Contacted Wednesday, Cheryl Watt, an associate with Re/Max Excellence, confirmed the property has new owners but wouldn’t say the selling price or name the buyer.
The three-storey home covers five municipal city lots and overlooks the North Saskatchewan river.
It was previously owned by Nellie and Sid Braaksma who bought it in 2000 for $675,000, although it was listed for $2 million.
Initially built with a ballroom, billiards chamber, and indoor swimming pool, the home was designed for entertaining and often hosted Edmonton’s elite when it was first constructed.
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