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

Brian Minter to share passion for gardens and greenspaces at Salmon Arm Fair

Well-known B.C. master gardener to give presentation on Friday, Sept. 6.

Salmon Arm seniors enjoy the outdoors thanks to Rotary

Salmon Arm club fixes up and furnishes outdoor living spaces at Bastion Place

Salmon Arm Downtown Activity Centre owner wants to keep building alive

Support from community in form of tenants wanted for heritage building

Shuswap’s Rust Valley Restorers team rolling onto Netflix

Mike and Connor Hall, Avery Shoaf see television show picked up by streaming service

Grass fire breaks out on highway south of Vernon

Highway 97 traffic slowed as firefighters snuff grass fire

Drugs, cash and 11 people apprehended at Okanagan residence

RCMP executed warrant at a Vernon home for second time in a month

Wildfire sparks beside Highway 3 west of Keremeos

A wildfire on the side of Highway 3 just west of Keremeos… Continue reading

Salmon Arm’s Hideaway Beer Badgers take semifinal win over Vernon’s OKG

Final goes Saturday in Vernon versus number-one seed N.E.T.

Summerland relaunches net metering program

Event open house will be held Aug. 27 from 3 to 6 p.m in Arena Banquet Room

Conan turns to the Property Brothers for tips on buying Greenland

Jonathan Scott suggests removing glaciers and mountains to bring in ‘more natural light’

Jaws of Life used to rescue driver in North Okanagan crash

Single-vehicle MVI causes traffic delays on Highway 6

Forests minister visits B.C. town rocked by multiple mill shutdowns

A third of Mackenzie turns out for rally, not much to cheer about

Most Read