Property Details
354096 48 Street E
Okotoks (A2332565)
Description
This rare 5-acre ALH-zoned parcel, annexed into the Town of Okotoks and positioned at the east entrance along 48 Street, offers exceptional visibility with elevated topography and sweeping mountain views—an increasingly scarce premium for future development. Located directly east of Drake Landing on the paved roadway, the site is surrounded by established schools, commercial services, golf, and residential neighbourhoods, supporting both immediate demand and long-term growth stability. The extensively renovated reverse-walkout bungalow provides meaningful holding value, 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 offers a large family room, two additional bedrooms, a full bathroom, laundry room, two electric fireplaces, and direct access to a concrete patio framed by a retaining wall—ideal for comfortable family living close to town. A strategic, high-exposure acquisition with strong present-day residential utility and significant long-term upside, including past discussions with the Town regarding the potential for a 3,200 sq.ft. shop (subject to buyer due diligence and approvals). Renovated, valuable, and positioned for future opportunity—this parcel represents one of Okotoks’ most compelling hold-and-develop offerings.
Property details
- MLS® #
- A2332565
- Property Type:
- Residential
- Subtype:
- Detached
- Subdivision:
- NONE
- Price
- $1,299,000
- Sale/Lease:
- For Sale
- Size:
- 1,032 sq.ft.
- Bedrooms:
- 3
- Bathrooms:
- 2 full / 1 half
- Year Built:
- 2008 (18 years old)
- Structure Type:
- House
- Building Style:
- Acreage with Residence, Bungalow
- Garage:
- No
- Parking:
- None
- Fence:
- Partial
- Basement:
- Full
- Features:
- Breakfast Bar, No Smoking Home, Quartz Counters, Vinyl Windows
- Fireplaces:
- 2
- Inclusions:
- None
- Appliances:
- Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
- Laundry:
- In Basement
- Exterior Features:
- None
- Patio/Porch Features:
- Deck, Patio
- Nearby Amenities:
- Schools Nearby, Shopping Nearby, Street Lights
- Lot Size:
- 5 acres
- Lot Features:
- Gentle Sloping, Interior Lot
- Legal Land Desc:
- 26-20-29-W4
- Zoning:
- ALH
- Roof:
- Asphalt
- Exterior:
- Stone,Stucco
- Floors:
- Vinyl Plank
- Foundation:
- Poured Concrete
- Heating:
- Forced Air
- Cooling:
- None
- Amenities:
- Schools Nearby, Shopping Nearby, Street Lights
- Possession:
- Immediate
- Days on Market:
- 63
Basic Info
Building Info
Neighborhood Info
Lot / Land Info
Materials & Systems
Listing Info
Contact
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Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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