1542 Township Road 324
Rural Mountain View County T4H0E5
MLS® Number: A2287957
$ 1,895,000
0
BEDROOMS
0 + 0
BATHROOMS
0
SQUARE FEET
0
YEAR BUILT
Strategic Urban Fringe Investment | 159 Acres at Olds Town Limits Rare 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.
| COMMUNITY | |
| PROPERTY TYPE | Residential Land |
| BUILDING TYPE | |
| STYLE | N/A |
| YEAR BUILT | 0 |
| SQUARE FOOTAGE | 0 |
| BEDROOMS | 0 |
| BATHROOMS | 0 |
| BASEMENT | |
| AMENITIES | |
| APPLIANCES | |
| COOLING | |
| FIREPLACE | N/A |
| FLOORING | |
| HEATING | |
| LAUNDRY | |
| LOT FEATURES | Farm, Few Trees, Pasture, See Remarks, Sloped, Views, Wetlands |
| PARKING | |
| RESTRICTIONS | Underground Utility Right of Way, Utility Right Of Way |
| ROOF | |
| TITLE | Fee Simple |
| BROKER | CIR Realty |
| ROOMS | DIMENSIONS (m) | LEVEL |
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