This rare 5-acre ALH-zoned parcel, annexed into the Town of Okotoks and positioned at the east entrance along 48 Street, offers exceptional visibility with elevated topography and sweeping mountain views—an increasingly scarce premium for future development. Located directly east of Drake Landing on the paved roadway, the site is surrounded by established schools, commercial services, golf, and residential neighbourhoods, supporting both immediate demand and long-term growth stability. The extensively renovated reverse-walkout bungalow provides meaningful holding value, 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 offers a large family room, two additional bedrooms, a full bathroom, laundry room, two electric fireplaces, and direct access to a concrete patio framed by a retaining wall—ideal for comfortable family living close to town. A strategic, high-exposure acquisition with strong present-day residential utility and significant long-term upside, including past discussions with the Town regarding the potential for a 3,200 sq.ft. shop (subject to buyer due diligence and approvals). Renovated, valuable, and positioned for future opportunity—this parcel represents one of Okotoks’ most compelling hold-and-develop offerings. (id:55577)
Property Features
- MLS® Number A2332565
- Price $1,248,888
- 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