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39 Ridge Drive , Rural Ponoka County, AB
$649,900
Residential · MLS® A23206693Bedrooms
2Bathrooms
1,042.61Sq Ft
4Garage
2019Year Built
02 / Overview
PROPERTY OVERVIEW
Escape to the beauty of Gull Lake with this exceptional lake life property offering the perfect blend of comfort, space, and recreation. The charming main home features 3 bedrooms, 1.5 bathrooms, open ceilings, and a bright open-concept design that creates a warm and inviting atmosphere for family gatherings and entertaining.
Adding to the property's appeal is a spacious unfished loft above the oversized garage, with 4 additional bedrooms, open kitchen living room area providing ample accommodation for guests, extended family, or...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,042.61 sq ft
Lot Size20,473 sq ft
ZoningLR
HeatingBoiler • High Efficiency • In Floor • Fireplace Insert • Natural Gas
CoolingNone
ParkingGarage Door Opener • Gravel Driveway • Insulated • Oversized • Quad or More Detached • RV Access/Parking • RV Garage • Secured
ExteriorBalcony • BBQ gas line • Fire Pit • Outdoor Kitchen • Outdoor Shower • Private Yard • RV Hookup • Storage
BasementFull
Year Built2019
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$950After mortgage & expenses
Cap Rate2.7%Based on market rents
Cash on Cash Return-8.8%With 20% down payment
Est. Monthly Rent$1,975Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Teena Dunn · CIR Realty