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RIVERA NEW DEVELOPMENT Range Road 32 & Township Road 251A, Rural Rocky View County

$5,995,000

About this property

An exceptionally rare opportunity to acquire approximately 40 acres in Springbank with an approved redesignation and Conceptual Scheme in place for a full estate community build-out. Welcome to RIVERA. Situated in Central Springbank approximately 20 minutes to downtown Calgary, under 5 minutes to the future Costco at Bingham Crossing, and within a 15 minute radius of many of Calgary and area's most respected private and public schools, this community has been masterfully planned and carried through a multi-year entitlement process by a full professional consultant team. The approved plan creates seventeen (17) estate lots of approximately 2 acres each, sixteen (16) of which form this offering, served by a new internal municipal road and a dedicated stormwater facility. Piped potable water capacity was confirmed by the North Springbank Water Co-op in 2024, and the complete technical file is done: geotechnical, environmental, traffic, Level IV wastewater, stormwater and water supply, with no wetlands, no abandoned wells and no identified development constraints. Both existing residences are tenanted, providing holding income through final engineering and subdivision endorsement. This opportunity fits the developer stepping into an approved plan, the builder seeking a controlled lot pipeline, or the buyer group who wants to choose their neighbours and build a private enclave. Under Springbank's planning framework, very few properties will ever offer this designation with water commitments secured. One of the final Springbank acreage projects of its kind: build your legacy here. Sold en-bloc. All figures and measurements are approximate. Price excludes GST.

Essential information

MLS® number
A2335791
Status
Active
Price
$5,995,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
11 sq ft
Listing brokerage
eXp Realty
Source
Pillar 9™ MLS® System

Exterior and construction

Zoning
R-CRD / See Info Package

Community

City
Rural Rocky View County
Province
AB
Postal code
T3Z1E6

Where it is

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MLS® data last updated Nov 8, 2026, 12:50 a.m. (Mountain Time).

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