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38551 Range Road 21

Rural Red Deer County T4E 2M7

MLS® Number:  A2250093

Back to Rural Red Deer County   

  • Home \
  • Rural Red Deer County \
  • 38551 Range Road 21

$ 4,150,000

5

BEDROOMS

3 + 0

BATHROOMS

0

SQUARE FEET

0

YEAR BUILT

https://company.cirrealty.ca/reb/cara/3/A2250093_2.jpg

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MLS® Number
A2250093
PROPERTY TYPE
Agriculture
LISTING DATE
August-25-2025

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 forced 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.

COMMUNITY 
PROPERTY TYPE  Agriculture
BUILDING TYPE 
STYLE  N/A
YEAR BUILT 0
SQUARE FOOTAGE  0
BEDROOMS  5
BATHROOMS  3.00
BASEMENT 
AMENITIES 
APPLIANCES  Built-In Oven, Dishwasher, Electric Cooktop, Electric Range, Garage Control(s), Instant Hot Water, Microwave Hood Fan, Oven-Built-In, Portable Dishwasher, Refrigerator, Tankless Water Heater, Washer/Dryer, Window Coverings, Wine Refrigerator
COOLING 
FIREPLACE  N/A
FLOORING 
HEATING 
LAUNDRY 
LOT FEATURES  Farm, Gazebo
PARKING 
RESTRICTIONS  None Known
ROOF 
TITLE  Fee Simple
BROKER  Coldwell Banker OnTrack Realty

 

 

ROOMS DIMENSIONS (m) LEVEL
Family Room 40`2" x 37`10" Basement
Kitchen 16`0" x 9`2" Basement
Bedroom 11`10" x 10`1" Basement
Bedroom 11`9" x 9`10" Basement
4pc Bathroom 9`6" x 5`7" Basement
Furnace/Utility Room 18`5" x 9`8" Basement
Foyer 12`0" x 5`10" Main
Living Room 17`7" x 15`1" Main
Dining Room 17`7" x 9`10" Main
Kitchen 17`6" x 12`6" Main
Bedroom - Primary 18`8" x 10`2" Main
5pc Ensuite bath 18`0" x 12`11" Main
Bedroom 11`8" x 10`1" Main
Bedroom 11`8" x 10`1" Main
4pc Bathroom 9`4" x 5`6" Main
Laundry 8`8" x 6`9" Main
Walk-In Closet 10`5" x 6`7" Main