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Real estate on your terms®


Property Description

This rare 5-acre ALH ZONED PARCEL, 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. (id:53430)

Building

Property Type:
House
Building Type:
House
Style:
Bungalow
Year Built:
2008
Stories:
1.0
Bedrooms:
3
Bathrooms (total):
3.5 (1 half)
Basement:
Finished, Full, Walk out

Finished Areas

Interior Size (Total):
1032 square feet
Above Grade:
1032 square feet

Interior

Flooring:
Vinyl Plank
Appliances:
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo, Window Coverings

Parking

Features:
None

Lot / Land

Lot Size:
5.0 acres
Lot Features:
PVC window, No Smoking Home

Exterior

Exterior Features:
Stone, Stucco
Foundation:
Poured Concrete
Fencing:
Partially fenced

Utilities & Mechanical

Heating:
Forced air
Cooling:
None

Comfort & Security

Fireplace(s):
2

Fees & Dates

Property Taxes:
$4,872
Tax Year:
2026
Last Modified:
08/16/2026 05:25:11 AM
Status Change:
08/16/2026 05:17:40 AM

Association / Ownership

Common Interest:
Freehold

Room Dimensions

RoomLevelSize
2pc Bathroom Main level 5.00 Ft x 5.08 Ft
4pc Bathroom Main level 13.42 Ft x 10.58 Ft
Dining room Main level 13.33 Ft x 9.25 Ft
Kitchen Main level 16.67 Ft x 13.83 Ft
Living room Main level 15.83 Ft x 16.58 Ft
Primary Bedroom Main level 13.33 Ft x 15.00 Ft
4pc Bathroom Basement 9.83 Ft x 4.92 Ft
Bedroom Basement 11.83 Ft x 11.75 Ft
Bedroom Basement 10.50 Ft x 11.83 Ft
Family room Basement 15.75 Ft x 16.17 Ft
Laundry room Basement 7.58 Ft x 5.00 Ft
Other Basement 5.83 Ft x 6.58 Ft

Location

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Listing offered by: CIR Realty

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