8816 48 Avenue

About this home

Welcome to your own private waterfront retreat in the heart of Bowness. Homes with this kind of setting—and this level of potential—simply don't come up often. Nestled right on the lagoon and surrounded by mature trees, this exceptional property offers a rare opportunity to enjoy true waterfront living in one of Calgary’s most desirable locations. Plus, you have the rare opportunity to also purchase the lot directly next door. Step out onto your dock and embrace every season—whether you're canoeing and paddle-boarding across the lagoon in the summer, or lacing up your skates to glide onto the ice in the winter. Inside, the home features a smart, functional layout that maximizes its incredible surroundings. Large windows throughout flood the space with natural light and showcase beautiful views of the water and surrounding greenery, creating a peaceful escape that feels miles away from the city. The open-concept main floor balances warmth and charm, making it perfect for both quiet nights in and effortless entertaining. The spacious kitchen is a central hub, featuring a large island and ample workspace that flows seamlessly into the dining and living areas. The main floor is dedicated to comfortable daily living, featuring a generously sized primary bedroom. Downstairs, the fully developed basement completely opens up the home's functionality, offering three additional bedrooms—perfect for a family, a home office, or guests—plus plenty of extra living space. The property also includes an attached garage with mezzanine for extra storage. And then there’s the lifestyle. Bowness has its own distinct, small-town feel right in the city. Running, walking, and biking trails are just steps away from your door, and you go cross-country skiing throughout the winter. Here, you have abundant local wildlife right outside, you can walk to Bowness Park and the river pathways, and you’re just a short drive from the Calgary Farmers’ Market West, excellent local shops, and restaurants. If you’re seeking an active outdoor lifestyle, a tranquil waterfront escape, and a property with unmatched future potential, this one is absolutely worth a look. For more information, photos, and a 360 tour, click the links below!

Highlights

• Attached Garage
• Bowness
• Bungalow
• Finished Basement
• Fireplace
• Hardwood Floors
• In Floor Heating
• Large Windows
• Mature Trees
• Natural Light
• Pathway Access

What's nearby

• Bus Stop
• Cafe
• Community Association
• Dog Park
• Golf
• Park
• Playground
• Pool
• Rec Centre
• Restaurant

Property facts

Price history

Price reducedJuly 12, 2026 · 4.5%

$1,599,900−$75,100

Originally listed

$1,675,000

Location

8816 48 Avenue, Calgary, AB · T3B 2B2