$4,150,000
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38551 Range Road 21, Rural Red Deer County, AB T4E2M7

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5 Beds
3 Baths
- Sq Ft

Eighty acres of private paradise in the sought-after Sylvan Lake area just five minutes to Sylvan Lake and twenty to Red Deer. This exceptional estate offers a main residence, an approved secondary residence, and a guest garden suite, giving unmatched privacy and versatility for multi-generational living or income potential.Built with ICF walls, concrete floor joists, and in-floor hot water heat on both levels, the main home is as efficient as it is comfortable. An elevator and open-concept layout bring accessibility and light throughout five bedrooms, three bathrooms, two kitchens with a walk-in pantry and granite counters, a sunroom, and a spacious main-floor laundry. The walkout basement opens to a southwest-facing patio, and a double-attached garage rounds out the home.Outside, a covered deck overlooks grain fields and forest, complemented by a water fountain, a private gazebo with surround sound and fire pit, and a 12'x50' greenhouse with an ICF frost wall for organic growing. A solar power installation at the main building site adds further energy efficiency.The property is also home to the R Family Christmas Tree Farm, spanning 14 acres with approximately 400 trees sold in 2023, complete with an ice-skating rink and picnic shelter. The farm office (built 2019) features forced air heat and 220V power.Multiple income streams add exceptional investment value: a fully upgraded 1976 mobile home currently rents for $1, 500/month plus utilities; a 2017 warehouse (60'x120', divided into two finished 60'x60' bays with in-floor heating, 220V power, two three-piece bathrooms, and mezzanines) rents for $6, 000/month total plus GST, or $3, 000/month per side plus GST; and 43 acres of cropland are leased on a share basis.Support buildings include a 1992 60'x60' shop with two finished bays (in-floor heating on one side, roughed-in on the other), 220V power, a two-piece bathroom, laundry, and a heated mezzanine. A 1986 24'x26' attached garage is fully finished with force d air heat, and multiple storage sheds are available, including a pet-friendly unit with in-floor heat, running water, and power.Enjoy true four-season recreation with easy lake access for swimming, boating, water skiing, ice fishing, snowmobiling, and cross-country skiing all just minutes from town amenities. This extraordinary estate offers unmatched beauty, versatility, and income potential. Book your private tour to see everything this remarkable property has to offer. (id:58753)

Listing By: Rob Levie - Coldwell Banker OnTrack Realty cncrea2 Realty.com
  • MLS® A2250093
  • Date Listed08/28/2025
  • Days on Realty 331 Days
  • Bedrooms 5
  • Bathrooms 3 baths
  • Lot Size 3,507,451 sq. ft

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 3,507,451.20
  • Lot Features Gazebo

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4E2M7

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

Walkability in AB / T4E2M7

Source: Walk Score

8/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

25/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 4/100, Transit Score: 0/100, Bike Score: 20/100.

Points of Interest near 38551 Range Road 21, Rural Red Deer County, AB T4E2M7

Frequently Asked Questions for 38551 Range Road 21

Source: Realty.com

38551 Range Road 21, Rural Red Deer County, AB T4E2M7 in Rural Red Deer County, AB T4E2M7 is a land listed at $4,150,000. Highlights include 5 bedrooms, 3 bathrooms. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 50 photos of 38551 Range Road 21.

The full address for this home is 38551 Range Road 21, Rural Red Deer County, AB T4E2M7.

38551 Range Road 21 has been listed on Realty.com since Thu August 28, 2025

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 4/100, Transit Score: 0/100, Bike Score: 20/100.

This content last refreshed on 2026-07-25 09:42:05. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.