Some homes are impressive. A select few are irreplaceable. 12231 Lake Louise Way belongs firmly in the latter category. It is rare to find a property where the lot, setting & craftsmanship align at such an extraordinary level. This is the home in Lake Bonavista that residents reference when conversations turn to the community’s most exceptional properties, & without question, it will be one of the landmark residential offerings to come to market in Calgary in 2026. Positioned on arguably the most coveted lakefront lot, this remarkable estate offers 6358 SF (above grade) of timeless space with breathtaking SW views across the water, delivering the city’s most spectacular sunsets. Originally built with a level of quality rarely seen, the home has an enduring presence that feels as relevant today as when it was built. Beyond the entrance, you are welcomed into a series of beautiful spaces that balance scale & sophistication. The living areas are complemented by extensive millwork, soaring ceilings, rich detailing & a level of craftsmanship that would be extraordinarily difficult to replicate today. The library is nothing short of spectacular. It stands as one of the most impressive rooms you will encounter in any home. Rich detailing, extensive millwork, soaring proportions & a timeless design aesthetic combine to create a space with extraordinary warmth & character. The primary suite offers stunning lake views & an exceptional ensuite + dressing area. The rest of the home continues to showcase incredible scale with generous bedrooms, entertaining areas, elevator, fitness space & more rooms designed to adapt to your lifestyle. The kitchen was designed for everyday living & entertaining, seamlessly connecting to main level gathering spaces. The walkout lower level (4042 SF) continues the home’s theme of craftsmanship & atmosphere, offering a collection of spaces that feels more like a luxury retreat than a traditional basement. Designed for both entertaining & enjoyment, this level features detailed finishes, expansive gathering areas, a beautiful bar & lounge space, games/rec space & seamless access to one of the property’s most remarkable features, the lakeside grotto. The outdoor environment is equally extraordinary. Extensive landscaping & exterior investment creates a setting that feels more reminiscent of a luxury resort than a private residence. Expansive terraces & mature landscaping combine to create an experience that is unmatched. The garage experience is equally exceptional, designed for enthusiasts & collectors alike. Featuring a 6 car attached garage with 3 spaces below accessed through an integrated lift, this is an extraordinarily rare offering. Lake Bonavista is Calgary’s premier lake community & sets the standard for lake living. Combining a private 4 season lifestyle with ideal access to schools & amenities, it is one of the most desirable communities in Calgary. Opportunities this rare are exceptional. *see video, virtual tour link+photo collection*
Basement, Gas, Kitchen, Library, Living Room, Outside, Wood Burning
Garage:
Yes
Garage Spaces:
6
Parking:
Aggregate, Gated, Heated Garage, Insulated, Oversized, Quad or More Attached, See Remarks, Workshop in Garage
Parking Places:
9
Parking Total/Covered:
9 /
-
Laundry Features:
Laundry Room, Main Level
HOA Fee:
$409.50
Southeast
Lake Bonavista
None
Bar Fridge, Dryer, Freezer, Garage Control(s), Gas Range, Microwave, Refrigerator, Washer, Window Coverings
Butler Pantry Fridge, Dishwasher x2, Home Theatre system in Library, Safe, Alarm (Telus monthly contract) TV In Bonus Room, Bar Microwave, Train Set (Except upper track) TV in Basement, Life Jackets, Firewood, Urns, BBQ
Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Foyer
28'10"8.79 m × 17'9"5.41 m
Main Floor
Living Room
30'10"9.40 m × 23'1"7.04 m
Main Floor
Kitchen
18'10"5.74 m × 17'10"5.44 m
Main Floor
Dining Room
16'10"5.13 m × 15'4.57 m
Main Floor
Breakfast Nook
17'10"5.44 m × 11'7"3.53 m
Main Floor
Den
15'4.57 m × 12'1"3.68 m
Main Floor
Laundry
14'7"4.44 m × 13'3.96 m
Main Floor
Office
14'10"4.52 m × 13'1"3.99 m
Main Floor
Other
9'11"3.02 m × 9'7"2.92 m
Upper Level
Bedroom - Primary
18'8"5.69 m × 18'2"5.54 m
Upper Level
Bedroom
16'3"4.95 m × 15'1"4.60 m
Upper Level
Exercise Room
30'1"9.17 m × 20'6.10 m
Upper Level
Library
30'11"9.42 m × 20'10"6.35 m
Upper Level
Loft
21'2"6.45 m × 18'10"5.74 m
Upper Level
Storage
15'2"4.62 m × 6'11"2.11 m
Upper Level
Furnace/Utility Room
6'1.83 m × 4'10"1.47 m
Basement
Game Room
38'1"11.60 m × 34'10.40 m
Basement
Hobby Room
14'6"4.42 m × 11'3"3.43 m
Basement
Other
14'2"4.32 m × 13'8"4.17 m
Basement
Mud Room
10'6"3.20 m × 6'1.83 m
Basement
Bedroom
22'6.71 m × 14'7"4.44 m
Basement
Bedroom
17'5"5.31 m × 11'1"3.38 m
Basement
Storage
11'10"3.61 m × 8'8"2.64 m
Basement
Furnace/Utility Room
19'5.79 m × 9'3"2.82 m
Basement
Storage
36'8"11.20 m × 20'1"6.12 m
Basement
Storage
20'10"6.35 m × 16'7"5.05 m
Basement
Wine Cellar
11'10"3.61 m × 8'8"2.64 m
Floor
Ensuite
Pieces
Other
Main Floor
No
2
Upper Level
Yes
4
Upper Level
Yes
5
Basement
No
3
Basement
No
5
Title to Land:
Fee Simple
Community Features:
Fishing, Lake, Playground, Schools Nearby, Shopping Nearby, Tennis Court(s)
Interior Features:
Bar, Bookcases, Built-in Features, Central Vacuum, Chandelier, Closet Organizers, Double Vanity, Elevator, High Ceilings, Kitchen Island, Storage, Sump Pump(s), Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
Data was last updated May 13, 2026 at 04:05 AM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$377,450
Min list price:
$224,900
Max list price:
$1,789,000
Avg days on market:
16
Min days on market:
4
Max days on market:
112
Avg price per sq.ft.:
$423.74
These statistics are generated based on the current listing's property type
and located in
Lake Bonavista. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.