Southeast Calgary

Lake Bonavista Estates
Homes For Sale

Discover homes for sale in Lake Bonavista Estates — the bigger-lot, executive sister community to original Lake Bonavista. Built around Lake Bonaventure with shared HOA access to both lakes.

Last Updated: June 30, 2026

Lake Bonaventure

MLS Listings · Updated Daily

Lake Bonavista Estates Homes For Sale

Lake Bonavista

Detached

Price on inquiry

Lake Bonavista Estates Detached

4 Beds|3 Baths|2,150 SqFt

Lake Bonavista

Townhome

Price on inquiry

Lake Bonavista Estates Townhome

3 Beds|2.5 Baths|1,520 SqFt

Lake Bonavista

Condo

Price on inquiry

Lake Bonavista Estates Condo

2 Beds|2 Baths|980 SqFt

Lake Bonavista

Detached

Price on inquiry

Lake Bonavista Estates Detached

3 Beds|2.5 Baths|1,820 SqFt

Lake Bonavista

Townhome

Price on inquiry

Lake Bonavista Estates Townhome

2 Beds|2.5 Baths|1,340 SqFt

Lake Bonavista

Condo

Price on inquiry

Lake Bonavista Estates Condo

1 Beds|1 Baths|720 SqFt

Quadrant

Southeast

City

Calgary, AB

Province

Alberta

Country

Canada

About Lake Bonavista Estates

Lake Bonavista Estates is the older Bonavista community's quieter, leafier sibling — the one that built itself around the second lake. While original Lake Bonavista went up in 1968 around the big lake on the north side of Acadia Drive, the Estates went in just a few years later around Lake Bonaventure, the smaller private lake tucked south between Bonaventure Drive and Bonaventure Way. Same lake-access HOA, same year-round resident perks — bigger lots, more privacy, and a slightly more "tucked-in" feel.

Visually, the Estates plays differently than its older neighbour. Lake Bonavista proper is a mid-century time capsule of 1,200-1,500 sq ft bungalows on 50-60 foot lots, many of them now being torn down and rebuilt as modern infills. The Estates, by contrast, was designed for the 70s upgraders: two-storeys on 70-80 foot lots, lots of brick and cedar, walk-out basements where the topography allows, and far more curving streets than the grid up the road. It's the kind of layout that confuses GPS the first time you visit and feels like a secret the third time.

The shared HOA — the Lake Bonavista Community Association — gives Estates residents private access to both lakes for swimming, paddling, fishing, sailing lessons, and winter skating. That dual access is genuinely rare in Calgary; most lake communities have one lake, and that's it. Add the 60+ year-old elms, the quiet evening dog-walks around Bonaventure, and a community hall that's been hosting the same families' kids and grandkids for three generations, and you start to understand why turnover here is glacial.

Schools are shared with the broader Bonavista area: Lake Bonavista School (CBE, K-4), Holy Family Catholic School (CCSD), Andrew Sibbald (CBE, 5-9), Lord Beaverbrook High School (CBE, 10-12), and Bishop Grandin High School (CCSD, 10-12). For families, the appeal is the well-rated CBE catchment paired with two safe, traffic-calmed lakeside parks within strolling distance.

Prices in the Estates typically run a touch higher than original Lake Bonavista — expect $825K-$1.2M for an updated original two-storey, $1.3M-$1.9M for a fully renovated executive home, and $2M+ for new custom infills on the bigger pie-shaped lots backing the lake or pathway. Inventory is famously thin: in a typical month the entire Estates may have 4-7 active listings, and the pie-lot homes off Bonaventure Drive sometimes go in days. If you're targeting the Estates specifically, set up an alert — the right one rarely advertises itself for long. Compare to original Lake Bonavista, Mahogany, and Auburn Bay.

Frequently Asked

Lake Bonavista Estates FAQs

What's the difference between Lake Bonavista and Lake Bonavista Estates?

Lake Bonavista (1968) was the original development around the big north lake and is mostly mid-century bungalows on 50-60' lots. Lake Bonavista Estates (early 1970s) was built around the smaller south lake — Lake Bonaventure — with bigger 70-80' lots, mostly two-storeys, and a more curving street layout. Both share the same Lake Bonavista Community Association and both get private lake access to both lakes.

Do Estates residents get access to both lakes?

Yes — that's the Estates' quiet superpower. Membership in the Lake Bonavista Community Association covers year-round access to both Lake Bonavista and Lake Bonaventure: swimming, sailing lessons, paddleboarding, fishing, and ice skating in winter. Most Calgary lake communities have a single lake. Bonavista has two, and the HOA fee is one flat annual rate.

What are typical home prices in Lake Bonavista Estates?

Original two-storeys with updates typically run $825K-$1.2M. Fully renovated executive homes sit in the $1.3M-$1.9M range. New custom infills on pie-shaped or lake-backing lots run $2M+. Inventory is thin — the Estates often shows fewer than 8 active listings in a given month, and the well-located ones move quickly.

What schools serve the Estates?

Lake Bonavista School (CBE, K-4) is the main public elementary, with Andrew Sibbald (CBE, 5-9) handling middle years. Lord Beaverbrook High School (CBE) is the public high school. Catholic options: Holy Family (CCSD, K-9) and Bishop Grandin High School (CCSD, 10-12). Trico Centre and Avenida Place are 5 minutes away for rec and shopping.

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