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Rural Clearwater County · Single Family · under $725,000 · 2+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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381039 Range Road 7-2
Nestled on 12.78 private acres just 15 minutes from Rocky Mountain House, this unique Ag Zoned property offers endless possibilities for those seeking country living with room to grow. There is a small creek and surrounded by nature, the property provides exceptional privacy and peaceful setting. Built by the original owners in 1991, the character-filled home offers over 1400 sq ft of living space featuring a warm log interior , vaulted ceilings, cozy wood stove, 3 bedroom and 2 bathrooms. The primary suite includes access to a loft area that would make an ideal studio or future hot tub oasis on the deck outside. The basement provides 2 additional bedrooms and access to the crawl space for extra storage. Outside, you 'll find a beautifully established yard with mature landscaping, numerous shrubs, flower beds, fruit trees, fenced garden, and a small pond ready for some rejuvenation. Outbuildings include a 36' x 50' metal-clad pole shop with power and concrete floor, a greenhouse, and numerous sheds. The property is fenced, cross fenced and includes a round corral making it well suited for horses, livestock, or small hobby farm. While the property could benefit from some TLC and Love, it presents an incredible opportunity to create your dream rural lifestyle in a scenic and private setting. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.25 Ft x 14.83 Ft | |
| Bedroom | 9.17 Ft x 12.42 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.25 Ft x 8.08 Ft | |
| Dining room | 8.17 Ft x 13.00 Ft | |
| Foyer | 7.58 Ft x 15.08 Ft | |
| Kitchen | 13.00 Ft x 15.25 Ft | |
| Laundry room | 9.25 Ft x 10.33 Ft | |
| Living room | 19.08 Ft x 24.08 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 6.08 Ft x 6.08 Ft | |
| Primary Bedroom | 15.42 Ft x 19.08 Ft |
Third level
| Room | Dimensions | Features |
|---|---|---|
| Loft | 5.58 Ft x 12.75 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
-1.18%
Cap rate
4.63%
GRM
13.9
Break-even rent
$4,087
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.
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 22, 2026.
Location of this listing. Distances are straight-line.
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Buyer-fit signals
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