ActiveNew

$1,799,000

242069 Vale View RoadRural Rocky View County, AB T1X2G4

  • 3 beds
  • 2 baths
  • 2,431 sq ft
  • 151.21 acres
  • Detached

Listing courtesy of Royal LePage Benchmark · MLS® A2353865

About this home

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.

Key facts

Type
Detached
Style
2 Storey, Acreage with Residence
Year built
1987
Living area
2,431 sq ft
Lot
151.21 acres
Bedrooms
3
Bathrooms
1 full, 1 half
Basement
Full, Partially Finished
Parking
2-car garage, 10 spaces total
Price per sq ft
$740
Days on market
0
Listed
October 21, 2026
Municipality
Rocky View County

Features

Interior

Features
Separate Entrance
Flooring
Carpet, Ceramic Tile, Laminate
Heating
Forced Air
Fireplaces
1 (Living Room, Stone, Wood Burning)
Laundry
In Basement
Basement features
Drop Ceiling
Included
none

Suite

Suite
No

Building

Structure
House
Levels
Two
Construction
Stone, Vinyl Siding, Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete

Exterior & lot

Lot
Farm, Few Trees, Fruit Trees/Shrub(s), Lawn, Pasture
Patio / porch
Balcony(s), Deck
Fencing
Fenced
Front faces
E
Lot size
151.21 acres
Zoning
A-GEN

Parking

Garage spaces
2
Total parking
10
Details
Double Garage Detached, Gravel Driveway, Off Street, RV Access/Parking

Condo / HOA

Restrictions
None Known
Ownership
Not a Condo

Utilities

Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
Electricity
100 Amp Service
Water
Well
Sewer
Septic Field, Septic Tank

Land & rural

Acres
151.21
Legal land description
SE-16-24-27-W4
Title
Fee Simple

Rooms

RoomLevelSize
2pc BathroomMain—
4pc BathroomSecond0'0" x 0'0"
Bedroom - PrimarySecond12'0" x 14'0"
BedroomSecond10'0" x 11'0"
BedroomSecond10'0" x 10'0"

Location

Open in Google Maps ↗

Monthly cost estimate

Estimated monthly payment$8,444
  • Mortgage $8,444

An estimate, not a quote: excludes property tax, home insurance and utilities. Starting rates are the best advertised 5-year fixed rates on October 8, 2026 (nesto.ca, best 5-year fixed); your rate depends on your lender and situation. Minimum down payment under Canadian rules is $359,800.

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Listing last updated: Oct 21, 2026, 2:15 p.m.