Edmonton Riverside Home: $3.3M Log Cabin Estate

Riverfront Estate in edmonton listed for $3.3 Million Features Bonus Log Cabin

A luxurious estate offering over 5,000 square feet of living space and a charming secondary cabin is currently on the market in Edmonton for $3,298,000. Located at 116 Windermere Dr. NW, the property presents a unique opportunity for discerning buyers seeking privacy, upscale amenities, and potential for additional income.

A Year on the market for Upscale Edmonton Property

The residence has been available for approximately one year, according too listing information. Built in 1983, the home has undergone $750,000 in recent renovations, enhancing its appeal to those seeking luxury living. While the upgrades are extensive, one detail – the LED lighting – has drawn a mixed reaction, with one source noting, “we coudl take or leave the LED lighting.”

Did you know? – Edmonton’s real estate market has seen important price increases in recent years,especially for high-end properties. The average residential price in the Edmonton area is around $450,000.

Estate Details: Space, Views, and Amenities

The brick-constructed home is secured behind a gated entry, offering a sense of seclusion. Inside, the estate boasts four bedrooms, each with its own ensuite bathroom, and expansive views of the North Saskatchewan River valley.Large windows throughout the home maximize natural light.

Additional features include:

• An all-glass wine room, ideal for showcasing a collection.
• Multiple brick fireplaces, creating a warm and inviting atmosphere.
• A built-in outdoor kitchen with a covered space, perfect for entertaining.
• A heated four-car garage with upper living quarters.

The property sits on a beautifully landscaped 1.3-acre lot, providing ample privacy and space. Its location is also conveniently close to the River ridge Golf and Country Club.

Pro tip: – When considering a luxury property, factor in ongoing maintenance costs. Landscaping, pool upkeep, and property taxes can substantially impact the overall expense.

The Allure of the Log Cabin

Perhaps the most intriguing aspect of this estate is the presence of a charming log cabin on the property. Observers suggest the cabin could be transformed into a lucrative Airbnb or similar rental venture, offering a passive income stream. “Imagine how peaceful it would be out there!” one source commented, highlighting the cabin’s potential for tranquility and escape.

This estate represents a significant investment, but one with considerable potential for both luxurious living and financial return. The combination of the main residence’s upscale features and the unique opportunity presented by the log cabin make this property a standout offering in the Edmonton real estate market.

Reader question: – What features would you prioritize in a luxury estate like this? Share your thoughts on what makes a property truly exceptional.

Why, Who, What, and how did it end?

Why: The property was listed for sale to capitalize on the demand for luxury real estate in Edmonton and offer a unique investment opportunity with the potential for rental income from the log cabin.

Who: The seller is currently unknown. The listing is being handled by real estate professionals, though their names are not specified in the provided text. The potential buyer is a discerning individual or family seeking a high-end property with privacy and potential for financial return.

What: A 5,000+ square foot luxury estate located at 116 Windermere Dr. NW, Edmonton, Alberta, is for sale for $3,298,000. The property includes a main residence with four bedrooms, upscale amenities, and a separate log cabin.

How did it end? The article does not state that the property has been sold.It remains on the market as of the time of writing, having