14 hours on Market

40 Oakwood Close, Red Deer, Alberta T4P 0C5

Detached
2 + 2
3
~1793.00 sqft
$859,900
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Detached
2 + 2
3
~1793.00 sqft

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Highlights

Property Estimate

Days on market14 hours

Estimated valueNot available

Price/Sqft$479/sqft

Monthly cost

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Description

Custom quality, built by Ted Olson. Welcome to a truly exceptional family residence in one of Red Deer’s most exclusive neighborhoods. This luxurious, custom built walk out bungalow offers generous living space, blending style and comfort to the discerning buyer. Step inside and discover quality craftsmanship at every turn, from triple glazed windows and hand stamped ceilings to beautiful crown moldings, hardwood flooring throughout main level and tray ceilings. Enjoy impressive 10 foot ceilings on main level, a grand living room with fireplace and a gourmet kitchen with granite work tops. The master bedroom is a sanctuary with its own fireplace, walk in closet, and a lavish five piece ensuite featuring an air tub, heated tiles, dual sinks and separate shower. Main floor conveniences include laundry, a second bedroom and a large office. Access to the massive upper floor deck partially covered with a sunshade. Downstairs boasts a theatre room, wet bar, 2 further bedrooms, and a weatherproof walk out 3 season room with outdoor flooring and electric blinds. This property backs onto scenic river walking paths, with a south facing backyard and a heated double garage. This house defines family living.


Property Details

StyleBungalow
View-
Age of property2007
SqFt~1793.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2309439
Community NameOriole Park West
Data SourcePILLAR 9
Listing byRoyal LePage Network Realty Corp.

Features

Heating: Forced Air,Natural Gas
Central Vacuum
Cooling: Central Air
Basement: Full,Finished,Walk Out

Main Floor

4pc Bathroom

7`5" x 4`11"

5pc Ensuite bath

10`4" x 12`2"

Bedroom

12`7" x 10`9"

Dinette

14`9" x 8`8"


Features

Patio: Balcony(s),Deck,Enclosed,Glass Enclosed,Screened

Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Property History

May 11, 2026
ListedActive
$859,900
14 hours on market
history photo preview45
Listing by pillar 9®
Property listed by Royal LePage Network Realty Corp., Brokerage
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Market Data - Oriole Park West

Geo Zone Map ThumbnailOriole Park West

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

49 days

Compared to

2025

24 days

2024

21 days

2023

49 days

New Listings

Past 30 days

2 listings

Compared to

2025

2 listings

2024

6 listings

2023

3 listings

Units sold

Past 30 days

1 unit

Compared to

2025

3 units

2024

2 units

2023

3 units

Median Sold Price

Past 30 days

$510,000

Compared to

2025

$472,000

2024

$510,000

2023

$470,000


Population and Demographics

Overview

Total population 782
Average household income $120,878

Age (%)

0 to 19
29%
20 to 34
20%
35 to 49
22%
50 to 64
17%
65 and plus
12%

Household composition (%)

Single family
73%
Single person
20%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
82%
Tagalog (Pilipino, Filipino)
5%
Arabic
4%
Others
2%
Spanish
2%
French
1%

House tenancy (%)

Owners
65%
Renters
35%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget