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Jas Ahluwalia

jas@edmontonsold.com +1(587) 444-4440

$ 1,299,000

Est. payment | -/mo

3 Beds

3 Baths

1,031 SqFt

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$ 1,299,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

3 Baths

1,031 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,031 sqft

Price per Sqft $1,259

MLS® Listing ID A2332565

Style Acreage with Residence,Bungalow

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 2008

Annual Tax Amount $4,872

Tax Year 2026

Lot Size 5.000 Acres

Acres 5.0

Property Sub-Type Detached

Source Calgary

Property Description

This rare 5-acre ALH ZONED PARCEL, annexed-into-town parcel at the east entrance of Okotoks offers exceptional visibility as you arrive on 48 Street, with elevated topography and sweeping mountain views—an increasingly scarce premium for future commercial or mixed-use development. Positioned directly east of Drake Landing along the paved roadway, the site is surrounded by established schools, commercial services, golf, and residential neighbourhoods, creating both immediate demand and long-term growth stability. Offered strictly as land value, the extensively renovated reverse-walkout bungalow adds meaningful holding utility, featuring a bright upper level with a spacious primary bedroom and updated 4-piece ensuite, a modern 2-piece powder room, a large living room, quartz counters, stainless steel appliances, low-maintenance LVP flooring, and a generous deck capturing the mountain views. The lower walkout level includes a large family room, two additional bedrooms, a full bathroom, a laundry room, two electric fireplaces, and direct access to a concrete patio framed by a retaining wall—ideal for rental income, staff housing, or on-site use during planning and approvals. A strategic, high-exposure acquisition offering both short-term functionality and significant long-term upside in one of Okotoks' most active and rapidly expanding corridors.

Location

Province AB

County Foothills County

Zoning ALH

Direction W

Rooms

Other Rooms 1

Basement Full

Interior

Interior Features Breakfast Bar, No Smoking Home, Quartz Counters, Vinyl Windows

Heating Forced Air

Cooling None

Flooring Vinyl Plank

Fireplaces Number 2

Fireplaces Type Electric

Inclusions None

Appliance Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings

Laundry In Basement

Exterior

Parking Features None

Fence Partial

Community Features Schools Nearby, Shopping Nearby, Street Lights

Roof Type Asphalt

Porch Deck, Patio

Building

Lot Description Gentle Sloping, Interior Lot

Foundation Poured Concrete

Architectural Style Acreage with Residence, Bungalow

Level or Stories One

Structure Type Stone,Stucco

Others

Restrictions None Known

Tax ID 112730811

Ownership Private

Virtual Tour https://photos4remedia.s3.ca-central-1.amazonaws.com/orders/cms3alt6y0001lf04mx3dfp2s/videos/cc4a57c5-e7b5-4aa0-a1a7-58aaff7bbe54.mp4

Listed by CIR Realty

NEARBY SCHOOL & BUSINESS

+1(587) 444-4440

jas@edmontonsold.com

206 Pembina Rd, Sherwood Park, AB T8H, Other

354096 48 ST E Okotoks, AB T1S 1A7

Jas Ahluwalia

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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354096 48 ST E