Honeymoon DRIVE

Norglenwold | Alberta

The Heritage of

Country Nobility

View Photos Watch Film 360° VTour Open House

Pat Garritty

Presented At

$3,070,576

Bedrooms

Bathrooms

Living

5,355

SQFT

Fireplace

Office

High Ceiling

Stone Countertops

Air Conditioning

Washer Dryer

Bar

Kitchen island

Laundry Room

Walk In Closet

Jacuzzi

Terrace

Garage

Parking

Garden

Balcony

Fire Pit

Pool

Water View

Lakefront

Waterfront

Privacy

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261

Honeymoon DRIVE

Norglenwold | Alberta

261 Honeymoon DRIVE, Norglenwold, AB, T4S 1S5, CANADA, Norglenwold, Alberta, Canada. , Norglenwold , Alberta

luxury waterfront retreat on Honeymoon Bay

Welcome to your luxury waterfront retreat on the coveted shores of Honeymoon Bay in Sylvan Lake! This prestigious 7-bedroom, 5-bathroom estate spans over 6,900 sq ft of masterfully crafted living space and sits on 87 feet of prime lakefront. From the moment you enter the grand foyer, you’re greeted with warmth and sophistication — featuring timeless post and beam architecture, 100-year-old specialty oak flooring, and exceptional custom stonework. The sun-drenched great room is truly the heart of the home, offering breathtaking views of the lake. Entertain in style with a formal dining room that flows seamlessly into a chef-inspired kitchen equipped with a stunning 9-ft granite island, WOLF gas range, built-in commercial fridge/freezer, and dual dishwashers. The upper-level primary suite is your private sanctuary, featuring a large walk-in closet and a spa-like ensuite with jacuzzi, shower, and dual vanities. Step into the inviting three-season screened in porch off the kitchen—complete with a wood-burning fireplace, bar, and professional grill—perfect for entertaining. Just outside, your private heated pool area offers total privacy, a convenient pool house room, and direct access to the beautifully landscaped backyard. Updated landscaping includes new fencing, a cozy fire pit area, and a charming woodshed. From your private dock, set off for a day on the lake, or enjoy a quiet evening under the stars. Upgrades include a new 5-ton central A/C system, HVAC, hot water heater, commercial-grade Reverse Osmosis system, and updated security and Sonos sound systems. With a triple in-floor heated garage, this exceptional lakefront property offers an unparalleled lifestyle of comfort, privacy, and lakeside luxury.

Gallery

3D Street View Tour

Property Location

261 Honeymoon DRIVE, Norglenwold, AB, T4S 1S5, CANADA, Norglenwold, Alberta, Canada., Norglenwold Alberta

Local Weather & Climate

Norglenwold, Alberta

Current Conditions Updated recently

44 °F

Overcast clouds

Feels Like 40°F

Humidity 82%

Wind 7 mph

Visibility 6.2 mi

Sunrise 1:41 PM

Sunset 1:47 AM

5-Day Forecast

Fri 20 Mar

Clouds

High 48°

Low 32°

Sat 21 Mar

Clouds

High 34°

Low 25°

Sun 22 Mar

Clouds

High 46°

Low 27°

Mon 23 Mar

Clouds

High 43°

Low 27°

Tue 24 Mar

Clouds

High 38°

Low 29°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Norglenwold?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

C$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for Canada. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Canada tax year 2025 (fiscal year: January-December), rules effective from 1972. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$4,250,000

261 Honeymoon DRIVE, Norglenwold, AB, T4S 1S5, CANADA, Norglenwold, Alberta, Canada.

Norglenwold, Alberta

7 Beds

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Market Opinion

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Our perspective on current market conditions in Norglenwold. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $307,057,600 20% down ($61,411,520)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$26,385/day

Your home may appreciate while you sleep

$185,205/week $802,556/mo $9,630,667/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$169.0M

+$239.7M

$239.7M Potential Equity

vs $169.0M lost to rent over 10 years

$61.4M Down Payment Growth

3.9x

10yr

$239.7M

8.1x

20yr

$496.2M

12.6x

30yr

$775.5M

Wealth Comparison

×1,846

Equivalent to 1,846 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $775.5M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $361.6M +18%

Market $418.2M +36%

Optimistic $482.5M +57%

$239.7M est. equity

20 Years

Conservative $425.9M +39%

Market $569.5M +85%

Optimistic $758.3M +147%

$496.2M est. equity

30 Years

Conservative $501.5M +63%

Market $775.5M +153%

Optimistic $1,191.7M +288%

$775.5M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 261 Honeymoon DRIVE, Norglenwold, AB, T4S 1S5, CANADA, Norglenwold, Alberta, Canada have?

This house at 261 Honeymoon DRIVE, Norglenwold, AB, T4S 1S5, CANADA, Norglenwold, Alberta, Canada features 7 bedrooms with 5,355 square feet of living space.

What is the size of 261 Honeymoon DRIVE, Norglenwold, AB, T4S 1S5, CANADA, Norglenwold, Alberta, Canada?

This property offers 5,355 square feet of living space.

What is the listing price for 261 Honeymoon DRIVE, Norglenwold, AB, T4S 1S5, CANADA, Norglenwold, Alberta, Canada?

This property is listed at $307,057,600, which equals $57340 per square foot.

Is now a good time to buy a home in Norglenwold?

Based on current market indicators, Norglenwold shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is 261 Honeymoon DRIVE, Norglenwold, AB, T4S 1S5, CANADA, Norglenwold, Alberta, Canada?

This is a house located in Norglenwold, Alberta. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: