A rare offering of uncompromising luxury, this extraordinary signature penthouse residence at Elements at the River is one of Red Deer’s most prestigious homes. Perfectly positioned along the banks of the Red Deer River, this remarkable residence blends timeless elegance with contemporary sophistication, creating an unparalleled lifestyle reserved for the discerning buyer. Encompassing over 5,300 sq. ft. of impeccably designed living space, the residence is framed by dramatic floor-to-ceiling windows that capture sweeping views of the Red Deer River, panoramic city views, and the surrounding landscape. Every detail has been thoughtfully curated, offering an exceptional balance of luxury, comfort, and architectural beauty. Featuring three spacious bedrooms, three bathrooms, a private office, and four private balconies, this home is truly without comparison in Central Alberta. Designed with entertaining in mind, the spectacular chef’s kitchen is the centrepiece of the home, showcasing custom walnut cabinetry, dual quartz islands for preparation and gathering, premium Wolf appliances, a Sub-Zero refrigerator, and a walk-in pantry. A formal dining room, casual dining area, and an impressive entertaining bar complete with wine refrigerators, dishwasher, cappuccino maker, and a private wine room, creating an unforgettable setting for hosting family and guests. The grand open-concept living room is anchored by a striking floor-to-ceiling fireplace, creating a warm yet sophisticated setting for everyday living and entertaining. Floor-to-ceiling windows frame breathtaking views of the Red Deer River, panoramic city views, and the surrounding landscape, while four private balconies provide exceptional outdoor living spaces to enjoy the ever-changing scenery. The primary suite is a luxurious private retreat, featuring a spacious sitting area, private terrace, double-sided fireplace, and an exquisite spa-inspired ensuite with a freestanding soaker tub, fully tiled walk-in shower, and dual vanities. Designed as a true sanctuary, it offers complete privacy, comfort, and sophistication. Residents enjoy exclusive access to a private fitness centre within this boutique, adult-only building. With only 10 residential suites in the five-storey tower, Elements at the River offers exceptional privacy, security, and prestige. Four heated, secure underground parking stalls and two private storage units complete this exceptional package. More than a residence, this is a legacy property—an exceptional expression of luxury, craftsmanship, and refined living, offering an unparalleled opportunity to own one of Red Deer’s most iconic penthouse homes.
For sale
C$1,595,000
5002 S 55th St #501, Red Deer, AB T4N 7A4
3beds
5,209sqft
Apartment
Built in 2013
-- sqft lot
$-- Zestimate®
C$306/sqft
C$2,205/mo HOA
What's special
Dramatic floor-to-ceiling windowsPanoramic city viewsThree spacious bedroomsThree bathroomsPrivate officeFour private balconiesCustom walnut cabinetry
- 19 days |
- 43 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Shelly James, Associate,
Coldwell Banker Ontrack Realty
Source: courtesy of Pillar9 System,MLS®#: A2330717
Originating MLS®#: Central Alberta
Originating MLS®#: Central AlbertaFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Dimensions: 17`3" x 14`8"
Other
- Level: Main
- Dimensions: 20`10" x 15`0"
Bedroom
- Level: Main
- Dimensions: 14`4" x 16`9"
Other
- Level: Main
- Dimensions: 5`7" x 6`0"
Other
- Level: Main
- Dimensions: 14`8" x 7`8"
Other
- Level: Main
- Dimensions: 13`3" x 19`6"
Breakfast nook
- Level: Main
- Dimensions: 10`2" x 14`10"
Den
- Level: Main
- Dimensions: 14`11" x 19`11"
Dining room
- Level: Main
- Dimensions: 20`2" x 18`1"
Kitchen
- Level: Main
- Dimensions: 24`9" x 22`8"
Laundry
- Level: Main
- Dimensions: 8`0" x 13`3"
Living room
- Level: Main
- Dimensions: 33`0" x 36`2"
Office
- Level: Main
- Dimensions: 16`0" x 15`0"
Storage
- Level: Main
- Dimensions: 10`6" x 6`2"
Walk in closet
- Level: Main
- Dimensions: 12`7" x 11`8"
Walk in closet
- Level: Main
- Dimensions: 8`0" x 13`3"
Heating
- Radiant Floor, Natural Gas
Cooling
- Central Air
Appliances
- Included: See Remarks
- Laundry: In Unit, Laundry Room
Features
- Built-in Features, Closet Organizers, Double Vanity, Elevator, Granite Counters, High Ceilings, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Recreation Facilities, Soaking Tub, Storage, Walk-In Closet(s), Wet Bar
- Flooring: Hardwood, Tile
- Number of fireplaces: 2
- Fireplace features: Double Sided, Gas, Living Room, Masonry, Master Bedroom, See Through
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 5,209 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Enclosed, Gated, Heated Garage, Insulated, Off Street, Owned, Parkade, Underground, Titled
- Garage spaces: 4
Accessibility
- Accessibility features: Enhanced Accessible
Features
- Levels: Multi Level Unit
- Stories: 6
- Entry location: Top
- Patio & porch: Balcony(s)
- Exterior features: Balcony, Lighting, Private Entrance
- Has view: Yes
- On waterfront: Yes
- Waterfront features: River Access, River Front
Lot
- Features: Low Maintenance Landscape, Views
Details
- Parcel number: 113540266
- Zoning: DC (3)
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Concrete, Metal Frame, Other, Stone
- Roof: Other
Condition
- New construction: No
- Year built: 2013
Community & HOA
Community
- Features: Park
- Subdivision: Railyards
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Fitness Center, Secured Parking, Storage
- Services included: Amenities of HOA/Condo, Common Area Maintenance, Electricity, Gas, Heat, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
- HOA fee: C$2,205 monthly
Location
- Region: Red Deer
Financial & listing details
- Price per square foot: C$306/sqft
- Date on market: 8/5/2026
- Inclusions: Sub Zero Fridge, Built in Microwave, Induction Cooktop, Gas Range, Wall Ovens x 2, Built in Dishwasher x 3, Bar Fridge, Wine Fridge, TV's x 4, Cappuccino Maker, Baby Grand Piano, Garage Door Remote x 3, Building Security Access x 3
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Railyards
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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