Prime Real Estate Opportunity: 5.2+ Acres of Residential Subdivision Potential Nestled on a fully treed, private site, this expansive 5.24 acre property is a rare gem perfect for residential subdivision development. Located just minutes west of Edmonton, this parcel offers a unique blend of serene privacy and urban convenience, making it an exceptional investment opportunity. The property is zoned for residential subdivision development with city sewer and water at the property line. The existing home on the property is a 3-bedroom, 2.5 bath bungalow, featuring an open floor plan, full bsmnt and wood fireplace which can serve as a comfortable residence / rental property while development plans are underway. A 3-car detached garage provides ample space for vehicles, tools & storage, enhancing functionality of the property. This property offers a rare combination of development potential, existing amenities, and natural beauty. Don't miss this unique opportunity to invest in a prime piece of real estate.
Property Type:
Country Residential
Dwelling Type:
Detached Single Family
Home Style:
Bungalow
Total Floor Area:
1,332.48 sq. ft.123.79 m2
Price Per SqFt:
592.13
Finished Levels:
2.0
Lot Area:
5.24 acre(s)2.12 hectare(s)
Lot Shape:
Square
Front Exposure:
South
Grade Level Entry:
No
Year built:
1977
(Age: 47)
Bedrooms:
3
(Above Grd: 3)
Bathrooms:
3.0
(Full:2, Half:1)
Total Rooms Above Grade:
7
Plan:
8221686
Heating:
Baseboard
Heating Source:
Water
Heating Source Desc:
Paid For
Construction:
Wood Frame
Basement:
Full
Basement:
Full, Partly Finished
Exterior Finish:
Wood
Floor Finish:
See Remarks
Fireplace:
Yes
Fireplace Fuel:
Wood
Fireplace Type:
Brick Facing
Parking:
Triple Garage Detached
Road Access:
Gravel, Gravel Driveway to House
Power Service:
Paid For
Water Supply:
Drilled Well, Well Pit
Water Paid For:
Paid For
Sewer Septic:
Gravity, Septic Tank & Field
Floor
Type
Size
Other
Main
Master Bedroom
00 × 00
-
Main
Bedroom
00 × 00
-
Main
Bedroom
00 × 00
-
Main
Living Room
00 × 00
-
Main
Dining Room
00 × 00
-
Main
Family Room
00 × 00
-
Main
Kitchen
00 × 00
-
Basement
Laundry Room
00 × 00
-
Floor
Ensuite
Pieces
Other
-
-
2
-
-
4
-
-
4
See Remarks, Ensuite Bath
None
None
No Through Road, Not Fenced, Private Setting, Treed Lot
Data was last updated June 23, 2024 at 12:30 AM (UTC)
Area Statistics
Listings on market:
169
Avg list price:
$819,000
Min list price:
$124,900
Max list price:
$4,000,000
Avg days on market:
44
Min days on market:
1
Max days on market:
436
Avg price per sq.ft.:
$440
These statistics are generated based on the current listing's property type
and located in
Rural Parkland County. Average values are
derived using median calculations.
Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.