Offering 151.21 acres of strategically positioned land on the north side of Highway 1, between Chestermere and Wheatland County, this property presents an opportunity to secure a substantial land holding in one of the key growth corridors east of Calgary. Located between the Trans-Canada Highway and the CNR rail line, with access via Vale View Road, the property is well situated for investors and land bankers looking toward the region’s continued industrial and commercial growth. Existing lease agreements provide reported annual income of $49,707.40, offering revenue while the property remains in agricultural use. Income sources include $38,400 annually from the residential lease, $6,300 from the crop lease, $3,095.40 from AltaLink, and $1,912 from Ember. Currently used for agricultural purposes, the land comprises a mix of cultivated fields and grazing areas, with predominantly Class 2 soil. The surrounding area continues to attract major investment, including the De Havilland Canada manufacturing plant development and expanding industrial activity in neighboring Wheatland County, adding to the long-term interest in this strategic location. This property includes a two-story residence with approximately 2,431 sq. ft. of developed space, a double detached garage, and a steel Quonset. The same tenant has resided in the property for over 10 years and it needs a considerable amount of work. The property is being offered for land value only, and all existing structures are being sold AS IS, with no value attributed to the buildings. Services are available to the property, and its location provides convenient connectivity to Calgary, Chestermere, Langdon, Strathmore, Highway 1, and major regional transportation routes. Whether you are looking to acquire income-generating agricultural land, secure a long-term land holding, or explore future opportunities in a growing commercial and industrial corridor, this 151.21-acre property offers scale, accessibility, and existing revenue in a strategic location. IMPORTANT: Property is being sold for land value only. A tenant currently occupies the property. Do not enter the property or approach the residence without a confirmed appointment. All viewings must be have a minimum 24 hrs notice.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
2 Storey, Acreage with Residence
Total Living Area:
2,431 sq. ft.226 m2
Main Level Finished Area:
1,281 sq. ft.119 m2
Upper Level Finished Area:
1,150 sq. ft.107 m2
Acreage:
Yes
Lot Area:
151 acre(s)61.2 hectare(s)
Front Exposure:
East
Levels:
Two
Total Rooms Above Grade:
3
Year built:
1987
(Age: 39)
Bedrooms:
3
(Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms On Main:
0
Bedrooms Below Grade:
0
Bathrooms:
2.0
(Full:1, Half:1)
Num Ensuite Baths:
0
Electricity:
100 Amp Service
Heating:
Forced Air, None
Basement:
Full, Partially Finished, Drop Ceiling
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stone, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Laminate
Cooling:
None
Fireplaces:
1
Fireplace Details:
Living Room, Stone, Wood Burning
Water Supply:
Well
Sewer:
Septic Field, Septic Tank
Utilities:
Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Detached, Gravel Driveway, Off Street, RV Access/Parking
Parking Places:
10
Parking Total/Covered:
10 /
-
Laundry Features:
In Basement
None
none
None Known
Floor
Type
Size
Other
2nd Floor
Bedroom - Primary
14'4.27 m × 12'3.66 m
2nd Floor
Bedroom
11'3.35 m × 10'3.05 m
2nd Floor
Bedroom
10'3.05 m × 10'3.05 m
Floor
Ensuite
Pieces
Other
Main Floor
No
2
2nd Floor
No
4
0' x 0'
Title to Land:
Fee Simple
Community Features:
None
Interior Features:
Separate Entrance
Exterior Features:
None
Patio And Porch Features:
Balcony(s), Deck
Lot Features:
Farm, Few Trees, Fruit Trees/Shrub(s), Lawn, Pasture
Data was last updated October 22, 2026 at 04:05 AM (UTC)
Area Statistics
Listings on market:
212
Avg list price:
$1,494,500
Min list price:
$429,900
Max list price:
$18,000,000
Avg days on market:
51
Min days on market:
1
Max days on market:
557
Avg price per sq.ft.:
$647.08
These statistics are generated based on the current listing's property type
and located in
Rural Rocky View County. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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.