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182 Emerald Bay Drive
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Beds
2
Baths
5 full + 3 half
Sqft
2,204
Year
1993
Type
Single Family
On market
24d
Opportunities like this are exceptionally rare in Springbank. Set on 2.55 acres backing directly onto the Bearspaw Reservoir in the prestigious Emerald Bay area, this property offers breathtaking waterfront views, incredible privacy, and the chance to create a truly one of a kind riverfront estate.This sprawling bungalow offers over 2,200 sq ft above grade with a layout designed to capture the beauty of its surroundings. The living room serves as the heart of the home, featuring soaring floor to ceiling windows that frame panoramic water views and flood the space with natural light. A two sided fireplace seamlessly connects the living and dining areas, creating a warm and inviting atmosphere throughout the main living space.The kitchen is ideally positioned next to the dining area and offers a functional layout with ample opportunity for future customization and redesign. The primary retreat features a walk in closet, 4 piece ensuite, and a private jacuzzi area overlooking the water, a rare setting that truly embraces the property’s exceptional location.The basement remains largely unfinished while offering an additional bedroom and endless potential for future development. Major mechanical updates have already been completed, including two newer furnaces and an updated hot water tank. Completing the property is an oversized heated triple detached garage with plenty of space for vehicles, storage, and hobbies.Emerald Bay is one of Springbank’s most coveted waterfront communities, offering an unmatched balance of privacy, natural beauty, and estate living. Whether you choose to renovate, redesign, or build your dream estate, the true value of this property lies in its irreplaceable setting on the Bearspaw Reservoir, a rare opportunity to secure one of the area’s most prestigious locations. Book your private viewing today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 5.17 Ft x 6.67 Ft | |
| Bedroom | 16.42 Ft x 13.42 Ft | |
| Storage | 9.25 Ft x 13.67 Ft | |
| Furnace | 16.75 Ft x 7.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 1pc Bathroom | 3.08 Ft x 2.67 Ft | |
| 1pc Bathroom | 8.92 Ft x 5.92 Ft | |
| 4pc Bathroom | 7.58 Ft x 5.00 Ft | |
| 4pc Bathroom | 11.50 Ft x 15.33 Ft | |
| Breakfast | 10.08 Ft x 14.67 Ft | |
| Dining room | 14.17 Ft x 19.08 Ft | |
| Foyer | 9.33 Ft x 6.42 Ft | |
| Kitchen | 16.33 Ft x 10.25 Ft | |
| Laundry room | 7.75 Ft x 13.08 Ft | |
| Living room | 20.67 Ft x 15.75 Ft | |
| Office | 14.17 Ft x 11.67 Ft | |
| Primary Bedroom | 18.08 Ft x 14.58 Ft | |
| Other | 7.08 Ft x 9.92 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
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
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
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).
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 May 21, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Rocky View County. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.