Property Details
501, 5002 55th Street
Red Deer (A2330717)
Description
A rare offering of uncompromising luxury, this extraordinary signature penthouse residence at Elements at the River is one of Red Deer’s most prestigious homes. Perfectly positioned along the banks of the Red Deer River, this remarkable residence blends timeless elegance with contemporary sophistication, creating an unparalleled lifestyle reserved for the discerning buyer.
Encompassing over 5,300 sq. ft. of impeccably designed living space, the residence is framed by dramatic floor-to-ceiling windows that capture sweeping views of the Red Deer River, panoramic city views, and the surrounding landscape. Every detail has been thoughtfully curated, offering an exceptional balance of luxury, comfort, and architectural beauty. Featuring three spacious bedrooms, three bathrooms, a private office, and four private balconies, this home is truly without comparison in Central Alberta.
Designed with entertaining in mind, the spectacular chef’s kitchen is the centrepiece of the home, showcasing custom walnut cabinetry, dual quartz islands for preparation and gathering, premium Wolf appliances, a Sub-Zero refrigerator, and a walk-in pantry. A formal dining room, casual dining area, and an impressive entertaining bar complete with wine refrigerators, dishwasher, cappuccino maker, and a private wine room, creating an unforgettable setting for hosting family and guests.
The grand open-concept living room is anchored by a striking floor-to-ceiling fireplace, creating a warm yet sophisticated setting for everyday living and entertaining. Floor-to-ceiling windows frame breathtaking views of the Red Deer River, panoramic city views, and the surrounding landscape, while four private balconies provide exceptional outdoor living spaces to enjoy the ever-changing scenery.
The primary suite is a luxurious private retreat, featuring a spacious sitting area, private terrace, double-sided fireplace, and an exquisite spa-inspired ensuite with a freestanding soaker tub, fully tiled walk-in shower, and dual vanities. Designed as a true sanctuary, it offers complete privacy, comfort, and sophistication.
Residents enjoy exclusive access to a private fitness centre within this boutique, adult-only building. With only 10 residential suites in the five-storey tower, Elements at the River offers exceptional privacy, security, and prestige. Four heated, secure underground parking stalls and two private storage units complete this exceptional package.
More than a residence, this is a legacy property—an exceptional expression of luxury, craftsmanship, and refined living, offering an unparalleled opportunity to own one of Red Deer’s most iconic penthouse homes.
Property details
- MLS® #
- A2330717
- Property Type:
- Residential
- Subtype:
- Apartment
- Subdivision:
- Railyards
- Price
- $1,595,000
- Sale/Lease:
- For Sale
- Size:
- 5,209 sq.ft.
- Bedrooms:
- 3
- Bathrooms:
- 2 full / 1 half
- Year Built:
- 2013 (13 years old)
- Structure Type:
- High Rise (5+ stories)
- Building Style:
- Apartment-Penthouse
- Garage:
- Yes
- Parking:
- Enclosed, Gated, Heated Garage, Insulated, Off Street, Owned, Parkade, Underground
- Fence:
- Basement:
- No
- Features:
- Built-in Features, Closet Organizers, Double Vanity, Elevator, Granite Counters, High Ceilings, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Recreation Facilities, Soaking Tub, Storage, Walk-In Closet(s), Wet Bar
- Fireplaces:
- 2
- Inclusions:
- Sub Zero Fridge, Built in Microwave, Induction Cooktop, Gas Range, Wall Ovens x 2, Built in Dishwasher x 3, Bar Fridge, Wine Fridge, TV's x 4, Cappuccino Maker, Baby Grand Piano, Garage Door Remote x 3, Building Security Access x 3
- Appliances:
- See Remarks
- Laundry:
- In Unit, Laundry Room
- Exterior Features:
- Balcony, Lighting, Private Entrance
- Patio/Porch Features:
- Balcony(s)
- Nearby Amenities:
- Park, Schools Nearby, Shopping Nearby, Walking/Bike Paths
- Condo Type:
- Conventional Condo
- Condo Amenities:
- Elevator(s), Fitness Center, Secured Parking, Storage
- Condo Fee:
- $2,205
- Condo Fee Includes:
- Amenities of HOA/Condo, Common Area Maintenance, Electricity, Gas, Heat, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
- Pets Allowed:
- Yes
- Lot Features:
- Low Maintenance Landscape, Views
- Zoning:
- DC (3)
- Roof:
- Other
- Exterior:
- Concrete,Metal Frame,Other,Stone
- Floors:
- Hardwood, Tile
- Heating:
- In Floor, Natural Gas
- Cooling:
- Central Air
- Amenities:
- Park, Schools Nearby, Shopping Nearby, Walking/Bike Paths
- Possession:
- 60 Days / Neg
- Days on Market:
- 55
Basic Info
Building Info
Neighborhood Info
Condo/Association Info
Lot / Land Info
Materials & Systems
Listing Info
Contact
Find Us
Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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