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383034 Range Road 42
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Rural Clearwater County · Single Family · under $2,075,000 · 3+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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156+ Acres | 130+ Cultivated Acres | Rental Income | Custom 2,475 Sq.Ft. Barndominium Project Rare opportunity to own a productive, income-generating 156+ acre farm and acreage property just south of Condor in Clearwater County. With over 130 cultivated acres currently leased, a second residence generating rental income, and a stunning custom-built barndominium project well underway, this property offers exceptional flexibility for farming, homesteading, horses, multi-generational living, or investment. The property features two mobile homes with additions, offering approximately 1,630 sq. ft. and 1,253 sq. ft. of living space, mature treed yard sites, garden areas, horse pasture and shelter, and a large heated chicken coop. The impressive shop and future residence measures approximately 47' x 52' with an additional 15' x 11' extension and was built with quality and longevity in mind. Featuring in-floor heat, 200-amp service, solar power infrastructure, and approximately 2,475 sq. ft. of potential residential space on the upper level alone, the building provides an incredible opportunity for a new owner to create a custom home tailored to their own needs and lifestyle. Much of the heavy lifting has already been completed, while still leaving plenty of flexibility to design and finish the living space exactly the way you want it. Properties offering this combination of productive farmland, multiple income streams, extensive improvements, and future residential potential rarely come available. Whether you're looking to expand your agricultural operation, create a self-sufficient homestead, or enjoy the country lifestyle with built-in revenue sources, this unique property delivers outstanding opportunity and long-term value. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.83 Ft x 5.33 Ft | |
| 4pc Bathroom | 5.08 Ft x 8.08 Ft | |
| Bedroom | 12.42 Ft x 10.92 Ft | |
| Bedroom | 11.75 Ft x 9.67 Ft | |
| Bedroom | 8.75 Ft x 9.67 Ft | |
| Foyer | 12.58 Ft x 5.25 Ft | |
| Kitchen | 16.92 Ft x 15.25 Ft | |
| Dining room | 19.25 Ft x 13.00 Ft | |
| Laundry room | 5.92 Ft x 7.33 Ft | |
| Living room | 14.83 Ft x 15.25 Ft | |
| Other | 9.08 Ft x 9.42 Ft | |
| Pantry | 4.75 Ft x 4.75 Ft | |
| Primary Bedroom | 11.17 Ft x 15.17 Ft | |
| Other | 5.08 Ft x 6.67 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
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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
-6.32%
Cap rate
3.60%
GRM
16.7
Break-even rent
$11,608
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 24, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
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