531 47 Avenue SW, Elboya, Calgary

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4
Bedrooms
8
Bathrooms
4,639
Sq ft
2015
Year built
$20,880
Property tax (2026)
2
Garage
5,995
Lot sq ft
$4,088,000
$881 per sq ft (asking)
531 47 Avenue SW, Calgary T2S 1C5
Elboya
NewMLS® A2345467· New listing
CalgaryListings Insight
Welcome to 531 47 Avenue SW — a 4-bedroom home built in 2015, featuring 9 bathrooms in the community of Elboya, with 4,639 sq ft of living space above grade. Additional features include a fully finished basement, a double garage, hardwood flooring, a fireplace, 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. This one is new to market, so showing access and offer timing may matter. MLS® A2345467.

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About this property

A rare expression of design, craftsmanship and technology in Elboya, this residence was designed by Lighthouse Studios, with interiors by acclaimed designer Paul Lavoie, and built by Riverview Custom Homes. Set on a quiet street overlooking green space, with a south-facing backyard and downtown views, it offers approximately 7,386 sq. ft. of developed living space across four finished levels, including approximately 4,639 sq. ft. above grade, with six bedrooms and eight bathrooms. The main level blends grand entertaining with comfortable daily living, showcasing exquisite millwork, designer lighting and selected finishes. The formal dining room seats fourteen, while a dramatic 180-bottle wine display with accent lighting leads to the chef's kitchen. Centred around a 14-foot island, it features two Miele refrigerators, Bosch dishwashers, a 60-inch Wolf dual range with two ovens, six burners and a 24-inch griddle, plus Wolf ventilation, convection and steam appliances, a Silhouette beverage refrigerator, walk-in pantry and bright breakfast nook. The great room is anchored by a striking concrete fireplace wall with integrated seating and surround sound. Dual sliding doors open to the patio for seamless indoor-outdoor entertaining. A private den, designer powder room, mudroom with custom lockers and second powder room complete the level. Upstairs, the expansive primary retreat overlooks Elboya Park and offers exceptional millwork, separate dressing areas, a sitting area and a spa-inspired ensuite with heated floors, podium tub, dual vanities and steam shower with multiple rain heads and body wands. Three additional bedrooms include one with a private ensuite and two sharing a Jack-and-Jill bathroom. The oversized laundry room provides two stacking LG washer/dryer sets, cabinetry, counters, sink and pull-out drying racks. The third level features a family room, wet bar, private office/den, three-piece bathroom and rooftop terrace with downtown views, exterior audio, lighting and natural gas connection. The fully developed lower level adds a large recreation room and wet bar, 5.2 surround sound, professionally appointed gym with its own audio zone and television, two ensuite bedrooms and separate guest laundry. The upgraded Elan G! smart-home system controls 16 audio zones, security, cameras, CentraLite lighting, automated window coverings and irrigation, supported by a dedicated server. Central vacuum with retractable hoses is integrated throughout. A distinctive interior tunnel connects the lower level to a flex room beneath the garage and the oversized 25' x 21' heated double garage with 12-foot ceilings, designed for a vehicle lift. Outside, the gardens and grounds have been renewed, landscaped and replanted. With its architectural pedigree, Paul Lavoie interiors, exceptional entertaining spaces and advanced infrastructure, 531 47 Avenue SW is a one-of-a-kind inner-city estate that would be difficult to replicate today.
Property Taxes
$20,880/yr (2026)

Listing Information

MLS® NumberA2345467
StatusActive
List Price$4, 088, 000
Days on MarketNew listing
OccupancyOwner

Property Details

Property TypeDetached
Architectural Style3 (or more) Storey
ZoningR-C1
Above-Grade Sq Ft4, 639 sq ft
Year Built2015
Bedrooms4
Full Bathrooms8
Half Bathrooms2
Total Bathrooms9

Interior

BasementFull, Finished, Other
FlooringCarpet, Hardwood, Tile
Fireplaces1
HeatingForced Air, Natural Gas
Air ConditioningCentral Air
Central VacuumYes

Exterior & Parking

ExteriorStone, Stucco
RoofFlat Torch Membrane
FoundationPoured Concrete
Garage Spaces2
Total Parking2
Patio / DeckPatio, Rooftop Patio

Site & Lot

Lot Size5, 995 sq ft
Lot Acres0.14 acres
Lot Width50.00
Lot FeaturesBack Lane, Back Yard, Low Maintenance Landscape, Rectangular Lot, Views
Legal Description6153AC;32;3

Inclusions

Central Air Conditioner,Range Hood,Window Coverings

Room Dimensions

Main Level
2pc Bathroom4`11" × 5`8"
2pc Bathroom4`11" × 6`10"
Breakfast Nook10`0" × 9`6"
Dining Room13`0" × 18`8"
Foyer11`2" × 10`4"
Kitchen10`9" × 25`6"
Living Room23`11" × 17`6"
Mud Room6`0" × 15`3"
Office13`4" × 11`7"
Pantry10`0" × 5`8"
Second Level
Bedroom - Primary21`7" × 14`3"
Walk-In Closet11`1" × 6`11"
5pc Ensuite bath16`6" × 11`3"
Laundry9`5" × 7`7"
Bedroom11`11" × 11`7"
Bedroom12`3" × 12`5"
Bedroom12`0" × 11`1"
5pc Bathroom16`6" × 17`3"
4pc Ensuite bath8`8" × 5`0"
Basement Level
3pc Bathroom8`6" × 5`0"
4pc Ensuite bath11`11" × 5`5"
Bedroom12`1" × 12`1"
Bedroom13`10" × 13`5"
Laundry11`0" × 20`1"
Media Room18`11" × 25`5"
Exercise Room13`8" × 22`7"

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.

What did similar homes here actually sell for?

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Where this price sits in Elboya

Asking $4,088,000. That is about 90% above the $2,148,000 median sale price for detached homes in Elboya over September 2025 – August 2026, across 15 recorded sales. Those sales took 42 days on the market on average.

Aggregate MLS® statistics from our own published dataset (community medians, methodology). Medians are not adjusted for size, age or condition, and individual sold prices stay members-only under Alberta VOW rules.

Schools near this home

  • Elboya SchoolPublic (CBE) · Elementary/Junior High · 602 m · about 2 mins by carSchool website
  • Rideau Park SchoolPublic (CBE) · Elementary/Junior High · 1.0 km · about 7 mins by carSchool website
  • Earl Grey SchoolPublic (CBE) · about 6 mins by carSchool website
  • Western Canada High SchoolPublic (CBE) · about 7 mins by carSchool website
  • Central Memorial High SchoolPublic (CBE) · about 10 mins by carSchool website
  • St. Monica SchoolCatholic (CCSD) · about 7 mins by carSchool website

Distances and drive times are measured from the centre of Elboya, not from this address. Designation depends on address, grade, program and capacity and changes from year to year — check the CBE or Calgary Catholic finder before you buy.

Commute from Elboya

DestinationBy carBy transit
Downtown Calgary14 mins31 mins
University of Calgary17 mins55 mins
Foothills Medical Centre16 mins59 mins
Mount Royal University11 mins40 mins
Calgary International Airport23 mins1 hour 6 mins
Westside Recreation Centre16 mins49 mins

Off-peak estimates measured from the centre of Elboya, not from this address. Live traffic varies.

Who lives in Elboya

  • 1,835Population
  • 2.5Average household size
  • 55%Owner-occupied households
  • $94KMedian household income
  • 17%Residents aged 0–14

2021 Census of Canada, via the City of Calgary community profile — long-term neighbourhood context, not current market activity. Full Elboya census profile →

Questions about this home

How much is 531 47 Avenue SW?

531 47 Avenue SW in Elboya is listed for sale at $4,088,000. It came on the market within the last day.

How many bedrooms and bathrooms does 531 47 Avenue SW have?

531 47 Avenue SW in Elboya has 4 bedrooms and 8 bathrooms. The listing records 4,639 sq ft above grade. It is a detached house.

Is 531 47 Avenue SW priced above or below the Elboya market?

Its $4,088,000 asking price is about 90% above the $2,148,000 median sale price for detached homes in Elboya (September 2025 – August 2026, 15 sales). Medians are not adjusted for size, age or condition.

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