Property Type: Detached HouseOwnership: Freehold

550 Barra Lane

Kelowna, BC V1P1T3

$1,299,000

5 bed4.5 bath3 parking3,355 sqftBuilt 2018
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.17 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,425.07

Interior

Basement
Crawl space
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Fireplace type
Gas, Electric, Unknown, Unknown
Flooring
Tile, Laminate

Exterior & Lot

View
Mountain view, Valley view, View (panoramic), Unknown

Building

Roof
Asphalt shingle, Unknown

Parking

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

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
OtherSecond level9'8'' x 8'
4pc Ensuite bathSecond level24'11'' x 8'
Primary BedroomSecond level17'3'' x 14'1''
Laundry roomSecond level5'3'' x 7'
Family roomSecond level19'3'' x 14'5''
BedroomSecond level16' x 13'5''
BedroomSecond level11'10'' x 10'11''
3pc BathroomSecond level9'3'' x 5'5''
OtherMain level22'10'' x 30'11''
Utility roomMain level7'11'' x 6'4''
PantryMain level5'9'' x 13'10''
4pc Ensuite bathMain level10'5'' x 12'10''
Laundry roomMain level7'5'' x 9'2''
Living roomMain level19'1'' x 18'
Dining roomMain level8' x 10'10''
KitchenMain level8'11'' x 18'8''
FoyerMain level9'6'' x 7'2''
Primary BedroomMain level16' x 13'5''
2pc BathroomMain level5'8'' x 6'1''
BedroomMain level12'10'' x 9'10''

Listing Information

MLS®
10398533
Listed
August 22, 2026
Time on market
On the market for 9 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Horizon Realty · Data source: CREA DDF.

Description

Welcome to 550 Barra Lane. Perfectly positioned to capture panoramic valley and mountain views, this modern 5-bedroom, 4-bathroom home blends luxury with functionality. The open-concept main floor is filled with natural light, featuring a sleek, contemporary design with level walkout to patio and yard. The gourmet kitchen offers a gas cooktop, quartz counters, and a butler’s pantry, flowing seamlessly into the dining and living areas. A second primary suite with a full ensuite & a 5th bedroom/ den completes the main floor. Ideal for multi-generational families, guests, or main-floor living. Upstairs, the spacious family wing includes a stunning primary suite with a spa-inspired ensuite, custom walk-in closet, and private covered deck. Two additional bedrooms, a full bath, convenient 2nd laundry, and a large family room with an electric fireplace open to a private covered deck spanning the width of the home—perfect for relaxing or entertaining. Directly accessed from the main living area, enjoy a fully fenced yard ideal for kids and pets, and a large covered deck for al fresco dining. Additional features include a triple garage with EV charger, exterior parking for 3 cars and beautifully landscaped, low-maintenance yard. This home is perfect for families needing flexibility, buyers seeking space for aging parents or long-term guests. This is Black Mountain living at its finest—minutes to Black Mountain Elementary, & Golf, hiking trails, Big White, and YLW. (id:63159)

Values & Trends

This listing

$387/sqft

Building average

No other active listings in this building

Black Mountain average

$410/sqft

48 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

7

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
Black Mountain ElementaryElementary1.8 km
South Rutland ElementaryElementary2.3 km
Rutland ElementaryElementary2.5 km
Belgo Elementary SchoolElementary2.7 km
Rutland Senior SecondaryElementary2.8 km
Rutland Middle SchoolMiddle3.0 km
Okanagan Christian School(Independent)K-123.4 km
Quigley ElementaryElementary3.5 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

Parks (1)

  • Birkdale Park360 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($104,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,039,200.00
Periodic payment — Principal & Interest (monthly)$6,704.57
Additional monthly expenses (strata, tax, utilities, etc.)$786.76
Total monthly cost$7,491.32
Interest paid over 5-yr term$297,837.71
Balance at end of term$934,763.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$104,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,182.21

Cash Needed at Closing

Minimum down payment$104,900
Estimated BC PTT$23,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,380

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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