For Sale: 354096 48 Street E, Foothills County, AB - REW
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$1,499,900
3 bd 3 ba 1032 sf House

354096 48th Street EFoothills County, AB, T1S 1A7

  • 3 Bed
  • 3 Bath
  • 1032 Sqft
  • House

About this home

This rare 5-acre, annexed-into-town parcel at the east entrance of Okotoks offers exceptional visibility as you arrive on 48 Street, with elevated topography and sweeping mountain views—an increasingly scarce premium for future commercial or mixed-use development. Positioned directly east of Drake Landing along the paved roadway, the site is surrounded by established schools, commercial services, golf, and residential neighbourhoods, creating both immediate demand and long-term growth stability. Offered strictly as land value, the extensively renovated reverse-walkout bungalow adds meaningful holding utility, 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 includes a large family room, two additional bedrooms, a full bathroom, a laundry room, two electric fireplaces, and direct access to a concrete patio framed by a retaining wall—ideal for rental income, staff housing, or on-site use during planning and approvals. A strategic, high-exposure acquisition offering both short-term functionality and significant long-term upside in one of Okotoks’ most active and rapidly expanding corridors.
Listed by: Lorenda Coles, CIR Realty

Home facts and features

Price details
List Price
Home facts
Bedrooms
3
Full Bathrooms
2
Partial Bathrooms
1
Property Type
House
Lot Size
5 ft²
Year Built
Built in 2008 (18 yrs old)
Style
Acreage with Residence,Bungalow
Heating Type
Forced Air
Basement Details
Full
Features
Breakfast Bar, Electric, Gentle Sloping, In Basement, Interior Lot, No Smoking Home, Quartz Counters, Schools Nearby, Street Lights, Vinyl Windows
Amenities
Shopping Nearby
Appliances
Dishwasher, Dryer, Microwave Hood Fan, Refrigerator, Stove, Washer, Window Coverings
Agent details
Primary Agent
Primary Broker
CIR Realty
Listing details
Days on REW
1 Day
MLS® Number
A2332565
Source
Pillar 9
Board
Calgary Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Dr. Morris Gibson School
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Holy Trinity Academy
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Cameron Crossing School
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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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School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-07-27.