354096 48 ST E, Okotoks, AB T1S 1A7
354096 48 ST E, Okotoks, AB T1S 1A7
354096 48 ST E, Okotoks, AB T1S 1A7
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$1,299,000
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3 Beds
3 Baths
1,031 SqFt
Price Dropped by $100K

354096 48 ST E Okotoks, AB T1S 1A7

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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 1,031 sqft

Price per Sqft $1,259

MLS® Listing ID A2332565

Style Acreage with Residence,Bungalow

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 2008

Annual Tax Amount $4,872

Tax Year 2026

Lot Size 5.000 Acres

Acres 5.0

Property Sub-Type Detached

Source Calgary

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.

Location

Province AB

County Foothills County

Zoning ALH

Direction W

Rooms

Other Rooms 1

Basement Full

Interior

Interior Features Breakfast Bar, No Smoking Home, Quartz Counters, Vinyl Windows

Heating Forced Air

Cooling None

Flooring Vinyl Plank

Fireplaces Number 2

Fireplaces Type Electric

Inclusions None

Appliance Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings

Laundry In Basement

Exterior

Parking Features None

Fence Partial

Community Features Schools Nearby, Shopping Nearby, Street Lights

Roof Type Asphalt

Porch Deck, Patio

Building

Lot Description Gentle Sloping, Interior Lot

Foundation Poured Concrete

Architectural Style Acreage with Residence, Bungalow

Level or Stories One

Structure Type Stone,Stucco

Others

Restrictions None Known

Tax ID 112730811

Ownership Private

Virtual Tour https://photos4remedia.s3.ca-central-1.amazonaws.com/orders/cms3alt6y0001lf04mx3dfp2s/videos/cc4a57c5-e7b5-4aa0-a1a7-58aaff7bbe54.mp4

Listed by CIR Realty

Nearby Locations

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Blake King

Blake King

Broker cakingblacakingbla

+1(403) 350-7672

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354096 48 ST E