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Open House. Open House on Saturday, June 6, 2026 1:00PM - 3:00PM
Rare investment opportunity, come check out this 20 acre parcel with 4 bedroom home on Springbanks Escarpment

Please visit our Open House at 237 Escarpment DRIVE in Rural Rocky View County. See details here

Open House on Saturday, June 6, 2026 1:00PM - 3:00PM Rare investment opportunity, come check out this 20 acre parcel with 4 bedroom home on Springbanks Escarpment

Room to breathe, every once in a while, an extremely RARE 20-Acre Ridge top legacy estate with SWEEPING Rocky Mountain Views comes available. Experience an unparalleled blend of natural beauty, privacy, and potential with this exceptional 20-acre property perched high on the ridge along prestigious Escarpment Drive in Lower Springbank. Offering uninterrupted, PANORAMIC views of the majestic Rocky Mountains, from this one owner occupied property. This timeless ARCHITECTURAL masterpiece, spans over 6,600 sq. ft. and is surrounded by mature trees, a tranquil pond and seasonable stream, and thoughtfully designed outdoor living spaces—each perfectly positioned to capture the awe-inspiring views while maintaining complete seclusion. Inside, the vaulted foyer opens to a stunning great room with floor-to-ceiling windows framing the Rockies. Warm terracotta tile and light oak hardwood flow through the main level. The spacious formal dining room, with its elegant tray ceiling, while the SUNLIT updated kitchen features premium appliances, granite counters, a spacious dining area with full-height windows, and a generous butler’s pantry for effortless entertaining. Outstanding owner’s retreat offers a serene escape with a mountain-facing primary bedroom, luxurious 5-piece ensuite, walk-in closet, and an adjoining office or sitting room with a gas fireplace and expansive windows. The WALKOUT lower level is designed for comfort and hospitality, featuring three large bedrooms (one with ensuite), a 4-piece bath with steam shower and sauna, and a cozy family room with a fireplace built from rocks gathered on the property. French doors lead to a west-facing patio, the perfect spot to watch the sun set behind the mountains. The upper level offers even more flexibility: a lofted family room with a Spanish-style wood-burning fireplace, a bright skylit den, a hobby room, a 3-piece bath, and a full billiards room with an authentic snooker table. This property is TREED, and the private acreage is boundary fenced and brimming with potential and ripe for future development, equestrian pursuits, or simply preserving as untouched natural space. This ideal location is just 5 minutes to Calgary’s west side amenities and Stoney Trail, close to downtown, and Rocky Mountains, IRREPLACEABLE location combines convenience with seclusion. It’s also close to some of Canada’s top-ranked public and private schools, making it an ideal choice for families seeking a premier lifestyle and or considering family compound living. Whether you’re a visionary looking for a once-in-a-lifetime investment or a discerning buyer seeking an extraordinary private estate, this property offers tons possibilities. This is more than a home—it’s a rare OPPORTUNITY to own a piece of Alberta’s most breathtaking landscapes and mountain views.

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Market Stats for May 2026

Apartment prices ease as inventory remains elevated.

In line with seasonal trends, inventory has risen from the start of the year, reaching 6,752 units in May. While these levels are consistent with last May, they remain 11 per cent higher than longer-term trends for the month, thanks to higher supply levels of apartment and row-style homes. Meanwhile, inventory levels for detached homes are down three per cent compared with both last year and long-term trends. 

At the same time, sales activity has been slowing. Calgary sales in May were 2,162 units, 16 per cent lower than last year’s levels and similar to sales reported in April. While new listings also slowed by 13 per cent compared with last year, it was not enough to offset the pullback in sales, causing the sales-to-new-listings ratio to ease to 51 per cent. The lower ratio also contributed to some of the inventory build, causing the months of supply to rise. However, conditions do vary across the market, with a range of two-and-a-half months of supply in the detached market to more than five months of supply in the apartment condominium market.    

“The shift in supply is being felt in the market. More supply choice in the new and rental markets has created a more competitive environment for potential buyers. At the same time, concerns over rising cost of living and slower migration are also weighing on consumers,” said Ann-Marie Lurie, Chief Economist at the Calgary Real Estate Board (CREB®). “While this has caused the overall resale market to shift to a balanced state, the supply pressure is having a more prevalent impact for apartment-style units, where conditions are favouring the buyer. This is also impacting price movements, with apartment prices continuing to trend down and other property types reporting a seasonal lift over the winter months.”  

The unadjusted total residential benchmark price in May was $570,500, up over April’s levels and the $554,400 reported in January, but still three per cent lower than last May. Most of the unadjusted monthly gain was driven by detached homes, which rose from $724,000 in January to $747,800 in May. Apartment prices remain lower than January levels and are nine per cent lower than levels reported last May. Overall, when adjusting for seasonality, total residential prices have remained relatively stable, as detached improvements have offset pullbacks for apartment-style homes.

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