Active

$695,000

4608 38A Ave CloseRiverside, Ponoka, AB T4J 1A5

  • 2.59 acres
  • Residential Land

Listing courtesy of RE/MAX real estate central alberta · MLS® A2348591

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About this home

PRIME DEVELOPMENT OPPORTUNITY! A unique and ONE OF A KIND parcel in the Town of Ponoka offering exciting potential for a multi-level development designed to maximize density and value per door. The generous site includes a complete chain-link fence, so your future development is already protected and provides opportunities to incorporate parking, green space and natural areas, all complemented by beautiful views across the river valley. Portions of the property are located within the floodplain and any proposed development is subject to applicable municipal bylaws, development requirements and approvals. An exceptional opportunity for a developer to explore the possibilities of this distinctive Ponoka property and create something truly amazing!!

Key facts

Type
Residential Land
Lot
2.59 acres
Days on market
23
Listed
September 28, 2026
Community
Riverside
Municipality
Ponoka County

Features

Interior

Included
N/A

Exterior & lot

Lot
Backs on to Park/Green Space, Few Trees, Flood Plain, Irregular Lot, Near Golf Course
Fencing
Fenced
Lot size
2.59 acres
Zoning
R4

Condo / HOA

Restrictions
Easement Registered On Title, See Remarks
Ownership
Not a Condo

Land & rural

Acres
2.59
Title
Fee Simple

Location

Open in Google Maps ↗

Monthly cost estimate

Estimated monthly payment$3,262
  • Mortgage $3,262

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 $44,500.

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Listing last updated: Sep 28, 2026, 1:50 p.m.