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28125 Highway 587
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Rural Red Deer County · Single Family · under $2,800,000 · 2+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Remarkable 150-acre country estate just 15 minutes from Innisfail, offering breathtaking valley views, equestrian facilities, productive farmland, and exceptional improvements. The custom-built walkout bungalow features spacious living areas, large windows, a chef-inspired kitchen with solid wood cabinetry, stone countertops, a large island, and a full-length deck overlooking the countryside. The primary retreat includes deck access, a walk-in closet, and five pc ensuite. The fully developed walkout level has two bedrooms, a full bath, family room with wood-burning fireplace, wet bar, games area, and wine room. Outside, enjoy a covered seating area, hot tub, sauna, barn with three box stalls, heated tack room, six paddocks, greenhouse, five powered storage buildings, and income-producing farmland. A massive heated shop with mezzanine, office, and washroom, plus heated attached and detached garages, complete this outstanding property. Built with durable full-height ICF construction for notable efficiency. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom 2 | 4.07 × 4.33 meters | |
| Bedroom 3 | 4.49 × 4.32 meters | |
| Hobby room | 6.17 × 3.09 meters | |
| Recreation room | 10.31 × 12.7 meters | |
| Hobby room | 3.65 × 3.7 meters | |
| Utility room | 6.54 × 4.11 meters |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 5.14 × 7.38 meters | |
| Dining room | 3.7 × 6.14 meters | |
| Kitchen | 4.6 × 5.81 meters | |
| Primary Bedroom | 5.41 × 5.99 meters | |
| Laundry room | 1.87 × 3.83 meters | |
| Mud room | 3.24 × 2.12 meters |
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
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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
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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).
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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.
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 Jun 2, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.