This rare five-acre, annexed-into-town parcel at the east entrance of Okotoks offers exceptional visibility as you arrive on forty-eight 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, commercia
This rare five-acre, annexed-into-town parcel at the east entrance of Okotoks offers exceptional visibility as you arrive on forty-eight 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 neighborhoods, 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 four-piece ensuite, a modern two-piece powder room, a large living room, quartz counters, stainless steel appliances, low-maintenance luxury vinyl plank 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.
Founded in 1983, CIR REALTY is one of Canada’s largest and most respected independent real estate brokerages, pr
Founded in 1983, CIR REALTY is one of Canada’s largest and most respected independent real estate brokerages, proudly holding the largest market share in Calgary with a strong and growing presence across Central and Southern Alberta, as well as British Columbia. More REALTORS® choose to work with CIR REALTY than any other single brokerage in Alberta, making us the province’s largest and most productive brokerage. At CIR REALTY, we are relentlessly focused on making the business of real estate seamless. Every decision we make is designed to showcase the excellence of our REALTORS®, positioning them as the heroes of every real estate story through innovative tools, industry leading technology, comprehensive support systems, and relationship driven service.
Our non competing management team is made up of dedicated professionals specializing in marketing, professional development, conveyancing, accounting, property management, relocation, and brokerage operations, providing expert guidance and full time support before, during, and after every transaction.
As a proud member of Leading Real Estate Companies of the World®, CIR REALTY connects clients with market leading independent brokerages in more than 70 countries, while our affiliation with Luxury Portfolio International® provides exceptional global marketing exposure for the world’s most distinctive luxury properties.
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Last updated
July 29
First listed
Jul 29
Listing reference
92f4ffa2-8a3d-11f1-901e-6045bdd61ac4
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