A Rare Canvas: Monumental Mountain Estate with Unlimited Potential. Set on two expansive lots within a quiet cul-de-sac just steps from the iconic Fairmont Banff Springs Hotel, this 5,123 square foot residence stands as a rare and remarkable opportunity in the heart of Banff. With architecture and craftsmanship that echo the grandeur of the Castle in the Rockies, the home feels like an extension of the Banff Springs itself—showcasing exquisite stonework, soaring vaulted ceilings, and a dramatic central fireplace tower that rises through all levels of the home. Oversized windows frame panoramic views of the surrounding peaks and the serene Bow River valley, while a series of generous outdoor living areas invite seamless connection with Banff’s alpine beauty. Inside, the layout includes four bedrooms, four-and-a-half bathrooms, and a dedicated spa sanctuary complete with built-in hot tub and sauna—offering peaceful retreat after a day exploring the wilderness. But this estate is more than a luxurious mountain home—it’s a rare canvas with the potential to become one of the most spectacular legacy residences in the Bow Valley. The structure and lot configuration offer exceptional bones for a visionary transformation, whether elevating the existing layout or reimagining it entirely. A proposed design includes reconfiguring a portion of the main level into a self contained two bedroom legal suite with its own entrance and driveway, yielding an eight bedroom luxury compound with six bedrooms in the main home, including two stunning primary suites, and a private two-bedroom revenue or guest legal suite. Zoned for multifamily use and with discretionary opportunity to operate as a bed and breakfast, this property also presents a rare investment opportunity in a town where land is scarce. Whether your dream is a secluded mountain retreat, a multi-generational compound, or an income-generating luxury lodge, this estate offers unmatched potential—all just moments from Banff’s shops, trails, and historic charm. Homes of this scale, location, and flexibility are almost never available. This is your chance to shape a true alpine masterpiece.