Luxury real estate developments Switchback Creek and Alder Estates are available for purchase, and SPIN has a sneak peek from Engel and Völkers Sun Peaks about these two development projects.
Switchback Creek
This 44-unit neighbourhood is currently in the first and second phases of development, with the first phase on sale now. The townhouses and condos include enough space for all the toys a mountain lifestyle owner seeks and are also zoned for nightly rentals.
Developed by Sun Peaks Resort LLP (SPR) and built by A&T Project Development Inc., what makes Switchback Creek unique from previous builds like Echo Landing, Altitude and Powder Heights is the elevated design and larger living spaces.
Quinn Rischmueller from Engel and Völkers explained that she’s been involved in all of the new developments in Sun Peaks since 2017, and Switchback Creek redefines what’s offered for residents.
“This is a really exciting product because it’s quite different,” she said. “It’s a refreshing, elevated design that they’ve done compared to previous developments like Echo Landing, Altitude and Powder Heights.”
The developments have addressed interest from buyers to have more space as well.
The townhomes are now up to 20 per cent larger and the condos are up to 38 per cent larger than Echo Landing, Altitude and Powder Heights.
The prices for condos start at $909,999 and townhomes start at $1,469,999.
The townhomes offer the biggest garages available in the East Village, with two-car parking and opportunities to upgrade the garage to include a ski and bike tuning set-up, bike and ski racks and a boot and glove dryer. The upgrade also comes with cabinetry and lockable hardware.
Owners get incredible views of the valley and the peak of Mt. Tod, and townhouse owners can expect a south-facing patio on the front of the property.
Realtor Nicola Gray of Engel and Völkers Sun Peaks noted another winning feature of the project includes designing the townhomes to overlook the roof line of the six-plex condos.
“It’s something that they purposely did when they were building them to maximize that view,” she said.
The homes’ standards are already high, with heated tile flooring, under-cabinet lighting and quartz countertops in the kitchen and bathrooms.
If your tastes are premium, you can choose upgrade options, such as an electric vehicle charger, Kitchenaid appliances, matte black ceiling fans and accent wood wall paneling.
To sweeten the deal for buyers, the developer just announced a $10,000 credit for purchasers of the project for over 20 Sun Peaks businesses.
“You can buy ski passes, bike passes, retail, food and beverages if you purchase at Switchback Creek,” Rischmueller said.
Always an important consideration when buying property at a ski resort is ski-in and ski-out access.
“They’re also going to have very good ski-in, ski-out access off the East Village Ski Way,” Gray said.
Phase one is estimated to be finished by August of 2024 and a model home to view the space is scheduled for completion by September.
Alder Estates
If building your own property in Sun Peaks has always been a dream, consider one of 16 lots available at Alder Estates, which are available for purchase through REMAX Alpine Reality Corp.
For the first time in 15 years, single-family lots are available for your mountain dream home, built to suit your specific tastes. Notably, the area is the first-ever single-family lot neighbourhood in Sun Peaks pre-zoned for short-term rentals, which Rischmueller explained increases the home’s value by at least $100,000 to $200,000.
The zoning ensures owners won’t have to apply for a temporary use permit, which requires approval by Sun Peaks Mountain Resort Municipality and a renewal process.
“We have many buyers that are looking for investment purposes and that’s something that comes along with these lots,” Rischmueller said.
Even more exciting, the land can be purchased by foreign buyers because the lots are vacant.
“This is an excellent opportunity for foreign investors who are looking to purchase within Sun Peaks but are currently unable to do so because of the foreign buyer ban,” Gray said.
The shortage of land in Sun Peaks means opportunities to build single-family homes within the resort are few and far between.
Eventually, both Switchback Creek and Alder Estates will have easy access to the future East Village and already have quick access to skiing, cross-country, golfing, hiking, biking and snowmobile trails.
Editor’s Note: In a previous version of this story online and in April’s issue, SPIN neglected to mention REMAX Alpine Resort Realty Corp. as a marketer and seller of Alder Estates. This omission has been corrected. One of our values at Sun Peaks Independent News is to be accurate every time and if we fail, to be transparent in our corrections. We apologize for any inconvenience or misunderstanding this omission may have caused.
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