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1262 Township Road 391 , Rural Red Deer County, AB

$1,244,999

Residential · MLS® A2135963
4Bedrooms
2Bathrooms
1,298.6Sq Ft
1Garage
1964Year Built
02 / Overview

PROPERTY OVERVIEW

Perched high above the shimmering waters of Central Alberta’s premier recreation destination, this 15.96-acre estate offers a vantage point like no other. Imagine waking up to sweeping mountain, town, and lake views from your custom-built dream home or a masterfully renovated vintage farmhouse.

This isn’t just a homesite; it’s a lifestyle and a savvy investment combined. The property features a classic 1964 bungalow with a solid foundation for renovation, a recently upgraded septic system, and a secure automatic entry gate. For...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,298.6 sq ft
Lot Size695,217 sq ft
ZoningAG
HeatingForced Air • Natural Gas
CoolingNone
ParkingSingle Garage Attached
ExteriorDog Run • Private Yard • Storage
BasementFull
Year Built1964
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$3,064After mortgage & expenses
Cap Rate1.5%Based on market rents
Cash on Cash Return-14.8%With 20% down payment
Est. Monthly Rent$2,473Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

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Needs Review
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Rees Smith · CIR Realty