22 Lanterman Close, Red Deer

Welcome to this fully developed 4-bedroom, 2-bathroom bi-level in the family-friendly community of Lancaster. Ideally located close to schools, parks, playgrounds, shopping, and everyday amenities, this home offers the space and flexibility that many buyers are looking for. The main floor features a bright, open-concept layout with plenty of natural light, a spacious kitchen with ample cabinetry and counter space, and a comfortable dining and living area that makes everyday living and entertaining feel effortless. Downstairs, the fully developed lower level adds a whole new level of flexibility with a second kitchen, separate laundry, two additional bedrooms, and a full bathroom. Whether you need space for extended family, older children, guests, or simply want more room to spread out, the possibilities are here. The lower-level kitchen, cabinetry, and appliances were updated in 2023, and the basement has been freshly painted, giving the space a clean, refreshed feel. Major updates include a new furnace, new hot water tank, and central air conditioning, providing comfort and peace of mind for years to come. Outside, enjoy a west-facing backyard with room to relax and entertain, along with an oversized 22' x 22' boarded double detached garage—perfect for vehicles, storage, hobbies, or a workshop. There is also an oversized storage shed and additional storage beneath the deck. If you're looking for a home that gives you room to live, flexibility for the future, and a great Lancaster location, this one is worth a look. (id:1945)

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Property details for 22 Lanterman Close, Red Deer

Type: Residential
Style: Bi-level
Bedrooms: 4
Bathrooms: 2
Living Area: 1,022 square feet
Lot Size: 4137.00
Basement: Finished, Full, Suite
Parking: Detached Garage, Other
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Vinyl siding
Ownership: Freehold
Annual Taxes: $3,759 (2026)

Nearby Listings Stat
Estimated price and comparable properties near 22 Lanterman Close

Active Listings

Min Price

$359,000

Max Price

$447,500

Avg Price

$412,300

Days on Market

days

Sold Listings

Min Sold Price

$309,900

Max Sold Price

$429,900

Avg Sold Price

$357,400

Days until Sold

days

Neighbourhood Census Data

Red Deer, Alberta

Population

1,011

Median Age

30.1

Median Income

$46,251

Dwelling Value

$349,478

Housing Tenure

Owners 68%

Renters 33%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.9

Pop. Density: 4,278.5/km²

Avg Shelter Cost: $1,787/mo

Owners with Mortgage: 95.7%

Owners Spending 30%+: 8.5%

Tenants Spending 30%+: 36.4%

English only: 92.6%

English and French: 6.4%

Neither: 0.5%

Median Household Income: $103,168

Median Employment Income: $44,800

Price History

Listed

July 13, 2026

by Coldwell Banker OnTrack Realty

Current Price

$429,900

-2.3% from last change

Type

Residential

For Sale

Price Changes

Date	Price	Change
Current	$429,900	$10,000 (-2.3%)
Oct 10, 2026	$439,900	$10,000 (-2.2%)
Sep 21, 2026	$449,900	$5,100 (-1.1%)
Aug 6, 2026	$455,000	$4,900 (-1.1%)
Jul 27, 2026	$459,900	$40,000 (-8%)
Jul 13, 2026	$499,900	Listed