A Calgary area home, described as “Tuscan-inspired,” is for sale privately at $12 million — one of the highest ever priced properties on the market.
The home is in Pinnacle Ridge atop the escarpment overlooking Springbank.
The stone-covered estate home is “a Tuscan-inspired retreat that pays faithful homage to grand old European homes, with solid construction and luxurious attention to detail, the home is also completely modern in scope,” says a website marketing the home for sale.
“Over 16,000 square feet of finished space, with seven bedrooms, eight bathrooms, a heated 25-metre pool and spa area, wine cellar, 1,600-square-foot home theatre, games room and 1,000-square-foot gym. The home features geothermal heating, state-of-the-art security and entertainment systems, and an elevator serving three levels. The heated attached garage has space for five vehicles. The grounds include a sheltered interior courtyard, separate hobby house and outdoor sport court.”
It’s being offered for sale at $12 million including furnishings, decorations and entertainment systems.
Joe Starkman, partner with Knightsbridge Homes, said the company built the home in 2009.
“The architecture is kind of unique. It’s done more in a style of home that you would see down south in Arizona, in Phoenix. Or in Europe,” said Starkman. “A lot of the Tuscan, Italian style in the architecture of the home.
“It sits on two acres on a bluff out in Springbank with a spectacular mountain view. The home is geothermally heated, has a 25-metre indoor pool. So one of the unique things with pools, especially in our climate here, is that indoor pools have been problematic in that the moisture gets into the rest of the house and causes the wood to rot eventually over the years and become a real liability.
“In this case, we actually built a house within a house. So the pool on the lower level is fully self-contained with separate mechanical systems and no punctures or anything through the pool area to other parts of the house. It’s under a negative pressure. So when you open a door, air from the rest of the house gets sucked into the pool versus the high humidity air going out into the living spaces.”
The luxury home market in Calgary is on fire this year after setting a record last year for the number of MLS sales more than $1 million. There were 544 MLS sales in 2012 in that price category. In May of this year, the all-time record for MLS sales over $1 million was established with 84 transactions.
According to the Calgary Real Estate Board, three properties in the past have been listed in the MLS system for $12 million — a two-storey home in Eagle Ridge (2007), a two-storey in Aspen Woods (2011), and a bungalow in BelAire (2006).
There is a current active listing for a three-storey house in Crescent Heights for $11.5 million.
Year-to-date, there have been 349 MLS sales in Calgary for houses at $1 million or more. For the same time last year, there were 265 sales.
Earlier this year, a two-storey home in Aspen Woods sold for $10.35 million — the highest ever for an MLS residential sale in Calgary.
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