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40509 Range Road 234
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Beds
4
Baths
2
Sqft
1,336
Year
1961
Type
Single Family
On market
0d
Acreage Living at Its Best – Move-In Ready, Private & Full of Possibilities! Welcome to this charming bungalow nestled on a beautifully treed and private acreage just east of Lacombe. Offering the perfect blend of rural tranquility, modern updates, and everyday convenience, this property is an excellent opportunity for those looking to enjoy country living without sacrificing accessibility. Located mostly on pavement with only approximately one mile of gravel road, the property is just minutes from Alix & Clive, approximately 20 minutes from Lacombe, and 35 min from Red Deer offers school bus service right to the area. Situated on a mature, well-established yard site with only one neighboring property, this acreage provides exceptional privacy and a peaceful setting surrounded by nature. Partially fenced and suitable for up to two horses, it is an ideal property for hobby farmers, animal lovers, or anyone dreaming of acreage life. The home offers 1,336 sq. ft. above grade plus a fully finished basement, providing plenty of room for family and guests. Inside, you’ll find a bright and welcoming living room, spacious dining area, and an updated kitchen complete with a full appliance package. The main floor features two bedrooms, a full bathroom, and convenient laundry/storage space that could easily be relocated to the basement if desired. A standout feature of the home is the beautiful four-season sunroom, which offers additional living space and year-round enjoyment. In-floor heat has been roughed in, creating future potential for even greater comfort. The finished basement adds valuable living space with a large family room, two additional bedrooms, a second bathroom, ample storage, and a cold room that could easily be converted into a den, hobby room, or office. Over the years, the property has seen numerous upgrades, including flooring, windows, doors, siding, paint, shingles, septic system, furnace, hot water tank, air conditioning, well pump, and more, allowing the next owner to move in and enjoy with confidence.Outside, the oversized updated deck is the perfect place to enjoy your morning coffee, entertain family and friends, or relax while taking in the peaceful surroundings. The yard offers plenty of space for gardening, outdoor activities, and evenings around the fire pit. For those needing garage and workshop space, this property delivers. The attached 24’ x 16’ garage is finished with durable tin sheeting, while the detached 28’ x 30’ heated garage features 9’ ceilings, 8’ overhead doors, plywood interior finishing, and is roughed in for in-floor heating,making it an excellent workshop, storage space, or hobby area. With room to expand, add additional outbuildings, or simply enjoy as-is, this turnkey acreage offers incredible value, privacy, and flexibility. Whether you’re starting your acreage journey, downsizing to country living, or searching for a property with room to grow, this one is a must-see. Easy to show and ready for its next chapter! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 6.50 Ft x 6.92 Ft | |
| Bedroom | 12.83 Ft x 10.83 Ft | |
| Bedroom | 12.83 Ft x 11.00 Ft | |
| Recreational, Games room | 14.58 Ft x 23.75 Ft | |
| Storage | 12.83 Ft x 8.25 Ft | |
| Furnace | 11.00 Ft x 14.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 10.00 Ft x 4.83 Ft | |
| Bedroom | 7.50 Ft x 11.58 Ft | |
| Dining room | 11.42 Ft x 8.42 Ft | |
| Kitchen | 11.42 Ft x 11.08 Ft | |
| Laundry room | 10.00 Ft x 8.58 Ft | |
| Living room | 15.50 Ft x 19.25 Ft | |
| Primary Bedroom | 13.33 Ft x 10.67 Ft | |
| Sunroom | 11.25 Ft x 14.75 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
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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).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 11, 2026.
Exact location of this listing.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Lacombe County. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.