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218 Grizzly Rise
Beds
5
Baths
7 full + 2 half
Sqft
4,304
Year
2011
Type
Single Family
On market
84d
Architecturally inspired by Frank Lloyd Wright and designed to capture breathtaking west-facing views of the Rocky Mountains, this Built Green & Gold Certified, energy efficient estate is one of the most exceptional homes in Bearspaw. Thoughtfully curated on 2.91 pristine acres at the end of a quiet cul-de-sac, this 5 bedroom, 7 bath residence offers over 6,200 sq ft of developed living space, all warmed & cooled via advanced geothermal technology with in-floor heating. Striking floor-to-ceiling commercial grade windows frame the dramatic mountain vistas throughout the home. The chef’s kitchen is impeccably appointed with full Sub-Zero fridge & freezer, six-burner Wolf cooktop, custom hood fan, dual Wolf convection wall ovens, Wolf warming drawer, & Miele dishwasher & coffee station. A substantial quartz island provides abundant prep space, while the built-in kitchen table finished in Capolavoro honed granite adds warmth & texture. Entertain effortlessly as a 15.5-ft NanaWall opens to the spectacular backyard oasis, featuring a built-in Lynx BBQ, custom water feature, natural gas fireplace, & professionally designed landscaping with automated irrigation. The seamless indoor-outdoor flow is ideal for hosting gatherings large &/or small. The main level is completed by a spacious living area with dual-sided fireplace, a west-facing home office filled with natural light, formal dining room well suited for large gatherings, & a well-designed mudroom with extensive built-ins, laundry facilities, & a second floor laundry chute. A covered courtyard with motorized screens, sound system, & natural gas fire table creates an inviting outdoor lounge experience. A bright breezeway connects to the heated 4+ car garage, complete with dog wash & EV charging. The upper level hosts four generous bedrooms. The primary suite & fourth bedroom each feature private ensuites, while the second & third bedrooms share a Jack & Jill bath. The primary retreat rivals a six-star hotel, showcasing a custom built-in king bed & a Holt Renfrew-inspired walk-in dressing room. A thoughtfully designed kids’ media area completes this level. The walkout lower level is equally impressive, offering guest quarters, a media room with blackout blinds, custom banquet seating, wine room, wet bar, & a fitness studio with direct access to the private salt water hot tub. The spa-inspired bathroom features a rainfall steam shower & large infrared sauna, creating the perfect space for healthy detox & rejuvenation. A full Control4 smart home system provides advanced automation (lighting, audio video, temperature, blinds, irrigation, + security) all accessible via your smartphone. The property also has a radon mitigation system & reverse osmosis water throughout. Ideally located with quick access to the mountains, the airport, & the downtown core, this remarkable property offers a rare blend of architectural distinction, cutting-edge technology, & serene natural beauty, call for more information! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Furnace | 19.00 Ft x 19.33 Ft | |
| Exercise room | 15.33 Ft x 16.67 Ft | |
| Recreational, Games room | 19.00 Ft x 19.33 Ft | |
| Bedroom | 12.83 Ft x 19.33 Ft | |
| 4pc Bathroom | 6.17 Ft x 11.67 Ft | |
| 4pc Bathroom | 9.00 Ft x 19.67 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 20.33 Ft x 20.50 Ft | |
| Dining room | 13.50 Ft x 15.33 Ft | |
| Living room | 16.00 Ft x 19.33 Ft | |
| Office | 12.17 Ft x 13.33 Ft | |
| Foyer | 9.50 Ft x 16.00 Ft | |
| Other | 6.83 Ft x 18.33 Ft | |
| Laundry room | 7.17 Ft x 19.83 Ft | |
| 2pc Bathroom | 5.50 Ft x 5.83 Ft | |
| 2pc Bathroom | 5.17 Ft x 6.00 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 13.00 Ft x 16.00 Ft | |
| Primary Bedroom | 13.50 Ft x 17.83 Ft | |
| Bedroom | 12.00 Ft x 15.33 Ft | |
| Bedroom | 12.17 Ft x 12.33 Ft | |
| Bedroom | 12.33 Ft x 12.83 Ft | |
| 3pc Bathroom | 7.50 Ft x 12.17 Ft | |
| 5pc Bathroom | 12.50 Ft x 24.00 Ft | |
| 5pc Bathroom | 11.00 Ft x 11.33 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
$21,888
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.
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 9, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.