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34128 Range Road 21 , Rural Red Deer County, AB

$799,900

Residential · MLS® A2303164
2Bedrooms
2Bathrooms
1,589Sq Ft
1966Year Built
02 / Overview

PROPERTY OVERVIEW

A property like this doesn’t come along often. Set on 10.00 ± acres in a highly desirable Central Alberta location, this exceptional acreage offers breathtaking panoramic mountain views, a fully equipped horse setup, and a beautifully upgraded bungalow—all surrounded by a serene, park-like setting. Equestrian-ready and thoughtfully laid out, the property features a barn, automatic watering system, pens, shelters, and a fully fenced outdoor riding arena—ideal for training, boarding, or personal enjoyment. Expansive pasture and mature trees provide both...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,589 sq ft
Lot Size436,035 sq ft
ZoningAG
HeatingForced Air • Propane
CoolingNone
ParkingQuad or More Detached
ExteriorOther • Private Yard
BasementFull
Year Built1966
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$741After mortgage & expenses
Cap Rate3.4%Based on market rents
Cash on Cash Return-5.6%With 20% down payment
Est. Monthly Rent$2,881Based 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 Dusty Smith · Royal LePage Network Realty Corp.