Things are finally happening at The Rise.
The prime real estate, perched on a sun-drenched slope on the edge of Vernon, has sat more-or-less stagnant for years. But a local developer is about to bring life back to the area, with the release of 14 stunning new villas.
Fresh off his success creating the City of Kelowna’s first “green street,” at Parkside at Clifton Road, developer A.J. Hazzi is on the verge of bringing The Rise lifestyle to 14 new homeowners.
His Vista Villas development features two-bedroom, 1,000-square-foot units starting at $299,000, and four-bedroom, semi-detached walk-out villas starting at $499,000.
That kind of pricing, Hazzi says, combined with a unique zoning that makes it entirely legal to rent the homes out through vacation rental sites like Airbnb, make the homes perfect as both an investment property, or for downsizers who want to retain their lifestyle without having to buy a massive home.
“We’re really the only game at town,” Hazzi says. “We’re bringing these homes in at a price mix that’s never been done before. Having two-bedroom units from $299,000, we’ve never seen anything like that up here.”
Hazzi says Vista Villas will be unique to the Rise because he’s been allowed to buck the Tuscan style mandated for the original development, in favour of contemporary modern homes.
“One of the exciting things about Vista Villas it is it doesn’t fall under the design guidelines of the original development, so we get away with a modern, contemporary design, which is way more on trend for this decade,” Hazzi says.
Interest in Vista Villas is beginning to mount, but on July 15 units go on sale at their early bird prices.
Anyone who buys one of the homes this weekend will be gifted a membership to the prestigious Fred Couples signature golf course at The Rise, or $3,000 worth of upgrades to their future home.
Homes at Vista Villas don’t come with any strata fees, and new owners will be able to move in by December.
For a sneak peek at what the Vista Villas homes look like, more information on the development, or for sales inquiries, visit www.vistavillas.ca.