pillar/IMG-A2330014_1.jpg
81 days on Market

116 Panatella Rise, Calgary, Alberta T3K0W8

Detached
1 + 2
4 + 1
~2389.89 sqft
$•••,•••
$1,199,900
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Detached
1 + 2
4 + 1
~2389.89 sqft

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Highlights

Property Estimate

Days on market81 days

Estimated valueNot available

Price/Sqft$502/sqft

Monthly cost

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Description

Alert! Rare opportunity to own an exceptional custom-built WATERFRONT home on a premium pond-backing lot in the highly sought-after community of Panorama Hills. This stunning 1½-storey WALKOUT offers 2,394 sq. ft. of beautifully designed living space above grade, plus 1,375 sq. ft. of professionally developed walkout basement, combining timeless elegance, outstanding craftsmanship, and breathtaking water views. A grand foyer welcomes you into a bright, sun-filled main floor featuring a spacious private office and an open-concept layout designed for both everyday living and sophisticated entertaining. The chef-inspired gourmet kitchen is beautifully appointed with rich walnut Allura cabinetry, premium granite countertops, a large island, and high-end Dacor stainless steel appliances. Expansive windows capture tranquil pond views, while a striking two-sided stone fireplace creates a warm focal point between the living and dining areas. The generous dining room comfortably accommodates large gatherings and is enhanced by rich walnut hardwood flooring throughout. The upper level is dedicated to a luxurious primary retreat featuring a spacious walk-in closet, private sitting/TV area, exclusive balcony overlooking the pond, and a spa-inspired 5-piece ensuite with in-floor heating, dual-sided fireplace, soaker tub, and separate shower. The professionally finished walkout basement provides exceptional additional living space with two generous bedrooms, including one with its own ensuite, an additional full bathroom, a spacious recreation room, and a custom wet bar complete with a beverage refrigerator and dishwasher. In-floor heating ensures warmth and comfort throughout the winter months, while central air conditioning keeps the home cool during the summer. A three-zone control system allows independent temperature adjustment on each level for maximum comfort and efficiency. Step outside to the beautifully landscaped backyard with an exposed aggregate patio, where you can relax and enjoy the peaceful waterfront setting. Recent upgrades, including a newer roof and new hot water tank, provide added value and peace of mind. Thoughtfully designed and impeccably maintained, this one-of-a-kind luxury home offers an exceptional combination of quality, comfort, and an unbeatable waterfront lifestyle. A rare opportunity not to be missed!


Property Details

Style1 and Half Storey
View-
Age of property2012
SqFt~2389.89 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2330014
Community NamePanorama Hills
Data SourcePILLAR 9
Listing byC-Luxury Realty Ltd.

Features

Heating: In Floor,Forced Air,Natural Gas
Central Vacuum
Cooling: Central Air
Basement: Full,Finished,Walk Out

Main Floor

Kitchen

22`0" x 12`10"

Breakfast Nook

9`0" x 8`4"

Living Room

14`6" x 11`10"

Dining Room

19`6" x 11`6"


Features

Patio: Deck,Patio

Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property History

Jul 16, 2026
ListedActive
$1,199,900
81 days on market
history photo preview45
Listing by pillar 9®
Property listed by C-Luxury Realty Ltd., Brokerage
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Market Data - Panorama Hills

Geo Zone Map ThumbnailPanorama Hills

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

42 days

Compared to

2025

36 days

2024

42 days

2023

14 days

New Listings

Past 30 days

17 listings

Compared to

2025

30 listings

2024

27 listings

2023

19 listings

Units sold

Past 30 days

12 units

Compared to

2025

10 units

2024

8 units

2023

16 units

Median Sold Price

Past 30 days

$710,000

Compared to

2025

$706,750

2024

$773,500

2023

$749,000


Population and Demographics

Overview

Total population 22853
Average household income $138,771

Age (%)

0 to 19
29%
20 to 34
17%
35 to 49
26%
50 to 64
18%
65 and plus
10%

Household composition (%)

Single family
79%
Single person
16%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
53%
Yue (Cantonese)
13%
Mandarin
8%
Punjabi (Panjabi)
5%
Tagalog (Pilipino, Filipino)
4%
Urdu
3%
Spanish
2%
Arabic
2%
Vietnamese
2%
Others
1%

House tenancy (%)

Owners
79%
Renters
21%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget