$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
| Room | Level | Size |
|---|---|---|
| 2pc Bathroom | Main | — |
| 4pc Bathroom | Second | 0'0" x 0'0" |
| Bedroom - Primary | Second | 12'0" x 14'0" |
| Bedroom | Second | 10'0" x 11'0" |
| Bedroom | Second | 10'0" x 10'0" |
Location
Monthly cost estimate
- 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.