4730 50 Street, Olds, AB T4H 1E4 (MLS # A2337502)

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View Virtual Tour PRICE $699,000 BEDS 4 BATHS 2.5 HOME SIZE 2,067 sqft LOT SIZE 6,099 sqft Request More Info Schedule a Showing

Built in 1928, this impressive Olds character home blends nearly a century of history with thoughtful modern updates. Offering just over 2,067 sq. ft. above grade, a 1,094 sq. ft. basement, four bedrooms and a 773 sq. ft. unfinished attic, it provides substantial living space along with unique future potential. The current owners undertook an extensive restoration with the goal of preserving the home's original character. Major improvements included removal of the original lath and plaster, updated electrical with a new 100-amp underground service, new plumbing, upgraded insulation and replacement of the sewer line to the curb. Throughout the home, many original details remain, including refinished hardwood flooring, wood trim, doors and hardware, with replacement pieces made to complement the original style. The exterior cedar siding was uncovered beneath vinyl, restored and repainted, and all windows were replaced in 2023 while maintaining the home's traditional appearance. The main floor offers inviting living and entertaining spaces, including a large dining room and an updated kitchen with abundant cabinetry, a large island, brick accents and electric in-floor heat. Radiant heat adds comfort throughout much of the home, while a wood-burning fireplace insert adds warmth and character. Upstairs are three bedrooms, including a spacious primary suite with walk-in closet and large 4-piece ensuite featuring a refinished approximately 100-year-old claw-foot tub. The main bathroom retains its original cast-iron tub. The finished basement includes the fourth bedroom and a large recreation/play area. A full staircase also leads to the 773 sq. ft. unfinished attic, where electrical, conduit and a gas line have already been installed, and the windows enlarged for egress, creating excellent future development potential. Outside, the large private fenced backyard offers lawn, a deck and concrete pad for recreation, while the detached double garage provides parking, storage and workshop space. Parks, library, arena, downtown, Olds College and the swimming pool are all within walking distance. The property remains serviced by its own well with reverse osmosis, while a municipal water line has also been brought to the property for future connection if desired. This is a carefully restored piece of Olds history, combining original craftsmanship, generous living space and modernized systems in a home that remains both practical and full of character.