Tallus Ridge, Kelowna Market Update
Drone footage taken from the Flume Trail which connects with the Smith Creek Trail system catering to mountain bikers, hikers and outdoor lovers.
An outdoor paradise with a welcoming community!
Vibrant and diverse community serving the needs of families, young working professionals and retirees. Tucked away among the rolling hills, it is a Mecca for outdoor lovers! From golfing and fishing to mountain biking and hiking. Tallus Ridge is becoming a very popular destination for people who value having an outdoor playground right from their backyard. Renowned schools, easy access to the amenities in Westbank, close proximity to the lake and only 10min to get across the bridge. House values in Tallus Ridge have increased exponentially in the past 6 months. Buyers from Alberta and the Lower Mainland flooding into the Okanagan hoping to call this lifestyle inspired paradise their new home!
Ranchers with walk-out basements
Panoramic lake and mountain views from nearly every room in your house. These homes are in high demand at the moment and there is not a lot of options currently available. Buyers are willing to pay the extra money for views and bigger homes to accommodate their evolving lifestyle needs. With more professionals working from home the desire for quality living has increased.
Average Days on Market 7-30
Price range $1,100,000-$1,800,000
Grade level entry homes
Perfectly situated against a backdrop of forest intermixed with cliffs. Nature is literally in your backyard. Peaceful. Quiet and Private. These family homes tend to be more affordable but have increased significantly in value over the past 6 months. Some homes have seen an increase of $100,000. Great value for money and some buyers are looking for legal suite mortgage helpers!
Average Days on Market 7-30
Price Range $900,000-$1,100,000
Townhomes
Functional, modern and executive townhomes offering more affordable living without sacrificing quality and access to nature. These strata townhomes are very hard to find in Tallus Ridge, high demand and extremely low supply make these homes very popular among buyers looking to downsize and first time home buyers.
Average Days on Market 0-14
Price range $700,000-$850,000
Tallus Ridge Neighbourhoods
Stone Grove
Released in March 2006, these 52 home sites are nestled amongst green trees with a vista of forest views and a children’s park to enjoy.
Cobblestone
Released in June 2007, these 29 home sites have views of the forest, vista views of Shannon Lake, and direct access to kilometers of walking trail.
Mountain Hollow
Released in May of 2008, these 23 home sites have views of the vast expanse of nature at Tallus Ridge with every home site backing onto preserved natural open space.
Paramount
Released in June of 2009, these 17 home sites wind up into the forest backed areas of Tallus Ridge, every home backing onto protected green spaces.
Fairway
Released in September 2011, these 27 home sites have views of the Shannon Lake Golf and Country Club, some backing right onto the fairways and precision manicured greens.
Big Sky
Released in June 2007, these 29 home sites have views of the forest, vista views of Shannon Lake, and direct access to kilometers of walking trail.
Crown Crest
Released in June of 2016, these 40 home sites have views of the vast expanse of nature at Tallus Ridge with select home sites boasting exquisite views of Okanagan Lake.