Listed by Ron Dickson, Sotheby's International Realty Canada
Listing 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. (id:66704)
Property Summary
Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
6,371 sqft
Land Size
71.84 ac
Built
2015
Parking Type
Heated Garage
Property Details
Interior Features
Appliances Included
See Remarks
Basement Type
Full (finished)
Fireplace
Yes
Fireplace Type
Unknown
Fireplace Fuel
Gas
Building Features
Features
Private Setting, See Remarks, Wet Bar, Level, Agriculture