Diane Richardson

Office Location

703 64 Ave SE #130
Calgary, AB T2H 2C3

Cell: 403.397.3706

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SE Calgary Luxury Homes for Sale | Million Dollar Real Estate

Explore luxury homes for sale in SE Calgary from $1 million and above, including custom residences, river and lake-community homes, renovated properties, walkout bungalows and newer high-end construction across Southeast Calgary.

SE Calgary luxury homes and million dollar real estate for sale

Browse current SE Calgary luxury homes for sale, including million-dollar detached homes, custom residences, extensively renovated properties and newer high-end construction. Southeast Calgary offers several distinct luxury-home settings, from established inner-city and mature neighbourhoods to river-oriented, golf-course and lake-community properties.

Buyers may be comparing a custom home near the Bow River with a renovated residence in an established community, a walkout property close to Fish Creek Park, or a newer luxury home with a triple garage, larger family floor plan and contemporary building systems. These homes can differ significantly in land, architecture, views, outdoor space and long-term ownership requirements.

For a broader view of the city, explore Calgary real estate listings or compare Calgary million dollar and luxury homes throughout the city.

  • River & Natural Settings Selected SE Calgary luxury properties can offer proximity to the Bow River, Fish Creek Park, pathways, greenspace, ravines or other natural features.
  • Lake & Golf Communities Luxury homes can also be found in established and newer communities offering lake access, golf-course settings, larger lots and extensive outdoor living space.
  • Custom & High-End Construction Current inventory may include custom residences, renovated homes, walkout designs, premium kitchens, triple garages and advanced mechanical or smart-home systems.

Comparing SE Calgary Luxury Real Estate

Luxury value in Southeast Calgary can come from very different characteristics. An inner-city custom residence may command a premium for architecture and location, while a river-oriented or lake-community property may derive much of its appeal from the lot, views, outdoor access and surrounding amenities.

Buyers should compare construction quality, floor-plan functionality, lot size, privacy, garage configuration, basement development, renovation history and major building systems rather than focusing only on interior finishes. Features such as walkout basements, triple garages, legal suites, advanced heating systems, smart-home technology and energy-efficient construction should be assessed individually.

Where a home includes a secondary suite, additional kitchen or independently arranged living area, verify current municipal records, permits and approved use. Buyers should also independently confirm property boundaries, land-use information and other municipal requirements when redevelopment or substantial alterations are part of the purchase decision.

This page is intended to focus on luxury residential properties in Southeast Calgary priced from $1,000,000 and above. Listing availability, prices, measurements, community information, permits and property features can change, so buyers should verify current MLS® information and relevant property documentation for each home being considered.

Questions about SE Calgary luxury homes for sale?

Contact Diane Richardson at 403.397.3706, email diane@mypadcalgary.com or use the online contact form.

SE Calgary Luxury Homes for Sale

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928 120 Avenue SE
Lake Bonavista Calgary T2J 2K7

$1,294,900
Residential beds: 4 baths: 3.0 1,743 sq. ft. built: 1969

Main Photo: 928 120 Avenue SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2347878
Photo 1: 928 120 Avenue SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2347878
Photo 2: 928 120 Avenue SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2347878
Photo 3: 928 120 Avenue SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2347878
Photo 4: 928 120 Avenue SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2347878
Photo 5: 928 120 Avenue SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2347878
Photo 6: 928 120 Avenue SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2347878
Photo 7: 928 120 Avenue SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2347878
Photo 8: 928 120 Avenue SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2347878
Photo 9: 928 120 Avenue SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2347878
Photo 10: 928 120 Avenue SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2347878
Photo 11: 928 120 Avenue SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2347878
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Photo 49: 928 120 Avenue SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2347878
Photo 50: 928 120 Avenue SE in Calgary: Lake Bonavista Detached for sale : MLS®# A2347878
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2347878
Bedrooms:
4
Bathrooms:
3
Year Built:
1969
Welcome to this extensively renovated bungalow offering over 2,850 sq. ft. of beautifully finished living space in the sought-after lake community of Lake Bonavista. The bright, open-concept main floor features wide-plank engineered hardwood, smooth painted ceilings, luxury glass railings, and abundant natural light from four skylights. The stunning custom kitchen offers premium cabinetry, quartz countertops, oversized island, coffee bar, and a complete KitchenAid appliance package including a gas range and built-in microwave. Multiple living spaces include a vaulted family room with oversized electric fireplace, front sunroom, spacious living and dining areas, and two mudrooms with custom built-ins. The primary retreat features a walk-in closet and spa-inspired ensuite with freestanding tub, oversized shower with rain head and body sprays, double vanity, and skylight. A second bedroom, full bathroom, flexible third bedroom perfect for a nursery or office space, and brand-new LG laundry tower complete the main level. The fully developed basement adds incredible versatility with two additional bedrooms, a beautifully finished bathroom, flex room, expansive recreation area, wet bar with built-in bar fridge, and cozy gas fireplace—perfect for entertaining or multigenerational living. Extensive upgrades include new windows, roof, interior doors, drywall, insulation, lighting, designer fixtures, bathrooms, 5-inch baseboards, interior and exterior paint, and a fully finished oversized detached garage with new door and opener. Outside, enjoy professionally designed low-maintenance landscaping, extensive hardscaping, retaining walls, a fully fenced yard, storage shed, and new front deck. Additional features include stucco exterior, central air conditioning, newer furnace and hot water tank, and custom storage throughout. Ideally located near the private Lake Bonavista lake amenities, top-rated schools, parks, pathways, Fish Creek Provincial Park, shopping, transit, and major roadways. This turnkey luxury home offers exceptional living in one of Calgary’s most established communities.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
Bungalow
Total Living Area:
1,743.25 sq. ft.
Main Level Finished Area:
1,743.25 sq. ft.
Below Grade Finished Area:
1,202.08 sq. ft.
HOA Fee Frequency:
Annually
Acreage:
No
Lot Area:
5,618 sq. ft.
Lot Frontage:
52'
Front Exposure:
South
Levels:
One
Total Rooms Above Grade:
9
Year built:
1969 (Age: 57)
Bedrooms:
4 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms On Main:
2
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Num Ensuite Baths:
1
Plan:
6236JK
Heating:
Forced Air
Basement:
Full, Finished, None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Hardwood, Tile
Cooling:
Central Air
Fireplaces:
2
Fireplace Details:
Gas
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Detached, Oversized
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Bathroom, Main Level
HOA Fee:
$409.50
Southeast
Lake Bonavista
Beach Access, Picnic Area, Playground
Bar Fridge, Central Air Conditioner, Dishwasher, Dryer, Garage Control(s), Gas Stove, Microwave, Range Hood, Refrigerator, Washer
None.
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
13'4" × 8'
Main Floor
Dining Room
9'8" × 8'3"
Main Floor
Family Room
16'10" × 11'8"
Main Floor
Foyer
7'2" × 6'11"
Main Floor
Great Room
20'2" × 14'
Main Floor
Kitchen
15'2" × 14'9"
Main Floor
Living Room
20'1" × 7'2"
Main Floor
Office
8'11" × 6'
Main Floor
Bedroom - Primary
17'2" × 13'4"
Basement
Bedroom
13'2" × 11'7"
Basement
Bedroom
12'6" × 11'10"
Basement
Office
9'10" × 9'9"
Basement
Game Room
26'5" × 24'10"
Basement
Furnace/Utility Room
14'9" × 13'2"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
8' x 7'
Main Floor
Yes
5
10'8" x 12'2"
Basement
No
4
8'11" x 6'5"
Title to Land:
Fee Simple
Community Features:
Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Beamed Ceilings, Bookcases, Breakfast Bar, Built-in Features, Closet Organizers, Double Vanity, Kitchen Island, Open Floorplan, Quartz Counters, Recessed Lighting, Skylight(s), Soaking Tub, Walk-In Closet(s)
Exterior Features:
Private Entrance, Private Yard
Patio And Porch Features:
Deck, Patio
Lot Features:
Back Lane, Back Yard, Front Yard, Landscaped, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone S
Zoning:
R-CG
Listed Date:
Sep 24, 2026
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Listed by RE/MAX First
Data was last updated September 27, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$834,900
Min list price:
$219,990
Max list price:
$5,795,000
Avg days on market:
17
Min days on market:
2
Max days on market:
127
Avg price per sq.ft.:
$594.17
These statistics are generated based on the current listing's property type and located in Lake Bonavista. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON

Buying a Luxury Home in SE Calgary

The SE Calgary luxury real estate market is unusually diverse. Buyers can compare custom inner-city homes, Bow River and Fish Creek-area properties, lake-community residences, renovated homes in established neighbourhoods, walkout bungalows and newer large-family homes with triple garages and contemporary building systems.

That variety makes Southeast Calgary different from a single-style luxury market. A property in Inglewood may appeal because of architecture and an inner-city river setting, while Cranston's Riverstone area can offer walkout homes near the Bow River and Fish Creek Park. Mahogany and Sundance provide another experience through lake-community living, while Maple Ridge can add golf-course appeal and Legacy offers newer homes with modern layouts and substantial garage space.

The best luxury-home purchase therefore starts with deciding what kind of SE Calgary lifestyle and property you actually want, rather than simply searching for the highest level of finishes.

  • River & Park Settings SE Calgary can offer homes near the Bow River, Fish Creek Park, pathways, greenspace and natural areas, with lot position often playing a major role in value.
  • Lake & Golf Communities Mahogany, Sundance and other established or newer communities can provide lake-oriented living, while areas such as Maple Ridge offer a different golf-course setting.
  • Custom & Newer Homes Buyers may encounter custom construction, extensively renovated residences, walkout designs, luxury bungalows, triple garages and sophisticated home systems.

Luxury in SE Calgary Is More Than a Price Point

A million-dollar asking price does not automatically explain why a home commands a premium. In SE Calgary, value can come from very different combinations of location, lot, architecture, views, renovations, access to recreation, building quality and garage capacity.

When comparing SE Calgary luxury homes for sale, consider:

  • Community and specific location within the community.
  • River, park, lake, golf-course or greenspace relationship.
  • Lot width, depth, orientation and privacy.
  • Custom versus production construction.
  • Renovated established home versus newer construction.
  • Walkout, bungalow or two-storey configuration.
  • Garage capacity and storage.
  • Basement development and secondary living space.
  • Mechanical and energy-efficiency systems.
  • Long-term maintenance and ownership costs.

Inglewood: Inner-City Luxury with a Different Character

Inglewood provides one of Southeast Calgary's more distinctive high-end property settings. Luxury homes here can combine contemporary custom architecture with proximity to the Bow River, pathways and the amenities of an established inner-city community.

Current and recent high-end properties in this type of setting can include sophisticated millwork, elevators, theatres, extensive glazing, outdoor entertaining areas, smart-home systems and specialized heating systems.

The key comparison is often not simply square footage. Buyers should look closely at the architecture, lot, privacy, river relationship, garage access and how the home fits into its established surroundings.

Cranston Riverstone and Bow River-Oriented Properties

Cranston's Riverstone area offers a different form of luxury, where buyers may prioritize proximity to the Bow River, Fish Creek Park, pathways, ravines and natural landscapes.

Properties in this setting may include walkout designs, custom bungalows, substantial windows, outdoor living areas and specialized landscaping. Lot orientation can be particularly important when a home backs toward greenspace, pathways, natural terrain or water features.

For buyers attracted to the location, it is worth comparing:

  • Backing condition and privacy.
  • Walkout versus conventional basement.
  • Grade and drainage.
  • Retaining walls where present.
  • Outdoor access from the lower level.
  • Views from primary living areas.
  • Exposure to nearby pathways and public spaces.
  • Irrigation and landscaping systems.

Mahogany and Sundance: Lake-Community Luxury

Lake-community luxury offers another distinct lifestyle. Properties in communities such as Mahogany and Sundance may appeal to buyers who value recreational access, water-oriented amenities and larger outdoor living areas.

The value of a lake-community home can depend significantly on its precise position. A property with direct or particularly convenient lake access may be very different from another home in the same community.

Verify what specific lake privileges, access arrangements, homeowner or community-association obligations and fees apply to the property rather than assuming all homes have identical benefits.

Established Luxury in Maple Ridge

Established communities can offer a different proposition from newer high-end development. Maple Ridge, for example, can attract buyers interested in mature streetscapes, renovated homes and golf-course-oriented locations.

A comprehensively renovated established home can provide excellent design and modern systems while retaining mature landscaping and a location that cannot easily be recreated. The important question is how extensive the renovation actually was.

Legacy and Newer Luxury Construction

Newer Southeast Calgary communities such as Legacy can provide larger contemporary family homes, modern kitchens, multiple bedrooms, developed basements and triple-garage configurations.

For newer luxury homes, review the builder, construction quality, floor-plan functionality, available new-home warranty information and any significant upgrades made after completion.

More square footage does not automatically mean a better floor plan. Consider circulation, storage, bedroom placement, natural light, mudroom design, pantry space and how the main living areas connect to the yard.

Walkout Homes Can Change How a Property Lives

Walkout basements are particularly relevant in parts of Southeast Calgary where terrain and natural features create sloped lots. A well-designed walkout can provide substantially more natural light and a stronger connection between the lower level and outdoor space.

Lower levels may include bedrooms, recreation rooms, gyms, offices, wet bars, media rooms or independently arranged accommodation.

Buyers should also review exterior drainage, grading, retaining structures and the condition of doors and windows at the lower level.

Luxury Bungalows Offer a Different Type of Space

Luxury does not always mean a large two-storey home. Custom and extensively renovated bungalows can appeal to buyers who prefer fewer stairs, a substantial main-floor primary suite and larger entertainment spaces connected to a developed lower level.

When comparing a bungalow with a two-storey property, look beyond total finished square footage. Determine how much everyday living space is above grade and whether the lower level supports how you intend to use the home.

Triple Garages and Specialized Vehicle Space

Triple garages are an important differentiator in parts of the SE Calgary luxury market, particularly for buyers with multiple vehicles, recreational equipment or storage requirements.

Verify the actual dimensions rather than relying only on an advertised vehicle count. Consider:

  • Individual bay dimensions.
  • Door width and height.
  • Garage depth.
  • Tandem versus side-by-side configuration.
  • Heating.
  • Electrical service.
  • EV charging.
  • Floor drains.
  • Storage and workshop space.

Outdoor Living Can Be a Major Part of the Property

SE Calgary luxury properties can include substantial patios, covered decks, outdoor kitchens, pergolas, landscaped yards and spaces designed to take advantage of river, park, lake or golf-course settings.

Outdoor features should be assessed with the same care as interior improvements. Consider the quality of decking and hardscape materials, drainage, irrigation, electrical and gas connections, maintenance requirements and permits where applicable.

Renovated Homes: Look Beyond the Finishes

A beautifully renovated kitchen can make a strong first impression, but a luxury buyer should understand whether the renovation also addressed the underlying home.

Ask what work was completed on:

  • Roofing.
  • Windows and doors.
  • Heating and cooling systems.
  • Hot-water equipment.
  • Plumbing.
  • Electrical service.
  • Insulation.
  • Exterior materials.
  • Basement development.
  • Structural changes or additions.

Available permits, invoices and renovation records can help distinguish a cosmetic remodel from a comprehensive property improvement.

Advanced Heating and Mechanical Systems

Some higher-end SE Calgary homes include systems beyond a conventional furnace and hot-water tank. Buyers may encounter hydronic heating, zoned HVAC, multiple furnaces, air conditioning, high-efficiency equipment, sophisticated ventilation or integrated controls.

These systems can improve comfort, but buyers should understand their age, maintenance history, servicing requirements and future replacement costs.

Smart Homes, Networking and Technology

Luxury construction increasingly incorporates structured networking, automated lighting, security, audio, climate controls, EV infrastructure and other connected-home features.

Technology can age much faster than the house itself. Determine which equipment is included, whether the system depends on subscriptions or proprietary hardware, and whether it can be maintained or upgraded without extensive reconstruction.

Legal Suites and Multigenerational Living

Some luxury homes may include legal secondary suites or lower levels designed for extended family, guests or other household uses.

A second kitchen, private entrance or separate living space does not by itself confirm that a secondary suite is legally approved.

Suite verification: If suite status is important to your purchase, verify municipal records, permits and current approved use for the individual property. Do not rely solely on listing terminology.

River, Lake and Natural-Area Properties Need Specific Due Diligence

Properties near rivers, wetlands, slopes or natural areas can offer an exceptional setting, but the site itself deserves careful review.

Depending on the property, buyers may wish to investigate drainage, grading, retaining walls, flood-related information, insurance considerations, property boundaries, easements and restrictions affecting future improvements.

Do not assume that every nearby property is affected in the same way. These considerations are highly property-specific.

Community Fees and Amenities

Some SE Calgary communities offer lake access, resident facilities or other amenities funded through homeowner or community associations. Buyers should understand which fees apply to the property and what they provide.

Review current fee amounts, payment requirements and available association information rather than relying on older listing descriptions.

Views Should Be Evaluated Carefully

River, park, golf-course and mountain views can influence luxury-home value, but views are not always permanent. Consider adjacent land, future development possibilities, mature vegetation and the orientation of neighbouring properties.

Evaluate where the strongest views are actually experienced: kitchen, living room, primary bedroom, deck, lower level or yard.

The Cost of Luxury Ownership Extends Beyond the Mortgage

The purchase price is only one part of the decision. Larger homes, extensive landscaping and specialized systems can create significantly different annual costs.

  • Property taxes.
  • Home insurance.
  • Heating and electricity.
  • Water and irrigation.
  • Landscaping and snow removal.
  • Lake or community-association fees where applicable.
  • Roof and exterior maintenance.
  • Specialized HVAC servicing.
  • Outdoor living features.
  • Smart-home and security systems.
  • Future replacement of premium finishes and equipment.

Two SE Calgary homes with similar asking prices can have very different long-term ownership costs.

Professional Property Inspections Still Matter

A luxury purchase does not remove the need for careful inspection. Larger custom homes may actually involve more components to evaluate.

Depending on the home, buyers may consider additional specialist review of roofing, sewer lines, fireplaces, electrical systems, HVAC equipment, drainage, structural components, specialized mechanical systems or other major property features.

For SE Calgary Luxury Buyers

Start by identifying the setting that matters most: river and park access, lake-community living, golf-course location, established neighbourhood or newer construction. Then compare lot characteristics, architecture, garage capacity, walkout design, renovations, building systems and total ownership costs.

For SE Calgary Luxury Sellers

High-end properties should be marketed around their specific advantages. Document custom construction, major renovations, views, lot position, lake or recreational access, garage features, mechanical upgrades, smart-home systems, suite status and available permits so buyers can understand what makes the home distinctive.

Selling a Luxury Home in SE Calgary

A river-oriented custom residence in Inglewood, a walkout home in Cranston, a lake-community property in Mahogany or Sundance, a renovated home in Maple Ridge and a newer triple-garage property in Legacy should not all be presented with the same generic luxury language.

The most effective marketing explains why the individual property commands a premium. Location, lot, architecture, renovation quality, views, outdoor space, garage capacity and specialized building systems provide buyers with much more useful information than repeated descriptions such as “exclusive,” “prestigious” or “opulent.”

Before listing, assemble available information about renovations, permits, roof and window replacements, mechanical systems, plumbing, electrical work, basement development, secondary suites, warranties and specialized equipment. Accurate property information becomes increasingly valuable as homes become more complex.

Questions about SE Calgary luxury homes for sale?

Contact Diane Richardson at 403.397.3706, email diane@mypadcalgary.com or use the online contact form.

Contact Diane Richardson About SE Calgary Luxury Homes

Ask about a SE Calgary luxury home or million-dollar property, request a showing, refine your search criteria or discuss selling a higher-value home in Southeast Calgary.

Luxury properties in Southeast Calgary can vary considerably by setting and property type. Buyers may be comparing an inner-city custom home, a river-oriented property near the Bow River, a walkout residence close to Fish Creek Park, a lake-community home, a renovated property in an established neighbourhood or newer construction with a triple garage and contemporary building systems.

Contact Form

Use the online contact form to send your property questions, search criteria or showing request.

Phone or Text

Call or text Diane Richardson at 403.397.3706 to discuss current SE Calgary luxury and million-dollar homes.

Email

Email diane@mypadcalgary.com with an MLS® number, address, listing link or the features you are looking for.

What to Include in Your SE Calgary Luxury Home Search

Start with the location and lifestyle that matter most. This could include an established inner-city setting, Bow River or Fish Creek proximity, lake-community living, a golf-course location or newer Southeast Calgary construction.

Useful property criteria can include detached or attached housing, bungalow or two-storey layout, number of bedrooms, home-office requirements, lot size, walkout basement, legal suite, triple garage, outdoor entertaining space, views, lake access or proximity to pathways and natural areas.

For custom, renovated or older luxury homes, buyers may also want information about roofing, windows, heating and cooling systems, hot-water equipment, plumbing, electrical upgrades, drainage, basement development and previous structural work. Available permits, warranties and renovation records can help clarify what improvements were completed.

Higher-end homes may include hydronic heating, zoned HVAC, smart-home systems, structured networking, EV charging, irrigation, specialized lighting or other equipment. These features should be reviewed for age, maintenance requirements, ownership status and available warranty information where applicable.

Where a property includes a secondary suite, second kitchen or separately arranged living space, verify current municipal records, permits and approved use. For river, wetland, slope or natural-area properties, buyers may also wish to investigate drainage, grading, insurance considerations, easements and other property-specific conditions.

If lake access, community facilities or resident amenities are important, confirm the specific rights, fees and association obligations attached to the property rather than assuming they are identical throughout the community.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.