What’s in a Home: Reasons to Invest in Luxury Real Estate in Kelowna

Kestrel Ridge's open kitchen and living area has plenty of light and room to breathe.

There are important decisions to be made when investing in the luxury real estate market in the Okanagan Valley, BC. Price is one thing, but you also have to ask yourself these questions:

• Do you plan to live in your home year-round or seasonally?
• Will your family come to stay and/or will you be entertaining guests often?
• Do you want a large yard or an easy-to-look-after after garden?
• Do you want to live in a rural or urban environment or somewhere in between?
• Does the home’s location fit your lifestyle?
• Does the house cater to your lifestyle?

Location can make the difference

High-end real estate in Kelowna comes in all shapes and sizes. There are the closer-knit neighbourhoods on Dilworth and Knox Mountains, expensive lakefront along Lakeshore, older homes near Pandosy, and then there’s the Kelowna Mission and Upper Mission areas, where you can escape the city but still take in incredible views of Okanagan Lake. Those planning to invest need to think about where they really want to live. Do you want the peace and quiet that nature provides or a busier lifestyle, where the roar of a motorboat or vehicular traffic won’t be much of a disturbance.

Developer-builder provides some of the answers

When considering the answers to what empty nesters or those looking to retire really want, Kelowna luxury home builders Elkay Developments and Rykon Construction, known for their Okanagan developments and custom homes with a contemporary and modern design, came up with Kestrel Ridge. Once completed, the 19-acre residential development will feature 57 Kelowna townhouses for sale, which Rykon refers to as paired homes as they are are semi-detached.

A few reasons to invest

Located in the desirable Kelowna Upper Mission neighbourhood, Kestrel Ridge is close enough to the city, with nearby shops and attractions such as golf courses and wineries, but it is immersed in natural surroundings. It is a theatre-style development, meaning the homes are only built on one side of the street. This allows for unobstructed views. It offers those WOW views from inside and outside the home, with windows and decks looking towards Okanagan Lake and the city below. The modern and contemporary architecture features special flourishes that give it an edge from other luxury homes for sale in Kelowna.

Some of these special flourishes include:

• Large and open single-level living space
• Finished walkout lower level
• Large master bedroom with walk-in closet and ensuite bathroom
• Kitchen where you can interact face-to-face with your guests and still enjoy those WOW views
• Separate entrance so guests don’t have to trek through a laundry room
• Functional mudroom
• 14-foot wide, 10-feet tall living room windows positioned to bring in light throughout the day and seasons

For more information on luxury Okanagan real estate, read our blog: Booming Okanagan Real Estate Market Calls For Kelowna Luxury Homes.

Of new listings in Kelowna, Kestrel Ridge stands out for its custom homes that take advantage of their incredible location – especially those views. Our homes are built for those who want to spend their best years in a living space tailored just for you, with more light, more lake and city views, more everything.