Opportunities like this are exceptionally rare. Located on a coveted cul-de-sac in Briar Hill / Hounsfield Heights, this 11,991 SQ FT R-CG zoned parcel is one of the largest lots on the Crescent & offers what luxury buyers value most: scale, views, prestige positioning, & exceptional design potential.Set directly across from greenspace w/ prized front exposure, the property captures beautiful natural light throughout the day while enjoying stunning river valley & skyline views from its elevated position. The quiet cul-de-sac setting enhances privacy & exclusivity, a combination increasingly difficult to find in NW Calgary’s inner city. The surrounding streetscape has already transitioned to architecturally striking luxury estate homes featuring front attached garages, upper balconies, & expansive outdoor living spaces designed to maximize views. This parcel fits seamlessly into that evolution & offers the depth & presence required for a truly signature build.What sets this opportunity apart is that it is not just land. It includes a fully functional, comfortable home you can also live in or rent out while thoughtfully planning your dream residence. The existing home offers 3 beds, 2 baths, a full rec room, & a basement wet bar that previously functioned as a second kitchen & unauthorized rental accommodation, & could be converted to a legal suite w/ proper permits. Whether you choose to live in the home while finalizing your architectural plans, generate rental income, or hold as a strategic investment, the flexibility offered by this property is real & valuable.Significant updates have already been completed, offering buyers peace of mind during their planning horizon. Newly refinished hardwood floors, fresh interior paint, a new furnace, a recently replaced hot water tank, & updated kitchen taps reduce the risk of unexpected major expenses & allow you to focus your capital on the future build.With approx. .28 of an acre, this lot provides outstanding flexi bility for a substantial new home footprint while preserving meaningful outdoor space. The natural topography lends itself beautifully to a walkout lower level, tiered landscaping, & elevated terraces that fully capture the City's skyline & valley views. Upper floors here are where the magic happens, & this site is positioned to take full advantage.Beyond the property itself, Briar Hill remains one of NW Calgary’s most established & elevated inner-city communities. Minutes to DT, SAIT, the U of C, Children's & Foothills Hospitals. Walking distance to Briar Hill School & Queen Elizabeth High School. Close to Lions Park LRT, Kensington Village, North Hill Centre, restaurants, cafés & extensive green corridors.This is more than a redevelopment lot. This large-scale property delivers magnificent views in one of the City's best locations, combined with a move-in-ready, comfortable home that gives you all the time, flexibility, and confidence you will need to build something truly exceptional in the future. (id:6769)