Exploring Black Diamond and Turner Valley:
A Tale of Two Towns Now One Diamond Valley
By Diane Richardson · Alberta Town & Country · CIR Realty · 2026
Exploring Black Diamond and Turner Valley: A Tale of Two Towns Now Diamond Valley
Nestled in the Sheep River Valley just 45 minutes southwest of Calgary, Diamond Valley tells the story of two historic Foothills towns — Black Diamond and Turner Valley — that became one on January 1, 2023. Each brought its own character, heritage, and community spirit to create a destination that offers the best of small-town Alberta living with world-class outdoor recreation at your doorstep.
Whether you are drawn by the Turner Valley Gas Plant National Historic Site, the award-winning Eau Claire Distillery, or simply the promise of hiking, fishing, and golfing in Kananaskis Country, Diamond Valley delivers a lifestyle that balances community charm with natural beauty.
"From oil boomtowns to craft distilleries and folk music havens, Diamond Valley carries the history and heart of Alberta's Foothills in every street and trail."
Two Towns, One Diamond: The History and Character
Black Diamond earned its name from coal deposits discovered near the original townsite in 1907. Incorporated as a village in 1929 during Alberta's first oil boom — sparked by nearby Turner Valley — Black Diamond saw its population explode to over 1,000 residents living in tents and shacks. The boomtown era brought colourful characters, round-the-clock construction lit by gas flares from the oilfields, and a resilient community spirit that defines the town to this day.
Turner Valley, meanwhile, became Western Canada's first major oilfield in 1914 with the Dingman No. 1 discovery. Royalite No. 4 in 1924 made it Canada's leading producer, fueling Alberta's petroleum heritage for decades. Incorporated in 1930, Turner Valley's legacy lives on at the Turner Valley Gas Plant National Historic Site — Canada's most awarded craft distillery housed in a 1929 movie theatre-turned-town hall.
● Black Diamond Character
Boomtown resilience meets modern small-town charm. Known for its walkable downtown, community events, and as the gateway to Kananaskis hiking trails. The coal mining roots and oil boom history give Black Diamond its distinctive, hardworking Foothills identity.
● Turner Valley Character
Oil heritage meets craft sophistication. Home to Canada's most awarded distillery and birthplace of Alberta's petroleum industry. Elegant heritage buildings, the Sheep River, and a refined cultural scene define Turner Valley's upscale Foothills vibe.
Together as Diamond Valley since January 1, 2023, the towns share a combined population of approximately 3,000 residents across 5.4 square kilometres — preserving their distinct identities while pooling resources for enhanced services, economic development, and community events.
Key Attractions: Distilleries, Music, and Historic Sites
Eau Claire Distillery
Canada's most awarded craft distillery, housed in Turner Valley's 1929 movie theatre. Enjoy the Prohibition Experience tour, guided tastings, craft cocktails at Rupert's Hideaway, and distillery bucks for purchases. A must-visit for foodies and cocktail enthusiasts.
Foothills Folk Music Club
One of Alberta's oldest folk music societies hosts intimate concerts, workshops, and dances in historic venues. Celebrating community and live acoustic music since 1970 — check the calendar for legendary performances in the heart of Diamond Valley.
Turner Valley Gas Plant
National Historic Site and birthplace of Alberta's petroleum industry. Guided tours of the processing plant, exhibit hall, and historic buildings reveal the boomtown era that put Turner Valley on the map as Western Canada's first major oilfield.
These attractions anchor Diamond Valley's reputation as a cultural destination — blending oil heritage, craft spirits, and live music into a uniquely Foothills experience.
Housing Options: Heritage to Modern
Diamond Valley offers diverse housing to suit every lifestyle, from historic bungalows to new construction estates. The market remains accessible compared to Calgary, with median sold prices around $575,000 and a strong seller's market (2 months inventory).
Heritage Homes & Character Bungalows
Restored oil boom-era bungalows and character homes from the 1920s–1950s. Large lots, original hardwood floors, and heritage charm in walkable downtown locations. Perfect for buyers seeking history with modern updates. Prices from $400,000–$650,000.
Modern Family Homes & Townhomes
Contemporary 3–5 bedroom homes with open floor plans, triple garages, and mountain views. New developments offer energy-efficient designs blending seamlessly with the natural landscape. Family-friendly with schools and parks nearby. $500,000–$800,000 range.
Luxury Estates & Acreages
Premium properties with acreage, custom builds, and equestrian facilities. Oversized garages, walkout basements, and panoramic foothill views. Ideal for established families seeking privacy and space. $900,000–$2M+.
Condos & Low-Maintenance Options
Adult-oriented condos and townhomes for downsizers and retirees. Low-maintenance living near golf courses, distilleries, and trails. Modern finishes in secure complexes. Entry-level pricing from $350,000–$500,000.
With 18 active listings and median days on market at 38, Diamond Valley remains a seller's market offering strong value compared to Calgary's $827,000 average.
Outdoor Recreation: Hiking, Fishing, Golfing & More
Bordering Kananaskis Country, Diamond Valley offers unmatched outdoor access. The Sheep River winds through town providing world-class fly fishing, while trails connect directly to provincial parks and the Great Divide Trail.
Hiking & Trails
Immediate access to Kananaskis trails, the Great Divide Trail, and Sheep River pathways. Bluerock Canyon and Prism Creek offer stunning day hikes from downtown.
Fishing & Water
World-class trout fishing on the Sheep River. Permits required for this blue-ribbon fishery minutes from town.
️ Golfing
Turner Valley Golf Club offers an 18-hole championship course through mature trees and rolling terrain — one of southern Alberta's hidden gems.
Winter & Year-Round
Snowshoeing, fat biking, and cross-country skiing on local trails. Summer mountain biking at Bluerock and summer tubing on the Sheep River.
The Foothills Regional Dashboard showcases Diamond Valley's strong quality of life metrics, from low unemployment to high recreational access.
Your Diamond Valley Real Estate Guide
From heritage bungalows to modern estates, Diamond Valley offers exceptional value for Calgary commuters seeking Foothills lifestyle. With a seller's market and growing amenities, now is the time to explore.
Contact me to discover Diamond Valley properties — whether downtown heritage, family estates, or acreage dreams.
Explore Diamond Valley Real Estate
Browse current MLS® listings in Diamond Valley (Black Diamond & Turner Valley). Contact me for details or private tours.
Copyright © 2026, Alberta Town and Country. All rights reserved.
403.397.3706 • diane@mypadcalgary.com
