New Housing Projects in Penticton

What’s New This October in Housing Projects in Penticton?

The City of Penticton is growing, with the construction of new homes and several development projects in various stages of completion. Currently, and over the next few years, we’ll be seeing a marked increase in new listings for condo units, townhouses, and single-family homes for sale!

If you are looking for a lot to purchase to build a new home, The Ridge Penticton has sold out Phase One lots, but some house and lot packages remain in Phase Two. Phase 3 at Skaha Lake Towers are being offered for sale bringing 100 new condo doors for sale to Penticton. Residential lots are available on Abbott Street, and the new construction of 14 townhouses is now underway at 1830 Ridgedale Avenue. Over 40 townhouses are currently under construction and will be available soon in multiple locations throughout Penticton. Townhouses are typically more affordable than single-family homes, and we’re seeing several popular amenities added, such as shared outdoor spaces and common areas., these townhouses are often located near public transportation and other services, making them a convenient option for those who want to live close to our bustling downtown.

The Bluffs at Skaha is a new residential development and will include 40 single-family lots overlooking Skaha Lake with fabulous mountain and bluff views. This new residential community will provide single-family homes with access to nature trails for hiking and biking. Penticton is well known for its beautiful weather and stunning scenery, making it the perfect place to retire or raise a family. There are a variety of floor plans to choose from, and all of the homes are energy-efficient and built to the highest standards. Plus, this community is just a short drive from downtown Penticton, making it easy to enjoy all that the city has to offer. If you’re looking for a place to call home, Penticton is the perfect choice.

There are several more proposed developments that are being considered but not currently approved. To stay up to date on housing projects, visit the City of Penticton’s website, or call Shannon Simpson for advice on the latest South Okanagan real estate listings.

Penticton Real Estate

Honesty, integrity, clear communication, and our hard work will help you buy and sell your property in Penticton! I have more than thirty years of sales and marketing experience, and I’m always excited to bring my comprehensive business background and negotiating skill set to work for you.

CONNECT WITH SHANNON SIMPSON

https://www.simpsonsellspenticton.ca/contact-shannon