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39, 39233 Range Road 271
Set on three private acres in Northlane Estates, conveniently located between Red Deer and Blackfalds, this is not your typical acreage. Built in 2008 with insulated concrete form construction from the foundation to the rafters, the home was designed for comfort, efficiency, and long-term durability. With more than 6,300 sq ft of finished living space, a heated double attached garage with a separate workshop bay, a 28’ x 40’ detached garage, and two flexible lower-level living areas, this property offers an incredible amount of space and versatility ~ Inside, the home has personality. Custom log railings, a dramatic log staircase, river-rock feature walls, warm wood finishes, and western-inspired details create a welcoming lodge-style feel. The main living area is the heart of the home, with a vaulted wood ceiling, exposed log posts, a wall of windows overlooking the mature yard, a wood-burning stove, a TV and lounge area, and an adjoining bar space ~ The kitchen and dining area are just as memorable. The kitchen offers extensive cabinetry, a large central island, additional peninsula seating, a farmhouse-style sink, and oversized windows that bring in natural light and views of the trees outside. The dining area is surrounded by windows and connects easily to the kitchen, living room, and west-facing deck, making this a great home for everyday family life or entertaining ~ The main floor also includes two bedrooms, a dedicated office, a half bath, a laundry room, a summer kitchen, and a full bathroom filled with character, including a whiskey-barrel vanity, claw-foot soaker tub, and electric fireplace with a wood-stove look ~ Upstairs, the approximately 974 sq ft primary retreat is a standout feature. It includes a spacious bedroom, sitting area, walk-in closet, views over the main living space, and a large ensuite with a jetted tub and another electric fireplace ~ The fully developed lower level adds exceptional flexibility for extended family, older children, gu ests, or potential rental income. With a separate entrance through the garage and shared laundry in the common lobby, the basement includes two spacious suite-style living areas. Each has its own full kitchen, living area, bedroom, and bathroom. A flex room between the two spaces can be used as a guest room, office, or additional bedroom-style space ~ Outside, the acreage is surrounded by mature trees and established landscaping, creating a peaceful and private setting. The fully paved driveway wraps behind the detached garage, providing plenty of room for vehicles, trailers, equipment, and recreational toys. The heated attached garage includes two parking bays plus a dedicated workshop bay. The property is zoned for one to two horses. Gardeners will appreciate the enclosed garden, raspberries, Saskatoon berries, apple trees, cherries, and the well with a newer pump. Additional upgrades include a new furnace installed last year and a new pump in the well. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 8.67 Ft x 7.42 Ft | |
| 4pc Bathroom | 8.75 Ft x 14.17 Ft | |
| Bedroom | 11.50 Ft x 15.50 Ft | |
| Bedroom | 11.17 Ft x 14.92 Ft | |
| Kitchen | 13.42 Ft x 10.67 Ft | |
| Recreational, Games room | 16.42 Ft x 17.75 Ft | |
| Recreational, Games room | 25.83 Ft x 14.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 6.67 Ft x 5.33 Ft | |
| 4pc Bathroom | 12.67 Ft x 13.33 Ft | |
| Bedroom | 12.42 Ft x 11.42 Ft | |
| Bedroom | 12.17 Ft x 14.00 Ft | |
| Dining room | 12.42 Ft x 23.17 Ft | |
| Kitchen | 13.00 Ft x 16.08 Ft | |
| Foyer | 13.25 Ft x 17.00 Ft | |
| Living room | 17.33 Ft x 30.92 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 37.33 Ft x 23.83 Ft | |
| 5pc Bathroom | 12.42 Ft x 9.58 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
-0.75%
Cap rate
4.71%
GRM
13.9
Break-even rent
$7,665
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 Jun 15, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.