116 Panatella Rise NW
Calgary, AB, T3K0W8
$1,249,900
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!
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!
Current real estate data for Single Family in Calgary as of Jul 17, 2026
3,621
Single Family Listed
42
Avg DOM
488
Avg $ / SqFt
$857,411
Avg List Price
Property Details
Price:
$1,249,900
MLS #:
A2330014
Status:
Active
Beds:
3
Baths:
4
Type:
Single Family
Subtype:
Detached
Subdivision:
Panorama Hills
Listed Date:
Jul 16, 2026
Finished Sq Ft:
2,389
Lot Size:
5,102 sqft / 0.12 acres (approx)
Year Built:
2012
Schools
Interior
Appliances
Built- In Oven, Dishwasher, Dryer, Garage Control(s), Gas Range, Microwave, Refrigerator, Washer, Window Coverings, Wine Refrigerator
Basement
Full
Bathrooms Full
3
Bathrooms Half
1
Laundry Features
Main Level, Sink
Exterior
Exterior Features
Balcony, BBQ gas line
Lot Features
Backs on to Park/Green Space, Landscaped, No Neighbours Behind, Standard Shaped Lot
Parking Features
Double Garage Attached
Parking Total
4
Patio And Porch Features
Deck, Patio
Roof
Asphalt Shingle
Financial
Map
Contact Us
Mortgage Calculator
Community
- Address116 Panatella Rise NW Calgary AB
- SubdivisionPanorama Hills
- CityCalgary
- CountyCalgary
- Zip CodeT3K0W8
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Property Summary
- Located in the Panorama Hills subdivision, 116 Panatella Rise NW Calgary AB is a Single Family for sale in Calgary, AB, T3K0W8. It is listed for $1,249,900 and features 3 beds, 4 baths, and has approximately 2,389 square feet of living space, and was originally constructed in 2012. The current price per square foot is $523. The average price per square foot for Single Family listings in Calgary is $488. The average listing price for Single Family in Calgary is $857,411. To schedule a showing of MLS#a2330014 at 116 Panatella Rise NW in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.
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