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48149 279 Avenue E
Beds
5
Baths
5 full + 1 half
Sqft
4,168
Year
2018
Type
Single Family
On market
71d
From the moment you arrive, there’s an immediate sense this property is something special. Set on 4.26 beautifully developed acres, it offers both presence and understated grandeur. A rare opportunity to enjoy acreage living this close to the city. Ideally positioned, this property offers the perfect balance of space, privacy, and everyday convenience. Just 10 minutes to South Health Campus, 25 minutes to downtown Calgary, and 18 minutes to the train, with nearby access to schools, recreation, a year-round indoor ice arena with walking/running track, the Okotoks Agricultural Society indoor heated arena, and river access. The home’s exterior showcases timeless shingle-style siding crafted from high-quality compressed wood, complemented by extensive board and batten detailing and steep gables—an architectural style carried consistently through the 5,589 sqft home and across the outbuildings. Expansive windows invite natural light and capture views in every direction, while the interior offers a sense of comfort and ease from the moment you step inside. At the heart of the home, a beautifully designed kitchen features hand-painted raised panel cabinetry, marble and granite surfaces, a statement double fridge/freezer, and a 48” dual fuel range. A walk-in pantry with bar fridge and copper sink adds functionality, while custom reclaimed wood shelving brings warmth and character. Rare oiled wide-plank hardwood, travertine, and copper fixtures are featured throughout. The main living areas extend seamlessly to a covered outdoor space with a vaulted wood ceiling and double-sided fireplace, creating a true indoor-outdoor experience. A custom open staircase connects all levels, leading to an upper level with dual primary walk-in closets and direct access to the laundry room for a practical circular flow. An attached nanny suite offers a private entrance, deck, full bathroom, and bar area—ideal for guests or extended family. The grounds are equally impressive, with extensive st onework, cobblestone pathways, mature landscaping, and a tranquil pond. Raised garden beds, a fully enclosed vegetable garden, and an insulated, powered chicken coop reflect the same level of care and design, while irrigation and power are distributed throughout for ease of maintenance. Perfectly suited for equestrian use, the property includes a barn with landscaped patio, dedicated recreation/pool table space, matching horse shelters, and additional fenced livestock areas. The oversized 1,500 sqft, in floor heated, garage offers built-in cabinetry, extensive paved parking, and RV parking with full power hookup. Built for long-term performance, the home features a triple furnace system for zoned heating, dual AC, boiler-based in-floor heat in the fully finished basement, and year-round water access in the garage. Where lifestyle meets convenience. This exceptional property offers the space and beauty of acreage living, without sacrificing access to everything that matters. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 15.17 Ft x 32.00 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Furnace | 15.50 Ft x 17.00 Ft | |
| Exercise room | 9.58 Ft x 14.50 Ft | |
| Bedroom | 11.33 Ft x 17.75 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 16.08 Ft x 17.58 Ft | |
| Kitchen | 15.92 Ft x 17.17 Ft | |
| Dining room | 10.00 Ft x 15.92 Ft | |
| Office | 11.08 Ft x 12.83 Ft | |
| 2pc Bathroom | .00 Ft x .00 Ft | |
| Foyer | 8.00 Ft x 8.83 Ft | |
| Other | 8.92 Ft x 14.92 Ft | |
| Pantry | 4.67 Ft x 7.58 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Bonus Room | 14.83 Ft x 18.00 Ft | |
| Laundry room | 9.08 Ft x 9.58 Ft | |
| Primary Bedroom | 16.17 Ft x 17.00 Ft | |
| Bedroom | 10.92 Ft x 12.17 Ft | |
| Bedroom | 10.92 Ft x 12.25 Ft | |
| 5pc Bathroom | .00 Ft x .00 Ft | |
| 5pc Bathroom | .00 Ft x .00 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Other | 11.67 Ft x 15.83 Ft | |
| Guest suite | 13.67 Ft x 22.75 Ft | |
| Bedroom | 10.92 Ft x 14.42 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
-0.53%
Cap rate
4.76%
GRM
13.9
Break-even rent
$17,976
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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.
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 7, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Foothills County. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.