For Sale: 242069 Vale View Road, Rural Rocky View County, AB - REW
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$1,799,000
3 bd • 2 ba • 2431 sf • House
242069 Vale View Road
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$1,799,000
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242069 Vale View RoadRural Rocky View County, AB, T1X 2G4

  • 3 Bed
  • 2 Bath
  • 2431 Sqft
  • House

About this home

Offering 151.21 acres of strategically positioned land on the north side of Highway 1, between Chestermere and Wheatland County, this property presents an opportunity to secure a substantial land holding in one of the key growth corridors east of Calgary. Located between the Trans-Canada Highway and the CNR rail line, with access via Vale View Road, the property is well situated for investors and land bankers looking toward the region’s continued industrial and commercial growth. Existing lease agreements provide reported annual income of $49,707.40, offering revenue while the property remains in agricultural use. Income sources include $38,400 annually from the residential lease, $6,300 from the crop lease, $3,095.40 from AltaLink, and $1,912 from Ember. Currently used for agricultural purposes, the land comprises a mix of cultivated fields and grazing areas, with predominantly Class 2 soil. The surrounding area continues to attract major investment, including the De Havilland Canada manufacturing plant development and expanding industrial activity in neighboring Wheatland County, adding to the long-term interest in this strategic location. This property includes a two-story residence with approximately 2,431 sq. ft. of developed space, a double detached garage, and a steel Quonset. The same tenant has resided in the property for over 10 years and it needs a considerable amount of work. The property is being offered for land value only, and all existing structures are being sold AS IS, with no value attributed to the buildings. Services are available to the property, and its location provides convenient connectivity to Calgary, Chestermere, Langdon, Strathmore, Highway 1, and major regional transportation routes. Whether you are looking to acquire income-generating agricultural land, secure a long-term land holding, or explore future opportunities in a growing commercial and industrial corridor, this 151.21-acre property offers scale, accessibility, and existing revenue in a strategic location. IMPORTANT: Property is being sold for land value only. A tenant currently occupies the property. Do not enter the property or approach the residence without a confirmed appointment. All viewings must be have a minimum 24 hrs notice.
Listed by: Heather Dougall, Royal LePage Benchmark

Home facts and features

Price details
List Price
$1,799,000
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Home facts
Bedrooms
3
Full Bathrooms
1
Partial Bathrooms
1
Parking Spaces
10
Property Type
House
Lot Size
151.21 acres
Year Built
Built in 1987 (39 yrs old)
Style
2 Storey,Acreage with Residence
Exterior Finish
Stone, Vinyl Siding, Wood Frame
Heating Type
Forced Air
Basement Details
Full
Features
Balcony(s), Deck, In Basement, Separate Entrance
Agent details
Primary Agent
Primary Broker
Royal LePage Benchmark
Listing details
Days on REW
3 Days
Property Views
16
MLS® Number
A2353865
Source
Pillar 9
Board
Calgary Real Estate Board
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Property Insights

Langdon School
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Sarah Thompson School
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East Lake School
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Chestermere Learning Connection
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Chestermere Lake Middle School
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St. Gabriel The Archangel School
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Prairie Waters Elementary School
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Rainbow Creek Elementary School
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Our Lady Of Wisdom School
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Tyndale Christian School
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Call Agent
Heather Dougall
Phone:
(403) 807-8538
Cell:
403-807-8538
Office:
403-253-1901
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