Allerdale Council signed off the scheme, which includes a mixture of two- and five-bedroom houses.
Story Homes will build its neighbourhood on ten acres of grazing fields, located on land east of Main Road in the village.
Landscape plans, designed by Urban Green, include 18,800 sq ft of public open space. There is a proposed 26,000 sq ft SUDS pond that will boost biodiversity. There will also be a 1,320 sq ft playground.
The development breaks down into six two-bedroom houses, 37 three-bedroom homes, 65 four-bedroom houses and 15 five-bedroom ones. Those numbers include two two-bedroom bungalows and two three-bedroom ones.
Of the 123 homes, eight will be for discounted rent and four will be for discounted sale.
The houses would not all have the same design and instead would be a mix of Story’s house types, including the Milford, Wexford, Sanderson and Baxter.
There will be 297 parking spaces for residents via driveways and garages. There will also be 40 visitor parking spaces.