Range Road 55

For Sale 304 Days
$1,900,000
160 Acre

Range Road 55

For Sale 304 Days
$1,900,000
160 Acre

Highlights

Key insights

Description

  • Land value ($/Acre)
    $12K/Acre
  • Time on Houseful
    304 days
  • Property type
    Land
  • Lot size
    160 Acres
  • Mortgage payment

There is a strong need for residential housing options within the community so there are many opportunities for investors/developers for this prime piece of land. Fabulous INVESTMENT for a country residential development. FULL QUARTER south west corner of Sundre- located adjacent to recreational and country residential development. This area is within the urban fringe of the town of Sundre and is under pressure for development. The County of Mountain View has approved an Area Structure Plan providing for country residential lots on this quarter. Re-designation and subdivision plans have been submitted and tentatively approved by the Municipality . This quarter section has been used exclusively for farming and ranching. There has been no use of chemical pesticides or fertilisers. The quarter is partially treed with clearings and has approx. 90 acres of hay. There are also existing gravel deposits which have never been exploited. The topography is basically flat, and thus is ideal for development. The property is fenced and cross-fenced with one good well and dug out, and all utilities readily available up to property line. There is excellent access and view of the mountains Across the road from the Airport and kitty corner to the golf course. Opportunity to do something creative like even give the a portion in the middle part (gravel to the municipality) which would create a lake as water table is high then you could put 40 - 2 acre parcels around it at $250,000 would return you $10,000,000.00

Gordon Pethick of RE/MAX Realty Professionals,
MLS®#A2177360
updated 2 weeks ago.
Houseful checked MLS® for data 2 weeks ago.

Home overview

Amenities / Utilities
  • Pets allowed (y/n)
    No
Exterior
  • Fencing
    Cross fenced, fenced
Location
  • County
    Mountain view county
  • Subdivision
    None
  • Zoning description
    Ag
  • Directions
    Cneudomi
Overview
  • Lot size (acres)
    160.0
  • Mls® #
    A2177360
  • Property sub type
    Residential
  • Status
    Active
  • Tax year
    2024
SOA_HOUSEKEEPING_ATTRS
  • Listing type identifier
    Idx

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