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Renanza Realty
For sale

115 Spray Avenue

Banff, Alberta

MLS® A2351634

$4,150,000

Status
Active
Property type
House
MLS® number
A2351634
Bedrooms
8
Bathrooms
5
Year built
1964

Listing 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 PotentialThe 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 summary

MLS® number
A2351634
Property type
Single Family
Building type
House
Square footage
3,049 sq ft
Title
Leasehold
Land size
1442 square meters
Built in
1964
Annual property taxes
$15,350.00
Parking
4 spaces · Other
Days on market
3 days

Features & details

Heating
Forced air, In Floor Heating
Cooling
None
Basement
Partially finished, Full, Separate entrance, Suite
Flooring
Tile, Hardwood, Carpeted
Appliances
Washer, Refrigerator, Dishwasher, Wine Fridge, Range, Oven, Dryer, Window Coverings
Lot features
Closet Organizers
View
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What would this home cost you?

Based on the $4,150,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$19,309 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Sotheby's International Realty Canada, CALGARY.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.