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115 Spray Avenue, Banff, Alberta T1L 1H1

Banff, Alberta T1L 1H1

$4,150,000

8

Bedrooms

5.5

Bathrooms

3,049

Sq Ft

1964

Year Built

About This Property

Mid-century modern architecture meets contemporary mountain living, framed by the extraordinary landscape of Banff National Park. Set on an expansive 15,521-square-foot lot in the heart of Banff, 115 Spray Avenue combines the clean lines of mid-century modern architecture with warm, thoughtfully updated interiors. Offering over 4,800 square feet of living space, panoramic mountain views and an exceptional connection to the outdoors, this distinctive residence captures the essence of refined alpine living. From the street, the home's modernist silhouette makes a striking statement. Inside, contemporary sophistication meets the inviting character of a mountain retreat, creating spaces equally suited to quiet mornings, family gatherings and entertaining. The main level centres around a welcoming living room and spacious dining area. A luxurious kitchen anchors the home, complemented by a generous pantry and practical mudroom designed for an active mountain lifestyle. The primary suite offers a private sanctuary with a spa-inspired ensuite and walk-in closet, bringing comfort and convenience to everyday living. Above, five additional bedrooms offer flexibility for family and guests. The defining feature is an expansive balcony capturing breathtaking 360-degree views of Mount Rundle, Cascade Mountain, Sulphur Mountain and Mount Norquay. The surrounding peaks create an ever-changing panorama, connecting the architecture to its remarkable natural setting. The lower level provides additional versatility with an existing non-conforming, illegal two-bedroom suite, along with dedicated laundry facilities and substantial storage. Outdoors, the gently sloping lot elevates the home's position and enhances its mountain views. A fenced rear garden creates a private oasis, complete with hot tub and fire pit for evenings beneath the stars and après-ski gatherings. Beyond the property, Banff offers an extraordinary lifestyle. Morning walks along the Bow River, afternoons skiing, hiking or cycling, and evenings enjoying the town's restaurants and cultural offerings become part of everyday life. Here, the distinction between a mountain holiday and home begins to disappear. An Exceptional Landholding with Future Development Potential The property's substantial 15,521-square-foot lot carries RSA: Spray Avenue District zoning, established to accommodate the eventual redevelopment of single-detached properties into medium-density residential housing. This designation offers compelling long-term possibilities, with triplex, fourplex and multiplex housing identified as permitted uses, while apartment housing and other residential configurations may be considered as discretionary uses, subject to applicable regulations and approvals. In a community where developable land is exceptionally limited, this property presents a rare combination of immediate residential enjoyment and future redevelopment potential.

Essential Information

MLS®#A2351634
Price$4,150,000
Bedrooms8
Full Baths4
Half Baths1
Square Footage3,049
Lot SQFT0.36
Year Built1964
Typesingle family
Sub-TypeDetached
Style3 (or more) Storey
Statusactive

Parking

ParkingDrive Through, Driveway-Circular, Off Street, Unassigned

Exterior

Exterior FeaturesBalcony, Private Yard
Lot DescriptionLawn, Private, Rectangular Lot, Sloped, Views
RoofAsphalt Shingle
FoundationPoured Concrete
Front ExposureNE

Community Information

Address115 Spray Avenue, Banff, Alberta T1L 1H1
CityBanff
ProvinceAlberta
Postal CodeT1L 1H1

Interior

HeatingIn Floor, Forced Air
CoolingNone
BasementFull
FireplaceYes
# of Fireplaces2
Fireplace TypeBrick Facing, Living Room, Mantle, Other, Raised Hearth, Wood Burning
FlooringCarpet, Hardwood, Tile
Interior FeaturesBeamed Ceilings, Closet Organizers, Double Vanity, Jetted Tub, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Soaking Tub, Walk-In Closet(s)
LaundryLaundry Room, Lower Level

Construction & Details

ConstructionWood Frame
ZoningRSA

Inclusions

Appliances

DishwasherDryerOven-Built-InRangeRefrigeratorWasherWindow CoveringsWine Refrigerator

Listing Details

Listing OfficeSotheby's International Realty Canada
Data SourcePillar 9

Location

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MLS® Number: A2351634

Listing Brokerage: Sotheby's International Realty Canada

Data is deemed reliable but is not guaranteed accurate by Pillar 9™.

Interested in this property?

CE

Conor Elder

LPT Realty

Monthly Payment Estimate

~$17,292/mo

Based on 20% down, 5.5% interest rate, 25-year amortization