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About Header - Elbow Valley Estates Lake Community

The Community:
An award winning community with award winning architecture sets apart this distinctive, one-of-kind estate neighbourhood. Located just twenty minutes west of downtown Calgary, immediately west of the city along highway 8 in rural Rocky View County. Although it's a rural area, Elbow Valley is a fully serviced comminuty including water, sewer, electricity, natural gas, cable and internet. Ownership in Elbow Valley is legally described as a bareland condo whereas you own your parcel or plot of land, plus a protion of the common areas.

Home to roughly 700 families, Elbow valley is maticulously carved out from a 1000 acre parcel, of which 400 acres have been developed with lot sizes ranging from 1/4 acre to 4 acre plots. The remaining 600 acres make up the commmon area which is comprised of roads, parks, playgrounds, lakes and environmental land. 



The Lakes:
Elbow Valley is unique in that it includes 3 primary lakes (Elbow Valley Lake, Fishermans Lake and Clearwater Lake), surrounded by generous parklands and a variety of ponds. The three lakes, each approximately 15 acres in size, are landscaped with trees, grasses and shrubs to create a natural edge. Many groves of Aspen have been protected near the shores, and landscaping was designed to incorporate a blend with the natural environment beyond. The lakes support a variety of recreational uses including swimming, skating, canoeing and rowing (no motor boats). Fisherman's Lake is stocked with trout and it will sustain fish year-round. 

Schools - Rocky View Schools:
  • Elbow Valley Elementary School  -  K to 4  -  244209 Range Road 33  -  403-242-1117
  • Springbank Middle School  -  5 to 8  -  244235 Range Road 33  -  403-242-4456
  • Springbank Community High  -  9 to 12  -  32226 Springbank Road  -  403-246-4771

Private Schools:
  • CALGARY ACADEMY  -  9400 - 17th Avenue SW, Calgary  -  403-686-6444
  • CALGARY CHRISTIAN   -  5029 - 26th Avenue SW, Calgary  -  403-242-2962
  • CALGARY WALDORF SCHOOL  -  1915 - 36th Avenue SW, Calgary  -  403-287-1868
  • CLEAR WATER ACADEMY  -  414 Crowchild Trail SW, Calgary  -  403-217-8448
  • MASTER’S ACADEMY & COLLEGE  -  4414 Crowchild Trail SW, Calgary  -  403-242-7034
  • MENNO SIMONS CHRISTIAN SCHOOL  -  7000 Elkton Drive SW, Calgary  -  403-531-0745
  • MOUNTAIN VIEW ACADEMY  -  7659 - 26th Avenue SW, Calgary  -  403-240-2612
  • STRATHCONA – TWEEDSMUIR SCHOOL  -  RR 2 Okotoks  -  403-938-4431
  • WEBBER ACADEMY  -  124-24th Avenue SW, Calgary  -  403-277-4700


Shopping:
West Hills Towne Centre is the area's big shopping centre, with many vendors, restaurants, a 10-screen movieplex, a Safeway and a Rona Home Centre. Signal Hill Shopping Centre, just north of West Hills contains a Superstore and the first library in the area. Aspen Landing Shopping Centre is also close by plus their is a commercial retail outlets to be built by Elbow Valley by no time schedule has been set.


Other Recreation:

The neighborhood parks and trail system circles the lakes and then reaches out to connect all parts of the community. Every home has nearby access to the trails. Parks are furnished with benches, picnic tables and children's play structures. Trails have been carefully located to allow full appreciation of the Elbow Valley landscape, while at the same time protecting the delicate natural ecosystems.
  
The Community Land, just west of Elbow Valley Lake, is the location of the Residents Club and recreational facilities. The Residents Club includes social gathering areas, washrooms, kitchens, as well as office space and storage. In addition, there is a beach area and boat house stocked with canoes and paddle boats, as well as tennis courts, a sports court, play structures, a picnic area and parking for resident use. The exact use of this area was determined by Elbow Valley residents themselves. Through the "Communities Forever Program" under which funds from each lot purchase were allocated specifically for recreational developments in this area.

The Bishop Gray Interpretive Area, comprising the balance of Lott Creek Valley, will be preserved as a natural interpretive area. Due to the sensitivity of these lands, access is guided by nature trails that loop through the area, starting and ending at the Bishop Gray Interpretive Center. The trail system and the landscape design help prevent damage to the lands, while allowing residents to enjoy their full beauty. These lands are maintained in their natural state. Observation points, benches and boardwalks provide views of beaver, blue heron, deer and other wildlife habitats.

The Bishop Gray Interpretive Center is named after Henry Allan Gray, who first homesteaded these lands in 1889 and subsequently became the first Anglican archbishop of Edmonton.


Golf Close By:
  • ELBOW SPRINGS GOLF CLUB - Public
  • GLENCOE GOLF & COUNTRY CLUB - Private
  • PINEBROOK GOLF & COUNTRY CLUB - Private
  • REDWOOD MEADOWS - Semi-Private


Historical Statistics of MLS Sales in Elbow Valley Estates:
EBV Single Family/Country Residential Homes Condominiums (all lots are bareland condos)
Year No. of Sales Average Sale Price Yr/Yr % Change No. of Sales Average Sale Price Yr/Yr % Change
1998

1999 1 $ 590,000  n/a 0
2000 3 $ 484,375 -17.9% 0
2001 8 $ 611,250  26.2% 0
2002 23 $ 703,321  15.1% 0
2003 18 $ 714,410  1.6% 0
2004 45 $ 826,388  15.7% 0

2005 65 $ 837,595  1.4% 0

2006 61 $ 1,079,356  28.9% 0

2007 51 $ 1,330,060  23.2% 0

2008 36 $ 1,256,497 -5.5% 0

2009 58 $ 972,410 -22.6% 0

2010 37 $ 1,164,321  19.7% 0

2011 49 $ 1,214,434  4.3% 0

2012 58 $ 1,328,662  9.4% 0
2013 43 $ 1,201,050 -9.6% 0
2014 Contact Us for Up-To-Date Markets Stats Tracket Weekly and Monthly

Source: Calgary Real Estate Board

NOTE: The use of average price information can be useful in establishing trends when applied over a period of time, i.e. six months or longer. CalgaryLakeHomes.ca cautions that an average price does not indicate the actual value of any particular property. If you require specific information on property values please contact us.

NOTE: The use of average price information can be useful in establishing trends when applied over a period of time, i.e. six months or longer. CalgaryLakeHomes.ca cautions that an average price does not indicate the actual value of any particular property. If you require specific information on property values please contact us.


 
Google Map of Elbow Valley Estates:

View Larger Map

Elbow Valley Estates Community Map (Courtesy of Elbow Valley Residents Club):
Elbow Valley Community Map



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