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11 hours on Market

115 Spray Ave, Banff, Alberta T1L 1H1

Detached
6 + 2
5 + 1
~3049.00 sqft
$4,150,000
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Detached
6 + 2
5 + 1
~3049.00 sqft

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Highlights

Property Estimate

Days on market11 hours

Estimated valueNot available

Price/Sqft$1,361/sqft

Monthly cost

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Description

Mid-century modern architecture meets contemporary mountain living, framed by the extraordinary landscape of Banff National Park. Set on an expansive 15,521-square-foot lot in the heart of Banff, 115 Spray Avenue combines the clean lines of mid-century modern architecture with warm, thoughtfully updated interiors. Offering over 4,800 square feet of living space, panoramic mountain views and an exceptional connection to the outdoors, this distinctive residence captures the essence of refined alpine living. From the street, the home's modernist silhouette makes a striking statement. Inside, contemporary sophistication meets the inviting character of a mountain retreat, creating spaces equally suited to quiet mornings, family gatherings and entertaining. The main level centres around a welcoming living room and spacious dining area. A luxurious kitchen anchors the home, complemented by a generous pantry and practical mudroom designed for an active mountain lifestyle. The primary suite offers a private sanctuary with a spa-inspired ensuite and walk-in closet, bringing comfort and convenience to everyday living. Above, five additional bedrooms offer flexibility for family and guests. The defining feature is an expansive balcony capturing breathtaking 360-degree views of Mount Rundle, Cascade Mountain, Sulphur Mountain and Mount Norquay. The surrounding peaks create an ever-changing panorama, connecting the architecture to its remarkable natural setting. The lower level provides additional versatility with an existing non-conforming, illegal two-bedroom suite, along with dedicated laundry facilities and substantial storage. Outdoors, the gently sloping lot elevates the home's position and enhances its mountain views. A fenced rear garden creates a private oasis, complete with hot tub and fire pit for evenings beneath the stars and après-ski gatherings. Beyond the property, Banff offers an extraordinary lifestyle. Morning walks along the Bow River, afternoons skiing, hiking or cycling, and evenings enjoying the town's restaurants and cultural offerings become part of everyday life. Here, the distinction between a mountain holiday and home begins to disappear. An Exceptional Landholding with Future Development Potential The property's substantial 15,521-square-foot lot carries RSA: Spray Avenue District zoning, established to accommodate the eventual redevelopment of single-detached properties into medium-density residential housing. This designation offers compelling long-term possibilities, with triplex, fourplex and multiplex housing identified as permitted uses, while apartment housing and other residential configurations may be considered as discretionary uses, subject to applicable regulations and approvals. In a community where developable land is exceptionally limited, this property presents a rare combination of immediate residential enjoyment and future redevelopment potential.


Property Details

Style3 (or more) Storey
View-
Age of property1964
SqFt~3049.00 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2351634
Community NameBanff
Data SourcePILLAR 9
Listing bySotheby's International Realty Canada

Features

Heating: In Floor,Forced Air
Basement: Full,Partially Finished,Separate/Exterior Entry

Main Floor

2pc Bathroom

4`11" x 7`10"

5pc Ensuite bath

9`7" x 16`3"

Dining Room

17`5" x 11`4"

Foyer

9`8" x 7`11"


Features

Patio: Balcony(s)

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Oct 13, 2026
ListedActive
$4,150,000
11 hours on market
history photo preview49
Listing by pillar 9®
Property listed by Sotheby's International Realty Canada, Brokerage
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Market Data - Banff

Geo Zone Map ThumbnailBanff

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

29 days

Compared to

2025

109 days

2024

0 day

2023

58 days

New Listings

Past 30 days

0 listing

Compared to

2025

0 listing

2024

1 listing

2023

4 listings

Units sold

Past 30 days

1 unit

Compared to

2025

3 units

2024

0 unit

2023

2 units

Median Sold Price

Past 30 days

$1,800,000

Compared to

2025

$2,375,000

2023

$1,520,000


Population and Demographics

Overview

Total population 6929
Average household income $112,947

Age (%)

0 to 19
14%
20 to 34
33%
35 to 49
23%
50 to 64
18%
65 and plus
12%

Household composition (%)

Single family
54%
Single person
32%
Multi person
13%
Multi family
1%

Mother tongue (%)

English
75%
French
9%
Tagalog (Pilipino, Filipino)
6%
Japanese
5%
Others
3%
Spanish
1%

House tenancy (%)

Renters
59%
Owners
41%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget