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Photo: Contributed A new luxury real estate development coming to the shores of Kalamalka Lake is set to offer an exceptional blend of the laid back Okanagan lifestyle and exciting local amenities. Seven years in the making, the recently approved Owl’s Nest Estates is an exclusive collection of 28 net-zero, standalone homes where residents are steps away from the beach while still being only a 15 minute drive to Kelowna International Airport. The development is situated on Kalamalka Lake, known for its stunning, turquoise waters, that have earned it a spot on National Geographic's list of the top 10 most beautiful lakes in the world.

This natural wonder will be the focal point of Owl’s Nest Estates, providing residents with unparalleled waterfront access and a rare private marina. In a significant move towards sustainability, each home in Owl’s Nest Estates will be also designed for net zero energy consumption. The homes will feature solar arrays that power air-source heat pumps for heating and cooling.



Overall, each home will produce as much energy as it consumes over the course of a year. The development will also include natural gas for patio heaters, fire tables, barbecues, gas ranges and indoor fireplaces, blending modern convenience with environmental responsibility. Nestled into the scenic hillside, the approved development promises a collection of exquisite, three-storey walkout homes, each boasting expansive living spaces from 2,671 to 4,236 square feet.

This excludes the generous, multi-tiered outdoor terraces, designed for residents to easily enjoy the surrounding natural beauty. Featuring luxury interiors with opulent finishes, integrated wine walls and ample storage, capture the essence of upscale living while offering enough space for all the toys that come with the Okanagan lifestyle. Owl’s Nest Estates presents seven unique floor plans, all featuring double-car garages, and one exclusive model offering a triple-car garage option.

It’s one of the rare developments that offers a private marina, allowing homeowners to purchase one of 20 boat slips. A community amenity building will also provide access to multi-purpose sport courts, communal fire pits and meandering pathways leading to the private lakefront, ensuring residents have endless opportunities for recreation and relaxation. Located directly on the Okanagan Rail Trail, a 52-kilometre pathway that stretches from Kelowna to Vernon, Owl’s Nest Estates will provide residents with easy access to one of the region’s premier cycling and walking routes.

The Central Okanagan location places homeowners near world-class golf courses, award-winning wineries and top-tier ski resorts. Additionally, Kelowna International Airport is just a 15-minute drive south on Highway 97, offering convenience for frequent travellers. The approval of Owl’s Nest Estates marks a significant milestone for luxury real estate in the Okanagan Valley.

This development promises to deliver a unique combination of sustainable living, luxurious amenities and stunning natural beauty. Prospective buyers will have the opportunity to immerse themselves in the renowned Okanagan lifestyle, enjoying everything from award-winning dining and wine tasting to outdoor adventures on and around the iconic Kalamalka Lake. As sales begin, the interest in a rare lakeside home ownership opportunity is expected to be high, with buyers eager to secure a piece of the Okanagan Lifestyle.

To learn more about living at Owl’s Nest Estates, click here . Photo: Contributed This article is written by or on behalf of the sponsoring client and does not necessarily reflect the views of Castanet..

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