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Lea Alexander - Sterling Real Estate
PO Box 355, Fallis, Alberta
P: 780-910-2940
F: 587-851-5666
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Listing Details

For more information on this listing or other please contact me.

Courtesy of RE/MAX Vision Realty.
Data was last updated 2025-06-25 at 20:18:11 GMT
$310,000

PT of NE 9-49-7-W5   Drayton Valley, Alberta

MLS®: E4451140
URL:    
Investors, THIS IS FOR YOU!!! FIRSTLY - $14,250.00 per year lease revenue from the abandoned water injection site with Ricochet. It has been abandoned for some time but they keep paying; secondly if it does get reclaimed after you made this much per year for who knows how long, you would still have a beautiful 3.19 -acre parcel in an awesome location to develop homes or sell to a developer. There is a playground at one end, walking trails thru the trees to the pond and waterfall, and further trails. The land is maintained by Ricochet every year , so no mowing of grass. This property is zoned as Urban Reserve. A great spot to add to the existing adult condos on the pond or options to build single family homes. There is an approach in place off of 48B Ave. Services are stubbed into property off of 48B Ave. The property off of 50 Ave. turning south on 37 St. Turn west on 48B Ave. at the entrance of Aspenview on Pond. GREAT INVESTMENTand GREAT LOCATION.!
Investors, THIS IS FOR YOU!!! FIRSTLY - $14,250.00 per year lease revenue from the abandoned water injection site with Ricochet. It has been abandoned for some time but they keep paying; secondly if it does get reclaimed after you made this much per year for who knows how long, you would still have a beautiful 3.19 -acre parcel in an awesome location to develop homes or sell to a developer. There is a playground at one end, walking trails thru the trees to the pond and waterfall, and further trails. The land is maintained by Ricochet every year , so no mowing of grass. This property is zoned as Urban Reserve. A great spot to add to the existing adult condos on the pond or options to build single family homes. There is an approach in place off of 48B Ave. Services are stubbed into property off of 48B Ave. The property off of 50 Ave. turning south on 37 St. Turn west on 48B Ave. at the entrance of Aspenview on Pond. GREAT INVESTMENTand GREAT LOCATION.!

Listing Information

Prop. Type:
Vacant Lot/Land
Status:
Active
City:
Drayton Valley
MLS® Number:
E4451140
Area:
Edmonton
Province:
Alberta
Listing Price:
$310,000

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This property is listed by RE/MAX Vision Realty and provided here courtesy of Lea Alexander . For more information or to schedule a viewing please contact Lea Alexander .
Lea Alexander
Sterling Real Estate
Phone: 780-910-2940
Mobile Phone: 780-910-2940
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Data last Updated: 2025-06-25 at 20:18:11 GMT America/Edmonton
This site's content is the responsibility of Lea Alexander , licensed REALTOR® in the Province of Alberta.
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The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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