You don’t list a home for nearly $8 million without something pretty special behind the front door, and in this case, it’s what’s out the back that really seals the deal.

Located on one of Edmonton’s most exclusive streets, this home, located at 13758 Valleyview Dr. NW, sits on a massive 49,000-square-foot lot with panoramic views of the river valley and downtown skyline. It’s the most expensive house currently on the market in the city.

With a $7,999,999 price tag, most of us will only ever experience this property through online window-shopping. For the select few who can afford it, though, it now looks like a bargain compared to its original eye-watering $9.7-million listing.

Ali Shaben/Sable Realty

Ali Shaben/Sable Realty

The custom-built home spans more than 6,500 square feet, with five bedrooms, six bathrooms, and massive windows that frame views from almost every room.

Ali Shaben/Sable Realty

The main floor is open and bright, with a huge chef’s kitchen complete with a gas stove, oversized fridge, high-end appliances, and tons of counter space.

Ali Shaben/Sable Realty

Ali Shaben/Sable Realty

Upstairs, the primary suite feels more like a posh hotel. There’s a seating area, a stylish walk-in closet, a wet bar, and a spa-like ensuite with a deep soaker tub and an extra-large shower you could hang out in for hours.

Ali Shaben/Sable Realty

Ali Shaben/Sable Realty

Ali Shaben/Sable Realty

Downstairs, you’ll find a vibrant red wet bar, billiards area, wine rack, and a private theatre that really leans into the red theme. There’s also a guest suite and a home office tucked away.

Ali Shaben/Sable Realty

Ali Shaben/Sable Realty

Ali Shaben/Sable Realty

Outside, however, is where this place really delivers. There’s a resort-style pool with a big sunny deck and a poolhouse with its own bar and two patio areas.

Ali Shaben/Sable Realty

Ali Shaben/Sable Realty

Head farther into the backyard, and you’ll find a second firepit that feels quiet and secluded, plus a lookout deck that stretches into the valley for a stunning view.

Ali Shaben/Sable Realty

At $8 million, you’re definitely paying a premium — but with a backyard like this, it’s easy to see why.

You can find the full listing on the Realtor website.