7136 Bow Crescent NW in Calgary: Bowness Detached for sale : MLS®# A2313639

RARE BOW RIVER WATERFRONT DEVELOPMENT OPPORTUNITY. Situated on an extraordinary pie-shaped parcel with approximately 200 feet of Bow River shore access and 98 feet of frontage, this is a truly unique opportunity for developers, investors, or those seeking an unmatched estate property. The property can be legally subdivided into three separate lots, with the southernmost lot already conditionally approved for subdivision, creating immediate development potential and reducing future timelines. Whether you're looking to build a signature riverfront estate, create a multi-lot luxury development, or secure a long-term holding property with significant upside, opportunities of this caliber are exceptionally rare. Build your dream home on one lot while living in or generating income from the extensively renovated executive-style raised bungalow next door. The existing residence has undergone substantial upgrades and improvements, offering outstanding value as a holding property. Soaring 16-foot vaulted ceilings, dramatic wall-to-wall windows, and panoramic river views create a true "escape to nature" experience while remaining connected to city amenities. Major updates include triple-pane windows, fibre cement siding with real stone masonry, composite decking with cable railings, air conditioning, updated water and sewer lines, PEX plumbing, a 200-amp electrical service, sump pump, sewer backup prevention valve, and two high-efficiency furnaces. The chef-inspired kitchen features premium Miele appliances under warranty until 2029, custom soft-close cabinetry, quartz countertops with waterfall edge and a walk-in working pantry. Additional highlights include Acacia engineered hardwood flooring, spa-inspired bathrooms, a legal basement bedroom, commercial-grade LVP flooring, and an oversized detached garage. For added peace of mind, the property has been pre-inspected (May 2026) and includes an updated RPR (2026). A rare chance to acquire a premier riverfront property offering immediate enjoyment, rental potential, and exceptional future development opportunities along one of Calgary's most sought-after natural corridors.

General Info:

Property Type:: Residential

Property Sub Type:: Detached

Condo Type:: Not a Condo

Transaction Type:: For Sale

Possession:: Signup

Possession Date:: Signup

Suite:: No

Num Legal Suites:: 0

Num Illegal Suites:: 0

Home Style:: Bungalow

Total Living Area:: 1,564.01 sq. ft.145 m2

Main Level Finished Area:: 1,564.01 sq. ft.145 m2

Lower Level Finished Area:: Signup

Above Grade Finished Area:: Signup

Below Grade Finished Area:: 733.54 sq. ft.68.1 m2

Taxes:: Signup

Tax Assessed Value:: Signup

HOA Fee Includes:: Signup

Acreage:: No

Lot Area:: 38,158 sq. ft.3,545 m2

Lot Frontage:: 98'29.9 m

Acres Cleared:: Signup

Acres Cultivated:: Signup

Acres Irrigated:: Signup

Acres Leasehold:: Signup

Acres Not Cultivated:: Signup

Acres Freehold:: Signup

Acres Seeded:: Signup

Acres Tame Hay:: Signup

Acres Treed:: Signup

Acres Waste:: Signup

Acres Water Rights:: Signup

Front Exposure:: Southwest

Reg. Size:: Signup

Reg. Size Includes:: Signup

Levels:: One

Total Rooms Above Grade:: 5

Year built:: 1920 (Age: 106)

Bedrooms:: 2 (Above Grd: 1)

Bedrooms Above Grade:: 1

Bedrooms Below Grade:: 1

Bathrooms:: 3.0 (Full:2, Half:1)

Plan:: 5565AH

Additional Info:

Heating:: Forced Air, Natural Gas

Basement:: Full, Partially Finished, Separate/Exterior Entry, Walk Out

Foundation:: Poured Concrete

New Constr.:: No

Construction Material:: Cement Fiber Board, Stone, Wood Frame

Structure Type:: House

Roof:: Asphalt Shingle

Ensuite:: Yes

Flooring:: Carpet, Hardwood, Tile, Vinyl Plank

Cooling:: Central Air

Fireplaces:: 1

Fireplace Details:: Brick Facing, Family Room, Gas

Garage:: Yes

Garage Spaces:: 2

Parking:: Double Garage Detached

Parking Places:: 5

Parking Total/Covered:: 5 / -

Laundry Features:: Main Level

City Quadrant:

Northwest

Community:

Bowness

Appliances:

See Remarks

Inclusions:

Fridge, Built-in Wall Oven & Toaster, Dishwasher, Gas Stove, Wine fridge, Washer & Dryer, Window coverings, Air Conditioner, RO water purifier, UV air purifiers (2), Garage door opener with remote, Ring Doorbell, 2 floodlight camera's

Restrictions:

None Known

Room Information:

Floor
Type
Size
Other

Main Floor

Dining Room

16' × 10'3"

Main Floor

Foyer

17'9" × 6'6"

Main Floor

Kitchen

12' × 11'10"

Main Floor

Living Room

34'4" × 16'10"

Main Floor

Bedroom - Primary

14'8" × 14'4"

Main Floor

Walk-In Closet

9'3" × 5'11"

Basement

Bedroom

18'4" × 14'5"

Basement

Game Room

33'4" × 24'

Basement

Storage

22'9" × 12'4"

Basement

Furnace/Utility Room

19'8" × 15'7"

Bathrooms:

Floor
Ensuite
Pieces
Other

Main Floor

8' x 6'7"

Main Floor

Yes

14'2" x 10'4"

Basement

6'8" x 11'1"

Land Info:

Title to Land:: Fee Simple

Community Features:: Fishing, Park, Playground, Schools Nearby, Shopping Nearby, Street Lights, Walking/Bike Paths

Interior Features:: Beamed Ceilings, Closet Organizers, Double Vanity, High Ceilings, No Smoking Home, Open Floorplan, Separate Entrance, Stone Counters, Vaulted Ceiling(s), Vinyl Windows, Walk-In Closet(s)

Exterior Features:: Dog Run, Fire Pit, Garden, Private Yard

Patio And Porch Features:: Deck, Front Porch

Lot Features:: Back Yard, Backs on to Park/Green Space, Creek/River/Stream/Pond, Front Yard, Gentle Sloping, Interior Lot, Landscaped, Level, Many Trees, No Back Lane, No Neighbours Behind, Pie Shaped Lot, Street Lighting, Subdivided, Views, Waterfront, Wooded