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Rural Red Deer County · Single Family · under $1,225,000 · 5+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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32, 28364 Township Road 384
Located just minutes from Red Deer and Sylvan Lake in the sought-after Mountainview Estates community, this 1.04-acre property offers mountain views and plenty of space inside and out. As you enter the home, you're welcomed by a spacious foyer that opens across three levels and features hardwood flooring. The living room includes a gas fireplace and overlooks the south-facing front yard. The adjoining dining room comfortably accommodates a large table, making it ideal for family gatherings and holiday meals. The kitchen offers extensive counter space, a large island, corner pantry, wall oven, granite countertops, tile backsplash, and access to the back yard. The bright breakfast nook features skylights and large windows overlooking the yard. Patio doors lead to a three-tiered deck with glass railings. Back inside, the lower level includes two sitting areas, a laundry room, a 3-piece bathroom, and direct access to the triple attached garage. Upstairs, the primary suite features a gas fireplace, window seat, walk-in closet, and a raised ensuite with dual sinks, a separate shower, and a soaking tub. Two additional bedrooms, both with skylights and one with a window seat, a 3-piece bathroom, and a large hall closet complete the upper floor. The basement offers a large recreation room currently used as a theatre room, a bonus room, two additional bedrooms, a 3-piece bathroom, a utility room, and a spacious storage closet. Outside, mature evergreen trees and farm land behind the home provide privacy. The property offers multiple outdoor spaces for entertaining, including tiered decks, a firepit area, and a gazebo with a dining space. With a triple attached garage, plenty of room for entertaining, and a convenient location just off Highway 11, this Mountainview Estates home offers a great combination of space, privacy, and views. Don't miss the opportunity to make it yours. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 10.50 Ft x 7.83 Ft | |
| Family room | 27.42 Ft x 23.92 Ft | |
| Laundry room | 7.67 Ft x 11.75 Ft | |
| Bedroom | 13.17 Ft x 11.50 Ft |
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 7.58 Ft x 8.83 Ft | |
| Bedroom | 18.17 Ft x 10.33 Ft | |
| Bedroom | 25.58 Ft x 11.50 Ft | |
| Bonus Room | 11.83 Ft x 23.17 Ft | |
| Recreational, Games room | 14.50 Ft x 14.83 Ft | |
| Storage | 7.67 Ft x 12.42 Ft | |
| Furnace | 10.67 Ft x 13.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Breakfast | 8.08 Ft x 9.58 Ft | |
| Dining room | 12.17 Ft x 9.50 Ft | |
| Foyer | 9.75 Ft x 9.50 Ft | |
| Kitchen | 13.33 Ft x 19.67 Ft | |
| Living room | 16.33 Ft x 15.42 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 11.75 Ft x 9.17 Ft | |
| 5pc Bathroom | 18.58 Ft x 20.17 Ft | |
| Bedroom | 18.25 Ft x 11.50 Ft | |
| Bedroom | 13.00 Ft x 9.75 Ft | |
| Primary Bedroom | 19.58 Ft x 18.92 Ft | |
| Other | 11.58 Ft x 4.42 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
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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
-0.80%
Cap rate
4.70%
GRM
13.9
Break-even rent
$6,907
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.
Buyer-fit signals
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