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$889,000
Est. payment /mo
7.04 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID A2321704
Lot Size 7.040 Acres
Acres 7.04
Property Sub-Type Residential Land
Property Description
7.04 acres of prime,cleared and leveled residential development land with services to the lot line—now with vendor financing available,offering a rare and flexible opportunity for developers and investors.
Located in one of Whitecourt's most sought-after residential areas,“Homes on the Hill” has long been synonymous with premium living. With no new subdivisions developed in over a decade,demand for new housing in this area remains exceptionally strong.
A newly proposed subdivision plan features 25 spacious single-family lots on a quiet cul-de-sac,ideal for creating an upscale residential community. Much of the engineering work has already been completed,with several necessary Town approvals in place—saving significant time,cost,and development risk.
Alternatively,the parcel lends itself well to an adult living community or could be redesigned for a higher-density 40–50 lot subdivision,subject to approvals. The flexibility of this site makes it suitable for a range of residential development concepts.
Located in one of Whitecourt's most sought-after residential areas,“Homes on the Hill” has long been synonymous with premium living. With no new subdivisions developed in over a decade,demand for new housing in this area remains exceptionally strong.
A newly proposed subdivision plan features 25 spacious single-family lots on a quiet cul-de-sac,ideal for creating an upscale residential community. Much of the engineering work has already been completed,with several necessary Town approvals in place—saving significant time,cost,and development risk.
Alternatively,the parcel lends itself well to an adult living community or could be redesigned for a higher-density 40–50 lot subdivision,subject to approvals. The flexibility of this site makes it suitable for a range of residential development concepts.
Location
Province AB
Zoning R-1B
Interior
Inclusions na
Fireplace No
Exterior
Fence None
Garage No
Schools
Elementary Schools Living Waters Catholic Regional Division No. 42
High Schools Northern Gateway Regional Division No. 10
School District Northern Gateway Regional Division No. 10
Others
Restrictions None Known
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Listed by RE/MAX ADVANTAGE (WHITECOURT)
NEARBY SCHOOLS & PROPERTIES
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