5631 49 Avenue, Olds

$1,149,000

5 Beds
3 Baths
1,755 Sqft
2.61 Acres
2 Garages

Tucked away on a spacious 2.61-acre lot within the Town of Olds, this unique property offers the privacy and freedom of country living—without giving up town services. With mature trees, a well-laid-out bungalow, and an incredible 2,496 sq.ft. (40' x 60') heated shop with an addition, this property is ideal for families, hobbyists, or anyone needing space for projects or equipment.

The 1,755 sq.ft. bungalow, built in 1992, features 5 bedrooms and 3 full bathrooms, including a spacious primary suite with large closets and a 5-piece ensuite. Numerous recent updates—including new windows, updated shingles, and brand-new garage doors—offer peace of mind and curb appeal.

Inside, the main level welcomes you with a sunken living room and a central kitchen outfitted with solid oak cabinetry, a large pantry, Corian countertops, and an appliance garage. A breakfast bar and cozy dining area flow into the family room with built-in shelving and a natural gas fireplace. A 4-piece bathroom, laundry area, and two additional bedrooms complete the main floor.

The fully finished basement was designed for entertaining: a wet bar, games area, family room with wood stove and built-in TV center, two more large bedrooms, and another full bathroom offer plenty of space for gatherings and guests. The home is serviced by a boiler system with in-floor heat, a forced air furnace and a newer hot water tank.

Step outside to your private 1.06-acre yard, surrounded by trees and fully fenced with a secure gate. The covered front porch and southeast-facing Duradeck rear deck (complete with a hot tub*) offer plenty of outdoor space to relax. Apple, plum, and lilac trees add a charming touch.

At the back of the property sits a massive 40x60 heated shop, perfectly positioned on a flat, open 1.55-acre section of the lot. Three 12' wide x 14' tall overhead doors provide access, including one extended 48' bay for RV or camper storage. Inside, you'll find a concrete floor with a large sump drain, its own 100-amp service, 220V welder plug, multiple outlets, and a 16'x40' mezzanine. Below the mezzanine, a rear bay with in-floor heat and a smaller overhead door creates the perfect space for a man cave, garden tools, or a project car you’d rather keep dust-free.

This hidden gem offers quiet living with pavement right to the door, tons of parking, security cameras throughout, and the freedom to run a home-based business—all within town limits and fully connected to municipal water and sewer. It’s a rare opportunity to enjoy the space of an acreage and the convenience of town living.

Essential Information
MLS® #A2231942
Price$1,149,000
Bedrooms5
Bathrooms3.00
Full Baths3
Square Footage1,755
Acres2.61
Year Built1992
TypeResidential
Sub-TypeDetached
StatusActive
Style

Acreage with Residence, Bungalow

Community Information
Address5631 49 Avenue
SubdivisionNONE
CityOlds
CountyMountain View County
ProvinceAlberta
Postal CodeT4H 1G5
Amenities
Parking Spaces5
# of Garages2
Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Available, High Speed Internet Available, Phone Connected

Parking

Double Garage Attached, Garage Door Opener, Garage Faces Front, Heated Garage, Insulated, Side By Side, Quad or More Detached, RV Garage, RV Gated

Interior
CoolingNone
Has BasementYes
BasementFinished, Full
FireplaceYes
# of Fireplaces2
Interior Features

Breakfast Bar, Built-in Features, Ceiling Fan(s), Central Vacuum, Closet Organizers, Double Vanity, Jetted Tub, Natural Woodwork, No Animal Home, No Smoking Home, Pantry, Recessed Lighting, Skylight(s), Storage, Sump Pump(s), Vinyl Windows, Wet Bar, Suspended Ceiling

Appliances

Bar Fridge, Dishwasher, Microwave Hood Fan, Refrigerator, Stove(s)

Heating

Fireplace(s), Forced Air, Natural Gas

Fireplaces

Family Room, Gas, Glass Doors, Living Room, Mantle, Raised Hearth, Wood Burning Stove, Factory Built, Insert, Sealed Combustion, Brass

Exterior
RoofAsphalt Shingle
FoundationPoured Concrete
Exterior Features

Fire Pit, Private Yard, Gray Water System, RV Hookup

Lot Description

Back Yard, Cleared, Few Trees, Front Yard, Garden, Interior Lot, Irregular Lot, Landscaped, Level, Private, Street Lighting, Brush, Flag Lot

Construction

Manufactured Floor Joist, Stucco, Wood Frame

Additional Information
ZoningR5
Listing Details
OfficeCIR Realty
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