$4,200,000
 $22,547 est/mo Sourced by Back At You

2650 55 Street,Red Deer, AB T4P0Y3

Red Deer, AB T4P0Y3

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Description

Opportunities like this are rare-just under 3 acre acreage property located right within the City of Red Deer offering space, privacy, and exceptional future potential. Positioned just off Highway 11, this property benefits from excellent exposure and accessibility while still providing a private, established setting. Set on a generously sized parcel, the property features a large existing home surrounded by mature landscaping, creating a peaceful environment with the convenience of surrounding city amenities. What truly sets this property apart is its subdivision into two separate lots, opening the door to a wide range of possibilities. Whether you're looking to hold as an investment, redevelop, or explore multi unit opportunities, the potential here is substantial. With the possibility for rezoning (subject to city approval), this site could accommodate additional residential development, townhomes, a gated community concept, or even select commercial uses such as a strip style retail development. The combination of location, land size, and flexibility makes this an attractive option for builders, developers, and investors alike. Properties offering this level of versatility within city limits are increasingly hard to find. A rare opportunity to secure a high visibility parcel with both immediate use and long term upside. (id:13843)

Details

MLS #A2299290
Listing TypeFor Sale
StyleHouse
StatusActive
Year1990
Days On Site205
Listing Provided ByCentury 21 Bravo Realty | Melissa Hammer

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet4,080
Garage12
BasementY
Story(s)2
ZoningA-1
Acreage1.40

Interior

CoolingNone
HeatingForced air
AppliancesRefrigerator, Dishwasher, Stove, Window Coverings, Garage door opener
Fireplace Yes / NoNo

Exterior

Lot FeaturesTreed, No Smoking Home
Construction MaterialsWood frame
Foundation DetailsPoured Concrete
FencingFence

Parking

Parking FeaturesAttached Garage, Oversize
Parking Total12

Utilities

SewerSeptic tank
Water SourceWell

Taxes

Tax Annual Amount9954
Tax Block17
Tax Lot17, 18
Tax Year2026

Area Information

ProvinceAB
CityRed Deer
Postal CodeT4P0Y3
Listing VS Median (in T4P0Y3)
Price:
$4,200,000
low | high
Med:
$4,200,000
50% of Average
sqft:
4,080
low | high
Med:
4,080
50% of Average
$ / sqft:
$1,029
low | high
Med:
$1,029
50% of Average
On site:
205
low | high
Med:
205
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceAB
CityRed Deer
Postal CodeT4P0Y3
Listing VS Median (in T4P0Y3)
Price:
$4,200,000
low | high
Med:
$4,200,000
50% of Average
sqft:
4,080
low | high
Med:
4,080
50% of Average
$ / sqft:
$1,029
low | high
Med:
$1,029
50% of Average
On site:
205
low | high
Med:
205
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $3.15M - $5.25M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
2650 55 Street Property Photo 1
$4,200,000
2650 55 Street
Red Deer, AB T4P0Y3
Listing Updated: September 29, 2026 at 4:01:17 AM PDT