Monday, September 23, 2013

French Chateau, Springbank-Ttyle: a $5.5 Million Dollar Sign of Calgary's Booming Luxury Home Market

French chateau, Springbank-style: a $5.5 million dollar sign of Calgary's booming luxury home market

Springbank area property listed for $5.5 million

 

 
French chateau, Springbank-style: a $5.5 million dollar sign of Calgary's booming luxury home market
 

This house in Springbank, styled after a French country château, circa 1800, is being offered at $5.5 million dollars amidst what realtors says is a booming market for luxury real estate in Calgary and area.

Photograph by: Supplied , Ross Pavl/rosspavl.com

CALGARY — Imagine stepping back in time to the 1800s in your new home.
A unique residential real estate listing in the Calgary area market, for sale at $5.5 million in the Springbank area, transports people back in time to an Old World French country château experience.
Click here to see the gallery.
“The household and design is like an 1800 French château,” said realtor Ross Pavl, of RE/MAX House of Real Estate, who has the home listed for sale.
“A lot of material has been used in this house like Old World. Mainly from Europe and North America. As soon as you enter the property, when you’re on the grounds and drive up to the visitor parking area, you get this kind of feeling that you’re back in this era.”
The 7,900-square-foot home has five bedrooms, seven baths and five fireplaces on three-and-a-half levels.
Pavl said the custom-built home has antique chandeliers, statues, artifacts, artwork and centuries-old time pieces.
The kitchen has rare Labradorite countertops.
There’s a front courtyard featuring a rose garden with benches surrounding a central fountain, overlooking a private, natural duck pond. A creek leads to a three-tier waterfall with views of the snow-capped Rocky Mountains.
And one of the most unique features is a hidden chamber.
It is located at 242245 Chinook Arch Lane.
The listing comes at a time when the luxury home market is booming in Calgary.
According to Mike Fotiou, associate broker with First Place Realty, it’s looking like September will be the eighth consecutive month a luxury home sales record has been broken. As of Sunday, there were 42 MLS sales in Calgary for $1 million or more. The record for the month was 44 in 2011.
“Going back to last October, only January interrupted the string of monthly records,” wrote Fotiou in a blog.
Earlier this month, the Calgary real estate market broke the all-time annual luxury home sales of 544 set in 2012.
In June, a Crescent Heights home sold for $11.1 million — the most expensive MLS sale ever in Calgary.
In May, the all-time monthly sales record was established with 83 properties changing hands, added Fotiou.
“Going back into 2012, monthly sales records were also set in December, November and October,” he said.
Click here to see the gallery.

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