The luxury home auction takes place in Lake Country on July 18, 2019. (Submitted)

Luxury home auction kicks off in Lake Country

Questions circle around how an unreserved auction will work

The time has come for a luxury home in Lake Country to be auctioned off.

Leading up to the auction there were many questions swirling over how the unreserved processes would work and who exactly would be interested in the almost 9,000-square-foot home.

READ MORE: Luxury auctions return to the Okanagan

Alex Lambert with Lambert Premier Auctions said questions always come up about managing the risk for both the seller, buyer and themselves.

“It’s simply based on how many registered qualified bidders we get,” he said. “We are looking for at least five qualified registered bidders and one thing we have really noticed in the last five days is there has been a significant uptick in activity and viewings for the property. We have had more and more people in each day.”

Solaris, the luxury lakefront home, is located on a 1.1-acre parcel of land with a private beach.

READ MORE: Lake Country luxury home up for auction

The home is just under 9,000 square feet, with nine bedrooms and 10 bathrooms.

Running alongside this auction are separate charity events benefiting the Mamas for Mamas foundation, an Okanagan charity that offers poverty relief and mental health services to mothers, caregivers and their children.


@Jen_zee
jen.zielinski@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Just Posted

Salmon Arm cannabis retailers reflect on legalization

Edible products now legal, not expected to be available until December

CSRD won’t pursue referendum for Centennial Field purchase

Public opposition to borrowing $1.77 for park land heard by board directors

Memorial bench honours the contribution of former Salmon Arm fire chief Pat Shirley

The Shirley family has a long history with the Salmon Arm department going back to the early 1900s.

Kraft Heinz Project Play voting underway, an opportunity to light Larch Hills

Public participation needed to win $250,000 in project funding

Wood pellet supply a concern for Salmon Arm business

Prices increase after Pinnacle Renewable Energy steps away from bag sales

Memorial remembers North Okanagan’s most marginalized

Prayers and flowers for those who have died on the streets

Greta Thunberg calls for climate action in Alberta, but doesn’t talk oilsands

Swedish teen was met with some oil and gas industry supporters who came in a truck convoy

Scheer denies spreading ‘misinformation’ in predicting unannounced Liberal taxes

Conservative leader had claimed that a potential NDP-Liberal coalition could lead to a hike in GST

Council asks to limit cruise ship visits to Victoria harbour

Mayor says motion is not meant to curtail current visits or limit local cruise industry expansion

Chilliwack man pleads guilty in crash that killed pregnant woman

Frank Tessman charged under Motor Vehicle Act for accident that killed Kelowna school teacher

North Okanagan patients benefit from new staff and equipment

New physiatrist and much-needed equipment at VJH

Growing cherries, apples, pears — and big pumpkins

Boerboom worked to produce a massive melon from his Summerland farm

West Kelowna resort denies being fined after six bears destroyed

‘We are good with the compliance,’ said the resort’s operations manager

Workshops give North Okanagan businesses a boost

Small Business Week celebrated by Community Futures

Most Read