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34126 Range Road 20
Beds
6
Baths
5
Sqft
1,783
Year
2008
Type
Single Family
On market
62d
Welcome to this immaculate 153-acre property in Red Deer County, just 12 minutes NW of Olds, less than an hour to Calgary and 30 minutes to Red Deer. The main home is a 1,667 sq ft bungalow with a double heated attached garage. Inside, you’ll find three bedrooms on the main floor, including a spacious primary suite with a four-piece ensuite, plus another full bathroom and a well-appointed laundry room with access to the garage. The open-concept kitchen, dining, and living area is bright and inviting, with large windows offering stunning views from every angle. The kitchen features warm wood cabinetry and a large island, while the living room adds a cozy charm with its wood-burning stove. Hunter Douglas blinds are installed throughout for comfort and efficiency. A screened-in sunroom with a patio door and fully opening windows provides a peaceful space to enjoy the views and all four seasons. The finished basement includes another bedroom, a three-piece bathroom, a large rec room and a hobby room. There is in-floor heat in the basement, instant hot water, and a 50-gallon automatic water heater. The home also has A/C.Equestrian or livestock amenities include a professionally built, insulated and heated 80x180 INDOOR RIDING ARENA with humidity control, four forced-air heaters, a 14x14 overhead door and air circulation fans. The arena ground footing was professional done. A roll-up door connects to the 20x120 BARN with in-floor and overhead heat , four soft-cushioned stalls, a wash bay, large tack room with a sink, and built-in saddle racks. A 20x60 lean-to adds more storage and shelter. The arena is monitored by seven professionally installed, Wi-Fi-compatible security cameras.Attached to the arena is a beautiful 1,701 sq ft home with a full wraparound veranda. It offers two bedrooms, including a generous primary suite with a five-piece ensuite and a massive walk-in closet, plus an office with a window overlooking the arena. The kitchen offers abundant cabinetry and a central island, while the dining area features patio doors and the living room boasts another cozy wood stove. A spacious mudroom/laundry room and ample storage throughout make this home as practical as it is charming.Outbuildings include a partially heated 60x90 SHOP, a heated 30x36 MAIN BARN with two stalls—one convertible to a foaling stall with a camera monitor—and a heated tack room with hot and cold water. The massive 70x43 hay shed holds up to 300 large square bales. Aviation lovers will appreciate the 42x36 airplane hangar with a bi-fold door, a tower and a private runway stretching nearly the full length of the quarter. The land is thoughtfully fenced with all-rail fencing—NO BARBED WIRE—and includes a mix of pasture and paddocks, including introduction pens, automatic waterers, and 2 OUTDOOR RIDING ARENAS. There are also 3 high producing water wells on the property. Approximately 80 acres of cultivated farmland with two dugouts complete this versatile and truly impressive property. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 7.92 Ft x 10.08 Ft | |
| Bedroom | 12.83 Ft x 11.67 Ft | |
| Living room | 30.58 Ft x 18.75 Ft | |
| Furnace | 16.67 Ft x 15.42 Ft | |
| Other | 14.67 Ft x 18.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 9.50 Ft x 8.42 Ft | |
| 4pc Bathroom | 6.25 Ft x 9.08 Ft | |
| Bedroom | 10.92 Ft x 14.42 Ft | |
| Bedroom | 9.50 Ft x 14.25 Ft | |
| Kitchen | 11.42 Ft x 18.17 Ft | |
| Laundry room | 8.83 Ft x 9.42 Ft | |
| Living room | 16.58 Ft x 19.92 Ft | |
| Primary Bedroom | 13.83 Ft x 14.92 Ft | |
| Sunroom | 24.67 Ft x 15.75 Ft |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.58 Ft x 9.67 Ft | |
| 5pc Bathroom | 14.92 Ft x 6.75 Ft | |
| Bedroom | 13.75 Ft x 10.75 Ft | |
| Office | 13.50 Ft x 11.42 Ft | |
| Dining room | 6.08 Ft x 14.83 Ft | |
| Kitchen | 12.58 Ft x 13.25 Ft | |
| Laundry room | 9.50 Ft | |
| Living room | 17.08 Ft x 18.08 Ft | |
| Primary Bedroom | 14.92 Ft x 11.75 Ft | |
| Storage | 9.42 Ft x 5.67 Ft | |
| Other | 5.00 Ft x 9.75 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).
Cash on cash
-0.49%
Cap rate
4.77%
GRM
13.9
Break-even rent
$21,912
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.
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 Jun 9, 2026.
| Other | 6.83 Ft x 13.00 Ft |
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Red Deer County. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.