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11 Black Bear Lane
Beds
4
Baths
3
Sqft
2,171
Year
1996
Type
Single Family
On market
285d
Stunning Foothills Retreat in Square Butte Ranch. Nestled in the rolling hills of Foothills County, just north of Millarville, this exceptional 1.8-acre property sits proudly atop Black Bear Lane in the highly sought-after Square Butte Ranch community. This private, gated, bare-land condominium offers a rare blend of country living with the conveniences of shared water access and community standards that preserve the beauty and quality of the area. Perched on the crest of the hill, the home is designed to take full advantage of its setting. From the expansive wrap-around deck, you can enjoy breathtaking panoramic views of the valley and surrounding foothills, making for peaceful mornings and unforgettable sunsets. Inside, this inviting split-level home offers over 2,100 square feet of living space plus a fully developed walkout basement. The heart of the home is the open-concept living room, anchored by a striking floor-to-ceiling stone wood-burning fireplace with a decorative oversized mantle. Natural light fills the space, enhancing the warmth and charm of this country retreat. The spacious primary suite is conveniently located on the main level, featuring a five-piece ensuite and serene views. The kitchen offers a functional layout with a central island and abundant windows framing the stunning landscape. A private den on this level provides an ideal work-from-home or reading space. The walkout basement, recently renovated, offers even more living space with a second fireplace (gas), a large recreation room, an additional den, cold room, bonus room, and generous storage areas, including dual utility rooms supporting the home’s water and heating systems. Whether you are raising a family or seeking a tranquil country lifestyle, this home delivers comfort, functionality, and beauty in equal measure. Square Butte Ranch is more than a community—it is a lifestyle, offering residents the serenity of country living with the confidence of shared amenities and well-maintai ned standards. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 13.00 Ft x 12.50 Ft | |
| Breakfast | 8.08 Ft x 12.50 Ft | |
| Bedroom | 16.75 Ft x 11.17 Ft |
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 15.33 Ft x 16.08 Ft | |
| Other | 18.17 Ft x 10.67 Ft | |
| Family room | 31.50 Ft x 19.42 Ft | |
| Cold room | 8.17 Ft x 7.00 Ft | |
| Furnace | 18.83 Ft x 10.83 Ft | |
| Furnace | 13.50 Ft x 15.00 Ft | |
| Den | 20.75 Ft x 11.58 Ft | |
| 4pc Bathroom | 12.25 Ft x 20.75 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 20.50 Ft x 24.00 Ft | |
| Dining room | 12.75 Ft x 24.00 Ft | |
| Other | 12.08 Ft x 7.25 Ft | |
| Primary Bedroom | 17.33 Ft x 18.92 Ft | |
| Bedroom | 14.00 Ft x 15.50 Ft | |
| 4pc Bathroom | 9.25 Ft x 7.50 Ft | |
| 5pc Bathroom | 13.42 Ft x 8.00 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
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Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.85%
Cap rate
4.69%
GRM
13.9
Break-even rent
$6,149
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 4, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Foothills County. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.