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Legal suite

$1,728,888

1054 Oak Barrel Place

Beds

6

Baths

4

Sqft

Year

2024

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

NO GST! A sprawling 4025sqft home boasting 6 bedrooms including a 2 bedroom legal suite, LAKE VIEWS, a triple car garage, a gorgeous pool-sized yard positioned on a large 0.26 acre lot in the HEART OF LAKEVIEW HEIGHTS. Tucked in the middle of one of West Kelowna quickest growing neighbourhood for desirability, you are walking distance to top-rated wineries, minutes to beaches, groceries, coffee shops & breweries with Kalamoir regional Park hiking trails nearby but only 10min to downtown Kelowna - this location is unparalleled. This stunning home greets with with inviting, light-filled spaces complimented with luxury-rated finishings. The kitchen is designed with bright cabinetry, warm wood tones, a large island & a butlers pantry. Large patio-sliding doors take you from the dining space out to a covered deck overlooking the backyard and lush Okanagan views. Upstairs is a perfect layout for the family with a bonus loft space and a front facing sundeck to take in your captivating surroundings. You'll love the lower level with a walk-out design, bathroom and wet bar connecting to outside, oversized family room and a private 2 bedroom spacious sound proofed suite. Partially fenced, private flat yard has been roughed in for a pool. This incredibly designed home with such thoughtful functionality can only be achieved by an exceptionally experienced home builder such as FALCON CREST SIGNATURE HOMES. Don't wait on this amazing opportunity, this is a must see! (id:65958)

Subtype
Single Family
Architectural style
Contemporary
Structure
House
Community
Lakeview Heights
Common interest
Freehold
Living area
4,025 square feet
Lot size
0.26 acres
Lot dimensions
0.26
Parking
3 total
Stories
3
Fireplace
2
On market
Apr 1, 2026
Status changed
Apr 13, 2026
Annual tax
$7,859.13
Photos
66
MLS#
10381598
Area
WEST_KELOWNA

Features and systems

Parking

Attached GarageOversize

Basement

Full

Appliances

WasherRefrigeratorDishwasherDryerMicrowaveOven - Built-InHood FanSee remarks

Heating

Forced air

Cooling

Central air conditioning

Flooring

Vinyl

Roof

Asphalt shingleUnknown

Lot

Cul-de-sacIrregular lot sizeTwo Balconies

View

Lake viewMountain viewValley viewView (panoramic)Unknown
Negative cash flow ~$1,663/mo at these assumptions

Cash on cash

-5.77%

Cap rate

4.74%

GRM

13.9

Break-even rent

$12,125

Financing

Down payment$345,778
Loan amount$1,383,110
Mortgage$8,485/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$792
Insurance$80
Maintenance$1,441
CapEx reserve$720
Vacancy loss$519

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for West Kelowna. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $8,485/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.

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