- Active
1583 Malbec Place
West Kelowna · Single Family
- Beds
- 5
- Baths
- 6
- Sqft
- 4,099
- Built
- 2024
Listed by REMAX Kelowna · MLS® 10364289
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Sign inAbout this home
Nestled in a a quiet cul-de-sac, this brand-new residence built by Palermo Homes combines privacy, luxury, and convenience in a 5 bedroom 6 bathroom 4100 sqft home. The welcoming entry opens to a private office and an elegant sitting room, setting the tone for the home’s sophisticated design. The expansive great room is bright and open, anchored by a tiled gas fireplace and direct access to a pool-sized backyard—ideal for entertaining or enjoying quiet. At the heart of the home, the gourmet kitchen impresses with custom cabinetry, waterfall quartz countertops, and high-end SS appliances. A full bedroom suite with a private entrance, walk-in closet, and ensuite bath is also located on this level, making it perfect for extended family or guests. The upper level provides a spacious family/games room with gas fireplace, and a covered patio with views of Okanagan Lake. The primary retreat is a true sanctuary, featuring a spa-inspired ensuite and a generous walk-in closet. Two additional bedrooms, each with their own ensuite, plus a convenient laundry room, complete the floor. Above the EV ready double garage, a fully self-contained 1-bedroom suite offers exceptional flexibility as a guest retreat or rental income opportunity. Located just minutes from West Kelowna’s wine trail, Mt. Boucherie Park, and top amenities, this residence delivers both a peaceful cul-de-sac lifestyle and easy access to everything the Okanagan has to offer.
Home facts
- Bedrooms
- 5
- Bathrooms
- 5 full + 1 half
- Interior
- 4,099 sq ft
- Year built
- 2024
- Storeys
- 2
- Parking
- 4
- Property type
- Single Family
- Garage
- Yes
- Fireplaces
- 2
- Area
- Lakeview Heights
- Listed
- September 29, 2025
- Structure
- House
- PID
- 031-272-568
- Common interest
- Freehold
Highlights
- Mountain view
- Pool
- Patio
- Private yard
- Double garage
- Fireplace
Features and inclusions
- Heating
- Forced air, See remarks
- Cooling
- Central air conditioning
- Flooring
- Tile, Hardwood
- Roof
- Asphalt shingle, Unknown
- Parking
- Attached Garage
- Lot
- Cul-de-sac, Central island
- Community
- Family Oriented
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
- $8,532
- Property tax
- $525/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $9,207
Purchase snapshot
- List price
- $1,799,999
- Down payment
- $360,000 (20%)
- Estimated mortgage
- $1,439,999
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
- $8,931
- 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 · 37%
Who lives here
Documents
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