Opportunities like this are exceptionally rare in Springbank. Set on 2.55 acres backing directly onto the Bearspaw Reservoir in the prestigious Emerald Bay area, this property offers breathtaking waterfront views, incredible privacy, and the chance to create a truly one of a kind riverfront estate.
This sprawling bungalow offers over 2,200 sq ft above grade with a layout designed to capture the beauty of its surroundings. The living room serves as the heart of the home, featuring soaring floor to ceiling windows that frame panoramic water views and flood the space with natural light. A two sided fireplace seamlessly connects the living and dining areas, creating a warm and inviting atmosphere throughout the main living space.
The kitchen is ideally positioned next to the dining area and offers a functional layout with ample opportunity for future customization and redesign. The primary retreat features a walk in closet, 4 piece ensuite, and a private jacuzzi area overlooking the water, a rare setting that truly embraces the property’s exceptional location.
The basement remains largely unfinished while offering an additional bedroom and endless potential for future development. Major mechanical updates have already been completed, including two newer furnaces and an updated hot water tank. Completing the property is an oversized heated triple detached garage with plenty of space for vehicles, storage, and hobbies.
Emerald Bay is one of Springbank’s most coveted waterfront communities, offering an unmatched balance of privacy, natural beauty, and estate living. Whether you choose to renovate, redesign, or build your dream estate, the true value of this property lies in its irreplaceable setting on the Bearspaw Reservoir, a rare opportunity to secure one of the area’s most prestigious locations. Book your private viewing today!
Data was last updated May 16, 2026 at 06:05 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$2,399,000
Min list price:
$1,849,900
Max list price:
$13,500,000
Avg days on market:
50
Min days on market:
1
Max days on market:
399
Avg price per sq.ft.:
$797.49
These statistics are generated based on the current listing's property type
and located in
Springbank. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.