1542 Township Road 324 , Rural Mountain View County || $1,895,000
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.
Listing Brokerage: CIR Realty