- Active
1531 Cabernet Way
West Kelowna · Single Family
- Beds
- 6
- Baths
- 6
- Sqft
- 6,855
- Built
- 2022
Listed by Royal LePage Kelowna · MLS® 10401802
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Sign inAbout this home
1531 Cabernet Way is a custom 6,855 sq. ft. modern farmhouse built by award winning Palermo Homes, showcasing exceptional craftsmanship and sweeping lake, mountain and valley views. Finished with striking Shou Sugi Ban burnt wood siding and Pangaea Stone, this 6 bedroom, 6 bathroom home blends distinctive architecture with a highly functional layout for family living and entertaining. The expansive main level features soaring ceilings, a striking fireplace and chef inspired kitchen with double waterfall island, custom cabinetry and hidden walk in pantry. Living and dining areas flow to the private, newly landscaped backyard and expansive covered patio space, with plenty of room to add a pool. A formal dining room, breakfast area, gym, mudroom and impressive private office with soaring ceilings and its own exterior entrance complete the main level. Upstairs are 5 spacious bedrooms, 3 bathrooms, multiple laundry rooms with extensive cabinetry and storage, and a spectacular lake view lounge with dramatic vaulted ceilings, wet bar and covered view deck. The primary retreat offers 2 walk in closets, a lake view reading area and spa inspired ensuite with soaker tub, oversized tiled shower and dual vanity. The lower level includes a self contained legal 1 bed suite positioned separately for added privacy. A triple garage, remarkable sunset views and proximity to Mission Hill, Okanagan Lake, Mount Boucherie, trails and amenities complete this exceptional West Kelowna home.
Home facts
- Bedrooms
- 6
- Bathrooms
- 5 full + 1 half
- Interior
- 6,855 sq ft
- Year built
- 2022
- Storeys
- 2
- Parking
- 7
- Property type
- Single Family
- Garage
- Yes
- Fireplace
- 1
- Area
- Lakeview Heights
- Listed
- September 25, 2026
- Structure
- House
- Frontage
- 106 feet
- PID
- 031-273-114
- Common interest
- Freehold
Highlights
- Mountain view
- Gym
- Pool
- Patio
- Private yard
- High ceilings
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Gas, Dishwasher, Dryer, Microwave, Oven - Built-In
- Heating
- Forced air, See remarks
- Cooling
- Central air conditioning
- Flooring
- Tile, Hardwood, Carpeted
- Parking
- Attached Garage
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
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
- $14,215
- Property tax
- $875/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $15,240
Purchase snapshot
- List price
- $2,999,000
- Down payment
- $599,800 (20%)
- Estimated mortgage
- $2,399,200
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
- $14,880
- At 4.9615 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
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.
- 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 · 39%
Who lives here
Documents
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