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36337 Range Road 282
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Rural Red Deer County · Single Family · under $700,000 · 2+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Enjoy the peace and space of acreage living just minutes from the small town of Penhold, with the river only two minutes away. This private, tree-lined property features a 1,790 sq ft bungalow set on level land zoned AG, offering the option to pasture horses. The yard includes a 30 x 75 covered machine shed and a double detached garage. The main floor offers a practical layout with a kitchen featuring wood cabinets, a pantry, and plenty of cupboard space, along with a dining area, living room, foyer, and mudroom. There is also the convenience of main floor laundry. The primary bedroom includes a walk-in closet and a 3-piece ensuite with a steam shower, while a second bedroom and a 4-piece bathroom complete the main level. The basement is partially finished with a recreational room, flex room, and cold room, with additional space left unfinished and ready for your ideas. This property offers a great opportunity to enjoy quiet country living with the convenience of town and nature close by. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Other | 11.50 Ft x 10.67 Ft | |
| Recreational, Games room | 26.00 Ft x 13.00 Ft | |
| Other | 5.08 Ft x 7.25 Ft | |
| Other | 22.42 Ft x 24.33 Ft | |
| Other | 10.00 Ft x 23.42 Ft | |
| Bedroom | 10.67 Ft x 11.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | — | |
| 4pc Bathroom | — | |
| Bedroom | 12.83 Ft x 10.75 Ft | |
| Dining room | 18.42 Ft x 13.17 Ft | |
| Foyer | 8.08 Ft x 7.00 Ft | |
| Kitchen | 12.00 Ft x 11.42 Ft | |
| Laundry room | 5.50 Ft x 6.58 Ft | |
| Living room | 20.00 Ft x 16.83 Ft | |
| Other | 9.33 Ft x 6.58 Ft | |
| Primary Bedroom | 14.83 Ft x 11.92 Ft | |
| Storage | 3.58 Ft x 4.08 Ft | |
| Other | 8.83 Ft x 5.17 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).
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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 Jun 29, 2026.
Location of this listing. Distances are straight-line.
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