$549,000New on hômm
Downey Ridge, Okotoks
5 bed · 3 bath · 1,406 sq ft
Listing provided by Barry Harvey of Royal LePage Solutions
354096 48 Street E, Okotoks
For sale61 days on hômmLast checked with the board’s feed
Listing photos
38 more photos in the full gallery.
For saleMLS® #A2332565
$1,299,000 asking price
354096 48 Street E, Okotoks in Foothills County, Okotoks — listing provided by Lorenda Coles of CIR Realty
- Beds
- 1+2
- Baths
- 3 full + 1 half
- Living area
- 1,032 sq ft
- Year built
- 2008
About this home
***OPEN HOUSE SEPT 27 2-4 PM***This rare 5-acre ALH ZONED PARCEL, annexed-into-town parcel at the east entrance of Okotoks offers exceptional visibility as you arrive on 48 Street, with elevated topography and sweeping mountain views—an increasingly scarce premium for future development. Positioned directly east of Drake Landing along the paved roadway, the site is surrounded by established schools, commercial services, golf, and residential neighbourhoods, creating both immediate demand and long-term growth stability. This home has been extensively renovated a reverse-walkout bungalow adds meaningful holding utility, featuring a bright upper level with a spacious primary bedroom and updated 4-piece ensuite, a modern 2-piece powder room, a large living room, quartz counters, stainless steel appliances, low-maintenance LVP flooring, and a generous deck capturing the mountain views. The lower walkout level includes a large family room, two additional bedrooms, a full bathroom, a laundry room, two electric fireplaces, and direct access to a concrete patio framed by a retaining wall—ideal for a family home close to Okotoks. A strategic, high-exposure acquisition offering both short-term functionality and significant long-term upside in one of Okotoks’ most active and rapidly expanding corridors. This has incredible value as a present home in OKOTOKS with HUGE potential holding value, Renovated!! In the past the town did state possibility of 3200 sqft shop- Approval would fall on buyers as they model potential outbuilding.
Key facts
| MLS® number | A2332565 |
|---|---|
| Property type | Detached Single Family |
| Style | Acreage with Residence,Bungalow |
| Lot size | 217,800 sq ft |
| Days on hômm | 61 days on hômm |
| Annual property tax | $4,872/year (2026) |
| Listing REALTOR® | Lorenda Coles |
| Brokerage | CIR Realty |
Questions about this home
- Is this home still available?
Yes — at our last check this home was still on the market at $1,299,000 (61 days on hômm). A home can go under contract the same day an offer is accepted, so the “last checked” stamp near the top of this page is the honest measure of how current that is.
- How do I book a viewing?
Ask for a tour on this page, or book a call with hômm, and we will put you with a REALTOR® who arranges the showing with the listing brokerage — usually the same day.
Book a call with hômm- What is this home worth?
The asking price for 354096 48 Street E, Okotoks is $1,299,000. What a home actually sells for is settled by what comparable homes nearby have recently sold for, its condition, and how it is priced against them — not by an online figure. A REALTOR® can walk you through the recent sales on this street before you write an offer. If it is your own home you are wondering about, hômm’s free home-worth tool gives you a starting number in about a minute.
What is my home worth?
More homes for sale nearby
Other active listings currently on the market near this one.
Keep looking
About Okotoks
Website provided by Kelly Grant
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Mortgage values are calculated by hômm and are provided for estimate purposes only.
The hômm Estimate is generated by an automated valuation model using publicly available data, including municipal property assessments. It is a general estimate only, not an appraisal.
Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).