pillar/IMG-A2314795_1.jpg
2 days on Market

23 Lake Ridge, Olds, Alberta T4H 1W6

Detached
3 + 2
3
~1726.00 sqft
$879,900
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Detached
3 + 2
3
~1726.00 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$509/sqft

Monthly cost

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Description

Experience executive living in this spacious 5-bedroom walk-out bungalow, offering 1,726 sq. ft. on the main floor and exceptional space for both entertaining and everyday comfort. Perfectly positioned backing onto the lake, this home combines stunning views and endless potential to make it your own. From the moment you step inside, the grand front entrance with soaring ceilings creates an impressive first impression. The bright open-concept main living area is filled with natural light and showcases beautiful lake views through the large bay window. Cherry wood cabinetry, granite countertops, a large island, built-in oven and microwave, and countertop stove make the kitchen both functional and inviting — ideal for hosting family and friends. Cozy gas fireplaces in the living room and primary suite add warmth and charm throughout the home. The primary bedroom features a walk-in closet and a ensuite complete with a deep soaker tub and oversized shower. Two good sized secondary bedrooms, a 4-piece bathroom, and convenient main-floor laundry with garage access complete the main level. The fully developed walk-out basement with in-floor heating is designed for entertaining and relaxed family living. Enjoy a cozy soapstone wood-burning stove, custom cherry built-ins, and a fully equipped wet bar with dishwasher and space for a full-size fridge. This level also offers a large recreation and media area, two additional bedrooms, a 4-piece bathroom, and plenty of storage space. Step outside and enjoy peaceful lakefront living from the large 38' x 11'6 upper deck with gas BBQ hookup or unwind in the private hot tub tucked beneath the deck while taking in the serene lake views. The landscaped yard features underground sprinklers (current owners have not used so can not guarantee they are functional) and a covered patio area, creating the perfect outdoor retreat to enjoy year-round. A rare opportunity to own a spacious bungalow with incredible bones, breathtaking views, and the chance to add your own modern touches in an unbeatable location.


Property Details

StyleBungalow
View-
Age of property2002
SqFt~1726.00 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2314795
Community NameOlds
Data SourcePILLAR 9
Listing byColdwell Banker Vision Realty

Features

Heating: In Floor,Forced Air
Central Vacuum
Basement: Full,Finished,Walk Out

Main Floor

Entrance

7`4" x 6`1"

Bedroom

11`5" x 9`4"

Bedroom - Primary

12`1" x 13`4"

4pc Ensuite bath


Features

Patio: Deck,Front Porch

Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property History

May 26, 2026
ListedActive
$879,900
2 days on market
history photo preview45
Listing by pillar 9®
Property listed by Coldwell Banker Vision Realty, Brokerage
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Market Data - Olds

Geo Zone Map ThumbnailOlds

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

37 days

Compared to

2025

37 days

2024

40 days

2023

41 days

New Listings

Past 30 days

14 listings

Compared to

2025

15 listings

2024

18 listings

2023

30 listings

Units sold

Past 30 days

8 units

Compared to

2025

12 units

2024

8 units

2023

19 units

Median Sold Price

Past 30 days

$505,000

Compared to

2025

$487,500

2024

$477,500

2023

$362,500


Population and Demographics

Overview

Total population 8519
Average household income $118,876

Age (%)

0 to 19
22%
20 to 34
17%
35 to 49
18%
50 to 64
19%
65 and plus
24%

Household composition (%)

Single family
64%
Single person
31%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
92%
Others
4%
Tagalog (Pilipino, Filipino)
3%

House tenancy (%)

Owners
72%
Renters
28%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget