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Custom Home Builder in Lakestone, Lake Country.

A Macdonald Development master-planned community above Okanagan Lake, minutes from Kelowna Airport, on the Scenic Sip wine trail.

Community Plan

1,365 Residences · 12 Phases

Amenities

The Lake Club + Marina

Kelowna Airport

10 min · 9.5 km

Direct

(604) 897-9390

Overview

Custom home builder in Lakestone, Lake Country.

Palermo Homes has built two custom homes in Lakestone, Macdonald Development's master-planned community above Okanagan Lake. We know the design guidelines, the ARC submission rhythm, and how the District of Lake Country permit process runs. Every build starts with the view corridor, then the hillside geotech. In-house cabinetry, custom finish carpentry, and envelope details are the finish standard we bring.

We build for Lakestone's mountainside terrain: retaining, drainage, view-first orientation, and the ARC review process. Our two completed builds are in the earlier phases. We're actively taking on new projects across Waterside, Benchlands, Highlands, and The Summit's 57 premium lots opening late 2026.

Lakestone is Macdonald Development Corporation's 1,365-residence master-planned community, finalized 2012 across 12 phases in three areas: Waterside on the shoreline, Benchlands 500 feet above Okanagan Lake, and Highlands up Beacon Hill. Every homeowner gets Lake Club membership (outdoor pool, gym, tennis, pickleball, covered court) plus private beach and marina access. Lakestone sits on the Scenic Sip wine trail; Gray Monk and Ex Nihilo are within walking distance, 50th Parallel a few minutes down Cars Landing Road. YLW is 10 min south, downtown Kelowna 30. Schools are SD23: Peter Greer, HS Grenda, George Elliot.

Lakestone lot view over Okanagan Lake, Lake Country, BC

Community amenities

What Lakestone residents get access to.

Recreation

The Lake Club

Residents-only clubhouse with outdoor pool, gym, and lounge

Sport Courts

Tennis + Pickleball

Multiple outdoor courts plus a covered hockey / basketball court

Waterfront

Lakestone Marina

Private beach club and marina access on Okanagan Lake

Nature

Community Trails

Hillside trail network connecting Waterside, Benchlands, and Highlands

Featured build

Custom Lakestone home by Palermo Homes in Lake Country
Lake Country, BC

Custom Home in Lakestone

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Featured Lakestone build.

Our Lakestone custom home. A mountainside build oriented for the Okanagan Lake view corridor, with a custom stone-and-timber exterior that meets the Lakestone design guidelines and a fully custom interior finish package built in-house.

Credentials

Recognized, licensed, and warrantied.

Award-Winning

CHBA Fraser Valley

Awards of Excellence Winner

Experience

15+ Years

Custom homes across BC

Warranty

2-5-10 Home Warranty

Full BC-registered coverage

Licensed

Licensed & Insured

BC Licensed Residential Builder

Lakestone, Lake Country

Lakestone custom home interior by Palermo Homes

Why Palermo

Why Lakestone clients hire Palermo.

  • 01Two Lakestone builds under our beltWe've delivered two custom homes here and know the Macdonald ARC process, the material palette guidelines, and how each phase sits on the mountainside.
  • 02Hillside and view-corridor experienceLakestone lots are cut into the mountainside above Okanagan Lake. Retaining, drainage, and structural engineering carry real weight here. We've been doing hillside custom work for years across Upper Mission and the West Kelowna wine district.
  • 03Fluent in the design guidelinesMacdonald's Architectural Review Committee checks material palette, roof pitch, massing, and colour on every submission. We design inside the guidelines and handle the ARC package so nothing bounces back.
  • 04District of Lake Country permitsLake Country's permit and inspection process runs differently than City of Kelowna. We've been through it, know the timelines, and know the inspectors on the file.
  • 05Same finish standard as our wine-district workIn-house cabinetry, custom finish carpentry, envelope details that hold up. Lakestone homes hold value because neighbours set a high bar, and we match it.

What we build in Lakestone

Custom homes, renovations, and general contracting.

Custom Homes

Custom home builds in Lakestone and across Lake Country. Every project designed around the lot, the view corridor, and how you actually live.

Custom Homes →

Home Renovations

Whole-home renovations, kitchens, bathrooms, and additions in Lakestone. Built to the same finish standard as our custom homes.

Renovations →

General Contracting

Project management with in-house crews on the trades that matter. One team, one contract, one point of contact.

General Contracting →

FAQ

Custom homes in Lakestone, answered.

How much does a custom home cost in Lakestone?
Most Lakestone custom builds run $2.5M and up for the home alone, which pencils out around $650 to $900 per square foot depending on finish level. Lot prices start around $700K and go well past $2M for premium Waterside shoreline and Benchlands view lots. Highlands lots up Beacon Hill sit lower on price but usually carry more site work. Total finished cost swings with slope, retaining, geotech, and finish level. A flatter Waterside cut vs. a steep Highlands cut can differ by six figures on site work alone. Add ARC compliance costs (material palette, roof profile, colour approvals) and Lake Club initiation into the budget from the start. We provide line-item pricing up front, break out soft costs (design, permits, geotech, ARC package) from hard costs, and lock in fixed-price contracts where possible so nothing sneaks up on you mid-build.
Do Lakestone homes have to follow design guidelines?
Yes. Macdonald Development's Architectural Review Committee (ARC) signs off on every custom home before permits go in. They check material palette (natural stone, wood, steel, board-and-batten), roof pitch and profile, massing and height, exterior colour range, glazing ratios, and how the home sits on the lot in relation to neighbours' view corridors. It's stricter than most Okanagan communities and it's what keeps the aesthetic consistent across Waterside, Benchlands, and Highlands. ARC approval typically runs 3 to 5 weeks from a complete submission, and revisions add time. We design inside the guidelines from the first sketch, prepare the full ARC package (site plan, elevations, material board, colour selections, landscaping plan), and manage revisions with the committee. That means fewer bounces, less design cost, and no ARC surprises when it's time to break ground.
How long does a Lakestone custom home take to build?
Plan on 14 to 20 months from first design meeting to move-in. Roughly 3 to 5 months for design development and ARC approval, 2 to 3 months for District of Lake Country building permits and geotechnical assessment (longer on steep cuts and complex retaining), and 9 to 12 months of construction. Highlands and steep Benchlands lots often add another 4 to 8 weeks for retaining walls, drainage, and foundation stepping compared to flatter Waterside lots. Weather matters too. Excavation, foundations, and framing move fastest through summer, and interior finish work carries through winter without weather risk. We schedule with that seasonality in mind so critical exterior phases hit the right months. A realistic build calendar for Lakestone assumes ARC and permit in the first winter, break ground in spring, lock-up by fall, and interior finish through the following winter for a summer move-in.
Which Lakestone phases have you built in?
Our two completed Lakestone homes sit in the earlier developed phases. Lot releases continue in stages across the three main areas: Waterside on the Okanagan Lake shoreline (limited inventory, premium pricing), Benchlands 500 feet above the lake (steady release of view lots), and Highlands climbing Beacon Hill (larger inventory, more varied lot types). The newest release is The Summit at Lakestone with 57 premium homesites opening for construction in late 2026 and early 2027. Roughly 250 residences were occupied as of 2020 with the plan totalling 1,365 across 12 phases. We're actively taking on projects across every current release. Whether you already own a lot, are negotiating a purchase, or are picking between Waterside view lots and Highlands hillside cuts, bring us the lot survey. We'll walk the property with you, review the ARC guidelines specific to that phase, and give you a real cost and timeline read before you commit.
What amenities do Lakestone residents get access to?
Every Lakestone home comes with a Lake Club membership. That covers the outdoor pool, fitness centre, lounge, tennis and pickleball courts, and a covered court that swaps between hockey and basketball. Homeowners also get private beach club and marina access on Okanagan Lake, with boat slip availability tied to phase and inventory. The community trail network runs 28.8 km from the shoreline up to Summit Park, climbing a 300 metre grade with lookouts across the lake. The Okanagan Rail Trail (a 50 km multi-use path along the old CN corridor from Coldstream to Kelowna) is about 5 km away at McCarthy Road. Lakestone also sits on the Scenic Sip wine trail. Gray Monk and Ex Nihilo are within walking distance, 50th Parallel is a few minutes down Cars Landing Road, and Arrowleaf and Ancient Hill round out a five-winery loop within a 10-minute drive. HOA fees fund the Lake Club, common landscaping, and community maintenance.
What schools are near Lakestone?
Lakestone is in Central Okanagan Public Schools (SD23). Peter Greer Elementary at 10300 Sherman Drive covers K to 6 and offers both English and French Immersion streams. École HS Grenda Middle at 10168 Konschuh Road handles grades 7 to 9. George Elliot Secondary at 10241 Bottom Lake Road is the high school (grades 10 to 12). All three sit inside Lake Country, roughly 5 to 8 minutes from the community. For families looking at independent schools, Aberdeen Hall Preparatory (K to 12) in Kelowna's Glenmore area is about 25 minutes south on Highway 97, and Immaculata Regional High School (Catholic, grades 8 to 12) is a similar drive. Post-secondary is close too. UBC Okanagan and Okanagan College's Kelowna campus are both roughly 25 minutes down the highway.
How far is Lakestone from Kelowna and the airport?
Kelowna International Airport (YLW) is about 9.5 km south, a 10-minute drive on Highway 97 with direct flights to Vancouver, Calgary, Seattle, and seasonal service to Toronto. Downtown Kelowna is another 20 minutes past the airport. UBC Okanagan, Okanagan College, and Kelowna General Hospital are all roughly 25 minutes south. Vernon is 25 minutes north on the same highway, and Predator Ridge and Sparkling Hill Resort are within 30 minutes. For weekend recreation, Big White Ski Resort is about an hour southeast, Silver Star Mountain Resort is 45 minutes north, and Kalamalka Lake beaches are 20 minutes up the road. The Okanagan Rail Trail at McCarthy Road (5 km away) links cyclists into a 50 km continuous corridor between Coldstream and downtown Kelowna. BX Transit line 23 runs the Highway 97 corridor for those who prefer transit over driving.

Also serving

Custom home builder across the Okanagan and Lower Mainland.

Lake Country · Kelowna · West Kelowna · Peachland · Vernon · Penticton · Lower Mainland

Updated September 2026

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