38551 Range Road 21, Rural Red Deer County, AB T4E2M7
38551 Range Road 21, Rural Red Deer County, AB T4E2M7
38551 Range Road 21, Rural Red Deer County, AB T4E2M7
38551 Range Road 21, Rural Red Deer County, AB T4E2M7
38551 Range Road 21, Rural Red Deer County, AB T4E2M7
38551 Range Road 21, Rural Red Deer County, AB T4E2M7
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$ 4,150,000
Est. payment | /mo

5 Beds

3 Baths

80.52 Acres Lot


$ 4,150,000
Est. payment | /mo

5 Beds

3 Baths

80.52 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

MLS® Listing ID A2250093

Bedrooms 5

Lot Size 80.520 Acres

Acres 80.52

Property Sub-Type Freehold

Property Description

Eighty acres of private paradise in the sought-after Sylvan Lake area — just five minutes to Sylvan Lake and twenty to Red Deer. This exceptional estate offers a main residence, an approved secondary residence, and a guest garden suite, giving unmatched privacy and versatility for multi-generational living or income potential.Built with ICF walls, concrete floor joists, and in-floor hot water heat on both levels, the main home is as efficient as it is comfortable. An elevator and open-concept layout bring accessibility and light throughout five bedrooms, three bathrooms, two kitchens with a walk-in pantry and granite counters, a sunroom, and a spacious main-floor laundry. The walkout basement opens to a southwest-facing patio, and a double-attached garage rounds out the home.Outside, a covered deck overlooks grain fields and forest, complemented by a water fountain, a private gazebo with surround sound and fire pit, and a 12'x50' greenhouse with an ICF frost wall for organic growing. A solar power installation at the main building site adds further energy efficiency.The property is also home to the R Family Christmas Tree Farm, spanning 14 acres with approximately 400 trees sold in 2023, complete with an ice-skating rink and picnic shelter. The farm office (built 2019) features forced air heat and 220V power.Multiple income streams add exceptional investment value: a fully upgraded 1976 mobile home currently rents for $1,500/month plus utilities; a 2017 warehouse (60'x120', divided into two finished 60'x60' bays with in-floor heating, 220V power, two three-piece bathrooms, and mezzanines) rents for $6,000/month total plus GST, or $3,000/month per side plus GST; and 43 acres of cropland are leased on a share basis.Support buildings include a 1992 60'x60' shop with two finished bays (in-floor heating on one side, roughed-in on the other), 220V power, a two-piece bathroom, laundry, and a heated mezzanine. A 1986 24'x26' attached garage is fully finished with force d air heat, and multiple storage sheds are available, including a pet-friendly unit with in-floor heat, running water, and power.Enjoy true four-season recreation with easy lake access for swimming, boating, water skiing, ice fishing, snowmobiling, and cross-country skiing — all just minutes from town amenities. This extraordinary estate offers unmatched beauty, versatility, and income potential. Book your private tour to see everything this remarkable property has to offer. (id:24570)

Location

Province AB

Rooms

Kitchen 2.0

Extra Room 1 Basement 40.17 Ft x 37.83 Ft Family room

Extra Room 2 Basement 16.00 Ft x 9.17 Ft Kitchen

Extra Room 3 Basement 11.83 Ft x 10.08 Ft Bedroom

Extra Room 4 Basement 11.75 Ft x 9.83 Ft Bedroom

Extra Room 5 Basement 9.50 Ft x 5.58 Ft 4pc Bathroom

Extra Room 6 Basement 18.42 Ft x 9.67 Ft Furnace

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Others

Ownership Freehold

Virtual Tour https://unbranded.youriguide.com/7h6ht_38551_range_rd_21_red_deer_county_ab/

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Listed by Coldwell Banker OnTrack Realty

Nearby Locations

GET MORE INFORMATION

Inder Malhi
Inder Malhi

Broker | License ID: 5023940

+1(613) 404-3610 | inder@malhirealestate.com

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38551 Range Road 21