Asking price: 1,248,888 CAD
354096 48 Street E
Okotoks · Alberta
MLS® A2358065 · Active · Single Family
Property photographs
Listing at a glance
354096 48 Street E, Okotoks. Single Family. MLS® A2358065. Asking price: 1,248,888 CAD
- Asking price
- 1,248,888 CAD
- Property category
- Single Family
- Property type
- Single Family
- Building type
- House
- MLS®
- A2358065
- Bedrooms
- 3
- Bathrooms
- 3
- Partial bathrooms
- 1
- Listed living area
- 1,032 sq ft
- Listed lot area
- 5 acres
- Year built
- 2008
- Parking features
- None
- Basement
- Finished, Full, Walk out
About this property
INVESTMENT OPPORTUNITY – 5 Acres of Prime Development Land Within Okotoks Town Boundaries! Strategically located along the 48 ST in the Town of Okotoks, this exceptional parcel offers outstanding exposure, elevated topography, and sweeping mountain views. The property falls within an approved Area Structure Plan identifying the lands for future Business Park development, supporting commercial and light industrial uses, making it a rare opportunity for investors, developers, and land bankers seeking long-term upside in one of Alberta's fastest-growing communities.Currently zoned ALH (Agricultural & Land Holdings District), the property offers immediate utility while future development plans evolve. The fully renovated bungalow provides over 1990 sq. ft. of developed living space, featuring 3 bedrooms, 2 bathrooms, quartz countertops, stainless steel appliances, upgraded flooring, multiple living areas, covered outdoor spaces, and stunning views. This creates excellent holding income or owner-occupancy potential while protecting future development value.The usable acreage provides flexibility for a variety of interim uses, including equipment storage, RV storage, and other potential commercial applications, subject to municipal approvals. Surrounded by established residential communities, schools, recreation amenities, golf, and commercial services, this high-profile parcel combines present-day residential enjoyment with significant future development potential. Large land holdings within Okotoks are becoming increasingly scarce, making this a compelling hold-and-develop opportunity with exceptional long-term investment value. (id:65883)
Property summary
- Property type
- Single Family
- Building type
- House
- Postal code
- T1S1A7
- Year built
- 2008
- Living area
- 1,032 sq ft
- Lot size
- 5 acres
- Ownership / common interest
- Freehold
Bedrooms & bathrooms
- Bedrooms
- 3
- Above grade
- 1
- Below grade
- 2
- Bathrooms
- 3
- Partial bathrooms
- 1
Heating & cooling
- Heating
- Forced air
- Cooling
- None
Building & parking
- Stories
- 1
- Basement
- Finished, Full, Walk out
- Foundation
- Poured Concrete
- Roof
- Construction
- Parking
- None
Appliances & services
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo, Window Coverings
- Zoning description
- ALH
Location
Listed by CIR Realty. Information is believed reliable but should be independently verified. Measurements and availability may change.
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