38551 Range Road 21, Rural Red Deer County
Eighty acres of private paradise in the sought-after Sylvan Lake area — just five minutes to Sylvan Lake and twenty to Red Deer. This exceptional estate offers a main residence, an approved secondary residence, and a guest garden area, giving unmatched privacy and versatility.Built with ICF walls, concrete floor joists, and in-floor hot water heat on both levels, the main home is as efficient as it is comfortable. An elevator and open-concept layout bring accessibility and light throughout five bedrooms, three bathrooms, two kitchens with a walk-in pantry and granite counters, a sunroom, and a spacious main-floor laundry. The walkout basement opens to a southwest-facing patio, and a double-attached garage rounds out the home.Outside, a covered deck overlooks grain fields and forest, complemented by a water fountain, a private gazebo with surround sound and fire pit, and a 12'x50' greenhouse with an ICF frost wall for organic growing. A solar power installation at the main building site adds further energy efficiency.The property is also home to the R Family Christmas Tree Farm, spanning 14 acres with approximately 400 trees sold in 2023, complete with an ice-skating rink and picnic shelter. The farm office (built 2019) features forced air heat and 220V power.Multiple income streams add exceptional investment value: a fully upgraded 1976 mobile home currently rents for $1,500/month plus utilities; a 2017 warehouse (60'x120', divided into two finished 60'x60' bays with in-floor heating, 220V power, two three-piece bathrooms, and mezzanines) rents for $6,000/month total plus GST, or $3,000/month per side plus GST; and 43 acres of cropland are leased on a share basis.Support buildings include a 1992 60'x60' shop with two finished bays (in-floor heating on one side, roughed-in on the other), 220V power, a two-piece bathroom, laundry, and a heated mezzanine. A 1986 24'x26' attached garage is fully finished with forced air heat, and multiple storage sheds are availabl e, including a pet-friendly unit with in-floor heat, running water, and power.Enjoy true four-season recreation with easy lake access for swimming, boating, water skiing, ice fishing, snowmobiling, and cross-country skiing — all just minutes from town amenities. This extraordinary estate offers unmatched beauty and versatility. Book your showing to see everything this remarkable property has to offer. (id:1945)
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Property details for 38551 Range Road 21, Rural Red Deer County
- Type
- Farm and Ranch
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 1,956 square feet
- Lot Size
- 80.52
- Ownership
- Freehold
- Annual Taxes
- $11,058 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 38551 Range Road 21
Active Listings
1
Min Price
$3,999,000
Max Price
$3,999,000
Avg Price
$3,999,000
Days on Market
406
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Price History
Listed
August 27, 2025
by Coldwell Banker OnTrack Realty
Current Price
$3,999,000
-3.6% from last change
Type
Farm and Ranch
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $3,999,000 | $151,000 (-3.6%) |
| Aug 19, 2026 | $4,150,000 | Listed |
