Calgary Flames Penthouse Price Slashed by $2 Million

A significant piece of Calgary Flames history is now available for purchase, with a notable price reduction of $2 million. The penthouse, which has been owned by Harley and Rebecca Hotchkiss, is listed at $7,500,000, down from its original asking price of $9,500,000. Situated at 1201, 690 Princeton Way SW, this property has never been on the market before.

Harley Hotchkiss was a pivotal figure in Calgary’s sports landscape. In 1980, he was one of six local businessmen who successfully purchased and relocated the NHL’s Atlanta Flames franchise to Calgary. Hotchkiss also played a crucial role in the construction of the Scotiabank Saddledome, a cornerstone of the city’s sports culture. He passed away in 2011 at the age of 83.

The penthouse, custom-built in 2002, boasts nearly 5,000 square feet of living space along the Bow River, directly across from Prince’s Island Park. It features two bedrooms and six bathrooms, offering ample room for both relaxation and entertainment.

Architectural Elegance and Luxurious Design

Designed by Gibbs Gage Architects, the penthouse showcases a mix of sophisticated architectural elements and refined interior design curated by Arthur Fishman. The property occupies the southwest side of the building’s top three floors. Notable features include an elegant oval staircase and a breakfast nook that is flooded with natural light from east, south, and west-facing windows.

The main bedroom provides a luxurious retreat, complete with two sets of doors leading to a French terrace, a cozy fireplace, and a library sitting area designed for quiet contemplation. The east wing of the penthouse accommodates generous guest quarters, designed for comfort with space for two double beds and an adjoining ensuite featuring a soaking bathtub and a stylish vanity.

Adding to its allure, the property includes exterior living space, bringing the total area to over 5,500 square feet. The interior design elements and millwork are inspired by the opulence of the Château de Versailles, making this residence an extraordinary find.

Stunning Views and Market Context

The penthouse offers breathtaking views of the Peace Bridge and Bow River, making it a highly desirable location for potential buyers. The real estate market in Calgary continues to evolve, with this listing reflecting current trends in luxury living.

Prospective buyers interested in this unique property can find the listing through Coldwell Banker Mountain Central. As Calgary’s real estate landscape remains competitive, those seeking high-end homes may also want to explore other in-demand neighborhoods within the city.

This penthouse represents not only a luxurious residence but also a significant chapter in Calgary’s sporting heritage. With its rich history and exquisite design, it stands as a remarkable opportunity for discerning buyers.