198 Avenue W Unit 96039

For Sale 69 Days
$2,495,000
3 beds
1 baths
1,169 Sqft

198 Avenue W Unit 96039

For Sale 69 Days
$2,495,000
3 beds
1 baths
1,169 Sqft

Highlights

Key insights

Description

  • Home value ($/Sqft)
    $2,134/Sqft
  • Time on Houseful
    69 days
  • Property type
    Residential
  • Style
    Acreage with residence,bungalow
  • Lot size
    15.69 Acres
  • Year built
    1939
  • Mortgage payment

This is a ONCE-IN-A-LIFETIME OPPORTUNITY to secure your very own SLICE OF ALBERTA’S PRAIRIE PARADISE with DIRECT LAKE FRONTAGE on the highly sought-after RED DEER LAKE. Nestled on 15.69 ACRES of gently rolling landscape, this scenic oasis offers BREATHTAKING VIEWS in every direction - MOUNTAINS to the west, CITY SKYLINE to the north, and UNTOUCHED PRAIRIE stretching in between. A MAJOR VALUE ADD: THE COUNTY HAS PRE-APPROVED THE PROPERTY FOR SUBDIVISION INTO TWO SEPARATE PARCELS and is in the FINAL STAGE of SUBDIVISION, providing outstanding flexibility - build a SECOND home, sell a portion, or retain both for future development. In preparation for this subdivision, there are 3 Wells on the property, with 2 being BRAND-NEW WATER WELLS WERE DRILLED IN 2023, supporting future servicing and long-term investment plans. Located LESS THAN 1.5 KM FROM THE WEST SIDE 22X / STONEY TRAIL RING ROAD, this property is ideally positioned for both present use and future growth. With the STONEY TRAIL EXPANSION NOW COMPLETE, commute times to DOWNTOWN CALGARY UNDER 30 MINUTES - offering unmatched access to the city while preserving the peace and privacy of COUNTRY LIVING. Everyday conveniences are within easy reach: just 7 MINUTES TO STONEY TRAIL, 5 MINUTES TO HIGHWAY 22X, and ONLY 11 MINUTES TO GROCERY STORES, MAJOR SHOPPING CENTRES, THE LRT STATION, AND THE SOUTH CALGARY YMCA. Zoned for COUNTRY RESIDENTIAL use, this parcel is perfect for HORSE LOVERS or anyone seeking a MULTI-USE PROPERTY with ROOM TO GROW. The land includes a 1,168 SQ FT LIVABLE BUNGALOW, a BARN WITH 8 STALLS, a DOG SHED, and AMPLE SPACE for agricultural use, hobby farming, or redevelopment. This is one of the FEW LAKEFRONT PROPERTIES CURRENTLY AVAILABLE on Red Deer Lake, with REDEVELOPMENT ALREADY UNDERWAY in the surrounding area - including newly built COUNTRY RESIDENTIAL ESTATES and emerging RURAL SUBDIVISIONS. The ADJACENT PARCEL has already begun its transformation, further reinforcing the DEVELOPMENT MOMENTUM in this highly desirable location. This property offers YEAR-ROUND ACCESS, significant FUTURE UPSIDE, and the chance to enjoy a PEACEFUL RURAL LIFESTYLE without giving up URBAN CONVENIENCE. Take a look at the Neighbours, you will see the redevelopment that is POSSIBLE on the adjacent parcel. Country Residential Properties with this kind of LOCATION don't come up often! PREMIUM LAKEFRONT LAND with BIG SKY VIEWS, NATURAL BEAUTY, SUBDIVISION POTENTIAL, and UNBEATABLE LOCATION - ALL JUST MINUTES FROM CALGARY.

Simon D. Hunt of RE/MAX House of Real Estate,
MLS®#A2243322
updated 6 days ago.
Houseful checked MLS® for data 6 days ago.

Home overview

Amenities / Utilities
  • Cooling
    None
  • Heat type
    Forced air
  • Pets allowed (y/n)
    No
  • Sewer/ septic
    Septic field, septic tank
  • Utilities
    Electricity connected, natural gas connected, phone connected
Exterior
  • Construction materials
    Wood frame, wood siding
  • Roof
    Asphalt shingle
  • Fencing
    Fenced
  • Other structures
    Shed,barn
  • Parking desc
    Driveway, enclosed, gravel driveway, none
Interior
  • # full baths
    1
  • # total bathrooms
    1.0
  • # of above grade bedrooms
    3
  • Flooring
    Carpet, laminate, linoleum
  • Appliances
    Dryer, stove(s), washer
  • Laundry information
    Laundry room
Location
  • County
    Foothills county
  • Subdivision
    None
  • Water source
    Well
  • Zoning description
    Cr
Lot/ Land Details
  • Exposure
    W
  • Lot desc
    Backs on to park/green space, cul-de-sac, environmental reserve, garden, low maintenance landscape, rolling slope, treed, views
Overview
  • Lot size (acres)
    15.69
  • Basement information
    Partial,unfinished
  • Building size
    1169
  • Mls® #
    A2243322
  • Property sub type
    Single family residence
  • Status
    Active
  • Tax year
    2025
SOA_HOUSEKEEPING_ATTRS
  • Listing type identifier
    Idx

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