4517 40 Avenue S
Active Listing

4517 40 Avenue S

4517 40 Avenue S, Lethbridge

keyboard_arrow_down
5Bedrooms
3.0Bathrooms
$839,900Price
2,186Sq Ft

Discover exceptional living in this brand-new, fully finished five-bedroom, three-bathroom executive residence in the sought-after community of Southgate built by the amazing Grizzly Ridge.

format_quote

Discover exceptional living in this brand-new, fully finished five-bedroom, three-bathroom executive residence in the sought-after community of Southgate built by the amazing Grizzly Ridge. Offering a rare TRIPLE CAR ATTACHED GARAGE this home provides unparalleled space for vehicles, recreation, hobbies, or the ultimate private retreat—whether a workshop, collector’s showcase, or future golf simulator lounge. The main level spans an impressive 1,398 sq. ft., thoughtfully designed for both refined entertaining and comfortable daily living. A soaring vaulted ceiling, expansive windows, and a gorgeous gas fireplace with custom built-in shelving create a bright yet inviting great room atmosphere. The spacious eat-in kitchen and dining area seamlessly connect to the future rear deck, ideal for effortless indoor-outdoor gatherings. There is also a versatile flex room offers the perfect setting for a private office, library, or playroom, while two generous bedrooms and a beautifully appointed four-piece bath complete the level. Privately positioned on the upper floor, the primary suite is a true retreat boasting an impressive 717.37 sq. ft., featuring a spa-inspired ensuite with tiled glass shower, freestanding soaker tub, double vanity, and walk-in closet, all elevated by elegant tray-ceiling detailing and designer lighting. The fully developed lower level (1213.78 sq. ft.) extends the home’s lifestyle appeal with a spacious recreation area, wet bar, and a second fireplace with custom built-ins—perfect for entertaining or relaxed family evenings. Two additional bedrooms and a luxurious five-piece bathroom provide ideal accommodation for guests, teens, or multigenerational living. With no additional new construction for Grizzly Ridge anticipated until later this year, this move-in-ready home represents a limited and highly desirable opportunity to secure brand-new luxury in one of the area’s most coveted neighborhoods.

Interactive Experience

Virtual Tour

Navigate through every room from anywhere in the world.

Virtual tour

Refined Amenities

Curated features for a sophisticated lifestyle.

stars

Bar

stars

Bookcases

stars

Built-in Features

stars

Closet Organizers

stars

High Ceilings

stars

Kitchen Island

Specifications

Property Details

Property TypeResidential
Property SubtypeDetached
Style2 Storey
StructureHouse
Transaction TypeFor Sale
New Construction1
Bedrooms5
Full Bathrooms3
Living Area2,186 sq ft
Living Area (m²)203.0 m²
Lot Size6,069 sq ft
Lot Acres0.1400
Year Built2025
LevelsTwo
Garage Spaces3
Parking Total6
Parking FeaturesConcrete Driveway,Double Garage Attached,Garage Door Opener,Garage Faces Front,Off Street,Parking Pad,Single Garage Attached
Fireplaces2 (Basement,Family Room,Gas,Mantle)
HeatingForced Air,Natural Gas
CoolingCentral Air
FlooringCarpet,Tile,Vinyl
AppliancesBuilt-In Oven,Central Air Conditioner,Dishwasher,Microwave Hood Fan,Refrigerator,Stove(s)
Interior FeaturesBar,Bookcases,Built-in Features,Closet Organizers,High Ceilings,Kitchen Island,Open Floorplan,Pantry,Recessed Lighting,Separate Entrance,Soaking Tub,Stone Counters,Storage,Sump Pump(s),Tray Ceiling(s),Vaulted Ceiling(s),Walk-In Closet(s)
LaundryLaundry Room,Upper Level
BasementFull
Basement DevelopmentFinished
Basement FeaturesNone
RoofAsphalt Shingle
ConstructionComposite Siding,Mixed,Stone
FoundationPoured Concrete
Exterior FeaturesPrivate Entrance,Private Yard
FencingNone
Patio / PorchDeck
Lot FeaturesFront Yard,No Neighbours Behind,Rectangular Lot
Unit ExposureS
Price / Sq Ft$384.16
Annual Taxes$2,097 (2025)
ZoningR-L
PossessionImmediate,Negotiable
Occupant TypeNew; Never Occupied
Title / LandFee Simple
InclusionsFridge, stove, dishwasher, OTR microwave, BI oven, garage door opener & remote, A/C
Days on Market54
ListedFebruary 5, 2026
NeighbourhoodSouthgate
MLS NumberA2284191
The Location

Southgate

4517 40 Avenue S, Lethbridge, Alberta, T1K 8G2

Park
Playground
Schools Nearby
Shopping Nearby
mapOpen in Maps
Your Luxury Real Estate Specialist

Inquiries & Private Showings

Spencer Rivers

Calgary luxury real estate specialist. Whether you are looking to buy, sell, or simply want more information about this property, I am here to help.

Listing courtesy of Century 21 Foothills South Real Estate.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $2,097. Contact Spencer Rivers for the most recent assessment documents.
Is a private viewing available?expand_more
Yes, private viewings are available by appointment. Contact Spencer Rivers at 403-966-9237 or visit our contact page to schedule a showing.
What is the listing status?expand_more
This property is currently Active. MLS A2284191. Listed February 5, 2026. Listed by Century 21 Foothills South Real Estate.

Ask About This Property

Get in touch with Spencer Rivers for a private showing, detailed floor plans, or more information about this listing.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board (CREB). 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. Data last updated: April 5, 2026.