354096 48 Street E, Okotoks, AB T1S1A7
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354096 48 Street E, Okotoks, AB T1S1A7
354096 48 Street E, Okotoks, AB T1S1A7
354096 48 Street E, Okotoks, AB T1S1A7
354096 48 Street E, Okotoks, AB T1S1A7
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Dawson Alexander

Dawson Alexander

+1(587) 226-8253
$ 1,248,888
Est. payment /mo
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Price Dropped by $50K

354096 48 Street E Okotoks, AB T1S1A7

3 Beds

3 Baths

1,032 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1032

Square Footage 1,032 sqft

Price per Sqft $1,210

MLS® Listing ID A2332565

Style Bungalow

Bedrooms 3

Half Baths 1

Year Built 2008

Lot Size 5.000 Acres

Acres 5.0

Property Sub-Type Freehold

Property 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:24570)

Location

Province AB

Rooms

Kitchen 1.0

Extra Room 1 Basement 4.92 Ft x 9.83 Ft 4pc Bathroom

Extra Room 2 Basement 11.75 Ft x 11.83 Ft Bedroom

Extra Room 3 Basement 11.83 Ft x 10.50 Ft Bedroom

Extra Room 4 Basement 16.17 Ft x 15.75 Ft Family room

Extra Room 5 Basement 5.00 Ft x 7.58 Ft Laundry room

Extra Room 6 Basement 6.58 Ft x 5.83 Ft Other

Interior

Heating Forced air

Cooling None

Flooring Vinyl Plank

Fireplaces Number 2

Exterior

Parking Features No

Fence Partially fenced

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

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Listed by CIR Realty
Dawson Alexander

Dawson Alexander

Agent

+1(587) 226-8253

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354096 48 Street E