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338172 224 Street W, Rural Foothills County, AB

$1,699,900

Residential · MLS® A2300068

5Bedrooms

4Bathrooms

3,162Sq Ft

3Garage

1990Year Built

02 / Overview

PROPERTY OVERVIEW

Discover unmatched privacy and refined country living on this exceptional 5.67-acre property in Millarville. Surrounded by mature birch and evergreens, the fully treed setting features a tranquil pond, expansive outdoor living spaces, and a beautifully upgraded partial walk-out bungalow—offering the perfect balance of nature and luxury.

Thoughtfully built with above-average construction standards, the home showcases a 16” on-center floor system incorporating engineered trusses and joists, paired with 3/4” tongue-and-groove plywood subflooring that is glued and screwed for a solid, quiet feel....

03 / Details

PROPERTY DETAILS

Property TypeResidential

Building TypeHouse

Total Finished Area3,162 sq ft

Lot Size246,985 sq ft

ZoningCR

HeatingFireplace(s) • Forced Air

CoolingNone

ParkingTriple Garage Attached

ExteriorFire Pit • Private Yard • RV Hookup • Storage

BasementFull

Year Built1990

04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,897After mortgage & expenses

Cap Rate3.1%Based on market rents

Cash on Cash Return-6.7%With 20% down payment

Est. Monthly Rent$5,784Based 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 Monika Lokietko · LPT Realty