354096 48 Street E, Okotoks, Alberta T1S 1A7 New

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$1,499,900

This rare 5-acre, annexed-into-town parcel at the east entrance of Okotoks offers exceptional visibility as you arrive on 48 Street, with elevated topography and sweeping mountain views—an increasingly scarce premium for future commercial or mixed-use development. Positioned directly east of Drake Landing along the paved roadway, the site is surrounded by established schools, commercial services, golf, and residential neighbourhoods, creating both immediate demand and long-term growth stability. Offered strictly as land value, the extensively renovated reverse-walkout bungalow adds meaningful holding utility, featuring a bright upper level with a spacious primary bedroom and updated 4-piece ensuite, a modern 2-piece powder room, a large living room, quartz counters, stainless steel appliances, low-maintenance LVP flooring, and a generous deck capturing the mountain views. The lower walkout level includes a large family room, two additional bedrooms, a full bathroom, a laundry room, two electric fireplaces, and direct access to a concrete patio framed by a retaining wall—ideal for rental income, staff housing, or on-site use during planning and approvals. A strategic, high-exposure acquisition offering both short-term functionality and significant long-term upside in one of Okotoks’ most active and rapidly expanding corridors. (id:55577)

Property Features

  • MLS® Number A2332565
  • Price $1,499,900
  • Bedrooms: 3
  • Bathrooms: 3
  • Square Footage: 1032 sqft
  • Property Type: House
  • Amenities Near By Schools, Shopping
  • Features Pvc Window, No Smoking Home
  • Plan 0614780
  • Structure Deck

Buildings

Bathroom Total 3 Bedrooms Above Ground 1
Bedrooms Below Ground 2 Bedrooms Total 3
Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo, Window Coverings Architectural Style Bungalow
Basement Development Finished Basement Features Walk Out
Basement Type Full (finished) Constructed Date 2008
Construction Style Attachment Detached Cooling Type None
Exterior Finish Stone, Stucco Fireplace Present Yes
Fireplace Total 2 Flooring Type Vinyl Plank
Foundation Type Poured Concrete Half Bath Total 1
Heating Type Forced Air Stories Total 1
Size Interior 1032 Sqft Total Finished Area 1031.74 Sqft
Type House

Parking

None

Land

Acreage Yes Fence Type Partially Fenced
Land Amenities Schools, Shopping Size Irregular 5.00
Size Total 5 Ac|5 - 9.99 Acres Size Total Text 5 Ac|5 - 9.99 Acres
Zoning Description Alh

Rooms

Level Type Dimensions
Basement 4pc Bathroom 4.92 Ft x 9.83 Ft
Basement Bedroom 11.75 Ft x 11.83 Ft
Basement Bedroom 11.83 Ft x 10.50 Ft
Basement Family Room 16.17 Ft x 15.75 Ft
Basement Laundry Room 5.00 Ft x 7.58 Ft
Basement Other 6.58 Ft x 5.83 Ft
Main Level 2pc Bathroom 5.08 Ft x 5.00 Ft
Main Level 4pc Bathroom 10.58 Ft x 13.42 Ft
Main Level Dining Room 9.25 Ft x 13.33 Ft
Main Level Kitchen 13.83 Ft x 16.67 Ft
Main Level Living Room 16.58 Ft x 15.83 Ft
Main Level Primary Bedroom 15.00 Ft x 13.33 Ft

Agents and Offices

  • Lorenda A. Coles
  • Office: Cir Realty

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