The third and final stage of The Terraces neighbourhood in the Montane community will go up for sale in early August.
The $200 million master-planned community in Fernie previously saw the Stage One phase of The Terraces neighbourhood sell out, with high demand for its successor Stage Two buoying the development’s success.
“The release of Stage Three is a big milestone for us, as it means we’re on our way to completing the final stage of The Terraces, our first neighbourhood,” said Simon Howse, general manager of Parastone and Montane investor. “The high demand we’ve seen for Stage One and Two is an indication of the gap we’re filling in the market. Outdoor enthusiasts can now live in an active mountain lifestyle in a community located within a five minute walk from downtown Fernie.”
Seventeen home sites spanning between 0.17 and 0.26 acres each will accompany the launch of Stage Three, with prices ranging from $169,000 to $245,000. The Stage Three lots consist of single family homes as well as cottages located on the east end of Piedmont and Sunniva Drives.
Once complete, The Terraces neighbourhood will consist of 45 homes and will be the first completed neighbourhood in the 600 acre total community.