501, 5002 55th Street, Red Deer, Alberta


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Square feet

About 501, 5002 55th Street

Presenting sophistication and exclusivity, this Executive Penthouse condo is masterfully designed to combine elegance with unparalleled luxury. Nestled along the banks of the Red Deer River, Elements at River’s Edge is reserved for those who seek an exclusive lifestyle. This adult-only property encompasses the utmost attention to detail and the highest quality amenities, ensuring a living experience like no other in a location. Spanning over 5,300 sq ft of opulence with expansive floor-to-ceiling windows it offers awe-inspiring views of the Red Deer River, enveloping the residence in natural beauty. Boasting two bedrooms, three bathrooms, office, and four balconies, each offering breathtaking views, it is truly unprecedented in Red Deer. The penthouse sets the scene for exceptional entertaining, highlighted by a custom-designed wet bar and an extraordinary kitchen that serves as the heart of the home. Exceptional walnut cabinetry, separate quartz prep and entertaining islands, state-of-the-art Wolf appliances, Sub-Zero refrigerator, and pantry accentuate the culinary space, offering a perfect blend of style and functionality. A formal dining room and casual dining area easily accommodates entertaining. The upscale wet bar features built-in appliances including wine fridges, dishwasher, cappuccino maker and wine room. The expansive open-plan living space leads seamlessly into the living room that boasts a floor to ceiling fireplace and is the focal point for cozy gatherings. The primary bedroom is a sanctuary of sophistication, featuring a double-sided fireplace that exudes warmth and ambiance. Indulge in the luxury of the ensuite, which boasts a full tiled bathroom, a floating tub, and dual sinks, creating a spa-like environment that is both tranquil and opulent. Residents have exclusive access to a range of amenities, including a private gym, ensuring wellness and convenience without leaving the comfort of this professional building. With only 10 residential suites within the five-story tower, this community promises an intimate living experience. The inclusion of four underground heated and secured parking spaces, along with two dedicated secured storage spaces, adds to the convenience. This executive penthouse condo is more than a residence - it's a statement of luxurious living, designed for those who seek unparalleled elegance and a connection with natural beauty, all within a prestigious and secure setting.

Features of 501, 5002 55th Street

MLS® # A2147434
Price $2,200,000
Bedrooms 2
Bathrooms 3.00
Full Baths 2
Half Baths 1
Square Footage 5,393
Acres 0.00
Year Built 2013
Type Residential
Sub-Type Apartment
Style Penthouse
Status Active

Community Information

Address 501, 5002 55th Street
Subdivision Railyards
City Red Deer
County Red Deer
Province Alberta
Postal Code T4N 7A4


Amenities Elevator(s), Fitness Center, Secured Parking, Storage
Parking Spaces 4
Parking Enclosed, Gated, Heated Garage, Insulated, Off Street, Owned, Parkade, Underground
# of Garages 4
Is Waterfront No
Has Pool No


Interior 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
Appliances See Remarks
Heating In Floor, Natural Gas
Cooling Central Air
Fireplace Yes
# of Fireplaces 2
Fireplaces Double Sided, Gas, Living Room, Masonry, Master Bedroom, See Through
# of Stories 6
Has Basement No


Exterior Features Balcony, Lighting, Private Entrance
Lot Description Low Maintenance Landscape, Views
Roof Other
Construction Concrete, Metal Frame, Other, Stone

Additional Information

Date Listed July 3rd, 2024
Days on Market 18
Zoning DC (3)
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Ontrack Realty

Listing Map

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