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A $2 MILLION DOLLAR VIEW IS ONLY THE BEGINNING. The reported RMS square footage tells only part of the story, as two substantial above-grade wings are not currently included. Once completed to qualifying RMS standards, the home would exceed 8,000 sq. ft. and could offer a total of eight bedrooms and eight bathrooms. Set on 4.87 acres overlooking Spruce Meadows and Calgary's downtown skyline, this sprawling walkout bungalow offers the rare opportunity to live comfortably in the completed portion while bringing an extraordinary vision to life. The existing residence features generous gathering spaces and a secluded primary retreat with a private office, large walk-in closet and two ensuite bathrooms. One unfinished wing is already approximately 75% complete. This substantial addition extends from the main residence and continues into an upper level that wraps above the attached garage. Designed to accommodate FIVE additional bedrooms & FOUR additional bathrooms and a vaulted bonus or playroom, the unfinished space dramatically expands the scale and flexibility of the home. The second unfinished wing contains a remarkable 46' x 20' indoor pool area with soaring ceilings. Complete it as a private pool and wellness retreat, or reimagine the space as an indoor sport court, gym, golf training facility, studio or exceptional recreation hall. Once properly completed and heated, this area would also contribute to the home's RMS square footage, bringing the total to more than 8,000 sq. ft. An enormous four-bay, tandem-depth attached garage provides room for up to eight vehicles, while a separate stable/outbuilding offers even more versatility. The home is equipped with three forced-air furnaces and two hot-water tanks. The scale, configuration and setting could be ideally suited to multigenerational living, a private spa or retreat, or a distinctive bed-and-breakfast concept, subject to required approvals. For a buyer with vision and the resources to complete it properly, this is an incredibly rare opportunity to create a landmark legacy estate just minutes from Calgary and everyday shopping.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 8/29/2026 |
|---|---|---|---|
| TRACT | Red Deer Lake | YEAR BUILT | 1994 |
| GARAGE SPACES | 4.0 | COUNTY | Foothills County |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Built-In Range, Cooktop, Dishwasher, Double Oven, Electric Range, Microwave, Oven, Refrigerator, Washer/Dryer Stacked |
| BARN/EQUESTRIAN | Yes |
| BASEMENT | Exterior Entry, Finished, Full, Walk-Out Access, Yes |
| CONSTRUCTION | Frame, Stucco |
| EXTERIOR | Other |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Fireplace(s), Forced Air, Natural Gas |
| INTERIOR | Built-in Features, Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Walk-In Closet(s) |
| LOT | 4.87 acre(s) |
| LOT DESCRIPTION | Back Yard, Private, Views |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | 1 and Half Storey, Acreage with Residence |
| SUBDIVISION | Red Deer Lake |
| TAXES | 11178 |
| WATER | Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with CIR Realty
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Data last updated 8/29/26 8:24 PM PDT
This IDX solution is (c) Diverse Solutions 2026.
