40 Lake Ridge, Olds, AB T4H 1W6 (MLS # A2317870)

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PRICE $599,900 dsIDX morgage calculator
BEDS 5
BATHS 3
HOME SIZE 1,417 sqft
LOT SIZE 7,406 sqft

If you've been searching for a home where your kids can grow up making memories outdoors, this may be the one. Located on the south side of Olds in one of the town's most desirable family areas, this fully developed bungalow combines space, comfort, and an exceptional location. Walking paths wind throughout the neighbourhood, making evening strolls, bike rides, and family walks part of everyday life. Just across the road, the pond becomes a favourite gathering place in the winter, where neighbourhood kids lace up their skates and play hockey. Imagine watching the kids head across the street for an evening game of shinny while you enjoy the mountain views from your deck. With 5 bedrooms and 3 full bathrooms, this home offers room for growing families with three bedrooms on the main floor and two additional bedrooms downstairs. The bright open-concept layout features vaulted ceilings, a dedicated office, convenient main floor laundry, and recent kitchen upgrades including a new induction stove, microwave hood fan, and refrigerator. The primary bedroom offers direct access to the covered rear deck, while the dining area opens onto the same outdoor space complete with a gas line for your BBQ. Backing onto open space with no immediate neighbours behind, the home enjoys incredible privacy along with beautiful mountain views that the sellers have treasured for years. Downstairs, the fully finished basement creates the perfect family hangout space with two additional bedrooms, a full bathroom, wet bar, and a large recreation area with room for a pool table, home gym, games area, or movie nights. Additional features include central air conditioning, a heated double attached garage, RV parking, a newly installed radon mitigation system, and a professionally installed whole-home Wi-Fi system that provides strong and reliable internet coverage throughout the house. Combining an outstanding location, incredible views, and the space today's families are searching for, this is a home where memories are waiting to be made.

DAYS ON MARKET Login to view Days on Market LAST UPDATED 6/14/2026
TRACT NONE YEAR BUILT 2001
GARAGE SPACES 2.0 COUNTY Mountain View County
STATUS Pending PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Induction Cooktop, Refrigerator, Washer/Dryer
BASEMENT Finished, Full, Yes
CONSTRUCTION Frame, Stone, Stucco
EXTERIOR Fire Pit, Private Yard
GARAGE Attached Garage, Yes
HEAT Fireplace(s), Forced Air, Natural Gas
INTERIOR Built-in Features, Ceiling Fan(s), Central Vacuum, High Ceilings, Kitchen Island, Laminate Counters, Pantry, Solar Tube(s), Vaulted Ceiling(s)
LOT 7405 sq ft
LOT DESCRIPTION Back Yard, Few Trees, Front Yard, Interior Lot, Landscaped, Rectangular Lot, Views
PARKING Concrete, Garage Door Opener, Attached, Garage, Driveway
STORIES 1
STYLE Bungalow
SUBDIVISION NONE
TAXES 4415
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with CIR Realty

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Data last updated 6/23/26 5:58 AM PDT

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