INVESTMENT OPPORTUNITY – 5 Acres of Prime Development Land Within Okotoks Town Boundaries! Strategically located along the 48 ST in the Town of Okotoks, this exceptional parcel offers outstanding exposure, elevated topography, and sweeping mountain views. The property falls within an Area that with approval could support commercial and light industrial uses, making it a rare opportunity for investors, developers, and land bankers seeking long-term upside in one of Alberta's fastest-growing communities.
Currently zoned ALH (Agricultural & Land Holdings District), the property offers immediate utility while future development plans evolve. The fully renovated bungalow provides over 1990 sq. ft. of developed living space, featuring 3 bedrooms, 2 bathrooms, quartz countertops, stainless steel appliances, upgraded flooring, multiple living areas, covered outdoor spaces, and stunning views. This creates excellent holding income or owner-occupancy potential while protecting future development value.
The usable acreage provides flexibility for a variety of interim uses, including equipment storage, RV storage, and other potential commercial applications, subject to municipal approvals. Surrounded by established residential communities, schools, recreation amenities, golf, and commercial services, this high-profile parcel combines present-day residential enjoyment with significant future development potential. Large land holdings within Okotoks are becoming increasingly scarce, making this a compelling hold-and-develop opportunity with exceptional long-term investment value.
Currently zoned ALH (Agricultural & Land Holdings District), the property offers immediate utility while future development plans evolve. The fully renovated bungalow provides over 1990 sq. ft. of developed living space, featuring 3 bedrooms, 2 bathrooms, quartz countertops, stainless steel appliances, upgraded flooring, multiple living areas, covered outdoor spaces, and stunning views. This creates excellent holding income or owner-occupancy potential while protecting future development value.
The usable acreage provides flexibility for a variety of interim uses, including equipment storage, RV storage, and other potential commercial applications, subject to municipal approvals. Surrounded by established residential communities, schools, recreation amenities, golf, and commercial services, this high-profile parcel combines present-day residential enjoyment with significant future development potential. Large land holdings within Okotoks are becoming increasingly scarce, making this a compelling hold-and-develop opportunity with exceptional long-term investment value.
Property Details
Price:
$1,248,888
MLS #:
A2358065
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Detached
Listed Date:
Nov 11, 2026
Finished Sq Ft:
1,031
Lot Size:
217,800 sqft / 5.00 acres (approx)
Year Built:
2008
See this Listing
Schools
Interior
Appliances
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
Basement
Full
Bathrooms Full
2
Bathrooms Half
1
Laundry Features
In Basement
Exterior
Exterior Features
None
Lot Features
Gentle Sloping, Interior Lot
Parking Features
None
Patio And Porch Features
Deck, Patio
Roof
Asphalt
Financial
Map
Community
- Address354096 48 Street E Okotoks AB
- CityOkotoks
- CountyFoothills County
- Zip CodeT1S 1A7
Subdivisions in Okotoks
- Air Ranch
- Business Park
- Cimarron
- Cimarron Estates
- Cimarron Grove
- Cimarron Hill
- Cimarron Meadows
- Cimarron Park
- Cimarron Springs
- Cimarron Vista
- Crystal Green
- Crystal Shores
- Crystalridge
- D’arcy Ranch
- Downey Ridge
- Drake Landing
- Heritage Okotoks
- Mountainview
- Sheep River Ridge
- Southbank Business Park
- Suntree
- Tillotson
- Tower Hill
- Wedderburn
- Westmount_OK
- Westridge
- Woodhaven
Market Summary
Current real estate data for Single Family in Okotoks as of Nov 12, 2026
100
Single Family Listed
39
Avg DOM
420
Avg $ / SqFt
$734,828
Avg List Price
Property Summary
- 354096 48 Street E Okotoks AB is a Single Family for sale in Okotoks, AB, T1S 1A7. It is listed for $1,248,888 and features 3 beds, 3 baths, and has approximately 1,031 square feet of living space, and was originally constructed in 2008. The current price per square foot is $1,211. The average price per square foot for Single Family listings in Okotoks is $420. The average listing price for Single Family in Okotoks is $734,828. To schedule a showing of MLS#a2358065 at 354096 48 Street E in Okotoks, AB, contact your Rob Johnstone agent at (403) 730-2330 .
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354096 48 Street E
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