2650 55 Street , Red Deer

$4,750,000

4 Beds
3 Baths
4,080 Sqft
2.85 Acres
3 Garages

Opportunities like this are rare—just under 3 acre acreage property located right within the City of Red Deer offering space, privacy, and exceptional future potential. Positioned just off Highway 11, this property benefits from excellent exposure and accessibility while still providing a private, established setting. Set on a generously sized parcel, the property features a large existing home surrounded by mature landscaping, creating a peaceful environment with the convenience of surrounding city amenities. What truly sets this property apart is its subdivision into two separate lots, opening the door to a wide range of possibilities. Whether you’re looking to hold as an investment, redevelop, or explore multi unit opportunities, the potential here is substantial. With the possibility for rezoning (subject to city approval), this site could accommodate additional residential development, townhomes, a gated community concept, or even select commercial uses such as a strip style retail development. The combination of location, land size, and flexibility makes this an attractive option for builders, developers, and investors alike. Properties offering this level of versatility within city limits are increasingly hard to find. A rare opportunity to secure a high visibility parcel with both immediate use and long term upside.

Essential Information
MLS® #A2299290
Price$4,750,000
Bedrooms4
Bathrooms3.00
Full Baths2
Half Baths1
Square Footage4,080
Acres2.85
Year Built1990
TypeResidential
Sub-TypeDetached
Style2 Storey
StatusActive
Community Information
Address2650 55 Street
SubdivisionNONE
CityRed Deer
CountyRed Deer
ProvinceAlberta
Postal CodeT4P 0Y3
Amenities
Parking Spaces12
# of Garages3
Parking

Oversized, Triple Garage Attached

Interior
HeatingForced Air
CoolingNone
Has BasementYes
BasementFull
Interior Features

Built-in Features, Kitchen Island, No Smoking Home, Storage

Appliances

Dishwasher, Garage Control(s), Refrigerator, Stove(s), Window Coverings

Exterior
Exterior FeaturesPrivate Entrance, Private Yard
RoofAsphalt Shingle
ConstructionWood Frame
FoundationPoured Concrete
Lot Description

Landscaped, Private, Rectangular Lot, Treed

Additional Information
ZoningA-1
Listing Details
OfficeCentury 21 Bravo Realty
LISTING MAP

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.