Panorama Hills is located in northwest Calgary and was established in 1996. Panorama Hills is a part of the Northern Hills Community Association, which is also home to the communities of Harvest Hills, Coventry Hills, Country Hills Estates and Country Hills. All of these Northwest communities feature several golf courses, numerous restaurants, shopping facilities and a theatre. The area is also home to two historical sites: the Reverend George McDougall Cairn and the John A. Lewis Rock Quarry. Northern Hills provides residents with access to the Nose Creek Valley and the West Nose Creek Valley. 

Boundaries of the community are Stoney Trail to the north, Harvest Hills Boulevard to the east, and Country Hills Boulevard to the south, and Country Hills Golf Course to the west.