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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.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 7/27/2026 |
|---|---|---|---|
| TRACT | NONE | YEAR BUILT | 2008 |
| COUNTY | Foothills County | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Dryer, Electric Range, Refrigerator, Washer |
| BASEMENT | Finished, Full, Walk-Out Access, Yes |
| CONSTRUCTION | Stone, Stucco |
| EXTERIOR | None |
| FIREPLACE | Yes |
| HEAT | Forced Air |
| INTERIOR | Breakfast Bar |
| LOT | 5 acre(s) |
| LOT DESCRIPTION | Gentle Sloping, Interior Lot |
| STORIES | 1 |
| STYLE | Acreage with Residence, Bungalow |
| SUBDIVISION | NONE |
| TAXES | 4872 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with CIR Realty
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Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data last updated 7/27/26 2:02 PM PDT
This IDX solution is (c) Diverse Solutions 2026.
