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12040 338 Avenue E
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Beds
5
Baths
3 full + 1 half
Sqft
2,235
Year
1950
Type
Single Family
On market
78d
A Private Country Oasis on 5.52 Acres | Steps to Town | 2,231 Sq. Ft. Above Grade | Over 3,000 Sq. Ft. of Total Developed Living SpaceDiscover this exceptional acreage property offering privacy, natural beauty, and timeless country charm — all just minutes from town amenities. Nestled on 5.52 fully treed acres behind a private gated entrance, this uniquely designed residence provides a serene lifestyle while maintaining convenient access to daily necessities and major roadways.The home features thoughtfully selected farmhouse-inspired finishes, including reclaimed elements sourced from historic sites. The well-appointed kitchen includes stainless steel appliances, ample counter space, and extensive cabinetry, providing both functionality and style. The adjoining dining room offers a warm and inviting space for family gatherings and special occasions.A dramatic, light-filled family room showcases vaulted ceilings and expansive windows framing the peaceful natural surroundings. The sunken living room adds an additional cozy retreat, complete with a wood-burning fireplace and bay window — ideal for relaxing on cooler evenings.The upper level hosts a charming primary bedroom with double barn-door closet access, a gas fireplace, and a private balcony overlooking the treed landscape — the perfect spot for morning coffee or quiet reflection. A second bedroom, flex room, and spacious 5-piece bathroom complete this level. The finished lower level offers a large multi-purpose space, an additional bedroom with 2-piece bathroom (macerating toilet), and direct walk-up access to the outdoors.The fully developed lower level offers exceptional additional living space, featuring a bedroom, a 2-piece bathroom (macerating toilet), a large recreation room, storage area, and direct walk-up access to the outdoors, making it ideal for guests, teens, or multi-use living.Outdoor FeaturesThe property offers endless opportunities to explore and enjoy nature with mature trees, walk ing paths, and multiple outdoor activity and relaxation areas. Additional amenities include:• Cottage-style playhouse• Swings and outhouse• Chicken coop and horse shelters• Wood sheds and detached garage• Two firepit areas and water features• Expansive deck space• Pasture and stock waterers — ideal for horse ownersRecent Upgrades• Gas stove• Window blinds• Water filtration system• New hot water tank• New furnaceLocation & Investment AppealConveniently located near Honda Okotoks, this property offers excellent access to shopping, services, and commuter routes. A fantastic opportunity for buyers seeking space, lifestyle, and long-term land value in the Okotoks and surrounding area.This one-of-a-kind property combines character, comfort, and possibility — a rare offering that truly must be experienced. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 14.42 Ft x 15.50 Ft | |
| Storage | 11.17 Ft x 6.92 Ft | |
| Recreational, Games room | 11.58 Ft x 22.08 Ft | |
| Furnace | 11.75 Ft x 10.83 Ft | |
| Furnace | 10.50 Ft x 10.83 Ft | |
| 2pc Bathroom | 6.42 Ft x 4.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 10.33 Ft x 7.75 Ft | |
| Kitchen | 14.58 Ft x 14.00 Ft | |
| 4pc Bathroom | 5.42 Ft x 11.00 Ft | |
| Bedroom | 10.58 Ft x 9.75 Ft | |
| Dining room | 12.42 Ft x 13.00 Ft | |
| Foyer | 6.50 Ft x 8.83 Ft | |
| Living room | 17.75 Ft x 17.25 Ft | |
| Family room | 23.17 Ft x 19.42 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 14.92 Ft x 17.75 Ft | |
| 5pc Bathroom | 11.75 Ft x 13.67 Ft | |
| Other | 9.83 Ft x 6.25 Ft | |
| Bedroom | 10.33 Ft x 10.33 Ft | |
| Bedroom | 11.58 Ft x 10.33 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 31, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Foothills County. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.