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Home Communities South Shores 431 South Shore Drive
$3,300,000 Active
431 South Shore Drive · Chestermere · T1X 2S2
bd ba 8,127 sqft $406/sqft Built 2026
MLS® A2277162 · Listed Jan 16, 2026
Listed by REMAX Innovations — Rez Jiwa
By the numbers

How this listing measures up

$/sqft $406
vs South Shores median +215% community avg $1049K
Sqft per bedroom
Year built 2026
South Shores avg DOM 71d
$/sqft distribution

Where this listing sits in South Shores

Of 13 active residential listings in South Shores, this property at $406/sqft sits in the $400–450 range.
$300–$350/sqft · 4 listings $350–$400/sqft · 4 listings $400–$450/sqft · 2 listings $450–$500/sqft · 2 listings $500–$550/sqft · 0 listings $550–$600/sqft · 0 listings $600–$650/sqft · 0 listings $650–$700/sqft · 0 listings $700–$750/sqft · 0 listings $750–$800/sqft · 0 listings $800–$850/sqft · 0 listings $850–$900/sqft · 1 listing $300 $400 $500 $600 $700 $800 $900 This · $406
Other active listings This listing's price range This listing

About this property

An exceptional multifamily development opportunity within Chestermere’s Sol Verde Lakeside complex. This 2± acre site is planned as a Bare Land Condominium and offers DP approval for 66 townhomes with attached garages, some featuring views of the lake and pond. Ideally located just steps from Chestermere Lake, the development combines lifestyle appeal with strong rental demand. Great price per door for residential development. This site presents a rare opportunity to enhance a multifamily portfolio or a high return on equity with individual townhome sales. Act now for Chestermere’s most desirable lakeside community, only a quick 5 minute drive to Calgary's city limits.

Property details

Inclusionsn/a
Year built2026
Tax year2025
PossessionNegotiable
ZoningR-4
RestrictionsNone Known
NeighbourhoodSouth Shores
List AORCalgary

Location

Sold comparables in South Shores

16 recent sales in South Shores

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About South Shores

AI-generated summary

South Shores is a newer lakeside community in Calgary's southeast, offering a relaxed, upscale feel with scenic water views and a strong sense of suburban tranquility.

Average list price of $1,048,923 reflects a premium lakeside market
15 active listings with an average of 57 days on market suggests a measured pace of sales
One of Calgary's newer southeast communities, offering modern home builds and lake access
Housing
Predominantly newer single-family detached homes and estate properties, reflecting the community's recent development and premium price point.
Transit
South Shores is a car-dependent community with limited transit options, making personal vehicle ownership essentially a necessity for most residents.
Amenities
Residents enjoy access to the community lake and pathway systems, with everyday retail and dining found along nearby major commercial corridors in the broader southeast.
Who lives here
The community tends to attract affluent families and professionals drawn by the lakeside lifestyle, newer construction, and quieter suburban setting.
Full South Shores community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: REMAX Innovations — Rez Jiwa.