6311 50 Avenue
Drayton Valley, Alberta
MLS® 43688746
$2,300,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 43688746
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 8Listing description
An incredible opportunity to own 159. 08+/- acres within the Town of Drayton Valley limits! This property is designated S-URB (Special Urban Reserve District) and is strategically positioned for future growth.
Located along Highway 22, the land offers excellent visibility and access, and is surrounded by established residential, commercial, and industrial development. Perfect for investors and developers, this rare parcel provides holding income potential today with outstanding redevelopment possibilities for the future. Whether you are looking to secure a prime investment for long-term growth or position yourself for Drayton Valleys next phase of expansion, this property offers unmatched potential.
The property also features a 2000+/- sf home, 800+/- sf attached garage, and patio, providing additional utility while future plans are considered. Title carries registered surface leases and right-of-way caveats. Seller has confirmed receiving annual compensation.
Property summary
- MLS® number
- 43688746
- Property type
- Vacant Land
- Land size
- 6929524.8 square feet
- Days on market
- 277 days
What would this home cost you?
Based on the $2,300,000 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 Royal LePage Noralta Real Estate, Spruce Grove.
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.