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Houses Sold in Drake Landing — What Buyers Paid

See recently sold MLS® listings in Drake Landing. Browse sold prices and find out how much homes actually sell for.

Homes sold in the last 30 days

5

Typical sale price

$775,000

Average time to sell

98 days

Data last updated: Just now

Searching for recently sold homes in Drake Landing? See exactly what buyers paid for properties in this Okotoks neighbourhood. Our MLS® sold listings show final sale prices, not just asking prices.

Browse houses sold in Drake Landing, track condos sold, and discover how your home compares. Use real comparable sales from your own neighbourhood to understand your home's true market value.

Drake Landing Sold Data Overview

Over the past 2 years, 145 homes have sold in Drake Landing, Okotoks, with a median sold price of $690K. Sale prices have ranged from $310K to $1.29M. The typical home sells in 18 days, showing a balanced market. Homes are selling at 99.6% of their list price — very close to asking price. Median property taxes in the area run approximately $3,941 annually. The most common property types sold include Detached Single Family (107), Half Duplex (20), Townhouse (18).

Recently Sold in Drake Landing

5 homes sold in the last 30 days. Showing 5 of 5 • Updated April 10, 2026 at 8:54 PM

View all 147 on the map
Tap any blurred sale to unlock the final sold price, full address, and sold date.

Drake Landing Market Insights

See how the market is performing — prices, how fast homes are selling, and whether buyers or sellers have the advantage.

Median Sold Pricen=145

$690,000

Avg: $677,389

Range: $310,000$1,290,000

Sold % of Askingn=145

99.6%

Homes selling near asking

Avg Time to Selln=15(3-mo avg)

47 days

Balanced Market
3-mo avg
Avg $/Sqftn=145

$395

145 homes sold

Click a property type to view its trends in the chart below:

All Property Types

(click to filter chart)

2-Year Market Trends: All Property Types

(23 months)
$779k$664k$550k
A
M
J
J
A
S
O
N
J25
F
M
A
M
J
J
A
S
O
N
D
J26
F
M
Apr 2024: $609,750+17.0% changeMar 2026: $713,300

Negotiation & Cost Insights

Sold Above Asking

28%

54% sold below

Median Property Tax

$3,941/yr

Avg: $3,779

Home Size Range

1,1182,803

sq ft

Price Spread

±$158,236

standard deviation

145

Homes sold (last 2 years)

14

Currently for sale

2.8

Months of Inventory (MOI)

35.7%

Absorption Rate (30d)

7

New in April 2026

5 vs 8

Sold count (last 30 vs prior 30): -37.5%

Median price: $775,000 vs $686,900 (+12.8%)

How does Drake Landing compare to Okotoks?

Drake Landing typical sale price

$775,000

5 sold in last 30 days

Okotoks typical sale price

$631,500

47 sold in last 30 days

Neighbourhood Guide: Drake Landing, Okotoks

Neighbourhood Overview

Drake Landing is a highly sought-after, master-planned community on the eastern edge of Okotoks, celebrated for its scenic views and pioneering commitment to sustainability. Known for housing the award-winning Drake Landing Solar Community, the neighbourhood offers a family-friendly atmosphere with a strong emphasis on environmental stewardship. The local real estate market is active, with an average sold price of $677,389 and homes spending an average of 47 days on the market.

Location

Situated above Okotoks' picturesque town centre, Drake Landing overlooks the winding Sheep River valley. The neighbourhood boasts expansive panoramic vistas of the Rocky Mountain foothills, providing a serene, small-town setting while remaining just a short drive from the major amenities of Okotoks and easily accessible to southern Calgary.

Housing Character

The housing landscape in Drake Landing predominantly features mid-range detached homes. The neighbourhood is famous for its 52-home solar seasonal storage project—the first of its kind in North America—which meets the R-2000 energy efficiency standard. Beyond the solar project, the wider 240-acre development offers a variety of traditional and Built Green certified single-family properties. The area maintains an active listing count of 14, with a median sold price of $690,000.

Schools & Education

While Drake Landing is primarily residential, families have excellent educational access through the Foothills School Division and Christ the Redeemer Catholic Schools. Several public and Catholic schools, as well as local private options, serve the neighbourhood's students. Dedicated school bus routes provide convenient transportation to designated schools located in adjacent communities.

Transit & Access

Residents utilize Okotoks Transit, which features a highly successful curb-to-curb on-demand service. This allows residents to easily book rides from their local Drake Landing stops to destinations across the town. As Okotoks continues to optimize its transit network, the on-demand system remains a reliable and flexible choice for daily local commuters.

Shopping & Dining

Within the immediate neighbourhood, residents have access to convenient local amenities including a convenience store, a neighborhood pub, and select personal services. For comprehensive shopping and dining, it is a brief drive to Okotoks' major commercial hubs, such as the Cimarron and Cornerstone shopping areas, which host big-box retailers, supermarkets, and diverse restaurants.

Parks & Recreation

Outdoor living is a cornerstone of the Drake Landing lifestyle. The community features extensive walking pathways, neighborhood playgrounds, a local soccer field, and a ravine complete with a naturalized pond. Residents also enjoy immediate access to a nearby off-leash dog park and are only minutes away from the comprehensive facilities at the Okotoks Recreation Centre.

Lifestyle & Community

Drake Landing offers a tranquil, family-oriented lifestyle rooted in outdoor recreation and green living. Residents take pride in the area's environmental innovations and enjoy a tight-knit, community-focused atmosphere. With stunning mountain views, abundant green spaces, and a safe, walkable design, it is an ideal neighbourhood for those seeking a balance of nature and modern convenience.

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Frequently Asked Questions

The median sold price in Drake Landing is $690,000 based on 145 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

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 calculated by instantestimate.house and is provided as a general estimate only.

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®).

Listing information last updated on April 11, 2026 at 9:00 pm (America/Edmonton)

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