For Sale: 781 Wallace Road, Kelowna, BC - REW
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$2,389,000
9 bd 8 ba 6112 sf House
781 Wallace Road
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781 Wallace RoadKelowna, BC, V1X 4T5

Rutland
  • 9 Bed
  • 8 Bath
  • 6112 Sqft
  • House

About this home

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:63626)
Listed by: Kaila Klassen, Royal LePage Kelowna

Home facts and features

Price details
List Price
Gross Taxes for 2026
$11,640
Home facts
Bedrooms
9
Full Bathrooms
6
Partial Bathrooms
2
Parking Spaces
12
Parking Details
Additional Parking, Detached Garage
Property Type
House
Lot Size
2.5 acres
Depth
Year Built
Built in 2015 (11 yrs old)
Title
Freehold
Style
RanchContemporary
Exterior Finish
Stucco
Heating Type
Forced air, See remarks
Cooling
Central air conditioning
Basement Details
Full
Features
Central island, Security system, Two Balconies
Community
Agent details
Primary Agent
Primary Broker
Royal LePage Kelowna
Listing details
Days on REW
63 Days
Property Views
91
MLS® Number
10388111
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Rutland Elementary School
  • Public
  • K - 5
Rutland Middle School
  • Public
  • 6 - 8
Rutland Senior Secondary School
  • Public
  • 9 - 12
Pearson Road School
  • Public
  • Pre-K - 5
South Rutland School
  • Public
  • Pre-K - 5
Heritage Christian School
  • Independent
  • K - 12
Belgo Elementary School
  • Public
  • K - 6
Studio 9 Independent School of the Arts
  • Independent
  • K - 12
Quigley Elementary School
  • Public
  • K - 5
Okanagan Adventist Academy
  • Independent
  • K - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-07-21.