142 Emerald Bay Dr

Waterfront Estate Living in Springbank

Properties with this combination of land, water access and views are exceptionally rare. Set on a remarkable acreage backing directly onto the Bearspaw Reservoir, this custom-built walkout bungalow offers an irreplaceable setting surrounded by mature trees, beautifully established landscaping and wide-open views across the water. With private boat access, expansive outdoor living areas and a peaceful position along the reservoir, this is a property where the land and location truly set it apart.

From the moment you arrive, there is a sense of privacy and space that is difficult to replicate. The grounds have been thoughtfully developed over the years with mature trees, generous lawn areas, gardens, a greenhouse and multiple places to sit, entertain or simply enjoy the surroundings. At the back of the property, the landscape opens toward the reservoir, creating long, unobstructed water views and a direct connection to one of the area’s most distinctive natural features.

The approximately 7,200 sq. ft. residence was designed to take full advantage of this exceptional setting. Oversized windows throughout the main living spaces frame views of the reservoir and bring the outdoors into the home. The grand foyer leads toward a dramatic sunroom with soaring ceilings and an impressive outlook over the water, while the adjacent glass-enclosed breakfast nook is wrapped in solarium windows, creating the feeling of dining within the landscape itself.

Across from the breakfast nook, a dedicated dining area features an arched window and custom plantation shutters. The spacious kitchen includes granite countertops, extensive cabinetry, built-in appliances, double wall ovens and a large centre island with breakfast seating. Multiple living and gathering spaces provide plenty of room for family and guests, including a welcoming family room with fireplace.

Much of the main living space connects directly to the expansive rear deck, which extends across nearly the full width of the home. With several seating and dining areas overlooking the reservoir, it is an incredible place to spend summer afternoons, host friends, watch the changing seasons or simply enjoy the quiet of the water.

The primary retreat enjoys the same spectacular outlook, with vaulted ceilings, a sitting area, private balcony access and beautiful reservoir views. Its spa-inspired ensuite features heated floors, a soaker tub, oversized glass shower and elegant finishes. All of the bedrooms are exceptionally generous in size and each offers its own private ensuite bathroom and walk-in closet, giving family members and guests an impressive level of comfort and privacy.

The fully developed walkout level adds substantial additional living space and continues to take advantage of the home’s waterfront setting. Large windows bring in natural light and frame the reservoir views, while the layout includes a spacious recreation area, wet bar, additional living space, guest accommodations, sauna and direct access to the backyard. In-floor heating throughout the walkout level adds comfort year-round.

Outside is where this property becomes truly special. The combination of mature landscaping, open lawn, garden areas, established trees and waterfront creates a private, park-like environment rarely found this close to Calgary. Walk down toward the water, launch a boat from your own private access, enjoy an evening on the lower patio or take in the reservoir from the expansive upper deck. The property offers countless ways to enjoy the land throughout the seasons.

An oversized four-car attached garage provides exceptional space for vehicles, recreational equipment and storage, with in-floor heating adding another level of comfort and functionality.

More than anything, this is an opportunity to secure an extraordinary piece of land in Springbank. With direct access to the Bearspaw Reservoir, panoramic water views, exceptional privacy and a substantial walkout bungalow already in place, properties of this nature are exceedingly difficult to find. For someone who values land, setting and waterfront access, this is a property that simply cannot be recreated.