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68 Oakwood Close
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Beds
3
Baths
5 full + 1 half
Sqft
1,988
Year
2006
Type
Single Family
On market
29d
Welcome to this absolutely stunning custom-built executive walkout bungalow backing directly onto the beautiful Red Deer River. Offering 1,987.50 sq. ft. of luxurious main floor living, this one-of-a-kind home combines exceptional craftsmanship, timeless finishes, and breathtaking outdoor spaces. From the moment you enter, you’ll be impressed by the soaring 14’ ceilings, expansive room sizes, and the spectacular rock feature wall that flows from the top of the staircase into the walkout basement. Rich stressed alder hardwood flooring runs throughout, while all tile floors are heated for ultimate comfort.The chef’s dream kitchen is designed to impress with a massive raised granite island, stunning Sapele African Mahogany cabinetry, recessed lighting, walk-in pantry, and incredible entertaining space. The great room features a 12’ ceiling and a gorgeous double-sided fireplace that extends seamlessly to the upper deck, allowing you to enjoy the ambiance both indoors and out. Garden doors off the dining area lead to the incredible 10x48 deck complete with glass railing, gas hookup, and a double pergola with lighting — all perfectly positioned to take in the river views.This home features 3 spacious bedrooms plus an office, with every room offering exceptional space and functionality. The luxurious primary retreat showcases a 10’ ceiling, large walk-in closet with organizers, a beautiful 4-piece ensuite, and private garden door access to the upper deck. Downstairs, both bedrooms feature their own walk-in closets and ensuites, creating the perfect setup for family or guests. The walkout basement is built for entertaining with a wet bar complete with fridge and dishwasher, plus direct access to the 14x13 screened sunroom and additional lower patios wired for a hot tub.Additional features include a heated attached garage, central A/C, incredible custom detailing throughout, and unbeatable outdoor living spaces. This executive bungalow offers a rare opportunity to own a truly exceptional river backing property in one of Red Deer’s most sought-after locations. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 7.17 Ft x 6.08 Ft | |
| 3pc Bathroom | 8.42 Ft x 5.17 Ft | |
| 4pc Bathroom | 8.58 Ft x 7.58 Ft | |
| Bedroom | 13.92 Ft x 12.83 Ft | |
| Bedroom | 13.17 Ft x 17.42 Ft | |
| Sunroom | 12.42 Ft x 14.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 5.00 Ft x 6.67 Ft | |
| 4pc Bathroom | 14.33 Ft x 8.92 Ft | |
| Laundry room | 10.25 Ft x 18.25 Ft | |
| Office | 14.67 Ft x 13.00 Ft | |
| Primary Bedroom | 18.17 Ft x 16.08 Ft |
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).
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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.
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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 May 22, 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 Red Deer. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.