Skaha Hills development sells $12 million in one day

Skaha Hills residential development may have set a new bar by selling all the homes in their latest offering in record time.

Penticton Indian Band Coun. Joseph Pierre (centre) with Play Estate Winery partner and general manager Mohamad Awad (left) and president of Play Estate Winery Jason Pechet on the deck or the winery which is one of the amenities offered at the popular Skaha Hills development.

Penticton Indian Band Coun. Joseph Pierre (centre) with Play Estate Winery partner and general manager Mohamad Awad (left) and president of Play Estate Winery Jason Pechet on the deck or the winery which is one of the amenities offered at the popular Skaha Hills development.

In the two years since they started selling, the Skaha Hills residential development has reported some substantial sales figures, but they may have set a new bar by selling all the homes in their latest offering in record time.

The Vistas, a series of terraced rancher-style homes, drew in $12 million in one day, selling all 24 of the available villas on the first day of the Phase III launch.

Penticton Indian Band Chief Jonathon Kruger said when the development was being planned, their research showed the average rate of new home sales was 10 to 12 houses per year.

“When we started this journey, we were thinking that was what the market was going to sell so we were prepared for the long haul,” said Kruger. “We have a really good team … with our partners (Greyback Construction),  our PIB Development Corporation and Curt Jansen, our sales manager, all doing an amazing job.”

It’s a success story that is also drawing praise from Penticton Mayor Andrew Jakubeit.

“We are thrilled about the success of Skaha Hills, as this is a great example of how a partnership between local developers, businesses and the Penticton Indian Band can work together to help strengthen our community’s economic development,” said Jakubeit.

The Vistas feature terraced rancher villas built in the hillside vineyards with panoramic views of the Okanagan.  Skaha Hills describes the homes as combining the best traits of a condo, a town home and a rancher style home into one concept.

“An opportunity to have unobstructed views of Skaha Lake, on the hill for less than $500,000 is rare, and we thought people would like this design. The terraced ranchers are unique and highlight what buyers are looking for,” said Jansen, vice-president of sales and marketing, in a release.

“The demand was there and the success of this innovative home design has exceeded our expectations.”

Kruger said the homes, in two buildings of 12 units each, were placed to get the best views possible. That was a challenge he said, and the planning team thought about putting condos in before deciding on the terraced homes.

“It was kind of an innovative idea. Our partners were a little bit nervous about doing that,” said Kruger, who thought it was a good plan.

“We all came to the conclusion and said let’s try this, let’s put two out there for right now. They sold really fast. That’s a good sign. Phase 1 and Phase 2 are pretty much sold out.”

Kruger said the PIB and everyone involved is pleased with how customers are responding to the designs and the green technology the homes are being built with, earning them an energy efficiency rating of 88 — homes built according to standard building codes range from 65 to 72.

“If we continue this, we will be one of the most environmentally sustainable developments in all of Canada,” said Kruger. “We want that. We want to set that bar high. We want to keep it going and we want to stand behind our products.”

The Vistas is just the latest offering in a full-scale planned community with numerous amenities planned, including walking trails, golf, pools and fitness facilities along with the PLAY Winery & Bistro, which began operations earlier this summer.

Skaha Hills is creating employment opportunities on site and spinoffs for other local businesses, something Kruger said the band is also proud of.

“It is good to see a whole bunch of our band members up there working plus everybody else working,” he said.

“We’re dedicated to growing the economy and providing jobs in the South Okanagan.”

According to the Okanagan Real Estate Board residential sales in the Okanagan continue to boom, with sales of 1,263 units posted to the Multiple Listing Service in June, up 38 per cent from June 2015.

Though the first offering is sold out, more of the terraced rancher style homes are expected to be released within the year.

For more information, including renderings, floor plans and video fly over,



Just Posted

Police are asking for public assistance in locating Anthony Graham who has been charged with the murders of Kamloops brothers Carlo and Erick Fryer. (RCMP photo)
2 Penticton-area men charged with Kamloops brothers’ double homicide

Brothers Erick and Carlo Fryer were found deceased in May in Naramata

(File photo)
Penticton not holding Canada Day activities out of respect for Indigenous people

Cities across B.C. are cancelling the holiday after an increased spotlight on Canada’s dark history

Fruit farmers in the Okanagan and Creston valleys are in desperate need of cherry harvesters amid COVID-19 work shortages. (Photo: Unsplash/Abigail Miller)
‘Desperate’ need for workers at Okanagan cherry farms

Fruit farmers are worried they’ll have to abandon crops due to COVID-19 work shortages

JAK's Liquor Store in Penticton will be donating 10 per cent of its sales on Saturday, June 19, to the Penticton Salvation Army Food Bank. (Photo from
Stock up your liquor cabinet and support the Penticton food bank

Jak’s beer and wine store is donating a portion of sales to local food banks Saturday

The illegal open fire above Naramata continues to smoke on Friday, June 18. The fire was left to burn itself out by BC Wildfire. (Monique Tamminga - Western News)
Illegal open burn in Naramata will be left to smoke

BC Wildfire could not confirm whether the property owner had been fined

A small pod of Pacific white-sided dolphins pass by close to shore in Campbell River June 16, 2021. Still capture from video courtesy of Kimberly Hart
VIDEO: Dolphin sunset captured from Vancouver Island shore

Spectacular setting for view of travelling pod of Pacific white-sided dolphins

Earls On Top at 211 Bernard Avenue in Kelowna. (Google Maps photo)
Downtown Kelowna’s Earls ordered closed after COVID-19 transmission

Earls on Top on Bernard Avenue will be closed from June 18 to June 27

A motorycle crash has been reported on Westside Road. (Google Maps)
UPDATE: Westside Road reopened following motorcycle crash near Vernon

AIM Roads advises drivers to expect delays due to congestion

Dereck Donald Sears. (Contributed/Crimestoppers)
Murder charge laid in relation to suspicious Kelowna death

Dereck Donald Sears is charged with second-degree murder in the death of Darren Middleton

Albert Health Minister Tyler Shandro and Alberta Premier Jason Kenney unveil an opening sign after speaking about the Open for Summer Plan and next steps in the COVID-19 vaccine rollout, in Edmonton, Friday, June 18, 2021. THE CANADIAN PRESS/Jason Franson
Alberta 1st province in Canada to lift all COVID-19 public health restrictions

70.2% of eligible citizens 12 and older in the province have received a dose of the vaccine

Fraser Health registered nurse Ramn Manan draws a dose of the Pfizer COVID-19 vaccine into a syringe at a walk-up vaccination clinic at Bear Creek Park, in Surrey, B.C., on Monday, May 17, 2021. THE CANADIAN PRESS/Darryl Dyck
‘Honour our fathers’ with COVID-19 vaccine protection, B.C. urges

109 new cases Friday, 75 per cent of 12 and up immunized

(Paul Henderson/ Chilliwack Progress)
Trutch Avenue in Chilliwack to be renamed to remove racist taint

New name to have Indigenous significance as Chilliwack takes new step toward reconciliation

Most Read