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$215,000
Est. payment /mo
2.05 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Cambria
MLS® Listing ID A2179461
Originating Board Calgary Real Estate Board
Lot Size 2.050 Acres
Acres 2.05
Property Sub-Type Freehold
Property Description
An exceptional opportunity exists to acquire a premium riverfront parcel in Dinosaur Valley. The property is conveniently located 15 minutes from Drumheller's central business district and 1 hour 15 minutes from the Calgary metropolitan area. The site features panoramic vistas of the coulees and Hoodoos and offers substantial development and investment prospects. The land is zoned to permit residential construction, subdivision, campground development, or the construction of tiny homes, subject to municipal approval. Infrastructure utilities are readily accessible at the property line, and vendor financing is available. This offering is ideally suited for those seeking to construct a bespoke residence or to make a strategic real estate investment.Property HighlightsLocation: Dinosaur Valley, 15 minutes from Drumheller, 1 hour 15 minutes from Calgary.Views: Unobstructed views of coulees and Hoodoos.Zoning: Permitted uses include residential development, subdivision, campgrounds, or tiny homes (subject to municipal approval).Utilities: Municipal water, gas, and electricity available at the property line.Access: Situated between 7th Avenue (cul-de-sac) and 6th Avenue (leading to river access).Historical Significance: Site includes a portion of a former mining operation.Financing: Vendor offers 80% financing, amortized over 25 years with a 5-year term.Investment MeritsDevelopment Potential: Options include single-family dwelling, land subdivision, campground development, or tiny home community.Market Scarcity: Riverfront parcels are increasingly rare in the region.Strategic Location: Proximity to Drumheller and Calgary enhances property value.Location InformationThe property is bounded by 7th Avenue, which terminates in a cul-de-sac, and 6th Avenue, which provides direct access to the river. Property is also part of the Cambria community which is part of Drumheller.Historical ContextThe property encompasses a segment of a historical mining site, wit h an on-site historical marker. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
Fence Not fenced
Community Features Lake Privileges
View Y/N Yes
View View
Private Pool No
Others
Ownership Freehold
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Listed by Real Estate Professionals Inc.
343 PRESTON STREET, 11TH FLOOR, OTTAWA, Ontario, K1S1N4