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Home Communities 2650 55 Street
$4,750,000 Active
2650 55 Street · Red Deer · T4P 0Y3
4 bd 3.0 ba 4,080 sqft $1,164/sqft Built 1990
MLS® A2299290 · Listed Apr 6, 2026
Listed by Century 21 Bravo Realty — Melissa Hammer, Charlotte Hogarth
By the numbers

How this listing measures up

$/sqft $1,164
Sqft per bedroom 1,020
Year built 1990
Annual taxes $9,816 2025
Garage 3 spaces

About this property

Opportunities like this are rare—just under 3 acre acreage property located right within the City of Red Deer offering space, privacy, and exceptional future potential. Positioned just off Highway 11, this property benefits from excellent exposure and accessibility while still providing a private, established setting. Set on a generously sized parcel, the property features a large existing home surrounded by mature landscaping, creating a peaceful environment with the convenience of surrounding city amenities. What truly sets this property apart is its subdivision into two separate lots, opening the door to a wide range of possibilities. Whether you’re looking to hold as an investment, redevelop, or explore multi unit opportunities, the potential here is substantial. With the possibility for rezoning (subject to city approval), this site could accommodate additional residential development, townhomes, a gated community concept, or even select commercial uses such as a strip style retail development. The combination of location, land size, and flexibility makes this an attractive option for builders, developers, and investors alike. Properties offering this level of versatility within city limits are increasingly hard to find. A rare opportunity to secure a high visibility parcel with both immediate use and long term upside.

Property details

Bedrooms4
Bathrooms3.0
Style2 Storey
HeatingForced Air
CoolingNone
FlooringCarpet,Tile,Vinyl
LevelsTwo
BasementFull
Basement developmentUnfinished
Interior featuresBuilt-in Features,Kitchen Island,No Smoking Home,Storage
AppliancesDishwasher,Garage Control(s),Refrigerator,Stove(s),Window Coverings
InclusionsN/A
LaundryLaundry Room
Lot size124146.00 sqft
Frontage360 ft
Lot featuresLandscaped,Private,Rectangular Lot,Treed
Exterior featuresPrivate Entrance,Private Yard
FencingFenced
PatioNone
Year built1990
Construction materialsWood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresOversized,Triple Garage Attached
Garage spaces3
Parking total12
Annual taxes$9,816
Tax year2025
Possession90 Days / Neg
ZoningA-1
TitleFee Simple
RestrictionsNone Known
Community featuresPlayground,Schools Nearby,Shopping Nearby,Sidewalks,Walking/Bike Paths
List AORCalgary

Location

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Listed by: Century 21 Bravo Realty — Melissa Hammer, Charlotte Hogarth.