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Katie VanNes

katie@mostreferred.expert +1(604) 855-8228

$ 1,299,000

Est. payment | -/mo

3 Beds

3 Baths

1,032 SqFt

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$ 1,299,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

3 Baths

1,032 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1032

Square Footage 1,032 sqft

Price per Sqft $1,258

MLS® Listing ID A2332565

Style Bungalow

Bedrooms 3

Half Baths 1

Year Built 2008

Lot Size 5.000 Acres

Acres 5.0

Property Sub-Type Freehold

Property Description

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:24570)

Location

Province AB

Rooms

Kitchen 1.0

Extra Room 1 Basement 4.92 Ft x 9.83 Ft 4pc Bathroom

Extra Room 2 Basement 11.75 Ft x 11.83 Ft Bedroom

Extra Room 3 Basement 11.83 Ft x 10.50 Ft Bedroom

Extra Room 4 Basement 16.17 Ft x 15.75 Ft Family room

Extra Room 5 Basement 5.00 Ft x 7.58 Ft Laundry room

Extra Room 6 Basement 6.58 Ft x 5.83 Ft Other

Interior

Heating Forced air

Cooling None

Flooring Vinyl Plank

Fireplaces Number 2

Exterior

Parking Features No

Fence Partially fenced

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

Virtual Tour https://photos4remedia.s3.ca-central-1.amazonaws.com/orders/cms3alt6y0001lf04mx3dfp2s/videos/e0134691-bf3b-45aa-b2d6-fce60a802c4a.mp4

Listed by CIR Realty

NEARBY PROPERTIES

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A 2J2, Canada

354096 48 Street E Okotoks, AB T1S1A7

Katie VanNes

Key Details

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Rooms

Interior

Exterior

Building

Others

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354096 48 Street E