Welcome to Owl???s Nest an exclusive collection of 28 Net Zero luxury homes situated on the shores of Kalamalka Lake ??? one of the most beautiful and exclusive lakes in the Okanagan Valley. The community features panoramic lake views with direct access to the Okanagan Rail Trail and beach, municipally approved 20-slip private marina and resort-style amenities: multi-purpose sport courts and community fire pits to provide endless opportunities to relax and enjoy paradise. The Water's Edge III features convenient main floor living. This home offers unobstructed lake views from every floor, with a primary suite on the main living floor (upper level). The open-concept kitchen/living area features 14+ ft vaulted ceilings, floor-to-ceiling windows, and sliding folding doors that open onto a covered balcony with an optional outdoor kitchen for seamless indoor/outdoor entertaining. The gourmet kitchen is equipped with chef-inspired appliances. Select from 3 finishing collections or customize to your personal taste. An impressive wine wall with cabinet-coordinated wood surround, simple horizontal bottle display, and LED lighting highlights your collection. Additional features include an oversized two-car garage with extra storage for aquatic gear, and a three-story walk-out with a private landscaped terrace. All this is located just a two-minute walk to the beach.