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566 Pine Creek Ridge
Beds
3
Baths
4 full + 1 half
Sqft
3,158
Year
1997
Type
Single Family
On market
116d
Nestled between the City of Calgary and Heritage Pointe, 1+2 bedrooms, 3158 Sq Ft Walkout Bungalow offers a rare opportunity to own an exquisite 1.4-acre ravine property that perfectly blends luxury, comfort, and natural beauty. This extraordinary estate captures the best of both worlds—tranquil country living and easy city access—making it an ideal sanctuary for those seeking privacy without compromise.From the moment you arrive, the property’s serene setting draws you in. Framed by mature trees and sweeping ravine views, this oversized, fully serviced lot provides an unparalleled sense of space and seclusion while remaining only minutes from Calgary’s city limits. Whether hosting lively gatherings or enjoying peaceful mornings on the deck, this bungalow promises a lifestyle defined by balance, elegance, and connection to nature.Completely renovated throughout, this exceptional bungalow showcases refined design and exceptional craftsmanship. The open-concept main floor features vaulted ceilings and a striking two-sided stone fireplace, creating an atmosphere of warmth and sophistication. Sunlight fills the living spaces, emphasizing the home’s flowing layout and high-end finishes that blend timeless charm with contemporary function.At the heart of the home lies a gourmet chef’s kitchen—an inspiring space designed for both culinary adventures and entertaining. Granite countertops, a large island with breakfast bar, and a dedicated scullery kitchen provide both beauty and convenience, seamlessly blending style and practicality. Every element has been thoughtfully curated to create a kitchen that is as inviting as it is functional.The primary suite is a serene retreat offering spa-like luxury with in floor heating, digital shower controls, and a five-piece ensuite designed for relaxation. Each bedroom includes a walk-in closet, and all bathrooms feature premium finishes that elevate daily routines into indulgent experiences.Transition effortlessly from indoor to outdoor living, where an expansive front deck with a stone fireplace and built-in seating offers the perfect gathering spot for evenings under the stars. The multi-tiered back deck, featuring a built-in hot tub, overlooks the breathtaking ravine—ideal for entertaining or simply unwinding in nature’s embrace.The fully developed walk-out basement expands the home’s versatility with in floor heating, a spacious recreation room with wet bar, a private gym, and a second den or home office. Every square foot is designed for both relaxation and functionality. Thoughtful additions such as an oversized triple garage with in floor heating, a main floor laundry room with full cabinetry, a mud room, and abundant storage space enhance convenience and comfort throughout.With its prime location, meticulous renovations, and unrivaled privacy, This bungalow redefines ravine living. This one-of-a-kind estate delivers the ultimate combination of natural beauty, modern luxury, and effortless convenience. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 10.83 Ft x 6.58 Ft | |
| Other | 19.92 Ft x 6.83 Ft | |
| Bedroom | 14.33 Ft x 13.50 Ft | |
| Bedroom | 14.08 Ft x 11.92 Ft | |
| Den | 11.42 Ft x 14.08 Ft | |
| Exercise room | 11.25 Ft x 23.67 Ft | |
| Recreational, Games room | 27.08 Ft x 33.58 Ft | |
| Storage | 9.67 Ft x 4.92 Ft | |
| Storage | 9.67 Ft x 18.58 Ft | |
| Furnace | 15.83 Ft x 12.92 Ft | |
| Furnace | 12.00 Ft x 17.58 Ft | |
| Other | 6.33 Ft x 8.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 7.33 Ft x 5.58 Ft | |
| 3pc Bathroom | 12.92 Ft x 7.25 Ft | |
| 5pc Bathroom | 13.17 Ft x 13.00 Ft | |
| Dining room | 12.00 Ft x 12.58 Ft | |
| Family room | 17.67 Ft x 13.58 Ft | |
| Foyer | 7.83 Ft x 6.00 Ft | |
| Kitchen | 23.42 Ft x 15.75 Ft | |
| Laundry room | 15.50 Ft x 14.00 Ft | |
| Living room | 19.50 Ft x 15.08 Ft | |
| Other | 12.00 Ft x 7.67 Ft | |
| Den | 15.50 Ft x 17.83 Ft |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| Other | 15.25 Ft x 15.92 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).
Cash on cash
-0.62%
Cap rate
4.74%
GRM
13.9
Break-even rent
$12,803
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 May 31, 2026.
| Primary Bedroom | 21.58 Ft x 14.92 Ft |
| Other | 15.92 Ft x 9.17 Ft |
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Heritage Pointe. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.