PINNACLE RIDGE PLACE
A $12 million Tuscan-inspired home for sale in Calgary adds fuel to a recent Statistics Canada report that says the city is leading the country in rising house prices.
The agency says Calgary was the top contributor to the national advance in new housing price index for the third consecutive month, as prices for new homes rose 0.5 per cent in April.
"Builders reported that higher material and labour costs as well as market conditions were the main reasons for higher prices," Statistics Canada said.
The 16,000 square feet property, located in Pinnacle Ridge, has seven bedrooms, eight bathrooms and a 25-metre pool.
The home took three years to design and build and also has a large home theatre, wine cellar and a 1,000 square foot gym.
Check out some photos of the $12 million house:
$12 Million Calgary House For Sale (PHOTOS)
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Rural Rockyview County, Alberta: $2,030,000(07 of46)
Just over two acres, this home has mountain views, sunny verandas, five bedrooms and an outdoor sport court. (credit:Realtor.ca)
Rural Rockyview County, Alberta: $2,030,000(08 of46)
Just over two acres, this home has mountain views, sunny verandas, five bedrooms and an outdoor sport court. (credit:Realtor.ca)
Rural Rockyview County, Alberta: $2,030,000(09 of46)
Just over two acres, this home has mountain views, sunny verandas, five bedrooms and an outdoor sport court. (credit:Realtor.ca)
Rural Rockyview County, Alberta: $2,030,000(10 of46)
Just over two acres, this home has mountain views, sunny verandas, five bedrooms and an outdoor sport court. (credit:Realtor.ca)
Rural Rockyview County, Alberta: $2,050,000(11 of46)
This home situated on just over four acres has three bedrooms, a library, gym and wine cellar. (credit:Realtor.ca)
Rural Rockyview County, Alberta: $2,050,000(12 of46)
This home situated on just over four acres has three bedrooms, a library, gym and wine cellar. (credit:Realtor.ca)
Rural Rockyview County, Alberta: $2,050,000(13 of46)
This home situated on just over four acres has three bedrooms, a library, gym and wine cellar. (credit:Realtor.ca)
Rural Rockyview County, Alberta: $2,050,000(14 of46)
This home situated on just over four acres has three bedrooms, a library, gym and wine cellar. (credit:Realtor.ca)
Calgary, Alberta: $2,070,000(15 of46)
This 3,300 square foot home is close to river pathways and only minutes from downtown. It had four bedrooms, 10 foot ceilings and an over-sized deck with a hot tub that can seat seven. (credit:Realtor.ca)
Calgary, Alberta: $2,070,000(16 of46)
This 3,300 square foot home is close to river pathways and only minutes from downtown. It had four bedrooms, 10 foot ceilings and an over-sized deck with a hot tub that can seat seven. (credit:Realtor.ca)
Calgary, Alberta: $2,070,000(17 of46)
This 3,300 square foot home is close to river pathways and only minutes from downtown. It had four bedrooms, 10 foot ceilings and an over-sized deck with a hot tub that can seat seven. (credit:Realtor.ca)
Calgary, Alberta: $2,070,000(18 of46)
This 3,300 square foot home is close to river pathways and only minutes from downtown. It had four bedrooms, 10 foot ceilings and an over-sized deck with a hot tub that can seat seven. (credit:Realtor.ca)
Calgary, Alberta: $2,089,000(19 of46)
This five bedroom, open concept home is designed to save energy and the environment. It includes elevator cervices to all three levels, a root cellar and has a view of the mountains. (credit:Realtor.ca)
Calgary, Alberta: $2,089,000(20 of46)
This five bedroom, open concept home is designed to save energy and the environment. It includes elevator cervices to all three levels, a root cellar and has a view of the mountains. (credit:Realtor.ca)
Calgary, Alberta: $2,089,000(21 of46)
This five bedroom, open concept home is designed to save energy and the environment. It includes elevator cervices to all three levels, a root cellar and has a view of the mountains. (credit:Realtor.ca)
Calgary, Alberta: $2,089,000(22 of46)
This five bedroom, open concept home is designed to save energy and the environment. It includes elevator cervices to all three levels, a root cellar and has a view of the mountains. (credit:Realtor.ca)
Edmonton, Alberta: $2,190,000(23 of46)
This bungalow boasts spectacular river valley and park views. It has four fireplaces, six bedrooms and comes is fully furnished. (credit:Realtor.ca)
Edmonton, Alberta: $2,190,000(24 of46)
This bungalow boasts spectacular river valley and park views. It has four fireplaces, six bedrooms and comes is fully furnished. (credit:Realtor.ca)
Edmonton, Alberta: $2,190,000(25 of46)
This bungalow boasts spectacular river valley and park views. It has four fireplaces, six bedrooms and comes is fully furnished. (credit:Realtor.ca)
Edmonton, Alberta: $2,190,000(26 of46)
This bungalow boasts spectacular river valley and park views. It has four fireplaces, six bedrooms and comes is fully furnished. (credit:Realtor.ca)
Rural Foothills M.D., Alberta: $2,199,900(27 of46)
This six bedroom property boasts spectacular city and mountain views. It has a fully finished walk-out, engineered oak hardwood and an over-sized triple garage. (credit:Realtor.ca)
Rural Foothills M.D., Alberta: $2,199,900(28 of46)
This six bedroom property boasts spectacular city and mountain views. It has a fully finished walk-out, engineered oak hardwood and an over-sized triple garage. (credit:Realtor.ca)
Rural Foothills M.D., Alberta: $2,199,900(29 of46)
This six bedroom property boasts spectacular city and mountain views. It has a fully finished walk-out, engineered oak hardwood and an over-sized triple garage. (credit:Realtor.ca)
Rural Foothills M.D., Alberta: $2,199,900(30 of46)
This six bedroom property boasts spectacular city and mountain views. It has a fully finished walk-out, engineered oak hardwood and an over-sized triple garage. (credit:Realtor.ca)
Rural Foothills M.D., Alberta: $2,200,000(31 of46)
This property has picturesque mountain views and a creek that runs year around. It also has a barn with six stalls and is ideal for a horse enthusiast. (credit:Realtor.ca)
Rural Foothills M.D., Alberta: $2,200,000(32 of46)
This property has picturesque mountain views and a creek that runs year around. It also has a barn with six stalls and is ideal for a horse enthusiast. (credit:Realtor.ca)
Rural Foothills M.D., Alberta: $2,200,000(33 of46)
This property has picturesque mountain views and a creek that runs year around. It also has a barn with six stalls and is ideal for a horse enthusiast. (credit:Realtor.ca)
Rural Foothills M.D., Alberta: $2,200,000(34 of46)
This property has picturesque mountain views and a creek that runs year around. It also has a barn with six stalls and is ideal for a horse enthusiast. (credit:Realtor.ca)
Rural Rockyview County, Alberta: $2,225,000(35 of46)
This six bedroom home boasts spectacular mountain views and a design ideal for functionality and "striking good looks." It also has a fully developed basement complete with a games room, gym and two bedrooms. (credit:Realtor.ca)
Rural Rockyview County, Alberta: $2,225,000(36 of46)
This six bedroom home boasts spectacular mountain views and a design ideal for functionality and "striking good looks." It also has a fully developed basement complete with a games room, gym and two bedrooms. (credit:Realtor.ca)
Rural Rockyview County, Alberta: $2,225,000(37 of46)
This six bedroom home boasts spectacular mountain views and a design ideal for functionality and "striking good looks." It also has a fully developed basement complete with a games room, gym and two bedrooms. (credit:Realtor.ca)
Rural Rockyview County, Alberta: $2,225,000(38 of46)
This six bedroom home boasts spectacular mountain views and a design ideal for functionality and "striking good looks." It also has a fully developed basement complete with a games room, gym and two bedrooms. (credit:Realtor.ca)
Canmore, Alberta: $2,299,000(39 of46)
This custom built timber frame home has five bedrooms, soaring ceilings and a rock faced fireplace. It offers breathtaking views of The Three Sisters and Ha Ling mountains and an abundance of light. (credit:Realtor.ca)
Canmore, Alberta: $2,299,000(40 of46)
This custom built timber frame home has five bedrooms, soaring ceilings and a rock faced fireplace. It offers breathtaking views of The Three Sisters and Ha Ling mountains and an abundance of light. (credit:Realtor.ca)
Canmore, Alberta: $2,299,000(41 of46)
This custom built timber frame home has five bedrooms, soaring ceilings and a rock faced fireplace. It offers breathtaking views of The Three Sisters and Ha Ling mountains and an abundance of light. (credit:Realtor.ca)
Canmore, Alberta: $2,299,000(42 of46)
This custom built timber frame home has five bedrooms, soaring ceilings and a rock faced fireplace. It offers breathtaking views of The Three Sisters and Ha Ling mountains and an abundance of light. (credit:Realtor.ca)
Edmonton, Alberta: $2,350,000(43 of46)
This four bedroom home and in-floor heating, two decks and a four stop elevator with access to the garage. It also has a view of a pond, a theatre room and gym. (credit:Realtor.ca)
Edmonton, Alberta: $2,350,000(44 of46)
This four bedroom home and in-floor heating, two decks and a four stop elevator with access to the garage. It also has a view of a pond, a theatre room and gym. (credit:Realtor.ca)
Edmonton, Alberta: $2,350,000(45 of46)
This four bedroom home and in-floor heating, two decks and a four stop elevator with access to the garage. It also has a view of a pond, a theatre room and gym. (credit:Realtor.ca)
Edmonton, Alberta: $2,350,000(46 of46)
This four bedroom home and in-floor heating, two decks and a four stop elevator with access to the garage. It also has a view of a pond, a theatre room and gym. (credit:Realtor.ca)