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2650 55 Street, Red Deer

$4,200,000

About this property

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® number
A2299290
Status
Active
Price
$4,200,000
Property type
Residential
Type
Detached
Transaction
For Sale
Restrictions
None Known
Bedrooms
4
Bathrooms
2 full, 1 half
Living area
4,080 sq ft
Lot size
60,984 sq ft
Year built
1990
Structure
House
Style
2 Storey
Levels
Two
Listing brokerage
Century 21 Bravo Realty
Source
Pillar 9™ MLS® System

Interior

Heating
Forced Air
Flooring
Carpet, Tile, Vinyl
Appliances
Dishwasher, Garage Control(s), Refrigerator, Stove(s), Window Coverings
Features
Built-in Features, Kitchen Island, No Smoking Home, Storage
Fireplaces
0
Laundry
Laundry Room
Basement
Full
Basement development
Unfinished

Exterior and construction

Features
Private Entrance, Private Yard
Construction
Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete
Lot features
Landscaped, Private, Rectangular Lot, Treed
Frontage
109.72M 360`0"
Zoning
A-1

Parking

Total parking
12
Garage spaces
3
Features
Oversized, Triple Garage Attached

Services

Sewer
Septic Tank
Water
Well

Community

City
Red Deer
Province
AB
Postal code
T4P 0Y3
Features
Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Mortgage calculator

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The purchase

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MLS® data last updated Nov 8, 2026, 1:30 a.m. (Mountain Time).

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