242069 Vale View Road, Rural Rocky View County, AB T1X2G4
242069 Vale View Road, Rural Rocky View County, AB T1X2G4
242069 Vale View Road, Rural Rocky View County, AB T1X2G4
242069 Vale View Road, Rural Rocky View County, AB T1X2G4
242069 Vale View Road, Rural Rocky View County, AB T1X2G4
242069 Vale View Road, Rural Rocky View County, AB T1X2G4
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$ 1,799,000
Est. payment | /mo

3 Beds

2 Baths

2,431 SqFt


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$ 1,799,000
Est. payment | /mo
Save

3 Beds

2 Baths

2,431 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2431

Square Footage 2,431 sqft

Price per Sqft $740

MLS® Listing ID A2353865

Bedrooms 3

Half Baths 1

Year Built 1987

Lot Size 151.210 Acres

Acres 151.21

Property Sub-Type Freehold

Property Description

Offering 151.21 acres of strategically positioned land on the north side of Highway 1, between Chestermere and Wheatland County, this property presents an opportunity to secure a substantial land holding in one of the key growth corridors east of Calgary. Located between the Trans-Canada Highway and the CNR rail line, with access via Vale View Road, the property is well situated for investors and land bankers looking toward the region's continued industrial and commercial growth. Existing lease agreements provide reported annual income of $49,707.40, offering revenue while the property remains in agricultural use. Income sources include $38,400 annually from the residential lease, $6,300 from the crop lease, $3,095.40 from AltaLink, and $1,912 from Ember. Currently used for agricultural purposes, the land comprises a mix of cultivated fields and grazing areas, with predominantly Class 2 soil. The surrounding area continues to attract major investment, including the De Havilland Canada manufacturing plant development and expanding industrial activity in neighboring Wheatland County, adding to the long-term interest in this strategic location. This property includes a two-story residence with approximately 2,431 sq. ft. of developed space, a double detached garage, and a steel Quonset. The same tenant has resided in the property for over 10 years and it needs a considerable amount of work. The property is being offered for land value only, and all existing structures are being sold AS IS, with no value attributed to the buildings. Services are available to the property, and its location provides convenient connectivity to Calgary, Chestermere, Langdon, Strathmore, Highway 1, and major regional transportation routes. Whether you are looking to acquire income-generating agricultural land, secure a long-term land holding, or explore future opportunities in a growing commercial and industrial corridor, this 151.21-acre property offers scale, accessibility, and existing re venue in a strategic location. IMPORTANT: Property is being sold for land value only. A tenant currently occupies the property. Do not enter the property or approach the residence without a confirmed appointment. All viewings must be have a minimum 24 hrs notice. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Extra Room 1 Second level .00 Ft x .00 Ft 4pc Bathroom

Extra Room 2 Second level 12.00 Ft x 14.00 Ft Primary Bedroom

Extra Room 3 Second level 10.00 Ft x 11.00 Ft Bedroom

Extra Room 4 Second level 10.00 Ft x 10.00 Ft Bedroom

Extra Room 5 Main level Measurements not available 2pc Bathroom

Interior

Heating Forced air

Cooling None

Flooring Carpeted, Ceramic Tile, Laminate

Fireplaces Number 1

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

Fence Fence

View Y/N No

Attached Garage No

Total Parking Spaces 10

Garage Yes

Private Pool No

Building

Lot Description Fruit trees, Lawn

Story 2

Sewer Septic Field, Septic tank

Others

Ownership Freehold

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Listed by Royal LePage Benchmark

Nearby Locations

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+1(825) 449-1679

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1816 Crowchild Trail NW # 700, Calgary, T2M 3Y7, Canada

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242069 Vale View Road