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LAKE VIEW & MILO ESTATES

9, 185006 Rr 220 , Rural Vulcan County, AB

$997,000

Residential · MLS® A2321092
3Bedrooms
3Bathrooms
2,988.37Sq Ft
2Garage
2007Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to an extraordinary 2.5-acre lakefront estate on the peaceful shores of Lake McGregor — a rare opportunity to own a beautifully crafted home that blends privacy, elegance, and year-round recreation. Designed for both comfort and sophistication, this spacious residence features 3 bedrooms, 2.5 bathrooms, two full kitchens, two attached garages, hardwood flooring, two gas fireplaces, and a breathtaking wrap-around deck overlooking the water. From the moment you arrive, the property’s expansive setting and natural beauty create a...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,988.37 sq ft
Lot Size108,900 sq ft
ZoningRR
HeatingForced Air • Natural Gas
CoolingNone
ParkingSingle Garage Attached
ExteriorGarden • Storage
BasementPartial
Year Built2007
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$776After mortgage & expenses
Cap Rate5.4%Based on market rents
Cash on Cash Return4.7%With 20% down payment
Est. Monthly Rent$5,380Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LAKE VIEW & MILO ESTATES

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Listed by Sarah Langenhoff · Century 21 Foothills Real Estate