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39 Calling Horse Estates
Perched atop one of the most desirable locations in Calling Horse Estates, this extraordinary 5-acre estate offers panoramic Rocky Mountain views, stunning city skyline and Canada Olympic Park views, unmatched privacy, and a truly irreplaceable setting. Located within an exclusive community of only 17 estate residences, this remarkable property sits at the end of a quiet cul-de-sac with virtually no traffic and combines the original 4.35-acre parcel with an additional 0.65-acre parcel, creating a full 5-acre estate rarely found this close to Calgary.Surrounded by mature trees, abundant wildlife, and spectacular scenery in every direction, this is a rare opportunity to own one of Springbank's premier estate properties. Extensively renovated and meticulously maintained, the home has benefited from over $500,000 in upgrades and improvements, including a 50-year roof, asphalt driveway, heating systems, boiler, water softener, radon mitigation system, backflow protection, extensive landscaping, exterior painting, custom deck and pergola, renovated atrium, updated flooring, kitchen improvements, basement redevelopment, and numerous additional mechanical and cosmetic upgrades.Offering over 4,600 sq.ft. of developed living space, this exceptional home features 4 bedrooms, 4.5 bathrooms, dual laundry locations, vaulted ceilings, multiple living areas, a dedicated study, and breathtaking views from nearly every principal room. The upper-level primary retreat includes a walk-in closet and spacious ensuite, while the fully developed lower level features a stunning second primary suite with a renovated spa-inspired ensuite complete with steam shower, a massive recreation area, over 400 sq.ft. of concrete crawl-space storage, and cabinetry, appliances, lighting, and rough-ins already in place for a future kitchen installation.A standout feature is the incredible 445 sq.ft. office/shop/flex space with direct access to both the garage and backyard. Ideal as a professional off ice, workshop, studio, gym, or hobby space, this unique area offers flexibility rarely found in luxury acreage properties. Combined with over 1,000 sq.ft. of attached garage space across two oversized double garages, there is ample room for vehicles, toys, equipment, and storage.Outside, enjoy extensive outdoor lighting, security cameras, invisible dog fencing, RV and toy parking, a powered storage shed, and endless opportunities to enjoy the surrounding landscape. Horse enthusiasts will appreciate the ability to keep up to two horses while enjoying access to the community riding ring, tennis courts, private park, and walking paths.Located just 8 minutes from Stoney Trail and Highway 1, 11 minutes from Canada Olympic Park, 13 minutes from Calgary Farmers' Market West, 25 minutes from Kensington, and minutes from the future Bingham Crossing development, including Canada's first boutique Costco, this property offers the perfect balance of peaceful country living and urban convenience. See Spec Sheet. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 8.33 Ft x 4.92 Ft | |
| 4pc Bathroom | 12.33 Ft x 9.75 Ft | |
| Bedroom | 13.92 Ft x 14.25 Ft | |
| Recreational, Games room | 42.83 Ft x 21.25 Ft | |
| Furnace | 15.83 Ft x 6.58 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 5.58 Ft x 8.58 Ft | |
| Dining room | 16.08 Ft x 10.67 Ft | |
| Family room | 19.08 Ft x 15.58 Ft | |
| Kitchen | 23.33 Ft x 9.83 Ft | |
| Laundry room | 7.50 Ft x 11.92 Ft | |
| Living room | 23.42 Ft x 14.67 Ft | |
| Office | 31.50 Ft x 14.42 Ft | |
| Storage | 7.58 Ft x 9.75 Ft | |
| Study | 11.17 Ft x 11.25 Ft | |
| Furnace | 5.83 Ft x 7.17 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 10.42 Ft | |
| 5pc Bathroom | 15.58 Ft x 8.25 Ft | |
| Bedroom | 14.08 Ft x 10.42 Ft | |
| Bedroom | 15.83 Ft x 8.92 Ft | |
| Family room | 16.08 Ft x 7.00 Ft | |
| Primary Bedroom | 14.83 Ft x 10.42 Ft | |
| Other | 7.83 Ft x 12.42 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
-0.61%
Cap rate
4.74%
GRM
13.9
Break-even rent
$11,602
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.
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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 Jun 17, 2026.
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.