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36142A Highway 2 Service Road S, Rural Red Deer County

$1,200,000

About this property

Opportunities like this don't come around often. 28.76 acres of AG-zoned land in Red Deer County fully equipped and ready for horses, your business, or both, with prime Highway 2 frontage and an easy commute to Red Deer, Penhold, and Innisfail. At the heart of the property sits an impressive 16-stall heated barn spanning 5,000+ SQFT, thoughtfully designed with an office, wash rack, medical room/workshop, laundry and a bathroom. Everything you need to run a professional operation without leaving the property. Train and condition with confidence on the ½-mile banked training track, then turn horses out with ease into fenced paddocks complete with shelters, automatic waterers, and a central round pen. Ground has already been broken to expand paddocks and add further turnout pens. The renovated 1,000+ SQFT bungalow offers comfortable, move-in-ready living with updated windows, siding, roofing, paint, and more. The main floor has a bright living space, dining room, and kitchen, along with a 3 piece bathroom, bedroom, and the primary bedroom with a 2 piece ensuite. Downstairs, you’ll find a large family space, the start of a kitchenette area, two more bedrooms, and a large laundry space and bathroom. Step outside to a stunning backyard retreat featuring mature trees, a beautiful garden, and plenty of room to expand or create. This property delivers rare infrastructure, highway visibility, and a location that keeps you close to everything. AG zoning allows the flexibility for multiple business ventures, not just equestrians!

Essential information

MLS® number
A2356346
Status
Active
Price
$1,200,000
Property type
Agri-Business
Type
Agriculture
Transaction
For Sale
Restrictions
Utility Right Of Way
Bedrooms
3
Bathrooms
1 full, 2 half
Living area
1,089 sq ft
Lot size
1,252,785 sq ft
Year built
1988
Structure
House
Style
Bungalow
Levels
One
Listing brokerage
Century 21 Maximum
Source
Pillar 9™ MLS® System

Interior

Heating
Forced Air, Natural Gas
Flooring
Vinyl
Features
No Smoking Home, Separate Entrance, Vinyl Windows
Basement
Full
Included
House: Refrigerator, Gas Range, Microwave, Dishwasher, Window Coverings, Washer, Dryer, Electric Range. Barn: Overhead Heaters, Garage Door Openers, Stalls, Barn Mats, Washer, Dryer. Fencing, Gates, Auto Waterers, x4 Livestock Shelters, Freestanding Panels (Negotiable).

Exterior and construction

Features
Fire Pit, Garden, Private Yard, Storage
Construction
Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete
Lot features
Fruit Trees/Shrub(s), Garden, Landscaped, Pasture
Zoning
AG
Current use
HRSE

Parking

Features
Oversized

Services

Utilities
Electricity Connected, Natural Gas Connected
Sewer
Septic System
Water
Private, Well

Community

City
Rural Red Deer County
Province
AB
Postal code
T4G 1T8

Where it is

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

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Investment calculator

Cap rate, cash flow and the coverage ratio a commercial lender will look at first.

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The purchase

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The building

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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.

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MLS® data last updated Nov 8, 2026, 1:40 a.m. (Mountain Time).

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