781 Wallace Road

6,112 sqft

9
Beds

8
Baths

This incredible 9 bed 8 bath income-producing luxury acreage offering over 6,000 sq.ft. sits on 2.5 acres of Okanagan beauty with breathtaking lake views and exceptional revenue potential. The property features a fully self-contained legal 2-bedroom suite plus an additional 1-bedroom and den/theatre room in-law suite, providing outstanding flexibility for multigenerational living, Airbnb potential, or long-term rental income. Adding even more value is approximately 1.5 acres of producing cherry trees including 80 Lapin trees and 100 Staccato trees generating approximately 10,000 lbs annually with room to expand by an additional 200 trees. This home showcases soaring ceilings, floor-to-ceiling windows, coffered ceilings, custom built-ins, and a striking linear fireplace. The chef-inspired kitchen features high-end stainless steel appliances, a massive island, butler’s pantry, and seamless access to the expansive covered deck overlooking the lake. The primary retreat offers panoramic lake views, a spa-inspired ensuite, walk-in closet, and private balcony. Complete with a triple car garage, abundant RV and boat parking, and located just minutes to wineries, golf, schools, shopping, and amenities, this property offers luxury, lifestyle, and exceptional long-term value in the heart of Kelowna. (id:67517)

• Property Details

  MLS® Number	10388111
  Property Type	Single Family
  Neigbourhood	Rutland North
  Features	Central Island, Two Balconies
  ParkingSpaceTotal	12
  ViewType	City View, Lake View, Mountain View

• Building

  BathroomTotal	8
  BedroomsTotal	9
  ArchitecturalStyle	Contemporary, Ranch
  BasementType	Full
  ConstructedDate	2015
  ConstructionStyleAttachment	Detached
  CoolingType	Central Air Conditioning
  ExteriorFinish	Stucco
  FireProtection	Security System
  FireplacePresent	Yes
  FireplaceTotal	2
  FireplaceType	Free Standing Metal
  FlooringType	Carpeted, Laminate, Tile
  HalfBathTotal	2
  HeatingType	Forced Air, See Remarks
  RoofMaterial	Asphalt Shingle
  RoofStyle	Unknown
  StoriesTotal	2
  SizeInterior	6,112 Sqft
  Type	House
  UtilityWater	Municipal Water

  Additional Parking
  Detached Garage	3

• Land

  Acreage	Yes
  Sewer	Municipal Sewage System
  SizeIrregular	2.5
  SizeTotal	2.5 Ac|1 - 5 Acres
  SizeTotalText	2.5 Ac|1 - 5 Acres

• Rooms

  Level	Type	Length	Width	Dimensions
  Second Level	Other			10'6'' x 7'8''
  Second Level	3pc Ensuite Bath			5'11'' x 7'3''
  Second Level	3pc Ensuite Bath			12'1'' x 6'1''
  Second Level	5pc Ensuite Bath			12'9'' x 15'4''
  Second Level	Other			10'9'' x 4'11''
  Second Level	Other			10'11'' x 8'8''
  Second Level	Bedroom			15'8'' x 12'10''
  Second Level	Bedroom			16'7'' x 14'9''
  Second Level	Primary Bedroom			15'6'' x 23'8''
  Main Level	Other			30'1'' x 44'8''
  Main Level	Laundry Room			7'3'' x 11'1''
  Main Level	2pc Bathroom			3' x 7'8''
  Main Level	2pc Bathroom			2'11'' x 7'1''
  Main Level	4pc Bathroom			11'9'' x 5'11''
  Main Level	Bedroom			13'4'' x 11'5''
  Main Level	Bedroom			13'5'' x 15'
  Main Level	Bedroom			13'5'' x '11''
  Main Level	Den			10'10'' x 6'9''
  Main Level	Other			9'10'' x 9'6''
  Main Level	Living Room			19'9'' x 17'
  Main Level	Dining Room			16'6'' x 11'6''
  Main Level	Kitchen			20'4'' x 12'3''
  Additional Accommodation	Other			14'10'' x 10'7''
  Additional Accommodation	Full Bathroom			7'5'' x 9'9''
  Additional Accommodation	Other			14'4'' x 12'9''
  Additional Accommodation	Bedroom			11'1'' x 12'7''
  Additional Accommodation	Other			12'10'' x 18'3''
  Additional Accommodation	Kitchen			7'6'' x 7'7''
  Additional Accommodation	Other			11'4'' x 6'2''
  Additional Accommodation	Full Bathroom			5'5'' x 11'1''
  Additional Accommodation	Bedroom			10'8'' x 12'9''
  Additional Accommodation	Bedroom			11'6'' x 13'2''
  Additional Accommodation	Other			16'10'' x 19'8''
  Additional Accommodation	Kitchen			10'6'' x 12'9''

• Utilities