354096 48 Street E,Okotoks, AB T1S1A7
Okotoks, AB T1S1A7
Description
This rare 5-acre ALH-zoned parcel, annexed into the Town of Okotoks and positioned at the east entrance along 48 Street, offers exceptional visibility with elevated topography and sweeping mountain views-an increasingly scarce premium for future development. Located directly east of Drake Landing on the paved roadway, the site is surrounded by established schools, commercial services, golf, and residential neighbourhoods, supporting both immediate demand and long-term growth stability. The extensively renovated reverse-walkout bungalow provides meaningful holding value, 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 offers a large family room, two additional bedrooms, a full bathroom, laundry room, two electric fireplaces, and direct access to a concrete patio framed by a retaining wall-ideal for comfortable family living close to town. A strategic, high-exposure acquisition with strong present-day residential utility and significant long-term upside, including past discussions with the Town regarding the potential for a 3,200 sq.ft. shop (subject to buyer due diligence and approvals). Renovated, valuable, and positioned for future opportunity-this parcel represents one of Okotoks' most compelling hold-and-develop offerings. (id:374)
Details
| MLS # | A2332565 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 2008 |
| Days On Site | 86 |
| Listing Provided By | CIR Realty | Lorenda A. Coles |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,032 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | ALH |
| Acreage | 5.00 |
Interior
| Cooling | None |
|---|---|
| Heating | Forced air |
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo, Window Coverings |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 2 |
Exterior
| Lot Features | PVC window, No Smoking Home |
|---|---|
| Foundation Details | Poured Concrete |
| Fencing | Partially fenced |
Parking
| Parking Features | None |
|---|
Taxes
| Tax Annual Amount | 4872 |
|---|---|
| Tax Block | 4 |
| Tax Lot | 1 |
| Tax Year | 2026 |
Area Information
| Province | AB |
|---|---|
| City | Okotoks |
| Postal Code | T1S1A7 |
| Listing VS Median (in T1S1A7) | |
Price: $1,248,888 low | high Med: $1,248,888 sqft: 1,032 low | high Med: 1,032 $ / sqft: $1,210 low | high Med: $1,210 On site: 86 low | high Med: 86 | |
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Learn More About This Property
| Province | AB |
|---|---|
| City | Okotoks |
| Postal Code | T1S1A7 |
| Listing VS Median (in T1S1A7) | |
Price: $1,248,888 low | high Med: $1,248,888 sqft: 1,032 low | high Med: 1,032 $ / sqft: $1,210 low | high Med: $1,210 On site: 86 low | high Med: 86 | |
