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38 Heart Road , Lac Des Arcs, AB

$1,950,000

Residential · MLS® A2293915
4Bedrooms
4Bathrooms
3,202Sq Ft
8Garage
1978Year Built
02 / Overview

PROPERTY OVERVIEW

**OPEN HOUSE SATURDAY, MARCH 21 11am-4pm.** Wake up to breathtaking mountain views and the peaceful beauty of Lac des Arcs. This private and pristine half-acre mountain retreat offers spectacular scenery and surrounds you with the incredible outdoor lifestyle that defines the Bow Valley.

This beautifully designed home offers over 4,300 square feet of developed living space, featuring soaring vaulted ceilings, rustic wide-plank flooring, rough-cut timber beams, warm cedar ceilings, and skylights that flood the home with natural light. A...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area3,202 sq ft
Lot Size22,215 sq ft
ZoningR1
HeatingBoiler • In Floor • Fireplace Insert • Forced Air • Natural Gas • Wood • Wood Stove • Zoned
CoolingNone
Parking220 Volt Wiring • Additional Parking • Double Garage Attached • Front Drive • Heated Garage • Insulated • Multiple Driveways • Quad or More Detached • Rear Drive • Workshop in Garage
ExteriorBalcony • Fire Pit
BasementFull
Year Built1978
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$2,965After mortgage & expenses
Cap Rate2.6%Based on market rents
Cash on Cash Return-9.1%With 20% down payment
Est. Monthly Rent$5,804Based 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 Linda James · TREC The Real Estate Company