$38M Priddis-area home with 3 bedrooms to hit Alberta market
Kettle Lake Ranch is the most expensive listing known in Alberta, says Sotheby's representative
A southern Alberta home is about to go on the market for a cool $38 million.
At that price it's the most expensive property known to be listed in Alberta, says Mark Evernden of Sotheby's International Realty Canada.
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The property, located just outside of Priddis, is known as Kettle Lake Ranch and is a 15-minute drive from the edge of Calgary.
"The home is not just a home, it’s a package — it's on 240 acres of land," says Evernden.
By comparison, Calgary's most expensive home — based on the city’s estimated market property values as of July 2013 — is a $17.9-million Pumphill property.
'Country class'
"Its location — it's got country class, it’s very country rustic but, yes, it’s got a really tasteful elegance to it."
The property includes two private lakes and a number of creeks. The land was once owned by the Ford Motor Company family.
The 5,000-square-foot house itself is worth $5 million and has three bedrooms, three-and-a-half bathrooms, a wine cellar and a workout room with a sauna. It was built three years ago.
"It’s not a huge house, it’s only 5,000 square feet of living space, but it’s the finishings that have been done to the house," said Evernden.
"There's been over $1 million of mill work done to the house — all the woodwork."
There's another $3 million of property built on the site including a guest house, a barn, a "hired-hands quarters" and a working antique gas station, says Evernden.
The current family had planned to build their dream house on the land, but the husband — a Calgary entrepreneur who bought and sold companies — passed away, says Evernden.
The property is expected to be posted on MLS on Friday for $37.88 million. All photos are from Sotheby's.
The home
The land
The interior
The guest house
