Kelowna’s most walkable beachside community with lake views from the mid-$500s
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Bringing People Home, Home Buying, Peerage Partners |
August 14, 2022
Holding distinction as the fastest-growing metropolitan area in Canada, Kelowna is also regularly recognized as one of the most desirable places to live in the country.
In this sunny, laid-back pocket of B.C.’s wine country, the real estate market is strong, which is no surprise given the city’s coveted lifestyle offerings, from scenic Okanagan Lake, rolling orchards and sprawling vineyards to a globally lauded culinary scene and a vast collection of outdoor amusements.
Situated next to Boyce-Gyro Beach, Skywater at Movala is piquing the interest of discerning buyers eager to enter this exciting market and live the Okanagan lifestyle. Envisioned by Stober Group, a family-owned property management and land development company that has operated in Kelowna since 1962, Skywater represents the next phase of Movala — a community inspired by modern beachside living. Here, residents enjoy premium lake, mountain and city views, along with exclusive amenities such as The Lakeside Veranda, a resort-style amenity space featuring an outdoor pool facing Okanagan Lake, cozy hot tub and fireside lounges, barbecues and dining areas and a pristine bocce lawn.
The development’s concrete construction ensures quiet interiors, while its dynamic curves and warm tones seamlessly complement the surrounding landscape and beachside neighbourhood. SUPPLIED
Skywater’s initial release in June 2022 was an incredible success, with nearly $160 million dollars in real estate sold to date. However, buyers need not fret; there is still a good variety of one-, two- and three-bedroom homes available, each with expansive terraces showcasing epic views of Okanagan Lake, the city and valley from the mid $500s.
Skywater’s success points to strong interest in the beachside lifestyle offered in this coveted area of Kelowna. And whether you’re searching for your forever home or a savvy investment, buyers are making it known that the Okanagan is the place to be. According to Epic Real Estate Solutions, many buyers are locals who are ready to secure their final dream home or invest in their local market. Online real estate investment marketplace Fundscraper found that Kelowna is one of the top three emerging real estate markets in Canada, largely due to its high employment rate and strong construction and health-care sectors. The city is a major hub for the Okanagan’s billion-dollar technology sector, not to mention its steadily growing wine industry, which has barely tapped its potential for export growth, with 90 per cent of sales contained within B.C. Kelowna’s own tourism sector, which attracted 2.2 million travelers in 2021, with $98.3 million in room revenue.
“The Okanagan real estate market is likely the strongest market in Canada,” says Epic Real Estate Solutions president Shane Styles. “Kelowna, in particular, is better positioned than ever before as we enter a shifting market. It’s the search for the ideal lifestyle that is fueling all the interest, and Skywater at Movala is the perfect example of a new development capturing the attention of locals and national buyers seeking better weather, endless recreational opportunities and great growth potential.”
Situated next to Boyce-Gyro Beach, Skywater at Movala is piquing the interest of discerning buyers eager to enter this exciting market and live the Okanagan lifestyle. SUPPLIED
Skywater was designed with Stober Group’s signature sustainability focus, boasting LEED certification with planet-friendly practices such as carbon-reducing heating and cooling systems, energy-efficient lighting fixtures and electric vehicle charging. Each architectural element was curated to promote year-round enjoyment, foster a close-knit community and encourage indoor-outdoor living. The development’s concrete construction ensures quiet interiors, while its dynamic curves and warm tones seamlessly complement the surrounding landscape and beachside neighbourhood.
Construction on Movala has already started, with the completion anticipated for 2025. To secure your new home in Skywater at Movala, visit movala.ca today.
This story was provided by Epic Real Estate Solutions for commercial purposes.
