1542 Township Road 324, Rural Mountain View County, Alberta T4H 0E5

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$1,895,000

Highlights

$1,895,000

Price

For sale

Status

A2287957

MLS® ID

Strategic Urban Fringe Investment | 159 Acres at Olds Town LimitsRare opportunity to secure a premier quarter section (159.0 acres) situated on the immediate southwest boundary of Olds, AB. This highly productive parcel offers the perfect synergy of agricultural income, immediate residential potential, and long-term urban-fringe appreciation.Land & Production: Features approximately 92 acres of high-quality cultivated cropland, with the balance in lush pasture and a mature, treed yard site. Whether you are expanding your agricultural portfolio or seeking a massive private estate, the land is as productive as it is beautiful.Infrastructure & Income: The yard site is accessed via dual approaches directly off pavement and is fully serviced with power, a drilled water well (8 g.p.m.), a steel quonset with power & concrete floor, a traditional red barn with steel roof, and two steel grain bins. Benefit from immediate cash flow with rental income (Ag land & old house tenants in place until Oct 31, 2026), providing a steady ROI while you finalize your development or building plans.Future Potential: Situated in the path of growth, this property offers significant subdivision potential (subject to county approval), including the original yard site or a possibly a naturally severed parcel in the SW corner. List price is strategically based on land value, services, and outbuildings—the existing home is rented but requires substantial maintenance/repairs and upgrading throughout. Invest for the future; build for the generations. Opportunities of this scale on the doorstep of town limits are a rare find. (id:55690)

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    FEATURES AND AMENITIES

    Property Features

    • MLS® Number A2287957
    • Price $1,895,000
    • Features See Remarks, Wetlands
    • Road Type Paved Road
    • Structure Barn
    • View Type View

    Buildings

    Age Age Is Unknown Utility Power Single Phase
    Utility Water Well, Private Utility

    Land

    Acreage Yes Fence Type Partially Fenced
    Size Irregular 159.00 Size Total 159 Ac|80 - 160 Acres
    Size Total Text 159 Ac|80 - 160 Acres Zoning Description 1

    Agents and Offices

    • Rees Smith
    • Office: Cir Realty

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