design with slate flooring throughout & an easy connection to the beautifully landscaped, private fenced yard. Step outside to enjoy the lakefront gazebo, in-ground pool, & direct access to the lake. Perfect for relaxing, entertaining, & making the most of the Okanagan summers. The main floor offers plenty of space for both everyday living & entertaining, including 2 offices, a games room, & a large kitchen with an island, granite counters & stainless steel appliances. The dining room & inviting living room, complete with a wood-burning fireplace, create comfortable gathering spaces for family & friends. The upper level features 4 bedrooms, including the large primary suite featuring its own private lake-view balcony, a luxurious 2-person jetted tub, & a glass walk-in steam shower with a bench seat. 3 additional bedrooms, laundry room & 2 bathrooms are also located on this level, creating an ideal family-friendly layout. This home has a 3 car garage finished with slate flooring, granite countertops, & plenty of custom cabinetry for storage. With its spacious layout, private outdoor setting, pool, & direct lakeshore access, this is a wonderful home for embracing the relaxed, welcoming lakeshore lifestyle that makes the Okanagan so special. (id:63159)

Values & Trends

This listing

$1,098/sqft

Building average

No other active listings in this building

Lower Mission average

$696/sqft

94 active listing(s)

Parking: 6 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

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

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

22

4/9 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
Lakeside School Kelowna(Independent)Elementary490 m
Anne McClymont ElementaryElementary798 m
Okanagan Mission SecondaryElementary1.2 km
Dorothea Walker ElementaryElementary1.4 km
Bellevue Creek ElementaryElementary1.7 km
de l'Anse-au-sableK-122.0 km
Chute Lake ElementaryElementary2.9 km
Canyon Falls Middle SchoolMiddle3.1 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 (1)

  • DunnEnzies · 4638 Lakeshore Road682 m

Cafes (1)

  • Milk Shed · 4629 Lakeshore Road700 m

Grocery (1)

  • Sunshine Market602 m

Parks (5+)

  • Eldorado Road Beach Access148 m
  • Cascia Linear Park281 m
  • Collett Road Beach Access446 m
  • Sarsons Beach Park574 m
  • Farris Road Beach Access617 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($799,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,199,200.00
Periodic payment — Principal & Interest (monthly)$20,640.15
Additional monthly expenses (strata, tax, utilities, etc.)$2,172.93
Total monthly cost$22,813.08
Interest paid over 5-yr term$916,899.92
Balance at end of term$2,877,690.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$799,800
Stress test qualifying rate8.09%
Payment you must qualify for$24,600.73

Cash Needed at Closing

Minimum down payment$799,800
Estimated BC PTT$117,950
Legal / closing costs (typical estimate)$1,500
Total cash needed$919,250

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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