354096 48 Street E Okotoks, Alberta T1S 1A7

3 Bedroom 3 Bathroom 1,032 sqft
Bungalow Fireplace None Forced Air Acreage

$1,248,888

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:52806)

Property Details

MLS® Number A2358065
Property Type Single Family
Amenities Near By Schools, Shopping
Features Pvc Window, No Smoking Home
Plan 0614780
Structure Deck

Building

Bathroom Total 3
Bedrooms Above Ground 1
Bedrooms Below Ground 2
Bedrooms Total 3
Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo, Window Coverings
Architectural Style Bungalow
Basement Development Finished
Basement Features Walk Out
Basement Type Full (finished)
Constructed Date 2008
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Stone, Stucco
Fireplace Present Yes
Fireplace Total 2
Flooring Type Vinyl Plank
Foundation Type Poured Concrete
Half Bath Total 1
Heating Type Forced Air
Stories Total 1
Size Interior 1,032 Sqft
Total Finished Area 1031.74 Sqft
Type House

Parking

None

Land

Acreage Yes
Fence Type Partially Fenced
Land Amenities Schools, Shopping
Size Irregular 5.00
Size Total 5 Ac|5 - 9.99 Acres
Size Total Text 5 Ac|5 - 9.99 Acres
Zoning Description Alh

Rooms

Level Type Dimensions
Basement 4pc Bathroom 4.92 Ft x 9.83 Ft
Basement Bedroom 11.75 Ft x 11.83 Ft
Basement Bedroom 11.83 Ft x 10.50 Ft
Basement Family Room 16.17 Ft x 15.75 Ft
Basement Laundry Room 5.00 Ft x 7.58 Ft
Basement Other 6.58 Ft x 5.83 Ft
Main Level 2pc Bathroom 5.08 Ft x 5.00 Ft
Main Level 4pc Bathroom 10.58 Ft x 13.42 Ft
Main Level Dining Room 9.25 Ft x 13.33 Ft
Main Level Kitchen 13.83 Ft x 16.67 Ft
Main Level Living Room 16.58 Ft x 15.83 Ft
Main Level Primary Bedroom 15.00 Ft x 13.33 Ft

https://www.realtor.ca/real-estate/30503254/354096-48-street-e-okotoks

Contact Us

Contact us for more information

Your Favourites

 

No Favourites Found