MOVALA is one of the most important luxury condo and townhome communities in Kelowna’s South Pandosy area. Set along Lakeshore Road near Boyce-Gyro Beach Park, the project blends concrete construction, resort-inspired amenities, street-level commercial space, and a highly walkable lakeside setting.
For buyers, MOVALA is not just about owning a newer condo. It is about owning a lifestyle position: beach access, South Pandosy walkability, modern building systems, large outdoor spaces, and the ability to live near restaurants, shops, wellness services, parks, and Okanagan Lake.
For investors, the story is more nuanced. MOVALA should be viewed first as a premium long-term or executive rental opportunity, not as a guaranteed short-term rental building. Kelowna’s 2026 STR changes created new opportunities in approved STR-subzone buildings, but MOVALA buyers should verify zoning, licensing, and strata bylaws before assuming nightly rental use.
| Category | MOVALA Details |
|---|---|
| Development Name | MOVALA |
| Main Address | 3300–3340 Lakeshore Road, Kelowna, BC |
| Commonly Marketed Address | 3340 Lakeshore Road, Kelowna |
| Neighbourhood | South Pandosy / Lower Mission |
| Developer | Stober Group |
| Builder | Greyback Construction |
| Architect | Meiklejohn Architects |
| Interior Design | Begrand-Fast Design |
| Building Type | Concrete mixed-use condo, townhome, penthouse, live/work, and commercial community |
| Towers | Two towers |
| Storeys | 10-storey tower and 14-storey tower |
| Homes | Approximately 325 homes |
| Phase 1 Completion | June 2025 |
| Phase 2 Completion | April 2026 |
| Commercial Space | Approximately 16,000 sq. ft. of street-level retail/restaurant space |
| Construction / Design Notes | Concrete construction, large terraces, EV-capable parking, acoustic design, and sustainable building systems |
| Best Buyer Fit | Luxury downsizers, lifestyle buyers, lock-and-leave owners, executive renters, investors, and South Pandosy buyers wanting newer concrete product |
MOVALA stands out because it gives buyers something that is hard to recreate in Kelowna: newer concrete construction beside one of the city’s most loved beach areas.
Many Kelowna condo buildings offer lake views. Fewer offer lake lifestyle, resort amenities, modern building systems, and South Pandosy walkability in the same package.
The main buyer draws are:
| Buyer Priority | Why MOVALA Stands Out |
| Lake Lifestyle | Steps from Gyro Beach and Okanagan Lake |
| Walkability | Close to South Pandosy cafés, restaurants, shops, services, and grocery options |
| Modern Construction | Newer concrete construction with elevated finishings |
| Outdoor Living | Large private terraces and balconies designed for four-season use |
| Amenity Package | Pool, hot tub, cabanas, fitness, workspaces, guest suites, entertainment spaces, and pet care |
| Luxury Feel | Higher-end materials, thoughtful interiors, and resort-style shared spaces |
| Lock-and-Leave Appeal | Strong fit for downsizers, part-time residents, and lifestyle buyers who want low-maintenance living |
| Long-Term Value | Rare newer product in a highly desirable lake-adjacent urban village location |
MOVALA is built around the idea of year-round lakeside living. The location gives residents quick access to the beach in summer, walkable village amenities in every season, and indoor/outdoor spaces that feel more like a private resort than a standard condo building.
| Feature | Why It Matters |
| Scenic Swimming Pool | Resort-style outdoor living without leaving the building |
| Hot Tub and Cabanas | Strong lifestyle appeal for owners and guests |
| Alfresco Dining Area | Ideal for entertaining without needing a large detached home |
| Fire Bowls and Landscaped Grounds | Adds atmosphere and high-end outdoor usability |
| Bocce Ball Lawn | Social amenity that supports community inside the building |
| Fitness Centre | Useful for buyers who want health and convenience built into daily life |
| Relaxation Studio | Strong wellness feature for yoga, stretching, and quiet movement |
| Private Dining and Celebration Room | Lets owners host larger gatherings without needing a large in-unit dining area |
| Entertainment Lounge | Useful for social events, games, and casual gatherings |
| Professional Workspaces | Important for remote workers, executives, and part-time owners |
| Guest Accommodations | A major benefit for owners who host family without needing extra bedrooms year-round |
| Pet Wash / Pet Care | A practical feature for dog owners, especially near beach and trail areas |
| Water Sports Storage | Strong fit for paddleboard, kayak, and lake-focused buyers |
| EV-Capable Parking | Important for luxury buyers and long-term future-proofing |
| Acoustic Engineering | Designed to help reduce sound transfer, an important feature in condo living |
MOVALA homes are designed for buyers who want a more polished feel than a typical resale condo.
Key features include:
Buyer note: Always verify the exact unit finish package, parking, storage, GST status, strata fees, bylaws, and rental rules before writing an offer.
MOVALA has investment appeal, but it should be understood properly.
This is not a simple “buy it and Airbnb it” building. The stronger thesis is premium long-term ownership, executive rental demand, lifestyle scarcity, and future resale appeal.
| Investment Factor | MOVALA Read |
| STR Potential | Not currently a clean STR-first thesis. Verify zoning, STR sub-zone status, licensing, and strata bylaws before assuming short-term rental use. |
| Long-Term Rental Potential | Stronger thesis. Newer luxury product near the lake, South Pandosy, Okanagan College, hospital access, restaurants, and transit can appeal to high-quality tenants. |
| Furnished Executive Rental Potential | Potentially attractive for professionals, relocating buyers, seasonal residents, and owners waiting for new construction or downsizing plans. |
| Yield Driver | Premium location, walkability, amenities, newer construction, lake proximity, and limited comparable product. |
| Appreciation Driver | Scarcity of newer concrete product near Gyro Beach and South Pandosy Village. |
| Risk Driver | High purchase price, strata fees, GST if applicable, financing costs, vacancy, and rules around rentals. |
| Best Investor Fit | Patient investor seeking quality, location, and long-term asset strength over maximum short-term cash flow. |
| Weak Investor Fit | Buyer relying on nightly rental income to make the numbers work. |
Kelowna’s 2026 short-term rental changes matter, but they do not make every condo building STR-friendly.
The key point is this:
Only eligible properties approved for principal-use STR operation should be treated as true STR investment buildings.
For MOVALA, buyers should verify:
Until those items are confirmed, the safer way to position MOVALA is as a luxury lifestyle building with long-term and executive rental upside.
| Category | Typical Older Condo | MOVALA |
| Construction Age | Older resale building | Newer luxury development |
| Lifestyle Appeal | Varies by building | High due to lake, pool, amenities, and South Pandosy location |
| Rental Strategy | Often long-term rental | Long-term, executive, or owner-use with rental flexibility depending on bylaws |
| STR Clarity | Depends on zoning and strata | Must be verified; not assumed |
| Buyer Pool | Price-sensitive condo buyers | Luxury downsizers, lifestyle buyers, investors, and lock-and-leave owners |
| Amenity Appeal | Usually limited | Resort-style amenity package |
| Future Resale Story | Building-specific | Strong lifestyle + scarcity narrative |
| Main Risk | Age, repairs, strata history | Entry price, strata fees, GST, and rental-rule clarity |
MOVALA’s biggest strength is its location. This is one of the rare Kelowna settings where daily life can feel walkable, social, and connected to the lake.
| Category | Nearby Lifestyle Amenity |
| Beach | Boyce-Gyro Beach Park |
| Lake Lifestyle | Okanagan Lake, paddleboarding, swimming, lakefront walks |
| Shopping | South Pandosy Village shops and services |
| Grocery | Mission Park Shopping Centre / Urban Fare area |
| Cafés and Restaurants | South Pandosy cafés, casual dining, and restaurant options |
| Wellness | Fitness, personal care, medical, dental, and wellness services nearby |
| Post-Secondary | Okanagan College Kelowna Campus is nearby by walk, bike, or short drive |
| Transit | Lakeshore Road / Pandosy corridor transit connections |
| Parks | Gyro Beach area parks and nearby green spaces |
| Downtown Access | Short drive or transit connection to downtown Kelowna |
| Hospital Access | Convenient drive to Kelowna General Hospital |
| Wineries | Short drive to South Kelowna and Lower Mission wine routes |
Buyer note: School catchments, transit routes, and walk times should be verified before purchase. Boundaries and service levels can change.
MOVALA is a strong fit for buyers leaving a larger detached home but not wanting to give up lifestyle. The terraces, amenities, guest spaces, and walkability help replace some of what buyers fear losing when they downsize.
For part-time Kelowna residents, MOVALA offers low-maintenance living near the lake with amenities that make the property feel useful even when the owner is not in town full-time.
This is for investors who care about quality, tenant profile, long-term resale value, and asset scarcity. It is less suited to buyers chasing the highest possible cap rate.
MOVALA can appeal to people moving to Kelowna who want to enjoy the Okanagan lifestyle immediately without maintaining a yard or learning every neighbourhood before they buy a detached home.
The pet care amenity is a meaningful benefit, especially given the beach and walkable setting. Buyers should still verify current strata bylaws for number, size, and breed restrictions before writing an offer.
MOVALA should not be assumed to be a short-term rental building. Kelowna’s 2026 STR rules created opportunities for approved STR-subzone properties, but MOVALA buyers should verify zoning, City licensing, provincial registration, and strata bylaws before relying on short-term rental income.
MOVALA includes a pet care / pet wash amenity, which is a strong sign the building was designed with pet owners in mind. Buyers should still review the current strata bylaws to confirm pet number, size, and any breed restrictions.
MOVALA offers a resort-style amenity package with a scenic outdoor pool, hot tub, cabanas, bocce lawn, outdoor dining, fire bowls, fitness centre, relaxation studio, guest accommodations, workspaces, private dining room, library, entertainment lounge, water sports storage, and pet care.
MOVALA is located at 3300–3340 Lakeshore Road in Kelowna’s South Pandosy / Lower Mission area, close to Boyce-Gyro Beach Park, Okanagan Lake, Pandosy Village, Mission Park Shopping Centre, Okanagan College, and the Lakeshore Road transit corridor.
MOVALA was developed by Stober Group, a long-standing Kelowna developer with deep local roots in commercial and residential real estate. Greyback Construction is associated with construction, and Meiklejohn Architects is associated with the architectural design.
Before buying at MOVALA, confirm:
MOVALA is one of those buildings where the value is not just inside the unit. The real value is the full package: newer concrete construction, lake proximity, South Pandosy walkability, and amenities that make the building feel like a lifestyle choice, not just a place to sleep.
MOVALA is one of Kelowna’s strongest lifestyle condo plays for buyers who want a newer luxury building near the lake without giving up walkability.
For owner-occupiers, the appeal is clear: South Pandosy location, resort amenities, lake access, modern design, and low-maintenance luxury.
For investors, the opportunity is more selective. The strongest thesis is long-term or executive rental demand, scarcity of newer concrete product, and future resale appeal. Short-term rental potential should be treated as a verification item, not an assumption.
To compare current MOVALA listings, recent sales, floor plans, and investor numbers, connect with Mark Coons and Selling Okanagan Group before writing an offer.
Mark Coons Personal Real Estate Corporation, BBA, CE
Team Lead, Selling Okanagan Group
REALTOR® | eXp Realty Kelowna
Kelowna Realty | Okanagan Real Estate Advisory
Relocated to Kelowna in 2018
Phone: 778-946-6454
Reach out to us for expert real estate services. Buy or sell properties with confidence. Contact us today!