This custom home has been appraised at $1,051,000. It is selling for well below that.
The insurance professional appraisal replacement cost of house = $ 766,000.00 (without lakeview lot).

It is an ideal in-law self contained 1500 sq. ft. suite or revenue from a lakeview Bed & Breakfast.

Features:

• 3500 sq ft
• Maintenance free exterior – windows and beams are metal covered
• Under all brick pillars are 8 ft concrete posts
• Lower level is framed in Fir lumber
• All trussed rafters are 2 x 6 lumber
• Trussed 2 x 4 floor joists
• Lower level has under concrete heating ducts
• Lower level has separate furnace and separate thermostat
• Electronic filters on both furnaces for anyone with allergies
• Lower level is self contained with a separate entrance and lakeview patio
• Two 4 ft fresh air fireplaces with fresh air intakes from outside
• Intercom and stereo throughout – you can also play your CD’s by plugging into wall jack
• 24 x 28 ft garage with hot and cold water, sink drain and 220 wiring
• 18 ft garage roll up door
• Garage is insulated
• 3 rows of rebar in footings and 3 rows of rebar in concrete walls
• 3/4 inch select walnut flooring in dining room and living room
• Light industrial porcelain tiles
• Brick courtyard on entry to front door
• Lower level has solid core walnut doors, some with ball bearing hinges
• Lower level has fully lighted kitchen ceiling
• Lighted closets upstairs and down
• 4 piece ensuite in master bedroom
• Room for a pool
• Exterior is brick, siding and stucco

The deluxe in-law suite has a separate furnace and thermostat, a separate entrance and a lakeview patio. It can collect revenue as:

• A rental suite
• Bed and breakfast
• In-law residence

This beautiful Peachland home is selling for far below the replacement cost.