Crown Isle has become a very popular location for people who relocate to the valley and who want an upscale community to live in. Many of the residents of this upscale part of Courtenay are from other parts and they have come here to enjoy our temperate climate and quality of life that is hard to beat.
Silverstone is the latest announced development and it is planned as a gate community of 17 bare land strata lots. Building lots in this exclusive area start at $550 thousand and go up to about $750 thousand. These homes are surrounded by the golf course and several small lakes.
The Rise phase III is the continuation of the subdivision being built on the other side of Ryan Road from the main part of Crown Isle. It started out with homes built on lots behind the local Costco and it it moving further down Crown Isle Boulevard. Lots start in around the $200 thousand range and homes are currently priced at about $650 thousand and up.
Crown Isle Drive continues to be expanded to eventually circle the golf course on the main property. The latest area under development is called Cambridge Park Estates. In this area building lots start at around $250 thousand and homes are generally in the $700 thousand range and up. Some lots and homes border the golf course. The homes in this area are freehold.
Many of the strata lots in Hampton Gate, a bare land stata development just off of the entrance located at 1290 Crown Isle Drive are sold and some newer homes are now coming on the market. Lots are in the $300 thousand range with some looking out towards the golf course. Recent homes sales in this area were in the $800 to $900 thousand range. Phase III is the latest and final part of this development that is now well underway.