$412,000
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197 Lancaster Drive, Red Deer, AB T4R 2R4

5 Beds
2 Baths
112 Sq Ft

Court Ordered Sale - Situated in a family friendly location close to several schools, parks, playgrounds, and the Collicutt Centre, this 1, 207 sq ft bi-level offers plenty of space for a growing family. Featuring an open concept main floor, a partially finished basement, a large backyard, and an oversized double detached garage, this home offers a great opportunity to add your own finishing touches and unlock its full potential. The main floor is bright and spacious, with a large front facing window bringing plenty of natural light into the living room. The kitchen features an abundance of white cabinetry, white appliances, a corner pantry, and an oversized island with eating bar, while the adjoining dining area provides plenty of room for a large table. Three bedrooms are conveniently located on the main floor, including a spacious primary bedroom with its own private 4 pce ensuite, while the two additional bedrooms share the main 4 pce bathroom. Downstairs, the partially finished basement provides a large rec room space along with two additional bedrooms and further potential to finish the space to suit your needs. Outside, the large backyard offers plenty of room to enjoy with a spacious side deck, along with an oversized double detached garage providing excellent parking and storage space. With a convenient location close to recreation, schools, parks, and everyday amenities, this property offers plenty of potential for its next owner.

  • MLS® A2342924
  • Date Listed09/11/2026
  • Days on Realty 16 Days
  • Bedrooms 5
  • Bathrooms 2 Full baths
  • Lot Size 0.14 acres (6,313 sq. ft)
  • Subdivision Lancaster Green
  • County Red Deer
  • Year Built 2003
  • Square Feet 112 sq. ft
  • Price Per Sq. Ft $3674.31

Interior Features

  • Appliances None
  • Flooring Carpet, Linoleum
  • Cooling None
  • Heating Forced Air, Natural Gas

Exterior / Lot Features

  • Exterior Private Entrance, Private Yard, Storage
  • Roof Shingle
  • Lot Size Acres 0.14
  • Lot Size SQFT 6,313.00
  • Lot Features Back Lane, Back Yard, Front Yard, Interior Lot, Private, Rectangular Lot

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4R 2R4

Discover key demographics, population statistics, and environmental insights for the Red Deer, AB area.

Walkability in AB / T4R 2R4

Source: Walk Score

45/100

Car-Dependent

Walk Score ®

33/100

Some Transit

Transit Score ®

69/100

Bikable

Bike Score ®

Overview

Most errands require a car. A few nearby public transportation options. Some bike infrastructure.


Transit Summary

10 nearby routes: 10 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 31/100, Transit Score: 26/100, Bike Score: 44/100.

Points of Interest near 197 Lancaster Drive, Red Deer, AB T4R 2R4

Frequently Asked Questions for 197 Lancaster Drive

Source: Realty.com

197 Lancaster Drive, Red Deer, AB T4R 2R4 in Lancaster Green, Red Deer, AB T4R 2R4 is a single family residence listed at $412,000. Highlights include 5 bedrooms, 2 bathrooms, 112 sq. ft., built in 2003, 0.14 acre lot, $3,674 per sq. ft.. Realty.ca has 22 photos, sales history, school insights, and mortgage tools fo...

Realty.com has 22 photos of 197 Lancaster Drive.

Our records indicate that 197 Lancaster Drive was built in 2003.

The full address for this home is 197 Lancaster Drive, Red Deer, AB T4R 2R4.

197 Lancaster Drive has been listed on Realty.com since Fri September 11, 2026

Most errands require a car. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 31/100, Transit Score: 26/100, Bike Score: 44/100.

Listing provided courtesy of: RE/MAX real estate central alberta (tel: 403-343-3020)
Listing agent: Andrew Russell (tel: 403-391-1448)

This content last refreshed on 2026-09-27 13:21:54. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.