Opportunity knocks with this 1949 bungalow situated on a rare double-wide 1,112 square meter lot in the heart of Diamond Valley. This 2-bedroom, 1-bathroom, 792 square foot home is a true handyman’s special and is being offered primarily for land value making it an incredible opportunity for builders, investors, or anyone dreaming of creating their perfect home in a charming small town setting.The existing home features single level living, with a charming front porch, spacious living room, generous kitchen, as well as a large mudroom equipped with laundry hook-ups. The roof was replaced approx. 15 years ago, the hot water tank is only 5 years old and although the furnace is on the older side, it has been well maintained and runs perfectly. The property been rented to long-term tenants for many years, offering immediate holding potential. Whether you're considering building your dream home, undertaking a renovation, or seeking an immediate rental the possibilities here are endless. Build your custom dream home while continuing to live in the existing residence during construction. With the generous double lot, there’s also exciting potential to build a second home while keeping the current property as a future in-law suite, income property, or Airbnb, subject to the approval and permitting by the town or municipality. Lots of this size and flexibility are a rare find in this desirable community. Diamond Valley offers the perfect blend of small-town charm and modern convenience. Families will appreciate local schools such as Turner Valley School and Oilfields High School, along with nearby amenities including shops, cafes and essential services right in town. Outdoor enthusiasts will love proximity to parks, pathways, and the Sheep River valley, as well as easy access to Kananaskis Country for year-round recreation. Located just minutes from Okotoks and an easy commute to Calgary, this property offers a peaceful escape from the city without sacrificing convenience. If you’ve been waiting for a large lot with unlimited potential in a growing and welcoming community, this is your chance. (id:47421)
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Detailed Information
Bedrooms
2
Bathrooms
1
Lot
30.58 x 36.59 m
Amenities Nearby
Park, Playground, Schools, Shopping
Features
See remarks, Back lane
Listing Contract Date
2026-02-27
Municipal ID
0019171008
Ownership Type
Freehold
# of Parking Spaces
2
Plan
5533EF
Property Type
Single Family
Transaction Type
For sale
Zoning Description
BD - SINGLE DETATCHED - R1
Building
Appliances
Refrigerator, Range - Electric, Dishwasher, Window Coverings
Architectural Style
Bungalow
Basement Type
Crawl space
Constructed Date
1949
Construction Material
Wood frame
Construction Style (Attachment)
Detached
Cooling Type
None
Flooring Type
Carpeted, Linoleum
Foundation Type
Block, None, Piled
Heating Type
Forced air
Stories Total
1
Total Finished Area
792.64 sqft
Type
House
Rooms
Room
Level
Dimensions
Notes
Furnace
Basement
6.33 Ft x 12.33 Ft
4pc Bathroom
Main level
7.75 Ft x 5.00 Ft
Bedroom
Main level
9.67 Ft x 9.50 Ft
Bedroom
Main level
9.67 Ft x 9.67 Ft
Kitchen
Main level
15.08 Ft x 10.17 Ft
Living room
Main level
15.17 Ft x 12.67 Ft
Other
Main level
11.75 Ft x 11.58 Ft
Parking Spaces
Name
Spaces
Other
Parking Pad
Land
Total Size
1112.7 square meters
Amenities
Park, Playground, Schools, Shopping
Fence Type
Partially fenced
Size of Irregular Land
1112.70
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