$ 765,000

242 Prospect Drive, Fort Mcmurray

Welcome to 242 Prospect Drive: A luxurious 2017-built home offering just under 2,000 sq. ft. of beautifully designed living space, a fully legal one-bedroom basement suite, and an incredible backyard backing onto green space with access to beautiful walking trails. Located in sought-after Stonecreek neighbourhood, this property brings together elevated finishes, exceptional functionality, income potential, and a serene outdoor setting. A three-car aggregate driveway leads to the double attached heated garage, complete with built-in storage. Inside the home, grey luxury vinyl plank flooring and marble tile create a polished foundation, complemented by upgraded lighting and a bright, contemporary palette throughout. The kitchen is beautifully finished with crisp white cabinetry, herringbone tile backsplash, stainless steel appliances and under-cabinet lighting. A walk-through pantry provides plenty of additional storage while keeping everything easily accessible. The kitchen flows seamlessly into the main living area, where a gas fireplace creates a warm focal point and an inviting space to gather. The same cabinetry and finishes are carried into the bathrooms, creating a cohesive feel throughout the home. Upstairs, the large bonus room offers an impressive second living space, with vaulted ceilings and anchored by a gas fireplace with a statement shiplap surround and large bright windows. Whether used for movie nights, entertaining, or relaxing at the end of the day, this is a space designed to be enjoyed. The bedrooms are equally well appointed, with custom built-ins thoughtfully incorporated into every closet. The spacious primary retreat with a beautiful sage green feature wall is complemented by a beautifully finished ensuite featuring double sinks and a stunning freestanding soaker tub beneath an elegant chandelier, creating a luxurious focal point and a spa-like place to unwind. The lower level adds incredible versatility with a bright, fully legal one-bedroom basement suite. High ceilings make the space feel open and inviting, while a fresh repaint completed at the beginning of 2026 gives it a clean, refreshed feel. The backyard is one of the home's standout features, offering an incredible amount of space with green space beyond and convenient access to the surrounding walking trails. An extended deck provides plenty of room for outdoor entertaining and is equipped with a natural gas BBQ line, while a large shed offers additional storage. A firepit area creates the perfect setting for summer evenings, and a convenient doggy door makes backyard access easy for four-legged family members. From the heated garage and custom storage to the legal income suite and expansive backyard setting, 242 Prospect Drive offers the rare combination of space, quality, revenue potential, and access to nature - all in a family-friendly Stonecreek location close to parks, trails, schools, and amenities. Schedule your private tour today. (id:1945)
Powered by REALTOR.ca
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association

Property details for 242 Prospect Drive, Fort Mcmurray

Type
Residential
Bedrooms
4
Bathrooms
4
Living Area
1,970 square feet
Lot Size
5166.75
Stories
2
Basement
Finished, Full, Separate entrance, Suite
Parking
Attached Garage, Parking Pad, Exposed Aggregate
Heating
Forced air
Cooling
Central air conditioning
Exterior
Vinyl siding
Ownership
Freehold
Annual Taxes
$3,339 (2026)

Nearby Listings Stat

Estimated price and comparable properties near 242 Prospect Drive

Active Listings
19
Min Price
$425,000
Max Price
$765,000
Avg Price
$554,679
Days on Market
49
days
Sold Listings
5
Min Sold Price
$440,000
Max Sold Price
$599,900
Avg Sold Price
$489,880
Days until Sold
97
days

Neighbourhood Census Data

Wood Buffalo, Alberta

Population
465
Median Age
42.7
Median Income
$20,352
Dwelling Value
$164,903

Housing Tenure

Owners 17%
Renters 83%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.7
Pop. Density: 6,798.2/km²
Avg Shelter Cost: $962/mo
Owners with Mortgage: 62.5%
Owners Spending 30%+: 55.6%
Tenants Spending 30%+: 51.2%
English only: 1.1%
French only: 62.4%
English and French: 36.6%
Median Household Income: $27,360
Median Employment Income: $22,400

Price History

Listed
October 6, 2026
by The Agency North Central Alberta
Current Price
$765,000
Type
Residential
For Sale
242 Prospect Drive

Contact Agent Get in touch about 242 Prospect Drive, Fort Mcmurray

Paige Cyr
Paige Cyr
The Agency North Central Alberta