Rural Lacombe County, AB T0C 0J0,On Highway 20
Rural Lacombe County, AB T0C 0J0,On Highway 20
Rural Lacombe County, AB T0C 0J0,On Highway 20
$940,000
Est. payment /mo
$950,000
1.1%
Est.Price: ?

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129.7 Acres Lot
SOLD DATE : 02/03/2023

Key Details

Sold Price $940,000

Property Type Vacant Land

Sub Type Commercial Land

Listing Status Sold

Purchase Type For Sale

MLS® Listing ID A2020698

Annual Tax Amount $281

Tax Year 2022

Lot Size 129.700 Acres

Property Description

Imagine owning 130 Acres right on Highway 20 & Rainy Creek Road ~ roughly 10 minutes from Sylvan Lake, 10 minutes from Bentley, and 10 minutes from Sunbreaker Cove. This property gets $15,700 in revenue from two renters and an oil lease income. There is 80 acres rented out for farm land on the west side and approximately 50 acres rented out for pasture on the east. Admire the fresh water spring that runs through the property on the pasture side which helps feed the cows. There is also weeping tile under the farmland that catches the water and directs it to come out by the road on the east side. You can access the land right off on Highway 20 or if you turn right on Rainy Creek Road, go around the bend, there is a second entrance to the pasture side. Build your future home here in this spectacular location, or use it for its amazing farm land, or lease it out - options are endless. This opportunity doesn't come around often.

Location

Province AB

County Lacombe County

Zoning AG

Exterior

Fence Fenced

Building

Lot Description Farm, Few Trees, Seasonal Water, Level

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Listed by eXp Realty

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Kory Prince

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Owner/Director of Operations | -V61339

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