Riverstone

Lethbridge Neighbourhoods → West Lethbridge → Riverstone

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2025 Average Home Price: $569,862

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Riverstone sits along the river valley on Lethbridge's west side, backing directly onto the Oldman River coulees — a setting that draws homebuyers who want nature at the back door without leaving the city. Homes throughout the community lean Craftsman-style, and trails lead straight from the neighbourhood into the coulees.

 

Within Riverstone, you'll find estate homes concentrated in Stonecrest, specifically. Many homes along Stonecrest Point back onto University grounds and south facing coulee and high-level bridge views.​​

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Schools: St. Patrick Fine Arts Elementary — Lethbridge's only dedicated fine arts elementary school (K-6, Catholic) — is located in Riverstone, with Gerald Probe Elementary, the nearest public option, within walking distance. G.S. Lakie Middle School and the Westside high schools are a short drive away.

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Parks & trails: Five parks serve the community; the two largest, Grand River Park and William Pierce Park, combine to form one of the biggest neighbourhood parks in West Lethbridge, with fishing available at William Pierce Park. Meandering trails also connect the community into the coulees, alongside ponds and an off-leash dog area.

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Getting around: Two bus routes serve Riverstone with a direct line to the University of Lethbridge, where riders can connect downtown or across the west side. Motivated University of Lethbridge students can walk the distance in under 10 minutes via the Coalbanks trail system, and the neighbourhood's position off University Drive gives easy access to Whoop Up Drive and Crowsnest Trail.

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Everyday amenities: Sun Ridge Corner handles the day-to-day — gas and convenience, a liquor store, a salon, and quick-serve spots including Tim Hortons, Subway, and Papa John's — with small strip malls in nearby Mountain Heights, Varsity Village, and Sunridge, plus West Village Mall a short drive or bike ride away.

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Who would enjoy living in Riverstone? Homebuyers who want a quieter, nature-adjacent setting without trading away proximity to the city, and families interested in a fine-arts-focused school option.

 

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