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Ski chalet sells at auction $900K over assessment

A six-bedroom ski chalet in Revelstoke, with rental potential, sold by live auction during the current pandemic for $2.96 million, $900,000 above its assessed value.
Western Investor Staff
Harcourts Real Estate

Type of property: Recreational

Location: No. 14, 2080 Mackenzie Court, Revelstoke, B.C.

Number of units: 2

Size of property: 5,300 square feet

Land size: 0.73 acres

Zoning: CD 8 (comprehensive development: allows retail)

BC Assessment value 2020: $2.07 million

Opening bid at auction: $2 million

Final sale price at auction: $2.96 million

Date of sale: April 15, 2020

Brokerage: Harcourts Real Estate, North Vancouver, B.C.

Brokers: Theo Birkner and Greg Paddy