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.
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.