275 University Drive West Lethbridge, AB T1J 4S6

$2,999,000
5
Beds
4
Baths
52.20
Acres
1,842
SQFT
1628
$/SQFT
$2,999,000
5
Beds
4
Baths
1,842   sf
$1628 / sf
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52 acre parcel in city limits, commanding view of Oldman River valley and City of Lethbridge, 1842 sq ft walkout bungalow, on machine terraced 3 acre building site. Area structure plan in place, 300 yards of University Drive frontage, potential for 15+ river valley view lots.SW flavoured house surrounded by mature spruce trees. East side has large windows lighting your large country kitchen (hickory cabinets), living room & master BR. Patio doors from kitchen & master BR lead to two cedar decks overlooking two terraces & river valley. 5 BRs & 4 full bathrooms, huge FR, craft room & den.$50,000 of improvements last three years; floors redone (fir & oak up, porcelain tile down), bathrooms renovated, fresh paint whole house, hot water tanks & septic tank. Exterior stucco, metal roof and metal clad windows.Property cross fenced for small horse boarding operation, capacity for 20+ horses. 1066 sq ft shop has walkout basement, two stables & 6 tack boxes. Upper flr has shop and storage (potential garden suite). 200,000 gallon pond cleaned in 2020. Paddocks & lighted outdoor riding arena on lower terrace. Engineering report completed, set back lines delineated.Vendor financing available, min $1 million down, balance in 4 annual installments at 2%.This is a rare opportunity to own a very unique property that will not come up for sale often.

52 acre parcel in city limits, commanding view of Oldman River valley and City of Lethbridge, 1842 sq ft walkout bungalow, on machine terraced 3 acre building site. Area structure plan in place, 300 yards of University Drive frontage, potential for 15+ river valley view lots.SW flavoured house surrounded by mature spruce trees. East side has large windows lighting your large country kitchen (hickory cabinets), living room & master BR. Patio doors from kitchen & master BR lead to two cedar decks overlooking two terraces & river valley. 5 BRs & 4 full bathrooms, huge FR, craft room & den.$50,000 of improvements last three years; floors redone (fir & oak up, porcelain tile down), bathrooms renovated, fresh paint whole house, hot water tanks & septic tank. Exterior stucco, metal roof and metal clad windows.Property cross fenced for small horse boarding operation, capacity for 20+ horses. 1066 sq ft shop has walkout basement, two stables & 6 tack boxes. Upper flr has shop and storage (potential garden suite). 200,000 gallon pond cleaned in 2020. Paddocks & lighted outdoor riding arena on lower terrace. Engineering report completed, set back lines delineated.Vendor financing available, min $1 million down, balance in 4 annual installments at 2%.This is a rare opportunity to own a very unique property that will not come up for sale often.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Last updated: 2022-08-01 06:38:08
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Property details

Community Features

  • No HOA

Exterior features

  • Deck
  • Has garage
  • Garage Attached
  • No Pool

Property History

DateDays AgoEventNew Price
Sep 24, 202111 mos agoPrice decreased201,000 (6%)$2,999,000
May 13, 20211 yr agoPrice increased200,000 (6%)$3,200,000
Apr 16, 20211 yr agoPrice decreased1,000,000 (25%)$3,000,000
Apr 13, 20211 yr agoNew on market$4,000,000
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