Silvertip Canmore Homes for Sale: Golf, Estates and Villas
What Silvertip homes for sale in Canmore cost, what the Villas are, how the golf course shapes the lots, and what the proposed gondola would mean.
- Silvertip is the most expensive neighbourhood in Canmore: average home price about $2,496,000 in August 2026 (Zolo).
- It sits on the sunny side: south-facing slopes that hold the low winter sun longer than anywhere else in town.
- The approved Silvertip development plan allows up to 1,290 resort accommodation units, a maximum of 750 residential units and up to 850 employee housing units.
- The Villas at Silvertip are Rockwood Custom Homes' bungalow and two-storey villa collections within Mountain Tranquility at Silvertip.
- A gondola to Mount Lady Macdonald is proposed but not approved. It still needs designation, an environmental assessment and municipal amendments.
Silvertip is where Canmore's estate homes are. High on the sunny north side of the valley, wrapped around a mountain golf course, it holds the biggest lots, the longest winter light and the highest average prices in town. It is also the neighbourhood with the most unbuilt plan attached to it. A resort village, employee housing and a proposed gondola, which makes it unusual among Canmore neighbourhoods: what you buy today sits inside something still being decided.
What do Silvertip homes for sale in Canmore cost?
Silvertip was the most expensive neighbourhood in Canmore in Zolo's August 2026 snapshot, with an average home price of about $2,496,000 across nine active listings. With that few Silvertip homes for sale at any one time, the average hides a real range. Luxury half-duplexes and villa-style homes trade below it; custom estate homes on golf-course lots trade well above it.
Two things drive the pricing. The first is land: these are big, elevated lots with unobstructed views south across the valley to the Three Sisters and Ha Ling. The second is scarcity: Silvertip transactions are thin, so a single large sale moves the neighbourhood average, and comparables for an appraiser can be a year old. See the Silvertip neighbourhood page for the property mix the Canmore luxury homes page for what is listed above $2M, and the Canmore luxury real estate post for how that segment actually trades.
Silvertip golf and the estate lots
Silvertip Resort's golf course threads between the neighbourhoods, and a meaningful share of the housing sits on or backs onto it. Golf-course frontage buys you a permanent open outlook. Nobody builds on a fairway, which is the practical reason those lots hold value.
The trade-offs are the ordinary ones of course-side living: seasonal foot traffic, the occasional stray ball, and course maintenance from early morning. None of that is a reason to avoid the neighbourhood, but it belongs in the calculation, particularly if you are buying a quiet weekend retreat.
What are the Villas at Silvertip?
The Villas are the newer, lower-maintenance end of Silvertip. Rockwood Custom Homes markets two collections within the Mountain Tranquility at Silvertip master-planned area: The Three Sisters, a bungalow villa product, and The Peaks, two-storey villas, alongside custom single-family homes on selected homesites. Phase 1 was reported as largely sold through 2026.
Villa product answers a specific problem in this neighbourhood: buyers who want Silvertip's light and views without a half-acre of landscaping to manage from Calgary. If that is you, also compare Silvertip villas against newer townhomes in Eagle Terrace, which sits on the same sunny hillside at a lower price point.
The resort village, employee housing and the gondola
This is the part most buyers do not know about. The approved Silvertip development plan allows up to 1,290 resort accommodation units, no more than 750 residential units and up to 850 employee housing units (reported by CBC, 2026). That is a substantial amount of building still to come on the hillside.
Recent approvals show it moving. In May 2026 the Town approved a 70-unit, four-storey apartment building including tourist homes at 300 Mountain Tranquility Gate. In April 2026 it approved 120 residential units with a rental tenure requirement plus ground-floor commercial at 1651 Palliser Trail. A separate mixed-use proposal at 1351 Palliser Trail, combining employee housing, tourist accommodation and commercial space under a new Direct Control District, was under review.
Then there is the gondola. Stone Creek Resorts has proposed a three-station aerial ropeway running from the Palliser area near the Trans-Canada Highway to Silvertip Village and on to Mount Lady Macdonald, with viewing platforms and a day lodge. The footprint is about 15 hectares, most of it inside Bow Valley Wildland Provincial Park, and the proponent estimates 250,000 to 300,000 riders a year.
- 1Where the gondola stands (August 2026)Public engagement under Alberta's All-Season Resorts Act ran to 14 May 2026, following a Notice of Engagement in March and an open house at Silvertip in April.
- 2What still has to happenProvincial designation of the lands, an environmental assessment, Indigenous consultation, amendments to the South Saskatchewan Regional Plan, and policy amendments from both Canmore and the MD of Bighorn councils.
- 3Why it is contestedThe route crosses the lower and upper Silvertip wildlife corridors. Conservation groups argue redesignating provincial park land for resort use sets a precedent; the proponent argues the gondola carries people above the corridors.
- 4What a buyer should doTreat the gondola as a possibility, not a plan. Do not pay a premium today for an amenity that has not cleared its approvals.
How Silvertip compares to its neighbours
Against Eagle Terrace, Silvertip is higher, larger-lotted and considerably more expensive; Eagle Terrace gives you the same south-facing sun and Three Sisters views with smaller lots and a shorter drive to town. Against South Canmore, the trade is view and space for walkability: South Canmore is flat, on the valley floor, and you can walk to Main Street, which Silvertip owners cannot.
Track how the top of the market is moving in the Canmore market overview, see which side of the valley gets what light in the sunny side versus shady side post, and read the best neighbourhoods in Canmore roundup for how Silvertip sits against the rest of town.
What this means if you're buying
Silvertip homes for sale in Canmore suit a buyer who wants space, light and a view and does not need to walk to a coffee shop. Before you commit, do three things: pull the development plan for anything within sight of the lot, because 1,290 resort units and 850 employee-housing units have to go somewhere; give yourself extra condition time for appraisal, since comparables up here are scarce; and price the property on what exists today rather than on a gondola that has not been approved. If it still works on those terms, it is a genuinely rare piece of Canadian mountain real estate.
A local REALTOR® can tell you what's approved next to any Silvertip lot before you make an offer. Free 15-minute call.
Frequently asked
How much do homes in Silvertip Canmore cost?
Silvertip was Canmore's most expensive neighbourhood in Zolo's August 2026 data, with an average home price of roughly $2,496,000 and nine active listings. The range is wide: luxury duplexes and villas trade below that figure while custom estate homes on golf-course lots sit well above it.
Can you short-term rental in Silvertip?
The established residential parts of Silvertip are residential-only, so nightly rentals are not permitted there. The resort side is different. The approved development plan contemplates resort accommodation, and the Town approved a 70-unit four-storey apartment building with tourist homes at 300 Mountain Tranquility Gate in May 2026. Check the specific title.
What are the Villas at Silvertip?
A collection of villa-style homes by Rockwood Custom Homes within the Mountain Tranquility at Silvertip master-planned area. Two collections are marketed, The Three Sisters bungalow villas and The Peaks two-storey villas, alongside custom single-family homes on select homesites. Phase 1 was reported as largely sold as of 2026.
Is the Silvertip gondola approved?
No. Stone Creek Resorts has proposed a three-station gondola from the Palliser area to Silvertip Village and on to Mount Lady Macdonald, with a footprint of about 15 hectares mostly inside Bow Valley Wildland Provincial Park. Public engagement ran to 14 May 2026. It still requires designation under the All-Season Resorts Act, an environmental assessment, Indigenous consultation and municipal amendments.
Does Silvertip get more sun than the rest of Canmore?
Yes. Silvertip is on the north side of the valley on south-facing slopes, so it holds the low winter sun longer than the valley floor or the neighbourhoods under the Lawrence Grassi range. It is also higher and more exposed, which means more wind and a longer, steeper drive home in a snowstorm.