CalgaryListings Insight Located in the community of Panorama Hills, 116 Panatella Rise NW is a 1-bedroom home with 4.5 bathrooms, built in 2012, offering 2,389 sq ft of living space above grade. Additional features include a finished walkout basement, a double garage, hardwood flooring, 2 fireplaces, and air conditioning. Before writing, ask about recent comparable sales, inspection items, permits, basement development, and long-term resale fit. If rental income is part of the plan, verify suite legality, permits, insurance, lender treatment, and current lease details before removing conditions. MLS® A2330014.
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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 Taxes
$7,514/yr (2026)
Listing Information
MLS® NumberA2330014
StatusActive
List Price$1, 249, 900
Days on Market44 days
OccupancyOwner
Property Details
Property TypeDetached
Architectural Style1 and Half Storey
ZoningR-G
Above-Grade Sq Ft2, 389 sq ft
Year Built2012
Bedrooms1
Full Bathrooms4
Half Bathrooms1
Total Bathrooms4.5
Interior
BasementFull, Finished, Walk Out
FlooringCarpet, Hardwood, Tile
Fireplaces2
HeatingIn Floor, Forced Air, Natural Gas
Air ConditioningCentral Air
Central VacuumYes
Exterior & Parking
ExteriorStucco, Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Garage Spaces2
Total Parking4
Patio / DeckDeck, Patio
Site & Lot
Lot Size5, 102 sq ft
Lot Acres0.12 acres
Lot Width45.93
Lot FeaturesBacks on to Park/Green Space, Landscaped, No Neighbours Behind, Standard Shaped Lot
Legal Description1112763;60;100
Inclusions
Built-In Oven,Central Air Conditioner,Dishwasher,Dryer,Garage Control(s),Garburator,Gas Range,Microwave,Refrigerator,Washer,Window Coverings,Wine Refrigerator
Room Dimensions
Main Level
Kitchen22`0" × 12`10"
Breakfast Nook9`0" × 8`4"
Living Room14`6" × 11`10"
Dining Room19`6" × 11`6"
2pc Bathroom1`1" × 1`1"
Office9`2" × 6`6"
Upper Level
Bedroom - Primary16`10" × 11`6"
5pc Ensuite bath1`0" × 1`0"
Basement Level
4pc Ensuite bath1`1" × 1`1"
4pc Bathroom1`1" × 1`1"
Bedroom12`2" × 10`0"
Bedroom11`10" × 10`8"
Family Room12`10" × 10`10"
Property History
No previous MLS® listings on record for this property — this appears to be its first time offered. Want to know how often homes nearby change hands? Ask our team.
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