115 Spray Avenue, Banff

2026-10-14

115 Spray Avenue, Banff, Alberta

6 Bed 5 Bath 3049 ft² 4 Garage
For Sale Single Family
$4,150,000

MLS®#A2351634

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 PotentialThe 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. (id:32467)

Building Single Family
Rooms
Bedrooms 6
Bathrooms 5
Square Footage 3049 ft²
Built in 1964
Parking Type 4
Neighbourhood Banff

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† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 3% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

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For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

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