For Sale: 274 Avenue, Foothills County, AB - REW
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$11,900,000
0 bd ba sf Land/Lot
$11,900,000
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274 AvenueFoothills County, AB, T1S 5L9

  • 0 Bed
  • Bath
  • Sqft
  • Land/Lot

About this home

The Springs at DeWinton is a rare chance to pick up a large, shovel-ready residential development site just south of Calgary. Foothills County has already approved an Area Concept Plan and the land use bylaw amendment behind it, supporting an 82-lot cluster residential community, and a development agreement is in place to build the infrastructure that goes with it. For a buyer who wants to move straight into a phased build-out, that groundwork is done. For a buyer with a different vision, the county has shown it will work through pre-application meetings on a redesign, whether that means fewer, larger country residential lots or a higher-density project in the style of nearby Heritage Point or Artesia. Two artesian groundwater wells are already in and licensed, and the adjacent Foothills Landing development is working with Corix Utilities to bring municipal water and sewer services to the area, which only strengthens the long-term case for this site. - 82-lot cluster residential concept plan approved, with an anticipated population of 221 (based on M.D. of Foothills 2021 civic census of 2.7 persons per dwelling) - Area Concept Plan approved, and the land use bylaw amendment remains in effect for all lots - Development agreement executed for essential infrastructure - Foothills County open to redesigning into larger country residential lots, or a higher density project, through pre-application meetings - Two existing artesian groundwater wells with water licenses already in place - Adjacent Foothills Landing development is working with Corix Utilities to extend municipal services to the area
Listed by: Shawn Hansen, Century 21 Foothills Real Estate

Home facts and features

Price details
List Price
$11,900,000
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
331 ft²
Agent details
Primary Agent
Primary Broker
Century 21 Foothills Real Estate
Secondary Agent
Secondary Broker
Century 21 Foothills Real Estate
Listing details
Days on REW
2 Days
MLS® Number
A2340877
Source
Pillar 9
Board
Calgary Real Estate Board
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Property Insights

St. Francis Of Assisi Academy
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Heritage Heights School
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