The auction of the luxury home was extended until July 25 to give bidders more opportunity. It ended Thursday night with a winning bid of $6.38-million. (File)

Lake Country home sells at auction for $6.38-million

The luxury home is located on 1.1-acres of lakefront property

A Lake Country home has sold for $6.38-million at auction.

Located at 15510 Whiskey Cove in Lake Country on a 1.1-acre parcel of land with a private beach, the home is just under 9,000 square feet, with nine bedrooms and 10 bathrooms.

View this post on Instagram

We are pleased to announce the successful sale of Solaris with a final sale price of $6.38 million! . . . The luxury home auction for the stunning 1.1-acre lakefront retreat in Lake Country, BC, closed on July 25th, 2019. We are excited by the success and would like to congratulate the sellers and new home owners on the completed sale of Solaris. . . . If you are interested in learning more about our proven approach or would like to know more about the Solaris auction, please contact us! Phone: 1-604-806-4422 Email: info@lambertpremierauctions.com Website: lambertpremierauctions.com . . . . #luxuryhome #luxuryrealestate #lakecountry #auction #Solaris #sold #homeauction #britishcolumbia #luxuryliving #buyers #sellers #realestate #luxuryhomes #lakefront #okanagan #kelowna #winecountry

A post shared by Lambert & Co. (@lambertco_) on

The residence was initially listed on the market for over three years with the most recent price being $7.99-million.

Motivated to sell, the previous homeowners went to Lambert and Co., a luxury home auction company, who set the home up for a live auction.

All-in-all, that process took just seven weeks to get the home off the market.

“The sellers were motivated to make a move and they were willing to try a unique process,” said Zach Nielson who’s in business and marketing operations with Lambert and Co.

“We’re constantly trying to find ways to bring the right types of people to these luxury homes. That’s kind of what makes us unique in the market and we take this as promise that it’s going to help the stalled B.C. market get moving again if enough people give us the opportunity to work with them.”

The bidding was open until Thursday, July 25, a week after the bid was initially supposed to close, allowing more bidders to come to the table.


@michaelrdrguez
michael.rodriguez@kelownacapnews.com

Like us on Facebook and follow us on Twitter.

Just Posted

City of Penticton expands scope for partner search to co-host civic events

Interested organizations have until 2 p.m. on Nov. 26 to submit their bid

Star Gazing: Observing dark energy

Calculating the mysteries of the universe

Penticton Vees acquire forward Lakoduk from Victoria Grizzlies

The Penticton Vees have acquired forward Darwin Lakoduk in a trade with the Victoria Grizzlies

Young Penticton mom hoping to beat cancer prognosis

Kelly Lerbekmo is not ready to leave her son without a mother

Penticton arts, culture and sports programs get boost of over $500,000 thanks to provincial grant

The B.C. Community Gaming Grants program will be distributing $505,900 to 18 local groups

Paper Playground gets children performing in North Okanagan

Performing Arts Centre show goes three times Sunday

Third man dies after Kamloops hit-and-run

Three men have now died as a result of the fatal collision on Nov. 3

Nearly half of B.C. drivers nervous in winter conditions: BCAA

‘Wait and see’ approach common practice for 32% of B.C. motorists

October 2019 Vernon’s coldest on record

This past month of October was the coldest since at least 1989

Letter: Finish downtown revitalization

Last three blocks of Main Street need some love

Letter: Support for Kooy

Seriously, Penticton Western News, go get some real news.

Autism support dog refused bus access for being a ‘pet’

B.C. grandmother files complaint with TransLink, calls for better awareness of service dogs

Students plan rally at B.C. education minister’s office as district strike enters third week

Saanich School District students plan to rally outside Rob Fleming’s constituency office in Victoria

Letter: Albertans swallowed propaganda of oil and gas economy fearlessly

Entrenched in a waning industry now, Albertans scramble in fear bolstering leaders

Most Read