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Renanza Realty
For sale

354096 48 Street E

Okotoks, Alberta

MLS® A2358065

$1,248,888

Status
Active
Property type
House
MLS® number
A2358065
Bedrooms
3
Bathrooms
3
Year built
2008

Listing description

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 Area that with approval could support 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.

Property summary

MLS® number
A2358065
Property type
Single Family
Building type
House
Square footage
1,032 sq ft
Title
Freehold
Land size
5 acres
Built in
2008
Annual property taxes
$3,450.00
Parking
None
Days on market
1 day

Features & details

Heating
Forced air
Cooling
None
Basement
Finished, Full, Walk out
Flooring
Vinyl Plank
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo, Window Coverings
Exterior features
Stone, Stucco
Lot features
PVC window, No Smoking Home
Architectural style
Bungalow

What would this home cost you?

Based on the $1,248,888 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$5,811 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of CIR Realty, CALGARY.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.