Primary photo of 1542 Township Road 324, Rural Mountain View County
1 / 38

Vacant Land For Sale

$1,895,000

MLS® Number: A2287957

Land Size

159

1542 Township Road 324, Rural Mountain View County, Alberta

About This Property

Strategic Urban Fringe Investment | 159 Acres at Olds Town LimitsRare 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

Land & Location

Lot Features

See remarks, Wetlands

Lot Size Area

159.0 acres

Lot Size Dimensions

159.00

Parcel Number

0038397469

Postal Code

T4H0E5

View

View

Listing & Financials

Listing Office

CIR Realty

Originating System Name

Calgary Real Estate Board

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($379,000)
5.5%
25 Years

Estimated Monthly Payment

$9,310

Principal and interest only. Actual rates may vary.

Location & Map

Similar Listings

List Property