Crestwood homes for sale are considered "luxury real estate" and worth checking out - new or old! Crestwood is a charming luxury community beside Parkview, southwest of Glenora along Riverside & Summit Drive. It is best known for Candy Cane Lane, a celebration of Catholic Faith where homeowners decorate their houses with impressive displays of Christmas lights. The average price in this west central Edmonton neighborhood runs over the million dollar mark, however, there are a few Crestwood properties under $500,000 ready to be replaced with new energy efficient properties. Or choose from homes near Summit point, with rare quality, elegance, and design or charming character houses on MacKenzie Drive, with huge south-facing lots.
Real estate in Crestwood was developed in the early 1950s. While it was initially known as the Jasper Place and Capital Hill subdivisions, the city council allowed the locals to choose and vote on the new name. A view of the river valley is possible on the north, east and south sides of Crestwood making it a prominent feature.
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