Neighbourhood Guide — Grandview Terraces, Penticton

Modern luxury,
steps from the KVR Trail.

A luxury development by Agave Homes on Westminster Avenue East in Penticton, with 4 listings at $1.2M–$4.25M including homes at $3.98M–$4.25M and a building lot.

Listings describe Grandview Terraces as new California-modern homes by Agave Homes with reverse floor plans, elevators, lake and mountain views, outdoor kitchens and walking distance to downtown restaurants, breweries, the marina and the Farmer's Market. One listing says the builder has completed more than a dozen luxury homes in the area. Some homes are under construction; a building lot is also offered.

4Active listings (Oct 9, 2026)
$1.2M–$4.25MAsking price range
3Luxury-grade homes ($1.5M+)
$4.12MMedian asking price

Aggregate asking prices from MLS® active listings. Individual listings are not shown here; ask Pat for current details and comparables.

About this neighbourhood

Buyers wanting a new, architecturally designed luxury home near downtown Penticton

Grandview Terraces suits buyers who want a contemporary, low-maintenance luxury home with views and walkable access to downtown.

Because some homes are under construction, completion dates, specifications and deposit terms matter.

A building lot is also listed, which may suit buyers who want to work with the builder on a custom plan.

📋 Grandview Terraces at a glance

  • 📍Location: Westminster Avenue East, Penticton
  • 📋Active listings: 4 in the Oct 9, 2026 MLS® export
  • 💵Asking range: $1,200,000 to $4,250,000
  • 📐Lot sizes: 0.2026–0.26 acres (per MLS® fields)
  • 🏗️Built: 2021–2026 (per MLS® fields; lots excluded)
  • 🏗️Builder: Agave Homes per listings
  • 🛗Features: Elevators, terraces and outdoor kitchens per listings
  • 🚶Access: Steps from the KVR Trail per listings
What Buyers Need to Know

Buying in Grandview Terraces — the important details

🏗️ Under Construction

Ask for the completion date, specification list, deposit protection and what happens if completion slips.

🛡️ Warranty

Ask what new-home warranty coverage applies.

🧾 GST

New homes can be subject to GST. Confirm treatment and what is included in the price.

💰 Closing Costs

Property transfer tax and other closing costs rise with price. See the BC Tax Guide and plan for them.

Market Snapshot — October 9, 2026

What is listed in Grandview Terraces right now

🏠 Detached homes & estates

3 listed — $3,980,000 to $4,250,000 (median $4,250,000)

🏞️ Lots & building acreage

1 listed — $1,200,000 to $1,200,000

💎 Luxury-grade homes ($1.5M+)

3 listed, including 3 ultra-luxury ($3M+) — up to $4,250,000

🏰 Estates & estate lots

2 listed — $3,980,000 to $4,250,000

Figures are asking prices from MLS® active listings exported October 9, 2026 and describe only what is currently listed. They are not sale prices or a market forecast. Facts marked “per MLS® listing” come from listing remarks and may differ by property.

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Frequently Asked Questions

Grandview Terraces — quick answers

How many properties are listed in Grandview Terraces?

The Oct 9, 2026 MLS® export shows 4 active listings that fall in this area, priced $1.2M–$4.25M. Inventory changes daily.

Who builds Grandview Terraces?

Listings name Agave Homes.

Are the homes finished?

Some are under construction per listings. Confirm status for each.

Thinking about Grandview Terraces?

Pat can review the contract, specifications and construction quality for Grandview Terraces homes.

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