$ 1,550,000

8816 48 Avenue, Calgary

Welcome to your own private waterfront retreat in the heart of Bowness. Homes with this kind of setting, and this level of potential, simply don't come up often. Nestled right on the lagoon and surrounded by mature trees, this exceptional property offers a rare opportunity to enjoy true waterfront living in one of Calgary’s most desirable locations. Plus, you have the rare opportunity to also purchase the lot directly next door.Step out onto your dock and embrace every season, whether you're canoeing and paddle-boarding across the lagoon in the summer, or lacing up your skates to glide onto the ice in the winter. Inside, the home features a smart, functional layout that maximizes its incredible surroundings. Large windows throughout flood the space with natural light and showcase beautiful views of the water and surrounding greenery, creating a peaceful escape that feels miles away from the city.The open-concept main floor balances warmth and charm, making it perfect for both quiet nights in and effortless entertaining. The spacious kitchen is a central hub, featuring a large island and ample workspace that flows seamlessly into the dining and living areas. The main floor is dedicated to comfortable daily living, featuring a generously sized primary bedroom and updated bathrooms.Downstairs, the fully developed basement adds even more versatility to the home, with three additional bedrooms, generous living space, and in-floor heating throughout. Whether used for family, guests, a home office, or additional recreation space, this level offers plenty of room to spread out and make the home your own. The attached garage is another standout feature, complete with heated floors and a mezzanine providing additional storage.And then there’s the lifestyle. Bowness has its own distinct, small-town feel right in the city. Running, walking, and biking trails are just steps away from your door, and you can cross-country ski throughout the winter. Here, you have abundant local wildlife right outside, you can walk to Bowness Park and the river pathways, and you’re just a short drive from the Calgary Farmers’ Market West, excellent local shops, and restaurants.If you’re seeking an active outdoor lifestyle, a tranquil waterfront escape, and a property with unmatched future potential, this one is absolutely worth a look. For more information, photos, and a 360 tour, click the links below! (id:1945)
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Property details for 8816 48 Avenue, Calgary

Type
Residential
Style
Bungalow
Bedrooms
4
Bathrooms
3
Living Area
1,642 square feet
Lot Size
760.00
Stories
1
Basement
Finished, Full
Parking
Attached Garage, Concrete
Heating
Forced air, In Floor Heating, Natural gas
Cooling
None
Exterior
Brick, Stucco
Ownership
Freehold
Annual Taxes
$6,716 (2026)

Nearby Listings Stat

Estimated price and comparable properties near 8816 48 Avenue

Active Listings
12
Min Price
$599,900
Max Price
$1,550,000
Avg Price
$855,100
Days on Market
17
days
Sold Listings
10
Min Sold Price
$589,990
Max Sold Price
$1,250,000
Avg Sold Price
$823,389
Days until Sold
57
days

Neighbourhood Census Data

Calgary, Alberta

Population
426
Median Age
48.8
Median Income
$43,392
Dwelling Value
$425,172

Housing Tenure

Owners 72%
Renters 30%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.9
Pop. Density: 249.1/km²
Avg Shelter Cost: $1,219/mo
Owners with Mortgage: 63.3%
Owners Spending 30%+: 16.7%
Tenants Spending 30%+: 25%
English only: 92.8%
English and French: 8.4%
Median Household Income: $68,454
Median Employment Income: $45,440

Price History

Listed
September 24, 2026
by eXp Realty
Current Price
$1,550,000
-3.1% from last change
Type
Residential
For Sale
Price Changes
2
Date Price Change
Current $1,550,000 $49,900 (-3.1%)
Sep 24, 2026 $1,599,900 $75,100 (-4.5%)
Jul 7, 2026 $1,675,000 Listed

Contact Agent Get in touch about 8816 48 Avenue, Calgary

Ken Rigel
Ken Rigel
eXp Realty