1 / 44Panorama Hills · Calgary
116 Panatella Rise NW, Calgary
$1,249,900
Panorama Hills, Calgary, Alberta T3K0W8 · MLS® A2330014
- 3
- Bedrooms
- 3.5
- Bathrooms
- 2,390
- Sq ft above grade
- $523
- Per sq ft
3 full · 1 half
+1,548 below
About This Property
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
Interior
- Bedrooms
- 3
- Bathrooms
- 3 full · 1 half
- Ensuite bathrooms
- 2
- Rooms above grade
- 5
- Above grade
- 2,390 sq ft
- Main level
- 1,563 sq ft
- Upper level
- 827 sq ft
- Finished below grade
- 1,548 sq ft
- Total finished
- 3,938 sq ft
- Basement
- Full · Finished
- Fireplaces
- 2 fireplaces
- Laundry
- Main Level, Sink
Interior features
- Bookcases
- Breakfast Bar
- Central Vacuum
- Closet Organizers
- Double Vanity
- Granite Counters
- High Ceilings
- Jetted Tub
- Kitchen Island
- Open Floorplan
- Pantry
- Separate Entrance
- Vaulted Ceiling(s)
- Vinyl Windows
- Walk-In Closet(s)
- Wet Bar
Flooring
- Carpet
- Hardwood
- Tile
Fireplace
- Bedroom
- Double Sided
- Gas
- Living Room
Building
- Property type
- Detached
- Structure
- House
- Style
- 1 and Half Storey
- Levels
- One and One Half
- Year built
- 2012
- Front exposure
- NW
- Unit exposure
- NW
Construction
- Stucco
- Wood Frame
Roof
- Asphalt Shingle
Foundation
- Poured Concrete
Heating, cooling & services
- Heating
- In Floor, Forced Air, Natural Gas
- Cooling
- Central Air
Parking
- Garage
- Double Garage Attached · 2 spaces
- Garage size
- 24`10" x 19`4"
- Total parking
- 4 spaces
Lot & outdoors
- Lot size
- 5,102 sq ft
- Acreage
- 0.12 acres
- Frontage
- 45.93 ft
- Fencing
- Fenced
Lot features
- Backs on to Park/Green Space
- Landscaped
- No Neighbours Behind
- Standard Shaped Lot
Outdoor living
- Deck
- Patio
Exterior features
- Balcony
- BBQ gas line
In the community
- Playground
- Pond
- Schools Nearby
- Shopping Nearby
- Street Lights
- Walking/Bike Paths
Costs & ownership
- Annual property tax
- $7,514 (2026)
- Title
- Fee Simple
- Ownership
- Private
- Zoning
- R-G
- Restrictions
- None Known
Listing & availability
- MLS® number
- A2330014
- Listed
- Jul 16, 2026
- Days on market
- 60
- Possession
- Negotiable
- Possession date
- Sep 1, 2026
- Listing office
- C-Luxury Realty Ltd.
Included in the sale
Appliances: Built-In Oven, Central Air Conditioner, Dishwasher, Dryer, Garage Control(s), Garburator, Gas Range, Microwave, Refrigerator, Washer, Window Coverings, Wine Refrigerator
Inclusions are as advertised by the listing brokerage and are confirmed in the purchase contract, not here.
Selling
Thinking of listing your home?
Need to sell to buy this one, or just want a real number? Stephen prepares a free evaluation that accounts for lot, finishes, and current activity in your community.
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