For Sale: 354096 48 Street E, Foothills County, AB - REW
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$1,248,888
3 bd • 3 ba • 1032 sf • House
354096 48 Street E
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$1,248,888
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354096 E 48th StreetFoothills County, AB, T1S 1A7

  • 3 Bed
  • 3 Bath
  • 1032 Sqft
  • House

About this home

This rare 5-acre ALH-zoned parcel, annexed into the Town of Okotoks and positioned at the east entrance along 48 Street, offers exceptional visibility with elevated topography and sweeping mountain views—an increasingly scarce premium for future development. Located directly east of Drake Landing on the paved roadway, the site is surrounded by established schools, commercial services, golf, and residential neighbourhoods, supporting both immediate demand and long-term growth stability. The extensively renovated reverse-walkout bungalow provides meaningful holding value, featuring a bright upper level with a spacious primary bedroom and updated 4-piece ensuite, a modern 2-piece powder room, a large living room, quartz counters, stainless steel appliances, low-maintenance LVP flooring, and a generous deck capturing the mountain views. The lower walkout level offers a large family room, two additional bedrooms, a full bathroom, laundry room, two electric fireplaces, and direct access to a concrete patio framed by a retaining wall—ideal for comfortable family living close to town. A strategic, high-exposure acquisition with strong present-day residential utility and significant long-term upside, including past discussions with the Town regarding the potential for a 3,200 sq.ft. shop (subject to buyer due diligence and approvals). Renovated, valuable, and positioned for future opportunity—this parcel represents one of Okotoks’ most compelling hold-and-develop offerings.
Listed by: Lorenda Coles, CIR Realty

Home facts and features

Price details
List Price
$1,248,888
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Home facts
Bedrooms
3
Full Bathrooms
2
Partial Bathrooms
1
Property Type
House
Lot Size
5.0 acres
Year Built
Built in 2008 (18 yrs old)
Style
Acreage with Residence,Bungalow
Exterior Finish
Stone, Stucco
Heating Type
Forced Air
Basement Details
Full
Features
Breakfast Bar, Deck, In Basement, No Smoking Home, Patio, Quartz Counters, Schools Nearby, Shopping Nearby, Street Lights, Vinyl Windows
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
Agent details
Primary Agent
Primary Broker
CIR Realty
Listing details
Days on REW
91 Days
Property Views
33
MLS® Number
A2332565
Source
Pillar 9
Board
Calgary Real Estate Board
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Property Insights

Dr. Morris Gibson School
  • n/a
  • -
Holy Trinity Academy
  • n/a
  • -
Cameron Crossing School
  • n/a
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Okotoks Home Schooling
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The Centre For Learning@home
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Percy Pegler Elementary School
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École Beausoleil
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Okotoks Junior High School
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Good Shepherd School
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St. Mary's School
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Call Agent
Lorenda Coles
Phone:
(403) 998-2544
Cell:
403-998-2544
Office:
403-294-1500
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