The iconic Edmonton estate once owned by former Oilers tycoon Peter Pocklington has landed on the city's upcoming tax sale auction list.

Situated at 8638 Saskatchewan Drive, the grand residence carries a current municipal assessment of $2.7 million, generating an annual property tax obligation topping $28,000.

Long celebrated for its lavish design and commanding river valley vistas, the landmark property now faces an uncertain future unless outstanding municipal arrears are settled before the gavel falls.