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1 day on Market

4506 Shannon Dr, Olds, Alberta T4H 1C1

Detached
2 + 2
3 + 1
~1131.00 sqft
$459,000
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Detached
2 + 2
3 + 1
~1131.00 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$405/sqft

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Description

Welcome to this beautifully maintained bungalow tucked away on a quiet, tree-lined street in the heart of downtown Olds. Offering 4 bedrooms, 2.5 bathrooms, and exceptional pride of ownership throughout, this home combines timeless charm with thoughtful updates and versatile living spaces. The bright, open-concept main floor was beautifully renovated in 2021 and features a stunning kitchen with stainless steel appliances, vinyl flooring, and an inviting layout designed for both everyday living and entertaining. The fully finished basement includes a complete illegal suite with its own kitchen, offering excellent flexibility for extended family, guests, or multi-generational living. It also presents an excellent opportunity as a mortgage helper or income-generating space, making this property especially appealing for investors or buyers looking to offset their monthly expenses. Step outside and discover a backyard designed for making memories. A charming front porch welcomes you home, while the beautifully landscaped backyard showcases vibrant perennial gardens, a spacious deck with sun screens and built-in lighting, a lower patio with a pergola, wired lighting, a cozy gas fireplace, and a gas line for your BBQ. Whether you're hosting friends or enjoying a quiet evening outdoors, this private retreat is sure to impress. The detached double garage is equally impressive, featuring built-in cabinetry, shelving, and a workbench for the hobbyist or handyman. There's also ample space for year-round RV parking, adding even more practicality to this exceptional property. Quality updates include Hardie® board siding painted in 2020, most windows replaced in 2018, a high-efficiency furnace installed in 2016 and recently serviced, and a beautifully renovated interior that is truly move-in ready. Ideally located within walking distance of downtown shopping, restaurants, parks, schools, and everyday amenities, this exceptional property offers the perfect blend of comfort, functionality, and small-town charm.


Upcoming Open House

Jun 28Sun1:00 PM - 3:00 PM

Property Details

StyleBungalow
View-
Age of property1981
SqFt~1131.00 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2323739
Community NameOlds
Data SourcePILLAR 9
Listing byReal Broker

Features

Heating: Central
Central Vacuum
Cooling: Other
Basement: Full,Finished,Other

Main Floor

2pc Bathroom

4`9" x 5`7"

4pc Ensuite bath

12`1" x 7`10"

Bedroom

9`6" x 12`2"

Bedroom - Primary

12`1" x 11`2"


Features

Patio: Deck,Patio,Pergola,Rear Porch

Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property History

Jun 25, 2026
ListedActive
$459,000
1 day on market
history photo preview46
Listing by pillar 9®
Property listed by Real Broker, Brokerage
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Market Data - Olds

Geo Zone Map ThumbnailOlds

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

47 days

Compared to

2025

68 days

2024

55 days

2023

53 days

New Listings

Past 30 days

20 listings

Compared to

2025

18 listings

2024

21 listings

2023

17 listings

Units sold

Past 30 days

14 units

Compared to

2025

13 units

2024

11 units

2023

17 units

Median Sold Price

Past 30 days

$525,000

Compared to

2025

$535,000

2024

$485,000

2023

$445,000


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