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A Comparison: Bare Land Condo vs. Conventional Condo
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Ownership Structure:
- Bare Land Condo In a bare land condo, the owner holds title to both the individual unit (such as a house) and the land it sits on. However, there may still be common areas and shared amenities that are collectively owned by all the unit owners within the development
- Conventional Condo: In a conventional condo, the owner only holds title to the individual unit itself, not the land it occupies or any common areas. The land and common areas are typically owned by a homeowners' association (HOA) or condominium corporation, in which each unit owner holds a share.
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Property Type:
- Bare Land Condo: This type of condo typically involves detached or semi-detached houses, townhouses, or duplexes, where each unit owner also owns the land on which their unit is built. The common areas in a bare land condo development may include things like roads, parks, or landscaping, which are jointly maintained by the owners.
- Conventional Condo: Conventional condos usually consist of multi-unit buildings or complexes where each unit is individually owned but shares common areas and amenities such as hallways, elevators, parking lots, swimming pools, and recreational facilities. The land and common elements are collectively owned and maintained by the HOA or condominium corporation.
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Maintenance Responsibilities:
- Bare Land Condo: Unit owners in a bare land condo are typically responsible for the maintenance and upkeep of their individual units as well as the portion of the common areas assigned to them. They may have more autonomy in making decisions about the maintenance and landscaping of their property.
- Conventional Condo: Maintenance responsibilities in a conventional condo are often governed by the HOA or condominium corporation, which collects fees from unit owners to cover shared expenses such as landscaping, repairs, insurance, and amenities. Unit owners have less control over these decisions as they are typically made collectively by the HOA or condominium board.
3475 Springbank Drive SW
Calgary
T3H 5N2
$1,999,900
Residential
beds: 5
baths: 4.0
3,949 sq. ft.
built: 2006
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2214739
- Bedrooms:
- 5
- Bathrooms:
- 4
- Year Built:
- 2006
- Photos (50)
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Set on a private, west-facing ravine lot in a quiet corner of Spring Valley Estates, this exceptional custom-built home offers over 6,300 square feet of thoughtfully designed living space. Surrounded by mature landscaping and backing onto a natural creek, the property boasts tranquility, privacy, and timeless curb appeal.
The main level features an expansive master retreat, with privacy and gorgeous west backing views of the valley, offering in-floor heat and a well-maintained ensuite ready for a future personal touch. Breathtaking dramatic open curved staircase greets you upon entrance, with 18-foot beamed ceilings beyond in the great room featuring a striking floor-to-ceiling stone fireplace, and hickory hazelnut hardwood throughout. Be inspired with the chef’s kitchen boasting dual quartz islands, a Sub-Zero refrigerator, double ovens, warming drawer, and extensive custom cabinetry. The formal dining room and ravine-view family room offer elegant spaces for family and friends to gather.
A refined main floor office, an updated powder room with Swarovski crystal trim, and a spacious, bright mudroom/laundry area add both function and sophistication to complete the main floor living space.
Upstairs includes three spacious bedrooms—two with walk-in closets, a five-piece bath with double sinks, and a bright bonus room including extensive custom built-in cabinetry. Make your way downstairs and enjoy a fully developed walkout basement offering an oversized rec room with an additional fireplace, a walk-up bar, home theatre with equipment, gym, fifth bedroom, full bath, and abundant storage.
Enjoy expansive outdoor living with two large decks—an upper deck that is partially covered for year-round comfort, and a full lower deck that flows seamlessly into the professionally landscaped yard. A firepit and peaceful ravine views complete the setting, offering the ultimate in privacy and natural beauty.
A rare opportunity to own an expansive, well-appointed estate lot in one of Calgary’s most exclusive communities.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- No
- Home Style:
- 2 Storey
- Total Living Area:
- 3,949 sq. ft.
- Main Level Finished Area:
- 2,458 sq. ft.
- Upper Level Finished Area:
- 1,491 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Below Grade Finished Area:
- 2,401 sq. ft.
- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
- Signup
- Lot Area:
- 12,949 sq. ft.
- Lot Frontage:
- 66'10"
- Acres Cleared:
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- Acres Cultivated:
- Signup
- Acres Irrigated:
- Signup
- Acres Leasehold:
- Signup
- Acres Not Cultivated:
- Signup
- Acres Freehold:
- Signup
- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
- Signup
- Front Exposure:
- East
- Reg. Size:
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- Reg. Size Includes:
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- Levels:
- Two
- Total Rooms Above Grade:
- 11
- Year built:
- 2006 (Age: 19)
- Bedrooms:
- 5 (Above Grd: 4)
- Bedrooms Above Grade:
- 4
- Bedrooms Below Grade:
- 1
- Bathrooms:
- 4.0 (Full:3, Half:1)
- Plan:
- 0410042
- Heating:
- Forced Air, Natural Gas
- Basement:
- Finished, Full, Walk-Out To Grade
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Composite Siding, Stone, Stucco, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt
- Ensuite:
- Yes
- Flooring:
- Carpet, Ceramic Tile, Hardwood
- Cooling:
- Central Air
- Fireplaces:
- 3
- Fireplace Details:
- Gas
- Garage:
- 1
- Garage Spaces:
- 3
- Parking:
- Triple Garage Attached
- Parking Places:
- 3
- Parking Total/Covered:
- 3 / -
- Laundry Features:
- Laundry Room, Main Level
- Springbank Hill
- Built-In Refrigerator, Dishwasher, Double Oven, Garage Control(s), Garburator, Gas Cooktop, Microwave, Range Hood, Refrigerator, Warming Drawer, Washer/Dryer, Window Coverings
- n/a
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Living Room
- 23'10" × 14'2"
- Main Floor
- Kitchen
- 17'8" × 16'
- Main Floor
- Pantry
- 5'10" × 5'3"
- Main Floor
- Dining Room
- 15'11" × 13'8"
- Main Floor
- Den
- 12'7" × 12'
- Main Floor
- Family Room
- 27'5" × 20'1"
- Main Floor
- Laundry
- 13'5" × 11'10"
- Main Floor
- Foyer
- 11'10" × 4'10"
- Main Floor
- Bedroom - Primary
- 19'6" × 15'7"
- Upper Level
- Bonus Room
- 20'6" × 15'8"
- Upper Level
- Bedroom
- 15'8" × 11'5"
- Upper Level
- Bedroom
- 25'4" × 14'1"
- Upper Level
- Bedroom
- 17'2" × 12'11"
- Lower Level
- Family Room
- 31'11" × 30'6"
- Lower Level
- Exercise Room
- 21'9" × 13'3"
- Lower Level
- Media Room
- 15'9" × 12'8"
- Lower Level
- Bedroom
- 14'11" × 11'6"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- Yes
- 5
- 16'3" x 18'7"
- Main Floor
- No
- 2
- 5' x 6'1"
- 2nd Floor
- No
- 5
- 11'9" x 13'5"
- Lower Level
- No
- 3
- 9'5" x 11'4"
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
- Interior Features:
- Beamed Ceilings, Built-in Features, Central Vacuum, Closet Organizers, Crown Molding, High Ceilings, Jetted Tub, Kitchen Island, No Smoking Home, Open Floorplan, Pantry, Quartz Counters, See Remarks, Storage, Sump Pump(s), Tankless Hot Water, Walk-In Closet(s)
- Exterior Features:
- Balcony, BBQ gas line, Fire Pit, Private Yard
- Patio And Porch Features:
- Balcony(s), Glass Enclosed, See Remarks
- Lot Features:
- Back Yard, Backs on to Park/Green Space, Landscaped, Lawn, No Neighbours Behind, Pie Shaped Lot, See Remarks, Treed, Views
- Num. of Parcels:
- 0
- Fencing:
- Partial
- Region:
- Calgary
- Zone:
- CAL Zone W
- Zoning:
- DC
- Listed Date:
- Apr 25, 2025
- Days on Mkt:
- Signup
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Theatre Room with projector -all equipment
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FloorPlan-Main
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FloorPlan-Upper
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Listed by Lee Associates Calgary Inc
Data was last updated June 10, 2025 at 10:05 AM (UTC)
Area Statistics
- Listings on market:
- 71
- Avg list price:
- $795,000
- Min list price:
- $269,000
- Max list price:
- $3,649,000
- Avg days on market:
- 41
- Min days on market:
- 3
- Max days on market:
- 454
- Avg price per sq.ft.:
- $493.82
These statistics are generated based on the current listing's property type
and located in
Springbank Hill. Average values are
derived using median calculations.
- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Featured Listing
316042 160 Avenue West
$1,995,000
MLS®#: A2219597
Bedrooms: 4
Bathrooms: 4.0
Floor Area: 2,583.02 sq. ft.
CIR Realty