354096 48 Street E Okotoks, Alberta T1S 1A7

3 Bedroom 3 Bathroom 1,032 sqft
Bungalow Fireplace None Forced Air Acreage

$1,248,888

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:52784)

Property Details

MLS® Number A2332565
Property Type Single Family
Amenities Near By Schools, Shopping
Features Pvc Window, No Smoking Home
Plan 0614780
Structure Deck

Building

Bathroom Total 3
Bedrooms Above Ground 1
Bedrooms Below Ground 2
Bedrooms Total 3
Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo, Window Coverings
Architectural Style Bungalow
Basement Development Finished
Basement Features Walk Out
Basement Type Full (finished)
Constructed Date 2008
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Stone, Stucco
Fireplace Present Yes
Fireplace Total 2
Flooring Type Vinyl Plank
Foundation Type Poured Concrete
Half Bath Total 1
Heating Type Forced Air
Stories Total 1
Size Interior 1,032 Sqft
Total Finished Area 1031.74 Sqft
Type House

Parking

None

Land

Acreage Yes
Fence Type Partially Fenced
Land Amenities Schools, Shopping
Size Irregular 5.00
Size Total 5 Ac|5 - 9.99 Acres
Size Total Text 5 Ac|5 - 9.99 Acres
Zoning Description Alh

Rooms

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

https://www.realtor.ca/real-estate/30083144/354096-48-street-e-okotoks

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