354096 48 Street E, Okotoks, AB T1S1A7
354096 48 Street E, Okotoks, AB T1S1A7
354096 48 Street E, Okotoks, AB T1S1A7
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$1,248,888
Est. payment /mo
3 Beds
3 Baths
1,032 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1032

Square Footage 1,032 sqft

Price per Sqft $1,210

MLS® Listing ID A2358065

Style Bungalow

Bedrooms 3

Half Baths 1

Year Built 2008

Lot Size 5.000 Acres

Acres 5.0

Property Sub-Type Freehold

Property Description

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:24570)

Location

Province AB

Rooms

Kitchen 1.0

Extra Room 1 Basement 4.92 Ft x 9.83 Ft 4pc Bathroom

Extra Room 2 Basement 11.75 Ft x 11.83 Ft Bedroom

Extra Room 3 Basement 11.83 Ft x 10.50 Ft Bedroom

Extra Room 4 Basement 16.17 Ft x 15.75 Ft Family room

Extra Room 5 Basement 5.00 Ft x 7.58 Ft Laundry room

Extra Room 6 Basement 6.58 Ft x 5.83 Ft Other

Interior

Heating Forced air

Cooling None

Flooring Vinyl Plank

Fireplaces Number 2

Exterior

Parking Features No

Fence Partially fenced

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Story 1

Architectural Style Bungalow


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Listed by CIR Realty

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Alex Briones
Alex Briones

Realtor - Team Lead

+1(403) 222-2577 | homes@brionesgroup.ca

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