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244098 Panorama Ridge SW
Beds
6
Baths
3
Sqft
1,512
Year
1976
Type
Single Family
On market
11d
Properties like this rarely come on the market. Imagine your own incredibly private, personal forest sanctuary, complete with stunning mountain views in the heart of prestigious central Springbank. Yet, this 5.7 acre property boasting nearly 3400 square feet overall with horse facilities is only 5 minutes from the Springbank schools and 10 minutes from the West Springs shops. An electronic gate opens to a long, winding, tree lined driveway past horse pastures and barns. It leads to a hilltop with a charming, well kept walkout bungalow with 6 bedrooms and 3 bathrooms. The house is not overlooked by any other home, nor road. A CHERISHED PLACE OF EXCEPTIONAL PEACE, BEAUTY AND PRIVACY, you will hear constant birdsong, see deer and foxes stroll past the large sunny windows, and hear the frogs singing in the nearby fields. The house layout enhances the connection to the outdoors. Both the flow-through kitchen and adjacent deck offer breathtaking mountain views and sunsets. The main floor has been thoughtfully renovated while keeping its warmth and character. It features 2 bedrooms for families with younger children or easy, one-storey living. The peaceful sun-filled family room offers southwest views to the Rockies.Extensive 2025-2026 renovations include a new ground floor bathroom, new pantry, new primary walk in closet, and a show-stopping primary ensuite with underfloor heating, beautifully finished with imported Italian tile. The living room embodies alpine chic. Under a vaulted cedar ceiling, you can cozy up in front of a blazing real fireplace, recently cleaned and WETT safety certified. Large windows provide views to the forest and sunsets. The glassed-in 3 season room—tucked into the trees—feels like a private retreat. The walkout level offers 3 additional bedrooms in the main house with easy access to days spent outdoors. This includes a second deck with west facing hot tub and winding steps down to the horse paddocks and facilities including a tack and fee d shed, shelters, stalls, covered hay storage, and a heated auto-waterer. A newer nonpermitted one bedroom nanny/guest/MIL (illegal) suite-built in 2021- includes a full kitchen, bathroom, laundry, and its own private entrance with direct outdoor access. This adds versatility for guests, multigenerational living, or income potential.The triple heated garage, re-roofed in 2025, includes a handy workshop for vehicles, hobbies, or equipment. The home also features hydronic heating with multiple zones. This includes underfloor heating and wall hydronic radiators. Additional outbuildings include the garden shed, conveniently located next to the raised bed kitchen garden. This is not a standard acreage but the home where you can have it all. It’s a nature immersed lifestyle property offering privacy, security, views, and proximity to all the City brings. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 8.00 Ft x 5.92 Ft | |
| Bedroom | 10.92 Ft x 12.08 Ft | |
| Bedroom | 12.00 Ft x 11.17 Ft | |
| Bedroom | 15.50 Ft x 12.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 14.17 Ft x 9.83 Ft | |
| Dining room | 11.58 Ft x 9.83 Ft | |
| Family room | 14.83 Ft x 14.83 Ft | |
| Living room | 19.58 Ft x 18.00 Ft | |
| Sunroom | 10.08 Ft x 4.75 Ft | |
| Primary Bedroom | 13.00 Ft x 15.08 Ft | |
| 4pc Bathroom | 13.67 Ft x 10.00 Ft | |
| Bedroom | 8.25 Ft x 12.50 Ft |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 8.92 Ft | |
| Bedroom | 13.25 Ft x 10.58 Ft | |
| Breakfast | 11.25 Ft x 9.50 Ft | |
| Kitchen | 11.75 Ft x 9.42 Ft | |
| Recreational, Games room | 15.58 Ft x 14.83 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
-0.63%
Cap rate
4.74%
GRM
13.9
Break-even rent
$10,692
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 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.