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242069 Vale View Road, Rural Rocky View County

$1,799,000

About this property

Offering 151.21 acres of strategically positioned land on the north side of Highway 1, between Chestermere and Wheatland County, this property presents an opportunity to secure a substantial land holding in one of the key growth corridors east of Calgary. Located between the Trans-Canada Highway and the CNR rail line, with access via Vale View Road, the property is well situated for investors and land bankers looking toward the region’s continued industrial and commercial growth. Existing lease agreements provide reported annual income of $49,707.40, offering revenue while the property remains in agricultural use. Income sources include $38,400 annually from the residential lease, $6,300 from the crop lease, $3,095.40 from AltaLink, and $1,912 from Ember. Currently used for agricultural purposes, the land comprises a mix of cultivated fields and grazing areas, with predominantly Class 2 soil. The surrounding area continues to attract major investment, including the De Havilland Canada manufacturing plant development and expanding industrial activity in neighboring Wheatland County, adding to the long-term interest in this strategic location. This property includes a two-story residence with approximately 2,431 sq. ft. of developed space, a double detached garage, and a steel Quonset. The same tenant has resided in the property for over 10 years and it needs a considerable amount of work. The property is being offered for land value only, and all existing structures are being sold AS IS, with no value attributed to the buildings. Services are available to the property, and its location provides convenient connectivity to Calgary, Chestermere, Langdon, Strathmore, Highway 1, and major regional transportation routes. Whether you are looking to acquire income-generating agricultural land, secure a long-term land holding, or explore future opportunities in a growing commercial and industrial corridor, this 151.21-acre property offers scale, accessibility, and existing revenue in a strategic location. IMPORTANT: Property is being sold for land value only. A tenant currently occupies the property. Do not enter the property or approach the residence without a confirmed appointment. All viewings must be have a minimum 24 hrs notice.

Essential information

MLS® number
A2353865
Status
Active
Price
$1,799,000
Property type
Residential
Type
Detached
Transaction
For Sale
Restrictions
None Known
Bedrooms
3
Bathrooms
1 full, 1 half
Living area
2,431 sq ft
Lot size
6,586,707 sq ft
Year built
1987
Structure
House
Style
2 Storey, Acreage with Residence
Levels
Two
Listing brokerage
Royal LePage Benchmark
Source
Pillar 9™ MLS® System

Interior

Heating
Forced Air, None
Flooring
Carpet, Ceramic Tile, Laminate
Features
Separate Entrance
Fireplaces
1
Fireplace
Living Room, Stone, Wood Burning
Laundry
In Basement
Basement
Full
Basement development
Partially Finished

Exterior and construction

Construction
Stone, Vinyl Siding, Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete
Lot features
Farm, Few Trees, Fruit Trees/Shrub(s), Lawn, Pasture
Zoning
A-GEN

Parking

Total parking
10
Garage spaces
2
Features
Double Garage Detached, Gravel Driveway, Off Street, RV Access/Parking

Services

Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
Sewer
Septic Field, Septic Tank
Water
Well

Community

City
Rural Rocky View County
Province
AB
Postal code
T1X2G4

Where it is

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

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MLS® data last updated Nov 8, 2026, 1:10 a.m. (Mountain Time).

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