12 hours on Market

68 Oakwood Close, Red Deer, Alberta T4P 0C5

Detached
1 + 2
5 + 1
~1987.50 sqft
$1,080,000
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Detached
1 + 2
5 + 1
~1987.50 sqft

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Highlights

Property Estimate

Days on market12 hours

Estimated valueNot available

Price/Sqft$543/sqft

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Description

Welcome to this absolutely stunning custom-built executive walkout bungalow backing directly onto the beautiful Red Deer River. Offering 1,987.50 sq. ft. of luxurious main floor living, this one-of-a-kind home combines exceptional craftsmanship, timeless finishes, and breathtaking outdoor spaces. From the moment you enter, you’ll be impressed by the soaring 14’ ceilings, expansive room sizes, and the spectacular rock feature wall that flows from the top of the staircase into the walkout basement. Rich stressed alder hardwood flooring runs throughout, while all tile floors are heated for ultimate comfort. The chef’s dream kitchen is designed to impress with a massive raised granite island, stunning Sapele African Mahogany cabinetry, recessed lighting, walk-in pantry, and incredible entertaining space. The great room features a 12’ ceiling and a gorgeous double-sided fireplace that extends seamlessly to the upper deck, allowing you to enjoy the ambiance both indoors and out. Garden doors off the dining area lead to the incredible 10x48 deck complete with glass railing, gas hookup, and a double pergola with lighting — all perfectly positioned to take in the river views. This home features 3 spacious bedrooms plus an office, with every room offering exceptional space and functionality. The luxurious primary retreat showcases a 10’ ceiling, large walk-in closet with organizers, a beautiful 4-piece ensuite, and private garden door access to the upper deck. Downstairs, both bedrooms feature their own walk-in closets and ensuites, creating the perfect setup for family or guests. The walkout basement is built for entertaining with a wet bar complete with fridge and dishwasher, plus direct access to the 14x13 screened sunroom and additional lower patios wired for a hot tub. Additional features include a heated attached garage, central A/C, incredible custom detailing throughout, and unbeatable outdoor living spaces. This executive bungalow offers a rare opportunity to own a truly exceptional river backing property in one of Red Deer’s most sought-after locations.


Property Details

StyleBungalow
View-
Age of property2006
SqFt~1987.50 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2310057
Community NameOriole Park West
Data SourcePILLAR 9
Listing byRoyal LePage Network Realty Corp.

Features

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

Main Floor

2pc Bathroom

6`8" x 5`0"

4pc Ensuite bath

8`11" x 14`4"

Laundry

18`3" x 10`3"

Office

13`0" x 14`8"


Features

Patio: Deck,Other,Pergola,Screened,See Remarks

Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property History

May 11, 2026
ListedActive
$1,080,000
12 hours on market
history photo preview46
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