2650 55 Street Red Deer, AB T4P 0Y3

$4,750,000
4
Beds
2.5
Baths
2.85
Acres
4,080
SQFT
1164
$/SQFT
$4,750,000
4
Beds
2.5
Baths
4,080   sf
$1164 / sf
Favorite

active
1/13
Street View

Opportunities like this are rare—just under 3 acre acreage property located right within the City of Red Deer offering space, privacy, and exceptional future potential. Positioned just off Highway 11, this property benefits from excellent exposure and accessibility while still providing a private, established setting. Set on a generously sized parcel, the property features a large existing home surrounded by mature landscaping, creating a peaceful environment with the convenience of surrounding city amenities. What truly sets this property apart is its subdivision into two separate lots, opening the door to a wide range of possibilities. Whether you’re looking to hold as an investment, redevelop, or explore multi unit opportunities, the potential here is substantial. With the possibility for rezoning (subject to city approval), this site could accommodate additional residential development, townhomes, a gated community concept, or even select commercial uses such as a strip style retail development. The combination of location, land size, and flexibility makes this an attractive option for builders, developers, and investors alike. Properties offering this level of versatility within city limits are increasingly hard to find. A rare opportunity to secure a high visibility parcel with both immediate use and long term upside.

Opportunities like this are rare—just under 3 acre acreage property located right within the City of Red Deer offering space, privacy, and exceptional future potential. Positioned just off Highway 11, this property benefits from excellent exposure and accessibility while still providing a private, established setting. Set on a generously sized parcel, the property features a large existing home surrounded by mature landscaping, creating a peaceful environment with the convenience of surrounding city amenities. What truly sets this property apart is its subdivision into two separate lots, opening the door to a wide range of possibilities. Whether you’re looking to hold as an investment, redevelop, or explore multi unit opportunities, the potential here is substantial. With the possibility for rezoning (subject to city approval), this site could accommodate additional residential development, townhomes, a gated community concept, or even select commercial uses such as a strip style retail development. The combination of location, land size, and flexibility makes this an attractive option for builders, developers, and investors alike. Properties offering this level of versatility within city limits are increasingly hard to find. A rare opportunity to secure a high visibility parcel with both immediate use and long term upside.

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Red Deer
  • Status
    Active
  • Listing #
    A2299290
  • Built
    1990
  • Lot Size
    2.85
  • Listed on site
    70 days
  • Listing Brokerage
    Century 21 Bravo Realty

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: 2026-06-06 00:30:53
Click for Map
Smart Commute Planner
Add a destination

Property details

Community Features

  • No HOA

Exterior features

  • Has garage
  • Garage Attached
  • No Pool

Interior Features

  • Carpet Floors
  • Basement Full

Style

  • Two Story
rating icon
No deal rating
NEW!
Favorite

Tour This Home

Wed
17Jun
Thu
18Jun
Fri
19Jun
Sat
20Jun
Sun
21Jun
Mon
22Jun
Tue
23Jun
Wed
24Jun
Thu
25Jun
Fri
26Jun
Sat
27Jun
Sun
28Jun
Mon
29Jun
Tue
30Jun
in Person
via Video Call