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164 Ridgestone Lane , Diamond Valley, AB
$599,900
Residential · MLS® A23250513Bedrooms
3Bathrooms
1,337.08Sq Ft
2Garage
2026Year Built
02 / Overview
PROPERTY OVERVIEW
If apartment living feels like too much of a leap, this villa gives you the softer landing. That is where this brand new three-bedroom, three full bathroom villa by Eric’s Custom Homes makes sense. You still get your own front door, your own space, a fully finished lower level, and a double attached garage — so it feels like a home, not a compromise. Located in a 45+ community in Diamond Valley, this is a good fit for someone who...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeDuplex
Total Finished Area1,337.08 sq ft
Lot Size3,721 sq ft
ZoningR2X
HeatingFireplace(s) • Forced Air
CoolingCentral Air
ParkingDouble Garage Attached
ExteriorBBQ gas line
BasementFull
Year Built2026
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$723After mortgage & expenses
Cap Rate3.0%Based on market rents
Cash on Cash Return-7.2%With 20% down payment
Est. Monthly Rent$2,490Based 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 Amy Bates · RE/MAX Complete Realty