- Active
#1-3 – 371 Valley Road
Kelowna · Agriculture
- Beds
- 9
- Baths
- 6
- Sqft
- 8,414
- Built
- 1999
Listed by Royal LePage Kelowna · MLS® 10392027
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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!
Home facts
- Bedrooms
- 9
- Bathrooms
- 5 full + 1 half
- Interior
- 8,414 sq ft
- Year built
- 1999
- Storeys
- 4
- Parking
- 8
- Property type
- Agriculture
- Basement
- Full
- Garage
- Yes
- Carport
- Yes
- Area
- North Glenmore
- Style
- Ranch
- Listed
- June 26, 2026
- Structure
- Other
- PID
- 012-019-763
- Common interest
- Freehold
Highlights
- Mountain view
- Pool
- Patio
- Private yard
- Double garage
- Fireplace
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Gas, Range - Electric, Range, Dryer, Microwave, Hood Fan, Washer & Dryer
- Heating
- Forced air, Electric, See remarks
- Cooling
- Central air conditioning
- Flooring
- Tile, Hardwood, Laminate, Carpeted
- Roof
- Asphalt shingle, Unknown
- Parking
- Attached Garage, Detached Garage, Carport, See Remarks
- Lot
- Central island
Rooms and building
- Sewer
- Municipal sewage system, Septic tank
- Water
- Irrigation District
- Utilities
- Water, Sewer, Natural Gas
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $18,722
- Property tax
- $1,150/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $20,022
Purchase snapshot
- List price
- $3,950,000
- Down payment
- $790,000 (20%)
- Estimated mortgage
- $3,160,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $18,800
- At 4.7595 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $2,430 a month
- Gross yield
- 0.7%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Kelowna
Ten year average, 2016–2025.
- Average temperature
- 9.6°C
- Daily mean across the year.
- Yearly precipitation
- 242 mm
- On the drier side for BC.
- Bright sunshine
- 1,949 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Agricultural Land Reserve
- In the ALR
- Provincial farmland protection restricts subdivision and non-farm use.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 55%
Who lives here
Documents
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