Sotheby's International Realty Canada



Sotheby

February 28, 2013 20:32 ET

CORRECTION FROM SOURCE: Sale of Aspen Woods Castle Tops List of Calgary's Most Expensive Homes

Sotheby's International Realty Canada Sells $10.35-million Property in Prestigious Calgary Neighbourhood

CALGARY, ALBERTA--(Marketwire - Feb. 28, 2013) -

This press release corrects and replaces the press release sent today at 5:41 PM ET.

A 14,500 square foot castle in Aspen Woods has sold for $10,350,000, making it the largest sale in the city of Calgary to date.

Sold by Sotheby's International Realty Canada, the French Country-style castle sits atop an interior ridge on nearly one acre of land, boasting expansive grounds, exquisite landscaping, gated privacy, and utmost security and exclusivity.

Custom designed and built by Pacer Signature Homes using materials sourced from around the world, the magnificent stone-covered estate features five bedrooms, 9 bathrooms, a separate carriage house, nanny suite, grand parlor, yoga/dance studio, wine tasting room and full spa.

Designed with entertaining in mind, the grand circular foyer is bordered on either side by the sweeping cantilevered stairwell, leading to a magnificent 2-storey parlor, featuring a dazzling 8' Swarovski crystal chandelier, while the lower level of the mansion includes a home theatre complete with projection screen, starlight ceiling and leather lounge chairs and beautifully crafted wine tasting room.

Although the home was marketed locally, nationally and internationally by Sotheby's International Realty Canada and drew interest from media and prospective purchasers from around the world, the purchasers of the home, Larry and Kristi Lindholm, are well-established members of the Calgary community and local clients of Sotheby's International Realty Canada.

"This sale reflects the continued momentum and confidence that our management team is seeing in Calgary's luxury real estate market," says Ross McCredie, President and CEO of Sotheby's International Realty Canada. "Sotheby's International Realty Canada's entry into the Calgary market less than two years ago reflected our confidence in Calgary as one of the world's up-and-coming global cities for real estate. This record sale, as well as our company's growth during this short period of time, embodies that."

To view accompanying photos, visit the following links:

http://www.marketwire.com/library/20130228-Exterior_Aspen_house.jpg

http://www.marketwire.com/library/20130228-Interior_Aspen_house.jpg

Additional photos are available on request.

About Sotheby's International Realty Canada

Combining the world's most prestigious real estate brand with local market knowledge and specialized marketing expertise, Sotheby's International Realty Canada is the leading real estate sales and marketing company for the country's most exceptional properties. With offices in over 20 residential and resort markets nationwide, our professional associates provide the highest caliber of real estate service, unrivaled local and international marketing solutions and a global affiliate sales network of approximately 600 offices in more than 45 countries to manage the real estate portfolios of discerning clients from around the world.

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