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Renanza Realty
For sale

#B 25056 TWP ROAD 492

Rural Leduc County, Alberta

MLS® E4491369

$10,000,000

Status
Active
Property type
House
MLS® number
E4491369
Bedrooms
5
Bathrooms
10
Year built
2015

Listing description

This remarkable nearly 72-acre parcel is not just a piece of land; it's a golden opportunity for future development and a strategic investment. With Leduc poised to annex up to 38 quarter-sections, this area is on the brink of explosive growth, making your investment highly advantageous. Located just south of Edmonton, the city’s planned expansion will integrate nearly 2,500 hectares of rural land, setting the stage for substantial residential development.

At the center of this property is a stunning bungalow, originally built for $13 million, featuring a spacious 21-car garage perfect for any automobile collector. Imagine developing this land and effectively recouping your original investment, paving the way for luxury country residential estate homes that complement the existing home and  making that luxurious home virtually free. Whether you choose to develop or enjoy this private oasis, this is an extraordinary offering.

Property summary

MLS® number
E4491369
Property type
Single Family
Building type
House
Square footage
6,371 sq ft
Land size
71.84 acres
Built in
2015
Parking
Attached Garage, See Remarks, Heated Garage
Days on market
89 days

Features & details

Heating
Forced air, In Floor Heating
Basement
Finished, Full
Appliances
See remarks
Lot features
Private setting, See remarks, Wet bar, Level, Agriculture
Pool
Outdoor pool
Architectural style
Bungalow

What would this home cost you?

Based on the $10,000,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$46,528 /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 Sotheby's International Realty Canada, Edmonton.

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.