$940,000
$950,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
129.7 Acres Lot
SOLD DATE : 02/03/2023
Key Details
Sold Price $940,000
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Sold
Purchase Type For Sale
MLS® Listing ID A2020698
Sold Date 02/03/23
Originating Board Central Alberta
Annual Tax Amount $281
Tax Year 2022
Lot Size 129.700 Acres
Acres 129.7
Property Description
Imagine owning 130 Acres right on Highway 20 & Rainy Creek Road ~ roughly 10 minutes from Sylvan Lake, 10 minutes from Bentley, and 10 minutes from Sunbreaker Cove. This property gets $15,700 in revenue from two renters and an oil lease income. There is 80 acres rented out for farm land on the west side and approximately 50 acres rented out for pasture on the east. Admire the fresh water spring that runs through the property on the pasture side which helps feed the cows. There is also weeping tile under the farmland that catches the water and directs it to come out by the road on the east side. You can access the land right off on Highway 20 or if you turn right on Rainy Creek Road, go around the bend, there is a second entrance to the pasture side. Build your future home here in this spectacular location, or use it for its amazing farm land, or lease it out - options are endless. This opportunity doesn't come around often.
Location
Province AB
County Lacombe County
Zoning AG
Exterior
Fence Fenced
Building
Lot Description Farm, Few Trees, Seasonal Water, Level
Others
Restrictions None Known
Tax ID 79417005
Ownership Joint Venture
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