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Recently Sold Homes in Riviera, Cochrane

Find comparable sales in Riviera. Use MLS® past sales data and comps to understand property values.

Homes sold in the last 30 days

6

Typical sale price

$834,950

Average time to sell

24 days

Data last updated: 5 hours ago

Whether you're looking for condos sold in Riviera, townhouse prices, or single-family homes — we have the MLS® sold data for every property type including duplexes, bungalows, and luxury properties.

Our Riviera sold data shows what buyers actually paid. Compare prices by property type, find your perfect comp, and understand the true market value of homes in this area.

Riviera Sold Data Overview

Over the past 2 years, 28 homes have sold in Riviera, Cochrane, with a median sold price of $835K. Sale prices have ranged from $735K to $1.18M. The typical home sells in 35 days, suggesting buyers have time to negotiate. Homes are selling at 98.9% of their list price — very close to asking price. Median property taxes in the area run approximately $4,871 annually. The most common property types sold include Detached Single Family (24), Half Duplex (4).

Recently Sold in Riviera

6 homes sold in the last 30 days. Showing 6 of 6 • Updated April 10, 2026 at 6:26 PM

View all 28 on the map
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Riviera Price Trends & Sale Statistics

See how the market is performing — prices, how fast homes are selling, and whether buyers or sellers have the advantage.

Median Sold Pricen=28

$834,950

Avg: $867,439

Range: $735,000$1,183,900

Sold % of Askingn=28

98.9%

Homes selling near asking

Avg Time to Selln=10(3-mo avg)

60 days

Buyer's Market
3-mo avg
Avg $/Sqftn=28

$429

28 homes sold

Click a property type to view its trends in the chart below:

All Property Types

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2-Year Market Trends: All Property Types

(15 months)
$1077k$911k$745k
J
J
D
F
M
A
M
J
A
O
N
D
F
M
A
Jun 2024: $858,750-5.2% changeApr 2026: $814,000

Negotiation & Cost Insights

Sold Above Asking

4%

93% sold below

Median Property Tax

$4,871/yr

Avg: $4,904

Home Size Range

1,1632,801

sq ft

Price Spread

±$110,573

standard deviation

28

Homes sold (last 2 years)

13

Currently for sale

2.2

Months of Inventory (MOI)

46.2%

Absorption Rate (30d)

0

New in April 2026

6 vs 4

Sold count (last 30 vs prior 30): +50.0%

Median price: $834,950 vs $781,250 (+6.9%)

How does Riviera compare to Cochrane?

Riviera typical sale price

$834,950

6 sold in last 30 days

Cochrane typical sale price

$581,250

106 sold in last 30 days

Neighbourhood Guide: Riviera, Cochrane

Neighbourhood Overview

Riviera is a premium, nature-oriented neighbourhood situated within the master-planned community of Riversong in Cochrane, Alberta. Nestled along the banks of the Bow River, this tranquil enclave blends luxury living with the rugged beauty of the surrounding landscape. Known for its secluded, picturesque environment that often draws comparisons to Canmore, Riviera offers a quiet retreat with easy access to modern conveniences. The local real estate market reflects its premium positioning, with a median sold price of $834,950 and 28 homes sold over the past 12 months.

Location

Located on the southern side of the Bow River, Riviera is accessed via Cowboy Trail (Highway 22) and River Heights Drive. Its prime position in the river valley provides a natural buffer from highway and city noise, while the nearby Jack Tennant Memorial Bridge ensures a quick and direct route into downtown Cochrane. Residents also enjoy convenient access for commuting eastward to Calgary or westward to the Rocky Mountains.

Housing Character

The architectural landscape in Riviera is dominated by premium single-family detached homes, characterized by Modern, Craftsman, and Rocky Mountain Craftsman exterior designs. Properties are meticulously built to harmonize with the natural surroundings, with many homes backing directly onto the riverfront or a 40-hectare forested escarpment. The neighbourhood highlights spacious layouts and high-end finishes, currently commanding an average sold price of $867,439 and an average price per square foot of $429.

Schools & Education

Families in Riviera are well-served by schools within both the Rocky View Schools and Calgary Catholic School District. Bow Valley High School (Grades 9-12) is conveniently located just up the hill within the broader Riversong community, while the nearby Fireside School provides modern K-8 education. Additional public, Catholic, and French immersion options are easily accessible via school bus routes operating throughout Cochrane.

Transit & Access

Public transportation is provided by the Cochrane On-Demand Local Transit (COLT) system. This app-based transit service allows residents to easily book rides from local neighbourhood stops to key destinations across town, including schools, commercial hubs, and downtown Cochrane. COLT also facilitates regional commuting by offering connection points to the Calgary Transit network.

Shopping & Dining

While Riviera maintains a peaceful, purely residential atmosphere, urban amenities are just a short drive away. Residents can easily cross the bridge to access Cochrane's Historic Downtown, which boasts a vibrant mix of locally owned boutiques, cafes, grocery stores, and essential services. Closer to home, the entrance of the Riversong area provides immediate conveniences, including gas stations and quick-service commercial options.

Parks & Recreation

Riviera is an outdoor enthusiast's dream, featuring immediate access to the Bow River and a sprawling 100-acre natural reserve. The community is woven with over four kilometres of paved pathways and walking trails that connect to the broader Bow River Pathway system. Additionally, a pedestrian bridge offers active residents direct walking or cycling access across the river to the Spray Lake Sawmills Centre for extensive indoor sports and recreation.

Lifestyle & Community

Life in Riviera is defined by its deep connection to nature and a tranquil, slow-paced atmosphere. Residents frequently enjoy spotting local wildlife, walking along the riverbanks, and taking advantage of the preserved environmental reserves. It is a highly sought-after community for professionals, growing families, and downsizers who desire a quiet, active, and luxurious mountain-town lifestyle without sacrificing urban accessibility.

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Frequently Asked Questions

The median sold price in Riviera is $834,950 based on 28 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Website provided by Kelly Grant

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 12:00 am (America/Edmonton)

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