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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

Typical sale price

Average time to sell

Data last updated: 4 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, 31 homes have sold in Riviera, Cochrane, with a median sold price of $832K. Sale prices have ranged from $735K to $1.18M. The typical home sells in 40 days, suggesting buyers have time to negotiate. Homes are selling at 98.7% of their list price — very close to asking price. Median property taxes in the area run approximately $4,886 annually. The most common property types sold include Detached Single Family (25), Half Duplex (5), Townhouse (1).

Recently Sold in Riviera

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

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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=31

$832,000

Avg: $869,676

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

Sold % of Askingn=31

98.7%

Homes selling near asking

Avg Time to Selln=9(3-mo avg)

60 days

Buyer's Market
3-mo avg
Avg $/Sqftn=31

$432

31 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

(16 months)
$1077k$911k$745k
J
D
F
M
A
M
J
A
O
N
D
F
M
A
M
J
Jul 2024: $820,000-3.9% changeJun 2026: $788,425

Negotiation & Cost Insights

Sold Above Asking

3%

94% sold below

Median Property Tax

$4,886/yr

Avg: $4,895

Home Size Range

1,1632,801

sq ft

Price Spread

±$119,231

standard deviation

31

Homes sold (last 2 years)

17

Currently for sale

Months of Inventory (MOI)

Absorption Rate (30d)

2

New in July 2026

0 vs 5

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

Median price: $0 vs $795,000 (-100.0%)

How does Riviera compare to Cochrane?

Riviera typical sale price

No recent sales

No sales in the last 30 days

Cochrane typical sale price

$593,125

84 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 $832,000 and 31 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 $869,676 and an average price per square foot of $432.

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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See active MLS® listings in Riviera

17 active MLS® listings · $919,900 median. See what's on the market today.

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Frequently Asked Questions

The median sold price in Riviera is $832,000 based on 31 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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