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Reduced $245,400 (11%) from $2,244,400
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51341 Range Road 210
Beds
6
Baths
5 full + 1 half
Sqft
7,069
Year
1995
Type
Agriculture
On market
61d
Set along the shores of Hastings Lake, this exceptional 77.57-acre property offers a rare combination of lakefront living, 7000+ square foot of living space and a fully developed equestrian facility, located just 15 minutes from Sherwood Park. With two residences, a complete indoor and outdoor horse setup, and irrigation water rights, this property is well suited for those looking to operate, expand, or simply enjoy acreage living with purpose.The main residence offers over 7,000 sq.ft. of above-grade living space, thoughtfully designed for both everyday living and entertaining. The heart of the home is a spacious kitchen featuring hickory cabinetry, granite countertops, and a large central island, flowing into an open dining and living area. Expansive windows and a bright sunroom/office capture natural light and scenic views of Hastings Lake.The main level includes a private primary suite with a 5-piece ensuite and walk-in closet, along with three additional bedrooms and multiple bathrooms. The fully developed lower level features two more bedrooms, a large recreation room of over 1,300 sq.ft. complete with a wet bar, a spacious solarium with hot tub, two natural gas fireplaces, and dual laundry setups. A 992 sq.ft. triple attached garage provides ample space for vehicles and storage.A second residence on the property adds flexibility for extended family, staff, or rental income. The main floor includes three bedrooms and comfortable living space, while the basement features a fully self-contained legal suite with its own kitchen, bedroom, bathroom, and in-suite laundry.The equestrian facilities are well established and designed for year-round use. A heated indoor riding arena measuring 170’ x 70’ (built in 2014) is directly connected to the barn for convenience. The heated barn includes 16 stalls, a wash bay, three tie stalls, two tack rooms, a feed room, and a bathroom.The outdoor setup is organized for efficient horse management, featuring six large pa ddocks, nine smaller paddocks, and three larger fenced areas.Additional improvements include a 50’ x 32’ shop, pole barn, hip-roof barn, detached garage, and multiple storage buildings.The land itself offers a functional mix of open and usable space, with lakefront access to Hastings Lake and irrigation water rights in place. The layout supports both equestrian and agricultural use, while the setting provides privacy, views, and long-term usability.A well-rounded and fully equipped property offering scale, flexibility, and a complete setup in a highly desirable location. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 2.58 M x 3.26 M | |
| 3pc Bathroom | 2.83 M x 3.35 M | |
| Bedroom | 3.91 M x 3.37 M | |
| Foyer | 3.87 M x 4.22 M | |
| Other | 3.16 M x 4.10 M | |
| Recreational, Games room | 17.83 M x 8.10 M | |
| Bedroom | 3.64 M x 8.10 M |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 1.72 M x 3.99 M | |
| 5pc Bathroom | 3.98 M x 4.16 M | |
| 5pc Bathroom | 2.45 M x 4.00 M | |
| Bedroom | 3.44 M x 2.97 M | |
| Bedroom | 4.72 M x 5.14 M | |
| Bedroom | 4.56 M x 5.17 M | |
| Dining room | 7.40 M x 3.99 M | |
| Kitchen | 9.45 M x 4.90 M | |
| Laundry room | 2.41 M x 2.97 M | |
| Living room | 5.25 M x 8.27 M | |
| Primary Bedroom | 7.79 M x 3.99 M | |
| Pantry | 3.92 M x 4.03 M | |
| Office | 5.73 M x 5.56 M |
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
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
-0.59%
Cap rate
4.75%
GRM
13.9
Break-even rent
$12,208
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.
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 9, 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 Hastings Lake. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.