5002 55th Street 501 Red Deer, AB T4N 7A4
Listing Courtesy of: PILLAR 9 - IDX / Listed By: Shelly James, Coldwell Banker Ontrack Realty Red Deer

  5002 55th Street 501 Red Deer, AB T4N 7A4

Active (9 Days)
$1,143,025 (USD)
3
BED
3
BATH
5,209
SQFT

Description

A rare offering of uncompromising luxury, this extraordinary signature penthouse residence at Elements at the River is one of Red Deer’s most prestigious homes. Perfectly positioned along the banks of the Red Deer River, this remarkable residence blends timeless elegance with contemporary sophistication, creating an unparalleled lifestyle reserved for the discerning buyer.

Encompassing over 5,300 sq. ft. of impeccably designed living space, the residence is framed by dramatic floor-to-ceiling windows that capture sweeping views of the Red Deer River, panoramic city views, and the surrounding landscape. Every detail has been thoughtfully curated, offering an exceptional balance of luxury, comfort, and architectural beauty. Featuring three spacious bedrooms, three bathrooms, a private office, and four private balconies, this home is truly without comparison in Central Alberta.

Designed with entertaining in mind, the spectacular chef’s kitchen is the centrepiece of the home, showcasing custom walnut cabinetry, dual quartz islands for preparation and gathering, premium Wolf appliances, a Sub-Zero refrigerator, and a walk-in pantry. A formal dining room, casual dining area, and an impressive entertaining bar complete with wine refrigerators, dishwasher, cappuccino maker, and a private wine room, creating an unforgettable setting for hosting family and guests.

The grand open-concept living room is anchored by a striking floor-to-ceiling fireplace, creating a warm yet sophisticated setting for everyday living and entertaining. Floor-to-ceiling windows frame breathtaking views of the Red Deer River, panoramic city views, and the surrounding landscape, while four private balconies provide exceptional outdoor living spaces to enjoy the ever-changing scenery.

The primary suite is a luxurious private retreat, featuring a spacious sitting area, private terrace, double-sided fireplace, and an exquisite spa-inspired ensuite with a freestanding soaker tub, fully tiled walk-in shower, and dual vanities. Designed as a true sanctuary, it offers complete privacy, comfort, and sophistication.

Residents enjoy exclusive access to a private fitness centre within this boutique, adult-only building. With only 10 residential suites in the five-storey tower, Elements at the River offers exceptional privacy, security, and prestige. Four heated, secure underground parking stalls and two private storage units complete this exceptional package.

More than a residence, this is a legacy property—an exceptional expression of luxury, craftsmanship, and refined living, offering an unparalleled opportunity to own one of Red Deer’s most iconic penthouse homes.

MLS®:
A2330717
Type
Single-Family Home
Year Built
2013
Style
Apartment-Penthouse
Views
Views
County
Red Deer County

Listed By

Shelly James, Coldwell Banker Ontrack Realty Red Deer
Source
PILLAR 9 - IDX
Last checked Aug 13 2026 at 6:43 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
  • Half Bathroom: 1
Interior Features
  • Appliances : See Remarks
  • Laundry/Utility Room : Laundry Room
  • Laundry/Utility Room : In Unit
  • Built-In Features
  • Closet Organizers
  • Double Vanity
  • Granite Counters
  • High Ceilings
  • Kitchen Island
  • No Smoking Home
  • Open Floorplan
  • Pantry
  • Soaking Tub
  • Storage
  • Walk-In Closet(s)
  • No Animal Home
  • Wet Bar
  • Elevator
  • Recreation Facilities
Subdivision
  • Railyards
Lot Information
  • Views
  • Low Maintenance Landscape
Property Features
  • Fireplace: Gas
  • Fireplace: Living Room
  • Fireplace: Masonry
  • Fireplace: See Through
  • Fireplace: Total Fireplace(s) : 2 Double Sided
  • Fireplace: Primary Bedroom
Heating and Cooling
  • Natural Gas
  • Central Air
Condo Information
  • Fees: $1580
Flooring
  • Hardwood
  • Tile
Exterior Features
  • Roof: Other
Parking
  • Underground
  • Parking Space(s) : 4
Living Area
  • 5,209 sqft
Location
   
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Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.