This now moves the development off the drawing board into reality after three years of planning. The estate will sit on 1,000 acres of bush and grassland hived off to the north east of the 90,000-acre conservancy.
Prices are pegged at Sh29.9 million and Sh33 million for the three- and four- and five-bedroom stand-alone houses at Mount Kenya Wildlife Estate. The prices had provisionally been set at Sh27.6 million and Sh29.9 million respectively.
It is anticipated that the housing development will â€œgenerate both capital funding and longer term income for the conservancy, as well as promoting awareness of wildlife issues.â€
The residential community will have access to a club house, swimming pool, and cycling and walking tracks. Home buyers will also benefit from concessionary access into the wildlife conservancy through a private gate.
â€œThe design of the development and all planned activities will be wildlife-friendly, and there will be no internal fences, allowing game to roam at will,â€ Ol Pejeta said in a communication.
Ryden International, the selling agent, said over 50 homes have already been sold off-plan, demonstrating the high demand for the luxury properties.
â€œBuyers have been quick to recognise both how special it is, and what good value it represents,â€ said Iain Illingworth, Rydenâ€™s managing director.
â€œEven before construction started, we had sold over 50 homes, and now with the show-house coming up, we expect the rate of sales to increase.â€
The project has a build-time of 18 months, meaning the development will be completed by March 2014. The National Environmental Management Authority issued approvals early in the year.