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Rural Foothills County · Single Family · under $2,175,000 · 2+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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161194 538 Avenue W
AN EXCEPTIONAL TURNKEY FOOTHILLS LEGACY PROPERTY! Privately tucked beyond the western ridge of Highway 22 on 156.02 titled acres, this remarkable property offers breathtaking west-facing mountain views, exceptional privacy, recurring income, and thoughtfully developed improvements. A winding driveway meanders through rolling terrain before arriving at a beautifully secluded homesite nestled amongst mature trees, creating a peaceful setting with very little highway noise while still offering convenient access to Diamond Valley, Longview and the surrounding Foothills. Completed in approximately 2005, the custom-built residence was constructed using conventional 2x6 framing and finished with reclaimed barn wood and rustic architectural elements that capture the warmth and character of a classic mountain retreat. Offering 1,871.70 RMS sq. ft. above grade, the home features soaring ceilings, exposed beams, an open-concept design, two wood-burning stoves, and an upper-level primary retreat overlooking the main living area. Constructed in 2023, the heated 40'4" x 22'11" triple detached garage features three 9' x 9' overhead doors, 220-volt power, vehicle hoist, and attached one-bedroom guest accommodation with kitchen, living area, bedroom, bathroom/laundry and private deck. Buyers are advised the guest accommodation was constructed without development or building permits and is not represented as a legal secondary suite. Both the main residence and guest accommodation are serviced by the same septic system. A strong-producing domestic well, drilled in 2023, tested at up to 15 GPM with a recommended pumping rate of 8 GPM, while one or more artesian wells provide dependable stock water. Ownership is further enhanced by approximately $11,000 annually in surface lease income together with additional annual pasture income. Heated entirely by propane and complemented by two wood-burning stoves in the main residence and one in the guest accommodation, this property is being offe red as a true turnkey opportunity. With only limited personal exclusions, the sale includes a Kubota RTV-X1100C with snow blade, John Deere 1023E tractor with 120R loader and 260B backhoe, 8,000 lb vehicle hoist, select furnishings, household contents, tools, equipment and additional chattels. Whether you're seeking a full-time country residence, recreational retreat, investment property or legacy holding for generations to come, this is a truly rare opportunity to own one of Foothills County's most unique rural offerings. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 14.00 Ft x 17.00 Ft | |
| Kitchen | 8.58 Ft x 14.33 Ft | |
| Dining room | 9.33 Ft x 13.50 Ft | |
| Bedroom | 9.33 Ft x 13.50 Ft | |
| Foyer | 6.00 Ft x 6.00 Ft | |
| Laundry room | 5.42 Ft x 5.58 Ft | |
| 4pc Bathroom | 8.92 Ft x 9.33 Ft | |
| Furnace | 3.25 Ft x 4.92 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 24.00 Ft x 35.00 Ft | |
| 3pc Bathroom | 10.00 Ft x 12.00 Ft |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 8.00 Ft x 9.67 Ft | |
| Dining room | 6.00 Ft x 10.00 Ft | |
| Living room | 11.50 Ft x 19.58 Ft | |
| Primary Bedroom | 11.08 Ft x 11.92 Ft | |
| Foyer | 4.00 Ft x 4.00 Ft | |
| 3pc Bathroom | 6.33 Ft x 11.83 Ft | |
| Furnace | 4.67 Ft x 4.83 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
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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).
Cash on cash
-0.61%
Cap rate
4.74%
GRM
13.9
Break-even rent
$12,214
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
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Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jul 3, 2026.
Location of this listing. Distances are straight-line.
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Buyer-fit signals
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