Property Type: Detached HouseOwnership: Freehold

7654 Falcon Ridge Crescent

Kelowna, BC V1P1J1

$1,749,000

6 bed4.5 bath2 parking3,651 sqftBuilt 1991
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
1.11 acres
Frontage
104 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,319.4

Interior

Basement
Full
Heating
Forced air, Electric, See remarks
Cooling / A/C
Heat Pump
Fireplace
None
Flooring
Hardwood, Carpeted, Ceramic Tile

Exterior & Lot

Exterior features
Brick, Cedar Siding
View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage, Detached Garage, Additional Parking

Room Dimensions

RoomLevelDimensions
Utility roomLower level4'11'' x 15'8''
Family roomLower level10'10'' x 7'4''
DenLower level12'0'' x 10'1''
BedroomLower level10'10'' x 9'1''
BedroomLower level11'5'' x 14'7''
Recreation roomLower level17'1'' x 15'5''
Full bathroomLower level7'7'' x 5'10''
KitchenLower level15'7'' x 16'11''
FoyerMain level11'4'' x 9'8''
Partial bathroomMain level2' x 6'
5pc Ensuite bathSecond level18'2'' x 13'2''
3pc BathroomSecond level5'9'' x 9'6''
BedroomSecond level10'0'' x 13'0''
BedroomSecond level9'8'' x 16'4''
BedroomSecond level13'7'' x 12'5''
Primary BedroomSecond level11'1'' x 24'2''
SunroomMain level11'8'' x 8'4''
Laundry roomMain level9'6'' x 15'1''
OfficeMain level11'1'' x 13'10''
KitchenMain level23'0'' x 15'10''
Dining roomMain level14'1'' x 15'4''
Living roomMain level11'11'' x 18'2''

Listing Information

MLS®
10389870
Listed
June 8, 2026
Time on market
On the market for 84 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Okanagan · Data source: CREA DDF.

Description

Updated, Big Shop, Guest Suites, with all the Bells and Whistles! This 6 bedroom plus a den, 4 bath renovated home features all sorts of smart technology, outdoor LED lights, an electronic gate, and more- not to mention a chef’s dream kitchen with dual quartz waterfall islands, a smart oven, a pot filler, a hidden microwave, security-camera TV integration, a secret butler’s kitchen with a double oven, second sink, and motion-lit cabinetry. Daily chores get an upgrade in the mudroom with heated tile floors, a live-edge laundry counter, and an automatic electronic dog door for your VIP furry friend. The upper level holds three more bedrooms and a bathroom as well as the primary suite which boasts a freestanding soaking tub, a secondary laundry, a steam shower with body jets, and color-changing smart lights. Guests will love their own space downstairs where there are 2 more bedrooms and a den. The fully fenced backyard is an outdoor paradise ready for weekend action with a hot tub, a covered lit deck, a paver patio, a multi-purpose she-shed/chicken coop, a double garage with an EV charger, and a paved driveway leading to covered RV parking with full hookups. To top it all off, the massive 200-amp detached shop with its own bathroom also offers a 3 bedroom guest suite perfect for multi generational living—plus the ultimate showstopper hidden beneath: a fully cemented underground bunker currently configured as a private home gym and theater room because, honestly, who needs a panic room when you can have a private cinema? Too many extras to list, book your showing today to experience this unique one of a kind property. (id:63159)

Values & Trends

This listing

$479/sqft

Building average

No other active listings in this building

Joe Rich average

$624/sqft

16 active listing(s)

Parking: 2 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.

Nearby Schools

SchoolTypeDistance
Black Mountain ElementaryElementary9.0 km
Rutland ElementaryElementary11.4 km
South Rutland ElementaryElementary11.5 km
Rutland Senior SecondaryElementary11.9 km
Belgo Elementary SchoolElementary12.0 km
Rutland Middle SchoolMiddle12.1 km
Ellison ElementaryElementary12.4 km
Okanagan Christian School(Independent)K-1212.4 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: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($349,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,399,200.00
Periodic payment — Principal & Interest (monthly)$9,027.16
Additional monthly expenses (strata, tax, utilities, etc.)$626.28
Total monthly cost$9,653.45
Interest paid over 5-yr term$401,014.74
Balance at end of term$1,258,584.93

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$349,800
Stress test qualifying rate8.09%
Payment you must qualify for$10,759.36

Cash Needed at Closing

Minimum down payment$349,800
Estimated BC PTT$32,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$384,280

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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