32260 Range Road 41 Rural Mountain View County, AB T4H 1P3

$1,095,000
160.00
Acres
1,500
SQFT
730
$/SQFT
$1,095,000
1,500   sf
$730 / sf
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off the market
1/23
Street View

Welcome to a remarkable opportunity just 20 minutes west of Olds! With $21,000 +/- per year in surface lease revenue, this property offers not only great land but also a solid income stream. This full, uncut quarter section, consisting of a 160-acre property, includes 129.6 acres of cropland, 15.18 acres of low ground, 3.31 acres of surface lease, and 12.25 acres of yard site. It boasts immense potential to either subdivide out the homestead or keep it as a full package. It features a main house, multiple barns, and a garage. While the property and buildings require extensive cleanup, the possibilities are endless.The main house, approximately 1,500 sq. ft., has seen some key upgrades, including a new furnace, metal roof, and hot water heater, adding value and efficiency. However, it still needs significant work and is a perfect project for someone looking to customize their living space. The barns, sized at 1,900 sq. ft., 1,500 sq. ft., and another 1,500 sq. ft., along with a spacious 1,300 sq. ft. garage, provide ample space for various uses. Currently, the property is being used for sheep farming, so it also contains a substantial amount of corralled area. The farmland here is of exceptional quality, perfect for those looking to expand their agricultural ventures.There are several avenues to explore with this homestead. You can choose to build a beautiful new house on the pre-established site, subdivide it for sale, or even clear the existing structures to expand your farmland. The property also features an insulated concrete basement foundation that has never been utilized or built upon, presenting further development potential.

Welcome to a remarkable opportunity just 20 minutes west of Olds! With $21,000 +/- per year in surface lease revenue, this property offers not only great land but also a solid income stream. This full, uncut quarter section, consisting of a 160-acre property, includes 129.6 acres of cropland, 15.18 acres of low ground, 3.31 acres of surface lease, and 12.25 acres of yard site. It boasts immense potential to either subdivide out the homestead or keep it as a full package. It features a main house, multiple barns, and a garage. While the property and buildings require extensive cleanup, the possibilities are endless.The main house, approximately 1,500 sq. ft., has seen some key upgrades, including a new furnace, metal roof, and hot water heater, adding value and efficiency. However, it still needs significant work and is a perfect project for someone looking to customize their living space. The barns, sized at 1,900 sq. ft., 1,500 sq. ft., and another 1,500 sq. ft., along with a spacious 1,300 sq. ft. garage, provide ample space for various uses. Currently, the property is being used for sheep farming, so it also contains a substantial amount of corralled area. The farmland here is of exceptional quality, perfect for those looking to expand their agricultural ventures.There are several avenues to explore with this homestead. You can choose to build a beautiful new house on the pre-established site, subdivide it for sale, or even clear the existing structures to expand your farmland. The property also features an insulated concrete basement foundation that has never been utilized or built upon, presenting further development potential.

  • Neighborhood
  • Type
  • County
    Mountain View County
  • Status
    OM
  • Listing #
    A2149971
  • Built
    1964
  • Lot Size
    160.00
  • Listed on site
    44 days
  • Listing Brokerage
    RE/MAX real estate central alberta - Lacombe

Listed by:

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: 2024-08-31 02:34:41
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Property details

Community Features

  • No HOA

Exterior features

  • Barn
  • No Pool

Interior Features

  • Basement Full
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