- Active
1587 Malbec Place
West Kelowna · Single Family
- Beds
- 5
- Baths
- 6
- Sqft
- 4,516
- Built
- 2024
Listed by REMAX Kelowna · MLS® 10364640
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Sign inAbout this home
Built by award-winning Palermo Homes, this new custom home offers over 4,500 sq. ft. on a corner lot with one of the area's most desirable family floor plans. Featuring 4 bedrooms upstairs, a family room, versatile flex spaces, a legal suite, and a triple garage, it's designed to adapt as your family's needs change. The main level boasts two flex spaces currently set as an office and open seating area, an open-concept great room with a tiled fireplace, chef's kitchen with premium appliances, waterfall quartz island, abundant cabinetry, and walk-in pantry. A powder room and mudroom complete this level. Upstairs, the family room with its own gas fireplace opens onto a covered patio. The primary suite includes a spa-inspired ensuite with heated floors and walk-in closet. Three additional bedrooms, 3 more bathrooms, and a spacious laundry room provide excellent functionality. The self-contained 1-bedroom legal suite is ideal for extended family or rental income. Additional features include an oversized driveway, triple garage, EV charger rough-in, designer lighting, architectural exterior lighting, a pool-sized backyard, and exceptional curb appeal. Located in Vineyard Estates, minutes from Mission Hill Winery, Mt. Boucherie trails, Okanagan Lake, beaches, schools, and amenities, this home delivers a rare 4-bedroom-up floor plan with flexibility for every stage of family life.
Home facts
- Bedrooms
- 5
- Bathrooms
- 5 full + 1 half
- Interior
- 4,516 sq ft
- Year built
- 2024
- Storeys
- 2
- Parking
- 8
- Property type
- Single Family
- Garage
- Yes
- Fireplaces
- 2
- Area
- Lakeview Heights
- Style
- Contemporary
- Listed
- October 2, 2025
- Structure
- House
- PID
- 031-272-649
- Common interest
- Freehold
Highlights
- Mountain view
- Pool
- EV charging
- Patio
- Private yard
- Fireplace
Features and inclusions
- Heating
- Forced air, See remarks
- Cooling
- Central air conditioning
- Flooring
- Tile, Wood
- Roof
- Asphalt shingle, Unknown
- Parking
- Attached Garage
- Lot
- Cul-de-sac, Private setting, 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
- $9,238
- Property tax
- $567/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $9,954
Purchase snapshot
- List price
- $1,949,000
- Down payment
- $389,800 (20%)
- Estimated mortgage
- $1,559,200
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
- $9,670
- 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
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.