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Listed by Ron Dickson • Sotheby's International Realty Canada
$ 10,000,000
5 Beds
8.5 Baths
6,370 SqFt
$ 10,000,000
5 Beds
8.5 Baths
6,370 SqFt
Key Details
Property Type Rural
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,370 sqft
Price per Sqft $1,569
MLS® Listing ID E4491369
Bedrooms 5
Full Baths 7
Half Baths 3
Year Built 2015
Lot Size 71.840 Acres
Acres 71.84
Property Sub-Type Detached Single Family
Property Description
This remarkable nearly 72-acre parcel is not just a piece of land; it's a golden opportunity for future development and a strategic investment. With Leduc poised to annex up to 38 quarter-sections, this area is on the brink of explosive growth, making your investment highly advantageous. Located just south of Edmonton, the city's planned expansion will integrate nearly 2,500 hectares of rural land, setting the stage for substantial residential development. At the center of this property is a stunning bungalow, originally built for $13 million, featuring a spacious 21-car garage perfect for any automobile collector. Imagine developing this land and effectively recouping your original investment, paving the way for luxury country residential estate homes that complement the existing home and making that luxurious home virtually free. Whether you choose to develop or enjoy this private oasis, this is an extraordinary offering.
Location
Province AB
Area None
Zoning Zone 80
Rooms
Other Rooms Laundry Room, Office, Loft
Basement Full, Finished
Interior
Interior Features ensuite bathroom
Heating Forced Air-2, In Floor Heat System, Natural Gas
Flooring Carpet, Ceramic Tile, Hardwood
Fireplace true
Exterior
Exterior Feature Level Land, Private Setting, See Remarks
Garage true
Building
Story 3
Foundation Slab
Architectural Style Bungalow
Others
Tax ID 0036014371
Ownership Private
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