Active

NONE

161194 538 Avenue W, Rural Foothills County, AB

$1,999,999

Residential · MLS® A2326123
3Bedrooms
3Bathrooms
1,871.7Sq Ft
3Garage
2005Year Built
02 / Overview

PROPERTY OVERVIEW

AN EXCEPTIONAL TURNKEY FOOTHILLS LEGACY PROPERTY! Privately tucked beyond the western ridge of Highway 22 on 156.02 titled acres, this remarkable property offers breathtaking west-facing mountain views, exceptional privacy, recurring income, and thoughtfully developed improvements. A winding driveway meanders through rolling terrain before arriving at a beautifully secluded homesite nestled amongst mature trees, creating a peaceful setting with very little highway noise while still offering convenient access to Diamond Valley, Longview and the surrounding Foothills. Completed in approximately 2005, the...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,871.7 sq ft
Lot Size6,796,231 sq ft
ZoningAG
HeatingIn Floor • Propane • See Remarks • Wood • Wood Stove
CoolingNone
Parking220 Volt Wiring • Additional Parking • Gravel Driveway • Heated Garage • Parking Pad • See Remarks • Triple Garage Detached • Workshop in Garage
ExteriorFire Pit • Private Entrance • Private Yard • Storage
BasementNone
Year Built2005
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$5,656After mortgage & expenses
Cap Rate1.1%Based on market rents
Cash on Cash Return-17.0%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

Needs Review
Loading map...
Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Denton Wigemyr · Century 21 Foothills Real Estate