The Cove Sold Prices & Sale History
Find comparable sales in The Cove. Use MLS® past sales data and comps to understand property values.
Homes sold in the last 30 days
1
Typical sale price
$673,000
Average time to sell
43 days
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The Cove Sold Data Overview
Over the past 2 years, 26 homes have sold in The Cove, Chestermere, with a median sold price of $684K. Sale prices have ranged from $534K to $900K. The typical home sells in 28 days, showing a balanced market. Homes are selling at 98.3% of their list price — very close to asking price. Median property taxes in the area run approximately $3,350 annually. The most common property types sold include Detached Single Family (19), Half Duplex (7).
Recently Sold in The Cove
1 homes sold in the last 30 days. Showing 1 of 1 • Updated April 10, 2026 at 6:54 PM
View all 26 on the map
The Cove Price Trends & Sale Statistics
See how the market is performing — prices, how fast homes are selling, and whether buyers or sellers have the advantage.
$684,000
Avg: $683,615
Range: $534,000 – $899,900
98.3%
Homes selling near asking
42 days
$374
26 homes sold
Click a property type to view its trends in the chart below:
All Property Types
(click to filter chart)2-Year Market Trends: All Property Types
(17 months)Negotiation & Cost Insights
Sold Above Asking
8%
85% sold below
Median Property Tax
$3,350/yr
Avg: $3,286
Home Size Range
1,239 – 2,565
sq ft
Price Spread
±$85,539
standard deviation
26
Homes sold (last 2 years)
10
Currently for sale
10.0
Months of Inventory (MOI)
10.0%
Absorption Rate (30d)
6
New in April 2026
1 vs 2
Sold count (last 30 vs prior 30): -50.0%
Median price: $673,000 vs $707,500 (-4.9%)
How does The Cove compare to Chestermere?
The Cove typical sale price
$673,000
1 sold in last 30 days
Chestermere typical sale price
$640,000
61 sold in last 30 days
Neighbourhood Guide: The Cove, Chestermere
Neighbourhood Overview
The Cove is a highly sought-after, established neighbourhood located on the shores of Chestermere Lake in Chestermere, Alberta. Known for its relaxed, family-friendly atmosphere, the community is defined by its beautiful lakefront setting, mature landscaping, and exclusive amenities. It offers a peaceful, slow-paced environment while maintaining convenient access to the urban conveniences of nearby Calgary.
Location
Situated on the northeast banks of Chestermere Lake, The Cove provides an idyllic waterfront setting. The neighbourhood offers straightforward access to major commuter routes, including Highway 1 and 17th Avenue SE, allowing residents to reach downtown Calgary in approximately 20 to 40 minutes depending on traffic.
Housing Character
The housing landscape in The Cove consists almost entirely of single-family detached homes, ranging from spacious bungalows to large two-storey family residences. The neighbourhood features large pie-shaped lots, walk-out basements, and highly coveted lakefront properties with private docks. With an average list price of $695,242, the area reflects a mid-range to premium market, showcasing many custom-built homes from the late 1990s and early 2000s.
Schools & Education
Families in The Cove have access to schools within the Rocky View School Division and the Calgary Catholic School District. Nearby public options include Prairie Waters Elementary School, Chestermere Lake Middle School, and Chestermere High School. For Catholic education, students can attend Our Lady of Wisdom for elementary grades and St. Gabriel the Archangel for junior and senior high.
Transit & Access
While The Cove is primarily a car-dependent neighbourhood, residents can utilize the Chestermere Transit Link for public transportation. This service acts as an extension of Calgary's MAX Purple Line, operating during morning and evening peak commuter hours to connect Chestermere directly to Calgary's transit network.
Shopping & Dining
Residents of The Cove are just a short drive from central Chestermere's commercial areas, which offer grocery stores, pharmacies, local eateries, and professional services. For larger retail trips and diverse dining options, the East Hills Shopping Centre on the eastern edge of Calgary is quickly accessible via 17th Avenue SE.
Parks & Recreation
Outdoor recreation is a cornerstone of the community, highlighted by Cove Park, which features a unique residents-only sandy beach and a nautical-themed natural playground. Chestermere Lake itself provides year-round activities, including boating, fishing, and paddleboarding in the summer, as well as ice skating and ice fishing during the winter. The neighbourhood also includes local pickleball courts and scenic walking pathways.
Lifestyle & Community
Life in The Cove is tranquil and recreation-focused, appealing to families, professionals, and downsizers who desire a lakeside lifestyle. The community is tight-knit and active, with residents frequently enjoying water sports, beach picnics, and walking along the scenic lakeside trails. With homes spending 42 days on the market, it remains a stable and highly desirable destination for those seeking a quiet retreat.
Explore nearby neighbourhoods
Compare nearby sold markets around The Cove.
More neighbourhoods in Chestermere
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Frequently Asked Questions
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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.
Mortgage values are calculated by hômm and are provided for estimate purposes only.
The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.
Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).
Listing information last updated on April 11, 2026 at 8:00 pm (America/Edmonton)
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