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$ 4,200,000
Est. payment | /mo
38.09 Acres Lot
$ 4,200,000
Est. payment | /mo
38.09 Acres Lot
Key Details
Property Type Rural
Sub Type Vacant Lot/Land
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4435841
Year Built 1975
Lot Size 38.090 Acres
Acres 38.09
Property Sub-Type Vacant Lot/Land
Property Description
Prime Country Residential Acreage with Future Subdivision Potential. An exceptional opportunity to acquire a strategically located parcel of land just off Highway 16, ideally positioned between Spruce Grove and Edmonton. This prime location offers the perfect blend of rural tranquility and urban accessibility, only a 15-minute drive to either city. Surrounded by estate homes and established subdivisions, the property sits in a highly sought-after corridor that continues to see strong residential growth. With significant future subdivision potential, this is an excellent opportunity for developers, investors, or those looking to build a private estate with long-term upside. The property includes a single-family detached home, a double garage, and several outbuildings, currently rented out and generating steady income. The property is currently districted as CR-Country Residential which has a minimum lot size of 2 acres. However, the Big Lake Area Structure Plan does support smaller lot sizes in this area.
Location
Province AB
Zoning Zone 70
Interior
Heating Forced Air-1, Natural Gas
Exterior
Exterior Feature Airport Nearby, Golf Nearby, No Through Road, Subdividable Lot
Building
Architectural Style Bi-Level
Others
Tax ID 0026655572
Ownership Private
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Listed by Sunny Baraich • RE/MAX Elite