PRIME 9.79-ACRE DEVELOPMENT OPPORTUNITY. This exceptional parcel in Chestermere’s highly desirable North Acreages offers a rare combination of immediate utility and massive future growth potential. Flat, fully fenced, and east-facing with scenic creek views, this site is perfectly positioned just minutes from Highway 1 and Calgary.
FUTURE UPSIDE: A land-use redesignation is already underway, proposing a 43-lot R-1 single-family subdivision, plus R-3 multi-unit potential on the adjacent parcel. Substantial due diligence is complete and available to the buyer, including Engineering and Transportation Impact Assessments, Biophysical, Geotechnical, and Wetland studies, and Water/Wastewater servicing assessments.
DEVELOP NOW – SKIP THE WAIT: Under the City’s 2023 approved Transitional Rural Residential (TRR) District, you can capitalize on this land today without waiting for city deep services. Utilize the existing high-capacity well and septic system to:
• Subdivide into 1-acre parcels (minimum 1-acre lots permitted).
• Build a single detached home with a secondary suite or a Bed & Breakfast.
• Operational flexibility: Approved for major/minor home businesses, plus discretionary uses like Kennels, Animal Health Services, Child Care Facilities, or Places of Worship.
• Servicing: TRR path allow for potable water via cisterns and wastewater via pump-out tanks.
IMMEDIATE INCOME & UTILITY: The property includes a well-maintained 4-bedroom, 2-bathroom bungalow and outbuildings, allowing for owner use or rental income during the planning phase. Secure your stake in one of Alberta’s fastest-growing cities. 24-hour notice required for bungalow; land may be walked with a confirmed appointment. GST may be applicable.
With strong housing demand and significant municipal growth, this 9.79-acre site presents a rare, high-ROI opportunity for developers and investors looking to secure a prime piece of Chestermere’s future.
Address
243211 Paradise Road
List Price
$6,400,000
Property Type
Land
Type of Dwelling
Residential Land
Transaction Type
Sale
Area
Chestermere
Sub-Area
CHNAC
Lot Size
426452 Sq. Ft.
MLS® Number
A2267442
Listing Brokerage
URBAN-REALTY.ca
Postal Code
T1X 0M9
Zoning
Large Lot Rural Residenti
Site Influences
Lake, Schools Nearby, Shopping Nearby