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407 40 Avenue SW

407 40 Avenue SW offers a deep, private Elbow Park riverfront lot with strong proportions for a custom luxury residence. With offers due July 16, buyers have a short window to secure one of Calgary’s rare inner-city riverfront building opportunities.

Offered at $2,500,000, 407 40 Avenue SW is a beautifully proportioned Calgary riverfront lot located in the prestigious community of Elbow Park. The property offers approximately 62 feet of river frontage and more than 170 feet of depth, creating a generous build envelope for a custom luxury home that connects directly to the natural river setting. With a south-facing backyard, mature tree coverage across the riverbank, and a deep urban retreat feel, this lot is ideal for buyers who want a private inner-city estate site with strong architectural potential.


Offers are requested on or before 8:00 AM MST on July 16, 2026, creating a short and defined window for buyers to act. This is the type of Elbow River lot where thoughtful design will be essential, from positioning the home to capture sunlight and river views to creating outdoor living areas that feel private, calm, and connected to nature. Precedent Developments can support interested buyers through the early planning process, including custom home feasibility, design direction, construction budgeting, and understanding how to turn this rare Calgary riverfront parcel into a long-term legacy residence.

Key Details

Price

$2,500,000

Size

9,644 sq. ft.

River Frontage

62 ft.

Closing Date

July 16, 2026 at 2:00:00 p.m.

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Other Available Lots

View the other remaining available lot below

409 40 Avenue SW

The largest estate parcel in the collection, 409 40 Avenue SW offers nearly half an acre of riverfront land with approximately 111 feet along the Elbow River. With offers due July 14, this is the first and most immediate opportunity for buyers seeking a landmark Calgary luxury home site.

708 Riverdale Avenue SW

Set along one of Calgary’s most desirable residential streets, 708 Riverdale Avenue SW offers approximately 75 feet of Elbow River frontage in an established luxury community. Offers are due July 20, making early planning essential for buyers looking to build a signature Riverdale Avenue custom home.

415 40 Avenue SW

415 40 Avenue SW combines generous lot size with approximately 98 feet of river frontage, creating a rare canvas for a refined Calgary estate home. With offers due July 22, this is a limited-time opportunity to pursue one of the larger parcels in the Elbow River release.

640 Riverdale Avenue SW

640 Riverdale Avenue SW offers one of the deepest sites in the collection, with approximately 62 feet of river frontage and excellent potential for a private custom home. Offers are due July 24, giving buyers a defined and short timeline to move from interest to action.

718 Riverdale Avenue SW

718 Riverdale Avenue SW is a well-proportioned riverfront lot with almost 200 feet of depth, offering a rare opportunity to build in one of Calgary’s most established luxury corridors. With offers due July 28, buyers should begin reviewing feasibility and design options now.

715 Sifton Boulevard SW

715 Sifton Boulevard SW is a unique wedge-shaped river-adjacent lot with over 200 feet of riverbank views and strong architectural potential. Offers are due July 30, making this a rare but time-sensitive opportunity for buyers looking to create a one-of-a-kind Calgary custom home.

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