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288139 658 Avenue W, Rural Foothills County

$2,950,000

About this property

A rare opportunity to purchase an established boutique accommodation business along with land, buildings, guest accommodations, furnishings and operational assets that make it all work. Sitting on 6.65+2.4(9.05) acres with direct Highwood River frontage and incredible Rocky Mountain views, this property is already operating as a destination retreat with plenty of room to grow. The current operation includes 3 private guest cabins along with 5 guest suites in the main lodge. The cabins are beautifully finished with warm wood interiors, private bathrooms, kitchen facilities, comfortable living spaces and wood burning stoves. They have the feel you want when escaping to the Foothills, with the river, mature trees and mountains right outside your door. The approximately 4972 sq/ft AG main lodge is the heart of the property. It offers additional guest accommodations, common areas, dining and gathering spaces, kitchen facilities and separate living quarters for an owner or onsite operator. Upstairs, the lounge with its copper topped bar and rustic wood finishes is a natural gathering spot. The dining area has its own character with stone walls and a wood burning fireplace that gives the space a warm, authentic lodge feel. There is also plenty of opportunity within the main lodge itself. The private portion could remain as living quarters for someone who wants to live onsite and run the business, or it could be reworked to create additional guest suites, expanded retreat space or dedicated areas for meetings and private events. Outside is really where you understand what makes this business different. Guests aren't just booking a room here. They are coming for the experience. You have direct access to the Highwood River, Rocky Mountain views, private cabins, decks, outdoor gathering spaces, an outdoor bar, gardens and camping areas toward the back of the property. There are plenty of different ways for guests to stay, gather and enjoy the property. The location is another big part of the draw. You are only about 10 minutes from the gates of Kananaskis, giving guests easy access to everything the area has to offer while coming back to their own private retreat along the river. The property is being offered as a turnkey opportunity, with furnishings, bedding and many of the tools, equipment and operational assets needed to keep the business running included or negotiable as part of an agreed inventory. The next owner can step into an established operation from day one and still have plenty of opportunity to take it further. There are a lot of directions this business could go. Continue with nightly accommodations, grow the retreat side, pursue more corporate and wellness groups, host private events, expand the guest accommodations or make more use of the camping areas. This is much more than an acreage with a few cabins. It is an established hospitality business sitting on a piece of Foothills real estate that would be very difficult to recreate.

Essential information

MLS® number
A2346953
Status
Active
Price
$2,950,000
Property type
Commercial
Type
Business
Transaction
For Sale
Restrictions
Utility Right Of Way
Building area
6,624 sq ft
Lot size
289,674 sq ft
Year built
1996
Structure
Other
Listing brokerage
CIR Realty
Source
Pillar 9™ MLS® System

Interior

Heating
Baseboard, In Floor, Fireplace(s), Forced Air, Natural Gas, Wood Stove
Cooling
Central Air

Exterior and construction

Roof
Asphalt Shingle
Foundation
Poured Concrete
Zoning
DC35

Community

City
Rural Foothills County
Province
AB
Postal code
T0L 1H0

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Business valuation calculator

SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

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The deal

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

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