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Rural Lacombe County · Single Family · under $925,000 · 5+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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41421 Range Road 261
Welcome to this beautifully established 2.81-acre acreage, where mature trees, incredible views, and a thoughtfully designed family home come together in an unbeatable location. Bordering the JJ Collett Natural Area, you'll enjoy breathtaking west country views, peaceful surroundings, and the convenience of being halfway between Lacombe & Ponoka and only 4.8 km off pavement.Designed for family living, this spacious bungalow offers six bedrooms and three bathrooms, with room for everyone to spread out. A massive wraparound deck surrounds the home, creating the perfect place to enjoy both the morning sunrise and the warmth of the late-day sun.A substantial renovation in 2010 transformed the heart of the home, adding a stunning custom kitchen and an expansive living room anchored by a cozy wood-burning fireplace. The adjoining dining area features a beautiful bay window with plenty of room for large family gatherings, while a wall of built-in shelving adds warmth and character.The main floor includes two bedrooms served by a four-piece bathroom, along with a spacious primary suite featuring an updated three-piece ensuite. A practical mudroom with main-floor laundry provides access to the attached garage, making everyday living easy and functional.Downstairs, you'll find three additional generously sized bedrooms, a three-piece bathroom, a large family room, and a pre-wired media room ready for movie nights. Two storage rooms, a dedicated cold room built specifically for potato storage, and the mechanical room provide exceptional storage and utility space. Walk-up access leads directly into the attached garage for added convenience.The impressive 26' x 34' heated garage includes a workshop area and 220-volt power, making it ideal for hobbyists, mechanics, or anyone needing extra workspace.The 24'x30' shop offers even more flexibility, complete with a mezzanine for additional storage and its own separate driveway for easy access—perfect for home-based businesses, e quipment storage, or serious projects .If you've been dreaming of an established acreage with mature landscaping, abundant space, outstanding outbuildings, and one of Central Alberta's most desirable country settings, this exceptional property is ready to welcome you home. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 19.75 Ft x 10.08 Ft | |
| Bedroom | 11.33 Ft x 18.67 Ft | |
| Bedroom | 9.33 Ft x 9.08 Ft | |
| Bedroom | 11.92 Ft x 12.67 Ft | |
| 3pc Bathroom | — | |
| Recreational, Games room | 14.67 Ft x 25.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 18.17 Ft x 15.25 Ft | |
| Dining room | 13.00 Ft x 15.83 Ft | |
| Living room | 15.17 Ft x 25.00 Ft | |
| Bedroom | 10.33 Ft x 9.42 Ft | |
| Bedroom | 11.33 Ft x 9.42 Ft | |
| Primary Bedroom | 10.33 Ft x 15.67 Ft | |
| 3pc Bathroom | — | |
| 4pc Bathroom | — |
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
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Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.93%
Cap rate
4.68%
GRM
13.9
Break-even rent
$5,239
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 Jul 4, 2026.
Location of this listing. Distances are straight-line.
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