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Home Communities Elbow Valley 243 Whispering Water Way
$1,070,000 Active
243 Whispering Water Way · Rural Rocky View County · T3Z 3T4
5 bd 4.0 ba 2,323 sqft $461/sqft Built 2003
MLS® A2302397 · Listed Apr 16, 2026
Listed by The Real Estate District — Jamie Cheung
By the numbers

How this listing measures up

$/sqft $461
vs Elbow Valley median -46% community avg $1979K
Sqft per bedroom 465
Year built 2003
Annual taxes $4,566 2025
Garage 2 spaces

About this property

Welcome to Elbow Valley, one of Calgary’s premier estate communities and a nationally recognized neighbourhood named Canada’s Community of the Year (twice) and Calgary’s Community of the Year (four times). Known for estate homes, natural surroundings, and private amenities, it offers peaceful living just minutes from the city. This home sits on a large estate lot with no rear neighbours, offering privacy, open views, and a quiet natural setting. Offering over 3,400 sq. ft. of developed living space, this home features 5 bedrooms and 3.5 bathrooms, including a fully finished walkout basement. Central air conditioning provides year-round comfort throughout. A spacious front foyer welcomes you in, with a dedicated main-floor office just off the entry. The main level is bright and open-concept, designed for both everyday living and entertaining with excellent natural light throughout. The gourmet kitchen includes a gas cooktop, quartz counters, oversized island with storage, abundant cabinetry, and a coffee station. It flows into the dining area, which opens onto a south-facing balcony, ideal for morning coffee or evening sunsets. Main floor also includes a powder room and laundry area, adding everyday convenience to the thoughtful layout. Upstairs, the primary suite offers a spacious retreat with a 5-piece ensuite featuring dual sinks, his and hers closets, and access to a private south-facing veranda. Two additional bedrooms and a 4-piece bathroom complete the upper level, offering a well-balanced family layout. The walkout basement extends the living space with two additional bedrooms and a large recreation room, providing flexible use for guests, extended family, or entertainment, while maintaining a natural connection to the upper levels. The backyard is a standout feature—south-facing, over 7,000 sq. ft., and backing onto open space with no rear neighbours. A fire pit area creates an inviting outdoor setting designed for year-round enjoyment. Residents enjoy the Elbow Valley Residents Club, offering a fitness facility, meeting rooms, and year-round programming including fitness classes, seasonal events, and social gatherings that foster a strong sense of community. The neighbourhood is further enhanced by three private lakes for swimming, skating, and fishing, along with beaches, playgrounds, picnic areas, fire features, and an extensive network of walking and biking trails woven through preserved natural green space. For golf enthusiasts, Elbow Springs Golf Club is just minutes away, offering 27 holes in a scenic river valley setting. Despite its quiet, estate-style atmosphere, Elbow Valley offers excellent connectivity with quick access to Stoney Trail, providing efficient routes to Calgary, the airport, and all major districts. A rare opportunity to own a home of this size, setting, and quality in one of Calgary’s most established and sought-after estate communities.

Property details

Bedrooms5
Bathrooms4.0
Style2 Storey,Attached-Side by Side
HeatingForced Air,Natural Gas
CoolingCentral Air
FlooringCarpet,Ceramic Tile,Hardwood
LevelsTwo
BasementFull
Basement developmentFinished
Interior featuresCentral Vacuum,Closet Organizers,Double Vanity,High Ceilings,Kitchen Island,No Animal Home,No Smoking Home,Open Floorplan,Quartz Counters,Recessed Lighting,Soaking Tub,Walk-In Closet(s)
AppliancesCentral Air Conditioner,Dishwasher,Dryer,Garage Control(s),Gas Stove,Range Hood,Refrigerator,Washer,Window Coverings
InclusionsOversized stainless steel side-by-side refrigerator/freezer in kitchen
LaundryLaundry Room,Main Level
Lot size7840.00 sqft
Frontage44.06 ft
Lot featuresBack Yard,Backs on to Park/Green Space,Cul-De-Sac,Landscaped,No Neighbours Behind,Rectangular Lot
Exterior featuresBalcony,Fire Pit,Lighting
FencingNone
PatioBalcony(s),Patio
Year built2003
Construction materialsStucco,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresDouble Garage Attached
Garage spaces2
Parking total4
Annual taxes$4,566
Tax year2025
Possession30 Days / Neg
ZoningDC13
TitleFee Simple
RestrictionsRestrictive Covenant,Utility Right Of Way
NeighbourhoodElbow Valley
Community featuresClubhouse,Fishing,Gated,Golf,Lake,Park,Playground,Pond,Sidewalks,Street Lights,Tennis Court(s),Walking/Bike Paths
List AORCalgary

Location

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About Elbow Valley

AI-generated summary

A prestigious, master-planned estate community nestled along the Elbow River valley in Calgary's west, offering a serene, nature-immersed lifestyle with a strong sense of exclusivity and community.

Average list price of $1,978,750 reflects one of Calgary's most premium residential enclaves
Only 4 active listings signals a tight, low-inventory luxury market
Average of 19 days on market suggests healthy demand for estate properties in this community
Housing
Predominantly large, custom-built single-family estate homes on generous lots, many featuring high-end finishes and backing onto natural ravines, wetlands, or the golf course.
Transit
Car-dependent with limited public transit options; residents rely primarily on personal vehicles, with Stoney Trail providing convenient regional access.
Amenities
Home to Elbow Valley Golf Club and connected to extensive pathway systems; everyday shopping and services are a short drive away in Springbank Hill or along 17th Avenue SW.
Who lives here
Primarily affluent professional families and established couples who prioritise privacy, space, and proximity to nature without sacrificing access to the city.
Full Elbow Valley 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: The Real Estate District — Jamie Cheung.