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5 days on Market

96039 198 Ave, Rural Foothills County, Alberta T1S 2W6

Detached
3
1
~1168.79 sqft
$2,495,000
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Detached
3
1
~1168.79 sqft

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Highlights

Property Estimate

Days on market5 days

Estimated valueNot available

Price/Sqft$2,134/sqft

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Description

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.


Property Details

StyleAcreage with Residence,Bungalow
View-
Age of property1939
SqFt~1168.79 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberA2243322
Community NameFoothills County
Data SourcePILLAR 9
Listing byRE/MAX House of Real Estate

Features

Heating: Forced Air
Basement: Partial,Unfinished

Main Floor

Living Room

11`7" x 11`4"

Family Room

15`5" x 13`4"

Kitchen

10`10" x 7`8"

Dining Room

11`4" x 9`4"


Features

Patio: Front Porch,Patio,Porch

Property History

Aug 8, 2025
ListedActive
$2,495,000
5 days on market
history photo preview24
Listing by pillar 9®
Property listed by RE/MAX House of Real Estate, Brokerage
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Market Data - Foothills County

Geo Zone Map ThumbnailFoothills County

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

32 days

Compared to

2024

29 days

2023

29 days

2022

16 days

New Listings

Past 30 days

130 listings

Compared to

2024

153 listings

2023

138 listings

2022

147 listings

Units sold

Past 30 days

91 units

Compared to

2024

97 units

2023

91 units

2022

64 units

Median Sold Price

Past 30 days

$672,500

Compared to

2024

$715,000

2023

$650,000

2022

$553,200


What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget