Prime Country Residential Acreage with Future Subdivision Potential. An exceptional opportunity to acquire a strategically located parcel of land just off Highway 16, ideally positioned between Spruce Grove and Edmonton. This prime location offers the perfect blend of rural tranquility and urban accessibility, only a 15-minute drive to either city. Surrounded by estate homes and established subdivisions, the property sits in a highly sought-after corridor that continues to see strong residential growth. With significant future subdivision potential, this is an excellent opportunity for developers, investors, or those looking to build a private estate with long-term upside. The property includes a single-family detached home, a double garage, and several outbuildings, currently rented out and generating steady income. The property is currently districted as CR-Country Residential which has a minimum lot size of 2 acres. However, the Big Lake Area Structure Plan does support smaller lot sizes in this area.
Data was last updated June 14, 2025 at 05:15 AM (UTC)
Area Statistics
Listings on market:
129
Avg list price:
$234,900
Min list price:
$59,000
Max list price:
$10,750,000
Avg days on market:
66
Min days on market:
1
Max days on market:
1,229
These statistics are generated based on the current listing's property type
and located in
Rural Parkland County. Average values are
derived using median calculations.