Kootenay Business: Real Estate Report -- Recreational Property & Developments

Northwood Estates under construction

2008-05-22T21:25:00.000-07:00

Cranbrook's busy real estate market and near zero rental market continues to fuel additional construction projects throughout the city. Highland Realty in Cranbrook, owned by developer/realtor Ron Stuckey, is in the midst of building a new housing development on the northside of the city.

The 44-lot development overlooks Cranbrook's popular quad ball diamonds.Called Northwood Estates, this development is similiar to the company's recently completed and successful Orchard Park Estates.

Construction is well underway on half a dozen homes on the west side of the property. Cranbrook's New Dawn Developments is handling the building contracts for the development.Complete homes and lots start at about $336,000.

For more information about Northwood Estates visit their website at http://www.highlandproperties.ca/home.php.

#1 and #2 most expensive properties in the Kootenays

2008-05-13T21:38:00.001-07:00

At $7.5 million this piece property in Radium Hot Springs is currently the most expensive listing on the Multiple Listing Service (mls.ca) in the Kootenays. The 97 acres is surrounded by Kootenay National Park on three sides with Radium Golf Resort below. Views of the Rocky Mountains, Purcell Mountains, Columbia Valley, Lake Windermere, and the resort golf course. The property is serviced with electricity, telephone and water and the access road is maintained by the Dept. of Highways. Currently zoned A2, not in the ALR and fits with Regional District philosophy to develop adjacent to existing developments. There is a house and barn on property, some open meadows & merchantable timber with old roads from past logging. It is located on 8295 Radium Golf Course Road, Radium Hot Springs, BC
Listing agent: Rodger Peterson, McBride Realty 250 569 2793

#2
At $5.5 million this tract of property at the base of the Steeples is the 2nd most expensive in the Kootenay MLS region. It is a spectacular 800 acres with 5 titles. Completely private backing onto Steeple Mountain Range / Mause Creek with a second home on property as well as mobile home pad. Includes beautiful creek running thru property and gorgeous views of the Steeples & Purcells with south exposure. It is located at the end of Mause Creek Road near Fort Steele.
Listing agent: Phillip Jones, East Kootenay Realty 250 426 8211

Mount Royal Estates under development

2008-05-08T16:36:00.000-07:00

Summit West Investments is moving a lot of dirt these days as it prepares the in-ground infrastructure of its new subdivision called Mount Royal Estates.

Located above the existing Mount Royal area, this 52-acre subdivision offers a spectacular view of the City of Cranbrook and the surrounding area.

These half-to-one acre sized lots (many with sold signs on them already) come with complete architectural guidelines to ensure development integrity and value.

Summit West Investments is lead by Sheldon Isaman who is responsible for conception and implementation of the company’s development visions and plans.

Summit West Investments is also in the process of developing two other projects in the Kootenays, namely Koocanusa Landing on Koocanusa Lake and Gray Creek Estates near Kootenay Lake.

For more info visit their corporate website http://www.summitwest.ca/.

Creston's Hawk View Estates Soars

2008-04-28T21:56:00.000-07:00

Hawk View Estates in Creston has sold out their first phase of 40 lots and construction is progressing rapidly on a number of homes in the new development.

Phase II of 30 lots are now pre-selling and over a quarter of those lots have already been pre-sold. Hawk View Estates is located in the heart of the Kootenays overlooking the beautiful Creston Valley.

If you are thinking of building a home today or if you want to invest for the future, then Hawk View Estates in Creston is an attractive choice. There are a total of 104 fully serviced view lots available to choose from.

For more info visit www.hawkview.ca

Build out continues at Purcell Point in Invermere

2008-04-27T21:21:00.000-07:00

One of Calgary's biggest developers is busy working on the new phases of Purcell Point in Invermere. Purcell Point is a 70-unit townhouse complex offering recreational quality living while being close to the centre of Invermere.

The development is being marketed throughout the valley and, of course, into the red-hot Calgary market. The total development is valued at over $25 million. Purcell Point is located across from the Invermere hospital on 10th Ave.

The units are typically selling in the $200,000+ range. Cardell Homes has also built a similiar project at Kicking Horse Mountain Resort in Golden in the past. For more information visit http://www.cardelhomes.com/

Options abound in recreational properties

2008-04-22T09:23:00.000-07:00

The Kootenay region in the Kootenay Rockies is one of the hottest recreational property regions in western Canada. We are pleased to provide our readers with an exclusive preview of many of area’s most exciting recreational property developments.

We believe this is the most comprehensive list of recreational real estate developments available to potential buyers. Simply click on the accompanying website links and take a virtual stroll through these outstanding recreational properties. We hope you enjoy the tour!

Castlegar, B.C.

Arrow Lakeside Resort
Luxury lakeside resort condos
http://www.arrowlakeresort.com/

Marina Ridge Condos
Waterfront condominium complex
http://www.kalsobay.com/

Twin River Estates
Spectacular 60-lot waterfront community.
http://www.twinriverestates.com/

Cranbrook, B.C.

Koocanusa Landing--Wardner
Strata lots of Koocanusa Lake
http://www.koocanusalanding.com/

Shadow Mountain Golf Community
Gated recreational lifestyle community
http://www.shadowmountain.ca/

Wildstone
Resort lifestyle community
http://www.discoverwildstone.com/

Creston, B.C.

Hawk View Estates
104-lot development community
http://www.hawkview.ca/

Fernie, B.C.

Black Rock Estates
Private building lots
http://www.blackrockfernie.com/

Canyon Peaks Mountain Homes
New Alpine Trails community
http://www.canyonpeaks.com/

901 Fernie
Luxury condo living
http://www.901fernie.com/

Pinnacle Ridge Resort
Alpine resort living
http://www.pinnacle-ridge.com/

Silver Rock Condos
Luxury condo living
http://www.silverrockcondos.com/

Silver Rock Estates
37 Estate building lots
http://www.ownsilverridgeestates.com/

Trico Freedom Development
Cedar Crest and Tamarack View
http://www.tricohomes.com/

Golden, B.C.

Canyon Ridge
194 timber-hewn homes, condos and townhouses
http://www.canyon-ridge.ca/

Kicking Horse Mountain Resort
On mountain luxury living
www.kickinghorseresort.com/realestate/

Invermere & Fairmont Hot Springs, B.C.

Bella Vista Estates
Oversized estate lots
http://www.bellavistaltd.com/

Bighorn Estates -- Canal Flats
New subdivision -- 41 lots
http://www.rockymtnrealty.com/

Cedarwood Glen Estates
Affordable Invermere Condos
http://www.cedarwoodglen.com/

Coldstream Landing
22 single family waterfront home sites
http://www.coldstreamlanding.com/

Columbia Eagle Resort – Fairmont Hot Springs
Luxury condo living
http://www.columbiaeagleresort.ca/

Heron Point
Vacation homes a Heron Point
http://www.luxedevelopments.ca/

Jade Landing—Canal Flats
Vibrant lake side community
http://www.jadelanding.ca/

Lake Windermere Pointe
Waterfront Vacation Condos
http://www.lakewindermerepointe.com/

Marble Canyon
Luxury condomiums
http://www.marblecanyon.ca/

Palliser Ridge
Spacious Invermere townhomes
http://www.palliserridge.com/

Panorama Mountain Village – Panorama
Mountain homes and residences
http://www.panoramamountainhomes.com/

Pedley Heights
Beach Access Community
http://www.pedleyheights.com/

Pineridge Mountain Resort
Cottage and Town Homes
http://www.discoverpineridge.com/

Purcell Point
Luxury condo near downtown
http://www.purcellpoint.com/

Resort at Castlerock
4-star resort living in the Rockies
http://www.resortatcastlerock.com/

Ridge at Copper Point
107 Luxury condos on new Copper Point Golf Course
http://www.copperpointgolf.com/

Spirits Reach
Lakeside homes on Columbia Lake
http://www.spiritsreach.com/

The Ridge at Fairmont Hot Springs
Luxurious condo living
http://www.theridgeatfairmont.ca/

Vista Del Lago
12+ acre 570 condo development.
http://www.stonesetequities.com/

Kimberley, B.C.

DreamCatcher Chalets
Luxurious haute alpine chalets
http://www.dreamcatcherchalets.com/

Forest Crowne
Affordable all-seasons resort properties
http://www.forestcrowne.com/

Mountain Spirit Resort and Spa
Spa inspired resort residences
http://www.mountainspiritresortandspa.com/

Sullivan Stone Lodge
Luxury townhome living
http://www.sullivanstonelodge.com/

Timberstone Lodge
Luxury townhome living
http://www.timberstonelodge.com/

Willow Vistas
Luxury alpine living condos
http://www.willowvistas.com/

Kaslo, B.C

Marina Ridge Condos
Waterfront condominium complex
http://www.kalsobay.com/

Nelson, B.C.

Amber Bay Condos
Luxury condos on Kootenay Lake
http://www.amberbaycondo.com/

Kootenay Lake Village
Waterfront and waterview lots
http://www.kootenaylakevillage.com/

Sparwood, B.C.

Whiskey Jack Resort Community
Fred Couples Signature Golf Community
http://www.whiskeyjackresort.com/

Radium Hot Springs, B.C.

Borrego Ridge
Villa and townhome living
http://www.schickedanzwest.com/

Bighorn Meadows Resort
Luxury mountain condos
http://www.bighornmeadows.ca/

Copper Horn Towne
Luxury townhomes
http://www.copperwolfproperties.com/

Elk Park Ranch
A master-planned ranch community
http://www.elkparkranch.com/

Sable Ridge
Radium resort living
http://www.ownradium.com/

The Pinewood
Full ownership mountain condos
http://www.thepinewood.ca/

Revelstoke, B.C.

Revelstoke Resort
Luxury mountain living
http://www.discoverrevelstoke.com/

Rossland, B.C.

Red Resort
Slalom Creek Residences
www.liveatread.com/explore-red/

Red Stone Golf Resort
The Prospector Condominiums
www.redstoneresort.com

Another Columbia Valley golf resort pending

2008-04-19T12:37:00.000-07:00

Genesis Land Development Corporation has applied to the Regional District of East Kootenay (RDEK) for permission to develop a residential and golf resort at Spur Valley north of Radium Hot Springs.

The application has received 1st and 2nd reading by the RDEK and is set to go to public hearings in the near future. The development would see 23 hectares being made into single and multi-family residences; while another 57 hectares would be developed into a resort-style golf course.

The development requires an approval of the official community plan for the area.Genesis Land Development Corporation is a Calgary-based developer which is listed on the TSX and is headed up by CEO and president Gobi Singh.

http://www.genesisland.com/

Amber Bay fronts Kootenay Lake

2008-04-18T22:25:00.000-07:00

The overhead crane continues to be busy on the construction site of the new Amber Bay Condos on Nelson’s waterfront as the new condominium structure is taking shape. This is the second phase of development at Kootenay.

The first phase of condominiums, called Silver Bay, were completed and sold out last year.A show suite for the new Amber Bay condos is located at the Silver Bay complex.

The new 40 unit condo complex is slated for completion the fall of 2008 and has only seven units left for sale. For more information, contact (250) 352-1196 or go to http://www.amberbaycondo.com/.

$1 billion expansion for Fairmont

2008-04-18T22:15:00.001-07:00

The new owner of Fairmont Hot Springs (FHS), which is the largest therapeutic mineral hot springs in Canada, has created a master plan for a $1 billion expansion.

With a goal to transform Fairmont Hot Springs into an “iconic” Canadian Rockies resort not unlike the legendary Banff Springs hotel—all in what is being described as “Rocky Mountain Ranch style.”

The master plan will include an expansion of the natural hot springs, an enhanced spa and wellness centre with newly designed hot springs pools and a new resort/retail village with luxury hotel condominiums. The revitalized FHS will feature an outdoor event plaza and walking trails linking the entire community.

Resort at Copper Point construction forging ahead

2008-04-15T16:10:00.000-07:00

With just six months to go before the scheduled grand opening of the new luxurious "Resort at Copper Point" in Invermere, B.C., both the final construction and real estate aspects of the project are progressing very nicely as the four-storey, 107-condo project nears completion.

On the construction side, the majority of roofs have now been shingled, exterior doors and windows are being hung, the internal framing is almost complete, and even a few bathtubs are starting to appear in their respective bathrooms.

"It´s been an exciting couple of months and we are starting to make some excellent progress as we move towards final completion," said Dean Forbes, one of the resort´s founding directors and active managing partner. "The weather has been very co-operative for us and we currently have about 125 tradesmen on site, so the building is starting to take shape very quickly."

The next phase of the construction process will be directed towards the middle section of the Resort, which features most of the amenities. Within the next 12 weeks, we should see continued emphasis on finishing the interiors," said Forbes. "Once that phase of the construction is complete, we´ll turn our attention to the pools and landscaping."

The Resort at Copper Point is expected to officially open in August 2008.

The Pointe project rises

2008-04-14T15:12:00.000-07:00

One of the biggest construction projects in the Kootenays these days has to be the massive The Pointe on Lake Windermere development. There is a huge crew of carpenters and tradespeople swarming around the site and the third building is well underway on this high profile project.It is located at the entrance to Invermere, overlooking the shores of Windermere Lake. When completed this new resort residential development will consist of three four storey buildings with 220 suites, featuring one- and two-bedroom plans.In addition to the presentation centre near the construction site, The Pointe on Lake Windermere has an office in Radium Hot Springs and a sales office in Calgary, Alberta.Phase 1 is listed as sold out and Phases 2 and 3 are currently being marketed for sale.
For more info about the development visit their website at www.lakewindermerepointe.com.