We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
Buyer alert automation
Get matching homes sent on your schedule. This uses this home's city, style, bedroom count, and price band as the starting filter.
Choose alert settings, then sign in
Rural Foothills County · Single Family · under $3,950,000 · 5+ bed · 5+ bath. Alerts only send when there are new or meaningfully updated matching homes.
Alert speed
Send by
Watch for
Swipe through similar matches — tap the heart to save, or open one for the full read.
198029 SPRUCE MEADOWS Way
Perfectly positioned on prestigious Spruce Meadows Way, overlooking the world-renowned Spruce Meadows Equestrian Centre and directly across from Silverado, this exceptional 5.02-acre corner estate offers a rare combination of luxury, privacy, breathtaking 360° views, and future development potential. Located on Calgary's doorstep in one of the Foothills' most desirable locations, enjoy spectacular Rocky Mountain vistas, rolling countryside, and Calgary skyline sunsets.This custom-built executive residence offers over 6,300 sq. ft. of professionally developed living space (4,111 sq. ft. above grade plus 2,224 sq. ft. walk-out), showcasing exceptional craftsmanship throughout. Rich custom cherry woodwork highlights the home, while the chef's kitchen features handcrafted cherry cabinetry, premium built-in appliances, a large island with cooktop, prep sink, built-in desk, display cabinetry, and a separate spice kitchen.The stunning two-storey Great Room features a dramatic curved wall of floor-to-ceiling windows framing panoramic views, complemented by a one-of-a-kind handcrafted sculpted ceiling. The main floor includes a luxurious primary suite with a spa-inspired 5-piece ensuite and walk-in closet, a private library/den, and a second bedroom with its own ensuite.Upstairs, a bright loft opens to a sheltered south-facing balcony, while the spacious bonus room above the garage with a private ensuite is ideal as a guest suite, office, or additional bedroom.The fully developed walk-out level is designed for entertaining and family living, featuring a home theatre, spacious family room, custom wet bar, wine cellar, home gym, steam shower, two additional ensuite bedrooms, a flexible multipurpose room, and extensive storage with direct garage access.Additional highlights include a heated four-bay garage/shop with in-floor heating, RV-height fourth bay, 220V EV charging outlet, gated entrance, exterior entertainment speakers, and a comprehensive security system. Rec ent updates include new shingles (2021) and new eavestroughs and downspouts (2021).Designed as an ultra-energy-efficient Green Home, the property features a six-well geothermal heat pump system with natural gas backup, delivering exceptional comfort and low operating costs.Whether you're seeking a prestigious country estate, an exceptional equestrian property, or a strategic long-term investment with future development potential, this one-of-a-kind estate offers an unparalleled lifestyle just minutes from Calgary (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.92 Ft x 11.83 Ft | |
| Other | 6.00 Ft x 5.75 Ft | |
| 3pc Bathroom | 5.00 Ft x 16.08 Ft | |
| Bedroom | 16.42 Ft x 14.17 Ft | |
| Recreational, Games room | 18.67 Ft x 11.83 Ft | |
| Family room | 23.00 Ft x 19.17 Ft | |
| Wine Cellar | 13.08 Ft x 9.08 Ft | |
| Media | 16.67 Ft x 13.08 Ft | |
| Bedroom | 15.25 Ft x 12.17 Ft | |
| Other | 4.58 Ft x 5.25 Ft | |
| 4pc Bathroom | 8.17 Ft x 8.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.42 Ft x 13.17 Ft | |
| 4pc Bathroom | 4.92 Ft x 9.08 Ft | |
| Office | 12.67 Ft x 11.33 Ft | |
| Primary Bedroom | 16.50 Ft x 17.25 Ft | |
| 5pc Bathroom | 12.58 Ft x 10.42 Ft | |
| Other | 7.08 Ft x 12.08 Ft | |
| Other | 4.92 Ft x 6.00 Ft | |
| Dining room | 12.33 Ft x 15.92 Ft | |
| Pantry | 5.25 Ft x 4.75 Ft | |
| Living room | 20.92 Ft x 27.33 Ft | |
| Kitchen | 18.42 Ft x 15.92 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 24.92 Ft x 18.33 Ft | |
| 3pc Bathroom | 5.33 Ft x 6.67 Ft | |
| Loft | 14.83 Ft x 17.50 Ft | |
| Other | 9.92 Ft x 7.42 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).
Cash on cash
-0.50%
Cap rate
4.76%
GRM
13.9
Break-even rent
$22,222
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 Jul 8, 2026.
| Other | 13.00 Ft x 13.67 Ft |
| Other | 8.33 Ft x 9.58 Ft |
| 3pc Bathroom | 9.25 Ft x 4.92 Ft |
| Laundry room | 6.92 Ft x 6.08 Ft |
| Other | 10.08 Ft x 19.25 Ft |
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.