Lakeview Luxury Homes for Sale Over $1 Million

If you’re looking for timeless elegance, a peaceful setting, and one of Calgary’s most desirable westside addresses, Lakeview luxury homes over $1 million deliver an exceptional lifestyle. Tucked beside Glenmore Reservoir and North Glenmore Park, these homes offer more than just square footage — they offer prestige, privacy, and proximity to nature and top amenities. Whether you’re searching for a beautifully renovated estate, a custom-built infill, or a rare opportunity to live in Lakeview Village, you’ll find luxurious options that feel refined, yet comfortably livable.

Lakeview Luxury Rea Estate Statistics

Average Price $2.2M
Lowest Price $1.1M
Highest Price $4.7M
Total Listings 5
Avg. Days On Market 46
Avg. Price/SQFT $855

Property Types (active listings)

Search All Lakeview Luxury Homes For Sale


Why Buyers Love Lakeview Luxury Homes

  • Prestigious Location – Tucked along Glenmore Reservoir with access to North Glenmore Park, Elbow River pathways, and nearby golf courses.
  • Architectural Diversity – From stunning mid-century estates to sophisticated modern infills, each home is distinct and thoughtfully designed.
  • Expansive Lots – Large west-facing yards, mature trees, and privacy that’s hard to find this close to downtown Calgary.
  • Elite Convenience – Moments from Rockyview Hospital, Mount Royal University, and quick access to Glenmore Trail and Crowchild Trail.

What Defines a Luxury Home in Lakeview?

In Lakeview, luxury isn’t just about price. It’s about space, serenity, and sophistication. Many of the homes over $1 million feature chef-inspired kitchens, spa-like ensuites, extensive renovations or full custom builds, and seamless indoor-outdoor living. It’s common to find triple-car garages, designer landscaping, and smart home integrations. For buyers who appreciate craftsmanship and community, Lakeview offers the perfect blend of both.

Your Lakeview Luxury Real Estate Expert

At the Marnie Campbell Real Estate Team, we’ve helped many clients buy and sell luxury homes in Lakeview and across Calgary’s westside. We know the value of a quiet street, the benefit of lot orientation, and the importance of future resale potential. From private showings to tailored advice, our team offers a luxury experience at every step — so you can buy with confidence and clarity.

Find a Realtor in Calgary to buy a home. Contact Marnie Real Estate Team.

The Marnie Campbell Real Estate Team can help you make better real estate decisions, so you have no regrets buying a home.

Lakeview Luxury Homes Over $1 Million – Buyer FAQs

What qualifies as a luxury home in Lakeview?

In Lakeview, luxury homes typically start at $1 million and above. These properties often include full-scale renovations or custom new builds with upscale finishes, triple-car garages, large landscaped lots, and prime locations near North Glenmore Park or the Weaselhead Natural Area.

Are most luxury homes in Lakeview newly built or renovated?

You’ll find a blend of both. Many Lakeview luxury homes are modern infills or extensively renovated mid-century homes. Buyers love the architectural charm of original homes combined with open-concept interiors, chef’s kitchens, and luxury ensuites that meet today’s expectations.

What’s the average price of luxury homes in Lakeview?

As of Q1 2025, luxury homes in Lakeview typically sell between $1.1 million and $2.3 million, depending on location, lot size, and level of customization. Premium properties that back onto North Glenmore Park or sit on oversized lots in Lakeview Village can sell well above that.

Source: Pillar 9, CREB® Q1 2025 Report

Is Lakeview a good alternative to Mount Royal or Elbow Park?

Yes — Lakeview offers larger lot sizes, quiet tree-lined streets, and direct access to Glenmore Reservoir recreation, often at a lower price point than Calgary’s inner-city luxury communities. It’s an excellent option for buyers who want privacy, green space, and value in one of the city’s most respected neighbourhoods.

How does location impact luxury pricing in Lakeview?

Homes closest to North Glenmore Park, Weaselhead Flats, and Lakeview Village tend to command the highest prices due to their views, tranquility, and lot sizes. Streets with newer infill development and high-end renovations also show strong appreciation trends.

Can I build a custom luxury home in Lakeview?

Yes — Lakeview is a popular neighbourhood for custom home builders. Many older bungalows are being replaced by custom infill homes with luxury features. If you’re looking to design your dream home, we’ll help you find the right lot and connect you with trusted builders familiar with Lakeview’s zoning and character guidelines.

Are there luxury homes in Lakeview with views or backing onto green space?

Yes — many of Lakeview’s luxury properties back onto North Glenmore Park, green belts, or quiet crescents. These homes often feature mature landscaping, elevated decks, and stunning sunset views over the reservoir or tree canopy.

Is Lakeview a good neighbourhood for luxury downsizing?

Absolutely. If you’re ready to downsize but don’t want to compromise on quality or location, Lakeview offers luxury bungalows and villa-style homes that provide single-level living, low maintenance, and proximity to nature. It's a perfect fit for professionals and empty nesters alike.

How does Lakeview compare to other SW Calgary luxury areas?

Lakeview offers a more peaceful, nature-focused lifestyle compared to the bustle of Marda Loop or the prestige pricing of Elbow Park. Buyers value walkable access to the reservoir, lower density, and consistent long-term growth.

How do I find off-market or upcoming luxury listings in Lakeview?

Our team regularly tracks upcoming infills, builder lots, and quiet listings that aren’t publicly advertised. Schedule a call with us to get early access to exclusive Lakeview luxury home opportunities before they hit the market.

Is a Lakeview Luxury Home the Right Home for You?

Pros of Buying in Lakeview Luxury Market (Over $1M)

  • Prestigious Lakeview Village Location – This exclusive pocket offers large estate lots, mature trees, and a quiet elegance that’s rare in Calgary’s southwest.
  • Backs Onto Natural Beauty – Homes in the luxury tier often border North Glenmore Park or enjoy sweeping views of the Glenmore Reservoir and Weaselhead Flats.
  • Architectural Interest – From beautifully renovated mid-century homes to custom-built luxury infills, there’s a growing variety of high-end design choices in Lakeview.
  • Excellent Long-Term Investment – With limited inventory and a highly desirable location, million-dollar homes in Lakeview continue to see strong demand and price stability.
  • Top Calgary Schools Nearby – Proximity to Connect Charter School, Bishop Pinkham, and top French immersion options make this area attractive for families seeking premium education.
  • Private and Peaceful – The feel of Lakeview, especially in Lakeview Village, is quiet and secluded—with wide streets, large setbacks, and a genuine sense of community.

Cons of Buying in Lakeview Luxury Market

  • High Entry Point – Most luxury homes start well above $1 million, especially in Lakeview Village, which may stretch the budget for some buyers looking to upsize.
  • Ongoing Redevelopment – Many original homes are being torn down for new builds, which can temporarily impact streetscape consistency and construction noise.
  • Limited Commercial Core – Lakeview has few walkable shops or restaurants. Residents often drive to nearby hubs like Marda Loop, Glenmore Landing, or Westhills.
  • Not a True Lake Access Neighbourhood – Despite backing the Glenmore Reservoir, Lakeview does not offer private lake privileges like Mahogany or Lake Bonavista.
  • Pockets of Premium Pricing – Home values vary widely. Proximity to the reservoir or Lakeview Village can dramatically increase price, while other pockets remain more modest.

Relocating and Looking for a West Calgary Luxury Home?

Many of our luxury buyers are moving to Calgary from Vancouver, Toronto, or abroad — and Lakeview is often a top choice for its location, lot size, and natural beauty. If you’re relocating, we’ll help you compare communities like Aspen Woods, Pump Hill, and Lakeview Village, so you can make a confident and informed decision.

Start with our Calgary Relocation Guide or book a private consultation to explore luxury homes that align with your lifestyle and long-term goals.

Marnie Campbell Calgary REALTOR®
About the Author: Marnie Campbell
Marnie is a trusted Calgary REALTOR® with 18+ years of experience, over 800 real estate transactions, and 150+ five-star reviews. She leads a team dedicated to helping clients make confident, no-regret real estate decisions.

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MLS listings provided by Pillar 9™. Information Deemed Reliable But Not Guaranteed. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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