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16, 37535 Range Road 265
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Rural Red Deer County · Agriculture · under $4,200,000 · 3+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Springvale Meadows is a fully developed, infrastructure-rich equestrian estate purpose-built for professional training, boarding, and year-round operation. The scale of improvements and established land base provide a comprehensive facility in a prime central Alberta location.At the center of the property is an approximately 20,800 square foot heated indoor riding arena designed for all-season use. The facility includes a large riding surface, 19 permanent stalls, wash bays, tack areas, office space, and an elevated viewing lounge with integrated suite accommodations (approximately 1,740 square feet). LED high-bay lighting has been installed, and the building includes emergency generator connection capability. Arena footing is professionally maintained on an approximate four-year cycle.Additional infrastructure includes a quonset-style barn with 7 overflow stalls, multiple paddocks equipped with shelters and automatic waterers, 14 individual round pens for structured training rotation, and two outdoor riding arenas to expand seasonal capacity. A 60’ x 100’ x 18’ hay shed provides substantial covered storage for feed and equipment. Secondary support buildings, extensive paved yard areas, and a gated entrance contribute to operational efficiency and year-round accessibility.The residence offers approximately 2,750 square feet of developed living space, positioned to maintain privacy while remaining integrated within the operational footprint. Mature landscaping, established shelterbelts, and a pond with cabin and dock enhance the overall setting.The 94.23-acre parcel includes approximately 70 cultivated acres currently under lease. Two producing water wells service domestic and livestock requirements. Zoning supports agricultural and equestrian uses consistent with existing improvements.This offering presents an opportunity to acquire an established equestrian facility with substantial existing infrastructure in place. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 12.17 Ft x 12.67 Ft | |
| Recreational, Games room | 21.17 Ft x 26.75 Ft | |
| Furnace | 22.92 Ft x 14.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 9.67 Ft x 8.17 Ft | |
| 5pc Bathroom | 8.83 Ft x 8.00 Ft | |
| Bedroom | 12.50 Ft x 11.58 Ft | |
| Breakfast | 12.50 Ft x 11.58 Ft | |
| Dining room | 12.25 Ft x 15.67 Ft | |
| Foyer | 6.50 Ft x 7.33 Ft | |
| Kitchen | 11.50 Ft x 12.42 Ft | |
| Living room | 15.67 Ft x 25.08 Ft | |
| Other | 13.58 Ft x 15.42 Ft | |
| Bedroom | 12.50 Ft x 13.17 Ft | |
| Primary Bedroom | 15.92 Ft x 21.08 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
-0.49%
Cap rate
4.77%
GRM
13.9
Break-even rent
$23,586
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 Apr 30, 2026.
Location of this listing. Distances are straight-line.
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Buyer-fit signals
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