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Home Communities East Coulee 235 5 Street
$384,900 Active
235 5 Street · Drumheller · T0J 0Y4
2 bd 1.0 ba 1,246 sqft $309/sqft Built 1949
MLS® A2323935 · Listed Jun 22, 2026
Listed by Keller Williams BOLD Realty — Sheila Morrison
By the numbers

How this listing measures up

$/sqft $309
vs East Coulee median +26% community avg $306K
Sqft per bedroom 623
Year built 1949
Annual taxes $2,624 2026
Garage 1 space

About this property

Now ready for comfortable **four-season living** This character-filled East Coulee property has undergone significant upgrades including a **brand-new high-velocity hydronic forced-air heating system**powered by a **Vesta tankless combination boiler rated at approximately 95% efficiency**. The system provides efficient, even heat throughout the home along with continuous INSTANT hot water, making this historic retreat more comfortable and practical than ever before. Adding even more value, the property includes an **additional adjacent lot of approximately 5,000 sq. ft.** creating a combined parcel of more than **10,000 sq. ft.** This is an incredible opportunity for buyers wanting extra outdoor space for gardening, recreation, RV parking, a workshop, or simply room to enjoy the peaceful Badlands setting. Originally built in 1946, this charming **1,246 sq. ft. two-bedroom, one-bathroom home** has been thoughtfully expanded while preserving its unique character. The spacious, open main floor offers a welcoming gathering space, while the cozy upper loft features its own private deck and **brand-new windows** bringing in more natural light and enhancing year-round comfort. An upgraded tin roof adds durability and timeless appeal and creates a wonderfully soothing atmosphere when the rain falls. Located only half a block from the **Red Deer River** this is an ideal home base for kayaking, canoeing, fishing, birdwatching, hiking, biking, snowshoeing, cross-country skiing, and exploring everything Alberta’s spectacular Dinosaur Valley has to offer. East Coulee provides a rare combination of tranquility, recreation, history, and community. The property is close to the Hoodoos, Atlas Coal Mine, Royal Tyrrell Museum, local trails, community events, and the ongoing Rails to Trails project connecting more of the Drumheller Valley. Whether you are searching for a distinctive full-time home, a four-season recreational escape, or a property offering exceptional outdoor space and future possibilities, this one delivers remarkable value: **Two lots (one VACANT 2 Titles). Over 10,000 sq. ft. of land. Brand-new heating and hot-water systems. New loft windows. River access nearby. Historic character. Four-season comfort.** This isn’t simply a weekend getaway. Your opportunity to own a truly special piece of the Alberta Badlands. Book with your favourite Realtor for a closer look, then come experience the charm, space, and possibilities in person.

Property details

Bedrooms2
Bathrooms1.0
Style1 and Half Storey
HeatingFireplace(s),Natural Gas
CoolingNone
FlooringHardwood,Tile
LevelsOne and One Half
BasementNone
Interior featuresKitchen Island
AppliancesBar Fridge,Built-In Oven,Dishwasher,Dryer,Microwave,Washer,Window Coverings
Inclusionsn/a
LaundryLower Level
Lot size4999.00 sqft
Frontage50 ft
Lot featuresBack Yard,Front Yard,Garden,Landscaped,Level,Many Trees,Rectangular Lot,Treed
Exterior featuresGarden,Private Yard
FencingPartial
PatioBalcony(s),Deck
Year built1949
Construction materialsComposite Siding,Wood Frame
RoofMetal
FoundationNone
Parking featuresParking Pad,RV Access/Parking,Single Garage Detached
Garage spaces1
Parking total3
Annual taxes$2,624
Tax year2026
PossessionImmediate
ZoningND
TitleFee Simple
RestrictionsNone Known
NeighbourhoodEast Coulee
Community featuresFishing,Playground,Street Lights,Tennis Court(s),Walking/Bike Paths
List AORCalgary

Location

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About East Coulee

AI-generated summary

East Coulee is a quiet, rural-flavoured community on Calgary's eastern fringe, offering wide-open spaces and a slower pace of life away from the urban core.

Only 2 active listings, indicating a very low-inventory micro-market
Average list price of $305,700 sits well below Calgary's overall benchmark
Homes are averaging 50 days on market, suggesting a measured pace of buyer activity
Housing
Housing stock is predominantly detached single-family homes, often on larger lots reflecting the community's semi-rural character.
Transit
East Coulee has limited public transit access and is best suited to residents who are comfortable relying on personal vehicles for daily commuting.
Amenities
Residents typically travel to nearby established communities or suburban centres for groceries, schools, and everyday services.
Who lives here
The community tends to attract buyers seeking affordability, privacy, and a quieter lifestyle with easy access to Calgary's eastern corridors.
Full East Coulee community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: Keller Williams BOLD Realty — Sheila Morrison.