509 1 ST SE, Diamond Valley, AB T0L 0H0
509 1 ST SE, Diamond Valley, AB T0L 0H0
509 1 ST SE, Diamond Valley, AB T0L 0H0
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$449,900
Est. payment /mo
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2 Beds
1 Bath
792 SqFt
Active

509 1 ST SE Diamond Valley, AB T0L 0H0

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Blake King

Blake King

+1(403) 350-7672

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 792 sqft

Price per Sqft $568

MLS® Listing ID A2289449

Style Bungalow

Bedrooms 2

Full Baths 1

Year Built 1949

Annual Tax Amount $2,904

Tax Year 2025

Lot Size 0.275 Acres

Acres 0.27

Property Sub-Type Detached

Source Calgary

Property Description

Opportunity knocks with this 1949 bungalow situated on a rare double-wide 1,112 square meter lot in the heart of Diamond Valley. This 2-bedroom, 1-bathroom, 792 square foot home is a true handyman's special and is being offered primarily for land value making it an incredible opportunity for builders, investors, or anyone dreaming of creating their perfect home in a charming small town setting. The existing home features single level living, with a charming front porch, spacious living room, generous kitchen, as well as a large mudroom equipped with laundry hook-ups. The roof was replaced approx. 15 years ago, the hot water tank is only 5 years old and although the furnace is on the older side, it has been well maintained and runs perfectly. The property been rented to long-term tenants for many years, offering immediate holding potential. Whether you're considering building your dream home, undertaking a renovation, or seeking an immediate rental the possibilities here are endless. Build your custom dream home while continuing to live in the existing residence during construction. With the generous double lot, there's also exciting potential to build a second home while keeping the current property as a future in-law suite, income property, or Airbnb, subject to the approval and permitting by the town or municipality. Lots of this size and flexibility are a rare find in this desirable community. Diamond Valley offers the perfect blend of small-town charm and modern convenience. Families will appreciate local schools such as Turner Valley School and Oilfields High School, along with nearby amenities including shops, cafes and essential services right in town. Outdoor enthusiasts will love proximity to parks, pathways, and the Sheep River valley, as well as easy access to Kananaskis Country for year-round recreation. Located just minutes from Okotoks and an easy commute to Calgary, this property offers a peaceful escape from the city without sacrificing convenience. If you've been waiting for a large lot with unlimited potential in a growing and welcoming community, this is your chance.

Location

Province AB

County Foothills County

Zoning BD - SINGLE DETATCHED - R

Direction E

Rooms

Other Rooms 1

Basement Crawl Space

Interior

Interior Features See Remarks

Heating Forced Air

Cooling None

Flooring Carpet, Linoleum

Inclusions N/A - All Inclusions are sold AS-IS

Appliance Dishwasher, Electric Range, Refrigerator, Window Coverings

Laundry Washer Hookup

Exterior

Parking Features Alley Access, Driveway, Off Street, Parking Pad

Fence Partial

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Roof Type Asphalt

Porch Front Porch

Lot Frontage 100.33

Total Parking Spaces 2

Building

Lot Description Back Lane, Back Yard, Front Yard, Interior Lot

Foundation Block, None, Piling(s)

Architectural Style Bungalow

Level or Stories One

Structure Type Wood Frame

Others

Restrictions None Known

Tax ID 56478461

Ownership Private

Virtual Tour https://listings.foothillsrealestatemedia.ca/sites/509-1-st-se-diamond-valley-ab-t0l-0h0-22216194/branded#&gid=1&pid=27

Listed by Charles

Nearby Locations

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Blake King

Blake King

Broker | cakingblacakingbla

+1(403) 350-7672

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509 1 ST SE