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Reduced $47,000 (4%) from $1,097,000
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Rural Woodlands County · Single Family · under $1,150,000 · 3+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Lot 8 592015 Range Road 122
Luxury Acreage Living with Unmatched Views – #8 Summit DrivePerched on 8.5 acres with breathtaking panoramic views overlooking town and stretching as far as the eye can see, this exceptional estate offers the perfect blend of luxury, comfort, and functionality. Construction on this incredible home started in 2012 and was complete in 2014. Boasting approximately 2,691 sq.ft. on the main and upper levels plus a fully finished 2,499 sq.ft. walk-out basement, this home is designed for both everyday living and grand entertaining.The home is built to the highest standards, featuring triple-pane low-E windows, central heating and air conditioning, hot water on demand, and in-floor heating in both the walk-out basement and garage. Thoughtful finishes include quartz countertops, a stunning main floor fireplace, and an electric humidity fireplace in the basement.The chef-inspired kitchen is complemented by a butler’s kitchen and comes fully equipped with premium appliances, including a washer and dryer, induction cooktop, combination microwave/convection wall oven, refrigerator, wine cooler, and multiple bar fridges—perfect for entertaining.The luxurious primary suite is a true retreat, offering a Jacuzzi tub, dual sinks, a separate shower, two walk-in closets, and a private balcony. An elevator shaft wired and built for all three levels adds future-proof convenience and accessibility.Additional features include steel and concrete decks, maintenance-free exterior finishing that never requires painting, and a heated 3-car garage with epoxy-coated floors and checker-plate finishing throughout. For hobbyists, business owners, or acreage enthusiasts, the impressive 42’ x 60’ shop with mezzanine is a standout.The property is fully serviced with power and water run throughout. Professionally landscaped grounds showcase concrete curbing around all flower beds, creating a polished and low-maintenance outdoor space. An infrared spa and steam bath complete the resort-like e xperience.A rare offering that combines luxury living, spectacular views, and exceptional acreage infrastructure, this is a property that must be experienced to be fully appreciated. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Furnace | 11.08 Ft x 9.83 Ft | |
| Bedroom | 13.50 Ft x 21.08 Ft | |
| Bonus Room | 9.83 Ft x 35.08 Ft | |
| Storage | 6.00 Ft x 45.00 Ft | |
| 4pc Bathroom | — | |
| Storage | 13.75 Ft x 5.92 Ft | |
| Recreational, Games room | 34.00 Ft x 34.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 10.42 Ft x 11.17 Ft | |
| 4pc Bathroom | — | |
| Bedroom | 11.58 Ft x 11.50 Ft | |
| Bedroom | 10.92 Ft x 11.75 Ft | |
| Living room | 19.08 Ft x 17.58 Ft | |
| Other | 14.50 Ft x 27.50 Ft | |
| Laundry room | 14.50 Ft x 7.08 Ft | |
| Pantry | 4.00 Ft x 6.00 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 5pc Bathroom | — | |
| Primary Bedroom | 14.58 Ft x 11.00 Ft | |
| Other | 11.00 Ft x 10.00 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
-0.83%
Cap rate
4.70%
GRM
13.9
Break-even rent
$6,453
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
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.
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 25, 2026.
Location of this listing. Distances are straight-line.
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Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.