Properties offering two residences, productive land, a Quonset and the convenience of being minutes from town are becoming increasingly difficult to find.
Only 1.6 km north of Olds on pavement, this versatile 23.67-acre property combines the peace of country living with the convenience of being just minutes from town. Whether you're dreaming of a hobby farm, multigenerational living, operating a home-based business, or simply enjoying more space to live and grow, this property offers an opportunity that's becoming increasingly difficult to find.
The spacious three-bedroom bungalow is a well-built country home ready for its next Family. While many of the finishes reflect its era, the home offers plenty of character and an excellent opportunity to update and personalize it over time. The main floor offers a spacious kitchen with oak cabinetry and an open flow to the dining room and living room. Down the hall there are 2 bedrooms and designated office space; the primary bedroom features a 2-pc ensuite bath. The designated office could easily be converted to a bedroom by adding a closet, making three bedrooms on the main level.
The partially finished basement adds usable space today while offering potential for future development. There is a huge recreation space, perfect for allowing the kids to play or creating a cozy den for movie nights. There is a bedroom and a second room that could be converted to a bedroom by adding a closet space, making this potentially a five-bedroom home.
Complementing the main home is a separate 24' x 24' one-bedroom, one-bath residence, positioned independently to the north for added privacy while sharing the property's power, natural gas, and water services. The flexibility of a second residence is an increasingly desirable feature.
The 50' x 32' Quonset offers excellent storage or workshop space. Built on concrete footings and featuring a 16' wide x 12' high overhead door with electric opener, it provides plenty of room for equipment, machinery, recreational vehicles, or future improvements.
This property is equally well suited for entrepreneurs and tradespeople looking to operate from home. The Quonset, spacious yard, and excellent location create an ideal setup for contractors, landscapers, mechanics, woodworkers, or anyone needing room for equipment and trailers, subject to Mountain View County regulations.
Approximately 18 acres are currently leased as cultivated farmland, providing income today while preserving flexibility for the future. Continue the lease, establish pasture for livestock, create paddocks for horses, expand a garden, or begin a more self-sufficient lifestyle. With Mountain View County allowing one animal unit per acre, the possibilities are extensive.
Enjoy the peace and privacy of country living while being just minutes from schools, shopping, restaurants, recreation, and all the amenities Olds has to offer.
Data was last updated July 14, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
56
Avg list price:
$932,450
Min list price:
$214,900
Max list price:
$5,850,000
Avg days on market:
65
Min days on market:
3
Max days on market:
481
Avg price per sq.ft.:
$570.9
These statistics are generated based on the current listing's property type
and located in
Rural Mountain 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.
