On Wednesday, a luxurious home described as a ‘French castle’ has set a record for the highest ever MLS sale price in Calgary as the property in Aspen Woods sold for $10.35 million.
The two-storey home, listed by realtor Corinne Poffenroth, was built in 2010 and had a list price of $11.495 million.
It was originally listed in July 2011 at $12 million.
The sale dominates the previous record high of $10.3 million in August 2009 when the two-storey home, in Elbow Park/Glencoe, of former Calgary Flames goaltender Mike Vernon was sold.
The buyers of the French castle are Larry and Kristi Lindholm. Larry is an oil industry executive in Calgary.
The luxury home market has been exceptionally strong in the past year or so with sales placing a yearly record in 2012 and activity continuing at a healthy pace so far this year.
The continued strength of the luxury market is an indicator of business confidence growing in the city, said Don Campbell, senior analyst and founding partner of the Real Estate Investment Network.