2650 55 Street, Red Deer, Alberta T4P0Y3

Listing courtesy of Century 21 Bravo Realty.

$4,750,000
4
BD
3
BA
4,080
SqFt

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List Price
$4,750,000
MLS®
A2299290
Days on Market
112
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
4
Bathrooms
3
Living Area
4,080
Lot Size Dimensions
2.85
Lot Size
124,146

Property Description

Opportunities like this are rare—just under 3 acre acreage property located right within the City of Red Deer offering space, privacy, and exceptional future potential. Positioned just off Highway 11, this property benefits from excellent exposure and accessibility while still providing a private, established setting. Set on a generously sized parcel, the property features a large existing home surrounded by mature landscaping, creating a peaceful environment with the convenience of surrounding city amenities. What truly sets this property apart is its subdivision into two separate lots, opening the door to a wide range of possibilities. Whether you’re looking to hold as an investment, redevelop, or explore multi unit opportunities, the potential here is substantial. With the possibility for rezoning (subject to city approval), this site could accommodate additional residential development, townhomes, a gated community concept, or even select commercial uses such as a strip style retail development. The combination of location, land size, and flexibility makes this an attractive option for builders, developers, and investors alike. Properties offering this level of versatility within city limits are increasingly hard to find. A rare opportunity to secure a high visibility parcel with both immediate use and long term upside. (id:5764)

Additional Information

Ownership
Freehold
Garage
Yes
Parking Spaces
12
Construction Materials
Wood frame
Cooling
None
Country
Canada
Flooring
Tile, Carpeted, Vinyl
Sewer
Septic tank
Heating
Forced air
Lot Features
Treed, No Smoking Home
Stories
2
Lot Size
124,146

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Calculator source: Real Geeks