Property Details

Featured in:

Winners:

Featured in:

Winners:

1542 Township Road 324
Rural Mountain View County (A2287957)

$1,895,000
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Strategic Urban Fringe Investment | 159 Acres at Olds Town Limits Rare opportunity to secure a premier quarter section (159.0 acres) situated on the immediate southwest boundary of Olds, AB. This highly productive parcel offers the perfect synergy of agricultural income, immediate residential potential, and long-term urban-fringe appreciation. Land & Production: Features approximately 92 acres of high-quality cultivated cropland, with the balance in lush pasture and a mature, treed yard site. Whether you are expanding your agricultural portfolio or seeking a massive private estate, the land is as productive as it is beautiful. Infrastructure & Income: The yard site is accessed via dual approaches directly off pavement and is fully serviced with power, a drilled water well (8 g.p.m.), a steel quonset with power & concrete floor, a traditional red barn with steel roof, and two steel grain bins. Benefit from immediate cash flow with rental income (Ag land & old house tenants in place until Oct 31, 2026), providing a steady ROI while you finalize your development or building plans. Future Potential: Situated in the path of growth, this property offers significant subdivision potential (subject to county approval), including the original yard site or a possibly a naturally severed parcel in the SW corner. List price is strategically based on land value, services, and outbuildings—the existing home is rented but requires substantial maintenance/repairs and upgrading throughout. Invest for the future; build for the generations. Opportunities of this scale on the doorstep of town limits are a rare find.

Property details

Basic Info

MLS® #
A2287957
Property Type:
Land
Subtype:
Residential Land
Subdivision:
NONE
Price
$1,895,000
Sale/Lease:
For Sale

Building Info

Garage:
No
Fence:
Partial
Basement:
No
Inclusions:
N/A
Exterior Features:
Private Yard
Outbuildings:
Barn, Grainery, Quonset
Outbuilding Notes:
Older home is tenant occupied but of "NO VALUE"

Acreage/Farm Info

Nearest Town:
Olds

Lot / Land Info

Lot Size:
159.00 acres
Lot Features:
Farm, Few Trees, Pasture, See Remarks, Sloped, Views, Wetlands
Legal Land Desc:
30-32-1-W5
Water:
Private, Well
Utilities:
Electricity Paid For, Propane
Zoning:
1

Listing Info

Possession:
Negotiable
Days on Market:
31
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Grassroots Realty Group Ltd.
1-833-477-6687

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