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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

Typical sale price

Average time to sell

Data last updated: 6 hours ago

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See homes sold in the last 30 days, review sold history, and understand pricing trends. From bungalows sold to townhouse sold prices — get the complete The Cove picture with up to 2 years of recent sales.

The Cove Sold Data Overview

Over the past 2 years, 27 homes have sold in The Cove, Chestermere, with a median sold price of $695K. Sale prices have ranged from $534K to $1.65M. The typical home sells in 32 days, suggesting buyers have time to negotiate. Homes are selling at 97.6% of their list price — below asking price on average. Median property taxes in the area run approximately $3,360 annually. The most common property types sold include Detached Single Family (21), Half Duplex (6).

Recently Sold in The Cove

No homes have sold in The Cove in the last 30 days. Check nearby neighbourhoods or view the map for sold data in the wider area.

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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.

Median Sold Pricen=27

$695,000

Avg: $722,185

Range: $534,000$1,650,000

Sold % of Askingn=27

97.6%

Room for negotiation

Avg Time to Selln=5(3-mo avg)

44 days

Balanced Market
3-mo avg
Avg $/Sqftn=27

$376

27 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

(18 months)
$1168k$874k$580k
M
J
A
O
N
D
J25
A
M
J
J
A
O
N
D
F
M
A
May 2024: $833,000+40.2% changeApr 2026: $1,167,500

Negotiation & Cost Insights

Sold Above Asking

4%

89% sold below

Median Property Tax

$3,360/yr

Avg: $3,609

Home Size Range

1,2393,117

sq ft

Price Spread

±$199,866

standard deviation

27

Homes sold (last 2 years)

21

Currently for sale

Months of Inventory (MOI)

Absorption Rate (30d)

15

New in May 2026

0 vs 2

Sold count (last 30 vs prior 30): -100.0%

Median price: $0 vs $1,167,500 (-100.0%)

How does The Cove compare to Chestermere?

The Cove typical sale price

No recent sales

No sales in the last 30 days

Chestermere typical sale price

$597,500

42 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 $739,830, 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 44 days on the market, it remains a stable and highly desirable destination for those seeking a quiet retreat.

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21 active MLS® listings · $699,900 median. See what's on the market today.

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Frequently Asked Questions

The median sold price in The Cove is $695,000 based on 27 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.

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