$4,625,000
$4,789,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
1,579 Acres Lot
SOLD DATE : 03/12/2024
Key Details
Sold Price $4,625,000
Property Type Commercial
Sub Type Agriculture
Listing Status Sold
Purchase Type For Sale
MLS® Listing ID A2083384
Sold Date 03/12/24
Style Bungalow
Year Built 1985
Annual Tax Amount $4,667
Tax Year 2023
Lot Size 1579.000 Acres
Acres 1579.0
Property Sub-Type Agriculture
Source Lethbridge and District
Property Description
1579 ACRES! Awesome Ranch with abundance of grass and high surface lease revenue!
If you are looking for a good cattle operation, lots of grass and/or more land you found it! Suitable for bison's as well.
7 Deeded quarters and 3 quarters Crownland grazing leases.
The property has 4 quarters on the South side and 6 quarters on the Northside of the gravel road. On the South side you find the quarter with the home and buildings. Plus, an excellent steel corral system incl. round steel pin. Hydraulic squeeze chute.
On the North side there are 6 quarters and there is a good wood corral system and holding pens for easy loading during the season. Plus, a water well with power.
Approximately 800+ acres are cleared and arable. The farm can produce enough food for a cattle operation of approx. 300-350 cows.(weather and management dependent) The land has produced oats and hay silage in previous years as well. Without making your own food for winter there is enough grass on good management and weather permitting for up to +/- 500 cow/pairs.
Seller says if you start using fertilizer here there is even better return.
The property has excellent bison fences along the perimeters and good cross fencing as well. The crownland has good 4 wire fences.
There are enough dug outs and water wells for all the livestock.
An upgraded 3-bedroom bungalow with a large new garage/shop is attached.
The shop was built to have living space on top but that is not finished.
Shop has concrete floor and in-floor heating.
Two overhead doors and two-man doors.
The bungalow has lots of natural light, a wood fireplace, in-floor heating, and a finished basement.
The horse barn has wood flooring. In here you find a newer Tuff heavy duty maternity pen system. The barn has power.
Shop and open shed. The shop is 788 sq. ft with overhead door: 12' high by 14'10” wide. The shop has a concrete floor, is insulated and heated. The open shed is attached and is 1173 sq. ft.
Storage shed; 24' x 36'
Lease revenue of $ 114,000 +/-
Located approx. 35 minutes South of Drayton Valley. One hour to Rocky Mountain House and Rimbey.
Livestock markets can be found in Rimbey and Ponoka so a convenient distance to the markets.
Total taxes 2023: $ 4667.45
Location
Province AB
County Wetaskiwin No. 10, County Of
Zoning AG
Rooms
Basement Finished, Full
Interior
Heating In Floor, Natural Gas, Wood
Appliance Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Exterior
Garage Spaces 4.0
Fence Cross Fenced, Fenced
Roof Type Asphalt Shingle
Present Use Agricultural,Cattle
Building
Foundation Poured Concrete
Sewer Septic Field, Septic Tank
Water Well
Architectural Style Bungalow
Level or Stories One
Others
Restrictions None Known
Tax ID 57527540
Ownership Private
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As a real estate agent, Sheldons brings a strong passion and incredible dedication to ensuring real estate buyers and sellers achieve their goals in a smooth and fulfilling process. Growing up in a family of Real Estate Professionals, Property Managers, and Real Estate Investors, Sheldons gained valuable knowledge about real estate transactions. He nurtured a deep love for the industry from a young age. Given his background, he always desired to venture into the industry to give his clients a positive, rewarding, and financially satisfying real estate experience.
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