Sean Phillips, REALTOR® · Coldwell Banker Executives Realty, Vernon BC · Text Sean: 236-599-5898 · Sarah 24/7: 604-227-4810
Okanagan Landing WaterfrontHomes on the water · Vernon, BC

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Off Tronson Road · Vernon, BC

Adventure Bay

A lakeside neighbourhood on Okanagan Lake with 1990s family homes, brand-new builds, townhomes and a few lakefront estates, plus the gated enclave at Kestrel Place. Here’s what Adventure Bay looks like today, from someone who makes his home nearby at The Strand.

Adventure Bay: homes by the lake in Vernon
Adventure Bay: homes by the lake in Vernon · 0:57

Adventure Bay at a glance

WhereOn Okanagan Lake, off Tronson Road, Vernon, BC
Homes1990s and 2000s family homes, new builds (2024–2026), townhomes, lakefront estates
For sale now22 homes, $638,000 to about $2.7 million
Sold past year19 homes; most houses about $955,000 to $1.83 million
New buildsTavistock Road homes sold for about $1.2 million
Property taxesAbout $4,000 to $8,000 a year for most homes; lakefront $11,000 to $15,000
StrataMany homes are freehold; townhome stratas about $540 to $690 a month

Figures from Sean’s MLS® system, Adventure Bay sub-area, October 22, 2026. Sales from October 22, 2025 to October 22, 2026. Confirm with the strata documents before you buy.

Kestrel Place: the gated corner of Adventure Bay

Tucked inside Adventure Bay, Kestrel Place is a quiet, gated enclave. Custom lakefront homes sit right on the shore, and lake-view homes look down from the slope above. Listings describe a private owners’ beach with a dock, a boat launch and a swimming area, so even the view homes get their own way down to the water.

Homes here rarely come up. In the past year one lakefront home and one view home sold, and one of each is listed today.

Amenities as described in MLS® listing details. Listings change daily and belong to their listing brokerages.

For sale in Adventure Bay now

As of October 22, 2026, 22 homes were for sale, from $638,000 for a new townhome to about $2.7 million on the lake. With 19 sales in the past year, buyers have real choice right now.

Before you buy in Adventure Bay

Adventure Bay questions, answered

Where is Adventure Bay?

Adventure Bay is a lakeside neighbourhood on Okanagan Lake, off Tronson Road in Vernon, BC, a short drive from downtown Vernon.

What kinds of homes are in Adventure Bay?

A mix: family homes from the 1990s and 2000s, brand-new builds from 2024 to 2026, townhomes, a few lakefront estates, and the gated enclave at Kestrel Place.

What do homes in Adventure Bay cost?

As of October 22, 2026, 22 homes were for sale, from $638,000 for a new townhome to about $2.7 million on the lake. In the past year 19 sold, and most houses sold between about $955,000 and $1.83 million. New homes on Tavistock Road sold for about $1.2 million.

What is Kestrel Place?

Kestrel Place is a gated enclave inside Adventure Bay, with custom lakefront homes on the shore and lake-view homes above. Listings describe a private owners' beach, dock and boat launch.

What are property taxes and strata fees in Adventure Bay?

Recent listings show property taxes of about $4,000 to $8,000 a year for most homes, and $11,000 to $15,000 for lakefront homes. Many homes are freehold with no strata fee; townhome stratas run about $540 to $690 a month. Always confirm the latest figures in the strata documents.

Is every Adventure Bay home on the water?

No. Only a small number of homes sit right on the lake. Many have lake views or shared lake access instead. Sean checks every home's real water access before you buy.

More nearby: Tuscan Terraces · Adventure Bay in the neighbourhood guide · The Mandalay · Silverton on the Lake · The Strand at 7343 Okanagan Landing · All Okanagan Landing videos

Want a tour of Adventure Bay?

Sean makes his home nearby at The Strand. He’ll walk the streets with you, check each home’s real water access and let you know the moment the right one comes up, in person or on video.

Questions any time of day? Sarah, Sean’s AI assistant, answers 24/7 at 604-227-4810.

Common questions

Answered by Sean Phillips, REALTOR®, Coldwell Banker Executives Realty. Updated October 2026.

How often do homes come up for sale at Kestrel Place in Adventure Bay?

Rarely: homes at Kestrel Place, the gated enclave in Adventure Bay, Vernon, seldom come up for sale. In the past year (October 22, 2025 to October 22, 2026), one lakefront home and one lake-view home sold there. As of October 22, 2026, one of each was listed.