10 hours on Market

354096 48 St, Okotoks, Alberta T1S 1A7

Detached
1 + 2
3 + 1
~1031.74 sqft
$1,499,900
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Detached
1 + 2
3 + 1
~1031.74 sqft

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Highlights

Property Estimate

Days on market10 hours

Estimated valueNot available

Price/Sqft$1,453/sqft

Monthly cost

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Description

This rare 5-acre, annexed-into-town parcel at the east entrance of Okotoks offers exceptional visibility as you arrive on 48 Street, with elevated topography and sweeping mountain views—an increasingly scarce premium for future commercial or mixed-use development. Positioned directly east of Drake Landing along the paved roadway, the site is surrounded by established schools, commercial services, golf, and residential neighbourhoods, creating both immediate demand and long-term growth stability. Offered strictly as land value, the extensively renovated reverse-walkout bungalow adds meaningful holding utility, 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 includes a large family room, two additional bedrooms, a full bathroom, a laundry room, two electric fireplaces, and direct access to a concrete patio framed by a retaining wall—ideal for rental income, staff housing, or on-site use during planning and approvals. A strategic, high-exposure acquisition offering both short-term functionality and significant long-term upside in one of Okotoks’ most active and rapidly expanding corridors.


Property Details

StyleAcreage with Residence,Bungalow
View-
Age of property2008
SqFt~1031.74 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberA2332565
Community NameOkotoks
Data SourcePILLAR 9
Listing byCIR Realty

Features

Heating: Forced Air
Basement: Full,Finished,Walk Out

Main Floor

2pc Bathroom

5`1" x 5`0"

4pc Ensuite bath

10`7" x 13`5"

Dining Room

9`3" x 13`4"

Kitchen

13`10" x 16`8"


Features

Patio: Deck,Patio

Property History

Jul 27, 2026
ListedActive
$1,499,900
10 hours on market
history photo preview50
Listing by pillar 9®
Property listed by CIR Realty, Brokerage
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Market Data - Okotoks

Geo Zone Map ThumbnailOkotoks

Strong 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

40 days

Compared to

2025

27 days

2024

20 days

2023

21 days

New Listings

Past 30 days

61 listings

Compared to

2025

77 listings

2024

57 listings

2023

66 listings

Units sold

Past 30 days

51 units

Compared to

2025

65 units

2024

52 units

2023

61 units

Median Sold Price

Past 30 days

$711,500

Compared to

2025

$703,000

2024

$675,000

2023

$645,000


Population and Demographics

Overview

Total population 28648
Average household income $144,973

Age (%)

0 to 19
30%
20 to 34
14%
35 to 49
23%
50 to 64
19%
65 and plus
15%

Household composition (%)

Single family
80%
Single person
17%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
93%
Others
3%
French
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Owners
86%
Renters
14%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget