506 38 Avenue SW in Calgary: Elbow Park Detached for sale : MLS®# A2323877
Elbow Park
Welcome to Elbow Park, one of Calgary’s most historic and prestigious residential neighborhoods,
celebrated for its elegant homes, mature tree-lined streets, and vibrant community spirit.
Historic Significance
Established in 1910 and annexed by the City of Calgary in 1907, Elbow Park stands as one of the city’s oldest communities, rich in heritage and architectural charm.
Architectural Elegance
The neighborhood showcases a blend of historic and modern residences, with many original early 20th-century homes meticulously preserved or tastefully renovated, reflecting a commitment to maintaining its unique character.
Proximity to Downtown
Situated just 3 kilometers from Calgary’s downtown core, Elbow Park offers residents the tranquility of suburban living with the convenience of easy access to urban amenities, including shopping, dining, and entertainment venues.
Educational Excellence
The community is served by reputable schools, including Elbow Park Elementary and William Reid Bilingual Elementary, providing quality education options for families.
Recreational Amenities
Elbow Park boasts a variety of recreational facilities, including playgrounds, skating rinks, tennis courts, and proximity to River Park and Stanley Park, offering residents ample opportunities for outdoor activities and leisure.
Active Community Association
The Elbow Park Residents Association, established in 1930, is the oldest community association in Calgary. It actively organizes events and programs that foster a strong sense of community and engagement among residents.
Charming character bungalow in prestigious Elbow Park, beautifully situated on a large corner lot along 38 Avenue SW. Rich in history and filled with timeless charm, this special property has been a gathering place for generations. Set on prime bottomland with fertile soil and exceptional south and east exposure, the home enjoys abundant natural light from sunrise to sunset, while the valley location offers a sheltered microclimate from prevailing winds. The location is outstanding—just steps to river pathways, highly regarded schools including Elbow Park School, downtown Calgary, restaurants, shopping, the Glencoe Club + the Elbow Park Community Centre with tennis courts, playground + seasonal skating rink. This is a rare opportunity to own a substantial lot in one of Calgary’s most sought-after inner-city neighborhoods. The property consists of two titled lots (see Title and RPR), with the bungalow situated on the west parcel. A long private driveway leads to a historic grandfathered wood garage, while a renovated former garage has been transformed into a versatile studio, nursery, or private office complete with its own walled patio + garden retreat. The expansive grounds are framed by mature hedges, English gardens, and towering evergreens, creating exceptional privacy + a beautiful natural setting. Inside, the home showcases hardwood floors, high ceilings, original details + a remarkably functional layout that lives larger than its footprint. Large windows fill the living and dining areas with natural light, while an original fireplace and charming piano nook add warmth and character. The inviting front porch overlooks the sunny gardens and quiet tree-lined street. The updated east-facing kitchen features newer cabinetry, a Kohler cast-iron farmhouse sink, JennAir electric stove + a 32-inch Vent-A-Hood range hood. Farrow & Ball paints + wallpaper enhance the home's timeless appeal. Three bedrooms + a beautifully preserved bathroom with an upgraded sink + the original claw-foot tub complete the main level. Numerous upgrades have been completed over the years, including replacement of all knob-and-tube wiring, new plumbing + a high-efficiency furnace. Three heat sources remain available: the historic tiled fireplace insert, original 1916 steam boiler + modern furnace system. A unique bonus is the attic, with ceiling heights exceeding seven feet at the peak and a large south-facing window, offering excellent potential for future development. The unfinished basement retains its historic character with original utility spaces including the former coal + wood room, cold storage area, laundry room, office nook + workshop. Original storm windows + authentic tin tile detailing in the historic garage further preserve the remarkable heritage of this truly special Elbow Park property.
Data was last updated August 14, 2026 at 06:05 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$1,900,000
Min list price:
$849,900
Max list price:
$3,399,900
Avg days on market:
51
Min days on market:
1
Max days on market:
171
Avg price per sq.ft.:
$770.18
These statistics are generated based on the current listing's property type
and located in
Elbow Park. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Elbow Park seamlessly combines historic charm with modern conveniences, offering a unique living experience characterized by elegance, community spirit, and accessibility. Its rich heritage, active community involvement, and proximity to both natural landscapes and urban centers make it a highly desirable neighborhood for discerning homeowners.
Experience the Elbow Park Lifestyle
Living in Elbow Park means being part of a community that values tradition, quality of life, and neighborly connections. Whether you’re enjoying a leisurely stroll along the Elbow River, participating in community events, or exploring nearby urban amenities, Elbow Park provides a distinguished and fulfilling living experience for all its residents.