The famous Roman statesman and writer Marcus Tullius Cicero once said, “there is no place more delightful than one’s own fireside,” and these firesides are delightful indeed. In September, CTV News Edmonton circled back to Alberta’s capital to see what expensive homes were available. Three of those listings are still up. This month, we’re venturing beyond the city borders again to rural Sturgeon County to look at five new multi-million dollar homes. First, in September, 2,192 homes were sold in the greater Edmonton area according to the Realtors Association of Edmonton (RAE). The organization’s data shows only 13 non-commercial sales took place in Sturgeon County during that time. The average price for all residential properties in the greater Edmonton area in September was $452,849, a decrease of 1.8 per cent from August, but an increase of 2.8 per cent from 2024. “Looking ahead, there is some potential for another spike of activity if the Bank of Canada lowers interest rates again,” said RAE board chair Darlene Reid in the monthly statistics report. “We’ll have to wait and see how many buyers are incentivized by their ability to leverage that lending power and whether or not they’ll be able to capitalize on the cooling effect of autumn on home prices.” Earlier this week, the Bank of Canada did cut interest rates, bringing the overnight rate to 2.25 per cent. Now, here are some of the most expensive homes for sale in rural Sturgeon County, according to realtor.ca. 4 - $1.8M bungalow in Glenview Acres Starting northeast of St. Albert is this 2,189-square-foot home in Glenview Acres. Inside, the home has four bedrooms and four bathrooms, as well as a downstairs rec room. The inside might not sound exciting, but that’s what the rest of the property is for, including a backyard pool. The property is also spacious at 14.9 acres with a wraparound deck on the home. The listing has been up for 70 days and the home, built in 1992, and is located at 54224 Rge Rd. 245. 3 - $2.2M home in Pinnacle Ridge Estates Moving a little to the north is this two-storey, 3,435-square-foot home in the Pinnacle Ridge Estates. The home is a newer build with an open-concept main floor, including a gourmet kitchen, as well as four bedrooms and four bathrooms. The basement also has a rec room, theatre room, gym and den. The backyard has a stone patio and the deck has a covered, private hot tub and lounge area. Built in 2022, the home is located at 70 Pinnacle Summit and the listing has been up for 176 days. 2 - $2.2M bungalow in River’s Gate To the southwest by the Sturgeon River is this 2,714-square-foot home in River’s Gate. The garage is an odd place to start, except when it’s a 1,615-square-foot, heated six-car garage with an RV entrance. Inside, the home has five bedrooms, six bathrooms, rec room, wet bar, and theatre room. The utility room also appears to have a vault door that leads to a storage room. The backyard has a tiered garden with a small waterfall, a patio and a covered deck with a barbeque, food preparation area and fireplace. The home, built in 2017, is located at 247 25122 Sturgeon Rd. and the listing has been up for 175 days. 1 - $2.3M home in Pinnacle Ridge Estates Heading back to Pinnacle Ridge Estates, we find this two-storey, 7,413-square-foot home. A spiral staircase separates the three floors and the eight bedrooms and nine bathrooms, along with two living rooms, and two full kitchens. This home also has a six-car heated garage, as well as a theatre room and home gym. The backyard is landscaped and has a covered and open patio, with a second-floor balcony. Built in 2016, the home is located at 63 54403 Rge Rd. 251 and the listing has been up for 63 days.
