New Developments Kelowna | 2025 Guide to Condo, Townhome, and New Home Communities
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New Monaco is an ambitious 125-acre master-planned community located between Highway 97 and Highway 97C, at the northern boundary of Peachland. This expansive development, spanning nearly 3 kilometers, is designed to offer a resort lifestyle with a focus on leisure, sustainability, and connectivity.
Peachland Town Council has adopted New Monaco into its Official Community Plan, supporting tourism, cultural, commercial, retail, and residential development. The vision for New Monaco is to create a vibrant, eco-friendly community that enhances the quality of life for its residents.
Residents will have a variety of housing options to choose from, including single-family homes, townhomes, condos, and seniors housing, all with beautiful views of Lake Okanagan.
New Monaco is divided into three distinct neighborhoods, each offering unique living experiences...
Situated closest to the existing community of Peachland, this area features low-density single-family homes with spectacular south-facing views of Lake Okanagan.
This mid-density neighborhood includes condos, townhomes, and resort amenities, providing a balance of residential comfort and local retail options.
The heart of New Monaco, this area is designed as a bustling hub with shopping, entertainment, and recreation complexes, restaurants, food markets, a full-service hotel, and convention and trade pavilions.
New Monaco will feature a university center, a high school, and a tech hub, fostering educational and technological growth in the region. The community will also include a health center and an arts quarter, ensuring comprehensive services for residents.
Commercial District - Urban Village Cent
The Urban Village Centre will be a mixed-use area with medium-density residential options, business opportunities, recreational facilities, entertainment venues, and shopping options. This district aims to create a lively and convenient environment for residents and visitors alike.
University Centre
Plans for the University Centre include integrating programs from several universities to establish a new educational institution in the Okanagan Valley, providing diverse academic and extracurricular programs.
Healthcare Centre
The healthcare center will offer comprehensive medical services to the community, ensuring that residents have access to quality healthcare.
Tech Hub
New Monaco's tech hub will focus on smart city initiatives and partnerships within Canada's telecom industry, supporting the growth of Kelowna's tech industry and fostering innovation.
Wine Centre, Spa, Hotel & Conference Centre
The development will also feature a wine center, spa, hotel, and conference center, providing amenities for relaxation, business, and leisure.
Street Food Alley
Street Food Alley will be a vibrant area with food, drink, shopping, and entertainment venues, including pubs, wine rooms, and live music stages, offering a lively social scene.
Sustainability and Green Spaces
New Monaco is committed to sustainability, with plans for ecologically conserved green spaces, organic gardens, and parks connected by trails and greenways. The development aims to create a safe, secure, and vibrant environment that promotes a healthy and happy lifestyle.
Don’t miss out on your chance to buy new at New Monaco next to Lake Okanagan.
For pricing, floorplans, or to preregister, contact us at Vantage West Realty in Kelowna, BC.
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Contact us for more information on NEW MONACO and upcoming Kelowna presales.
Nestled along the western shores of Okanagan Lake, Peachland is a picturesque community offering a serene and inviting lifestyle. Known for its stunning lake and mountain views, Peachland is home to charming neighborhoods, family-friendly environments, and a strong sense of community.
A Picturesque Lifestyle
Living in Peachland means enjoying easy access to a variety of outdoor activities. Residents can explore hiking trails with breathtaking lake vistas, visit local vineyards, and indulge in water sports such as boating and paddleboarding. The community's waterfront parks, including the popular Swim Bay, provide perfect spots for beach days and picnics, making Peachland an ideal destination for outdoor enthusiasts.
Connected to Amenities
Peachland offers a range of amenities to meet residents' needs. The town is home to quaint shops, cozy cafes, and local restaurants, adding charm to daily life. For more extensive shopping and services, West Kelowna and Kelowna are just a short drive away, providing access to larger retail centers and a broader array of dining options.
Community Spirit
Peachland is known for its strong sense of community, with numerous events and festivals held throughout the year. The annual Peachland Fall Fair, Christmas Light-Up, and Canada Day celebrations bring residents together, fostering a warm and welcoming atmosphere.
Educational Institution
Families in Peachland benefit from the town's local schools and educational facilities. Peachland Elementary School serves younger students, while older students have access to schools in nearby West Kelowna.
Recreational Areas
In addition to its beautiful lakefront, Peachland boasts several recreational areas, including golf courses, hiking and biking trails, and parks. The nearby Okanagan Mountain Provincial Park offers further opportunities for outdoor adventures, ensuring that residents always have something to do.
From 2018 to 2025, Peachland, BC, experienced a dynamic real estate market, characterized by strong demand and notable price increases, especially for properties with lake and mountain views.
According to the Association of Interior REALTORS® (OMREB), the average sale price for single-family homes in Peachland increased by approximately 15% from 2018 to 2022. The trend of remote work during this period further fueled interest in Peachland’s lifestyle appeal, leading to a surge in new developments and custom luxury homes.
In recent years, there has been a growing emphasis on environmentally-friendly and energy-efficient construction, with newer homes meeting advanced green standards. This trend aligns with Peachland's reputation as an attractive and eco-conscious community.
By 2025, prices have generally stabilized compared to recent peaks but remain high due to sustained demand for the area’s outdoor amenities, upscale homes, and family-oriented environment. The 2025 property assessments by BC Assessment reflect market value as of July 1, 2024, showing a slight increase in property values in Peachland. The typical assessed value for single-family homes in Peachland was $887,000, up from $884,000 in 2024.
3340 Lakeshore Rd, Kelowna, BC V1W 3S9
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AMC Developments is a leading real estate development company committed to delivering innovative, sustainable, and high-quality residential and commercial properties. With a focus on cutting-edge design and energy efficiency, AMC Developments has successfully built over 3,500 homes that exceed local energy standards by 70%. The company's projects incorporate state-of-the-art energy-efficient systems, carbon-neutral homes, and provisions for electric vehicle charging, reflecting its dedication to reducing the environmental impact of its developments.
Expanding its sustainable building practices, AMC Developments is actively transforming communities across British Columbia, Alberta, and the Yukon Territories. With an ambitious vision for the future, the company aims to develop net-zero properties valued at $250 million by 2025, setting a new benchmark in the real estate industry for eco-friendly and energy-efficient living spaces.
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