Think beyond equestrian, this unique 3.4-acre parcel offers space, privacy and incredible potential for a variety of lifestyles, all while remaining within Red Deer city limits and just minutes from everyday amenities. Currently set up as an equestrian property, the acreage features an impressive 100’ x 48’ indoor riding arena, 6 paddocks, 4 horse shelters, a hay shed and approximately 2 acres of secure fencing. Keep the setup exactly as it is and enjoy year-round riding, or think outside the box. Sell or repurpose the fencing and shelters and explore the potential to convert the massive arena into a shop, indoor storage, recreational space or something entirely your own. With City of Red Deer A1 zoning, this property offers flexibility and potential for a variety of uses, subject to City approval. The fully finished 5-bedroom, 2-bathroom bungalow offers nearly 2,700 sq. ft. of finished living space across both levels, with 3 bedrooms and a beautifully renovated 4-piece bathroom on the main floor, plus 2 additional bedrooms and a second 4-piece bathroom downstairs. The updated kitchen features granite countertops, a new double sink and updated taps, along with new laminate flooring. The main bathroom has also been refreshed with a tiled shower, new vanity and new toilet. Extensive improvements have been completed over the past three years, including a new furnace, hot water tank, updated plumbing and electrical, new shingles on both the house and detached garage, fresh concrete in front of the garage and beneath the hay shed, a new backyard fence and numerous other upgrades. Outside, mature trees, perennial gardens and an apple tree create a private, park-like setting, while the newly fenced backyard provides a great space for kids and pets. A teardrop driveway adds convenience and provides easy access throughout the property. Located just minutes from River Bend Golf & Recreation Area and Clearview Market Square, with municipal garbage collection, you can enjoy acreage space and privacy without giving up the conveniences of city living. Horse property, hobby acreage, massive shop potential, indoor storage or simply room to spread out. This is a rare opportunity to own 3.4 acres within Red Deer and make it work for YOUR lifestyle.
Backs on to Park/Green Space, Creek/River/Stream/Pond, Gentle Sloping, Greenbelt, Lawn, Many Trees, No Neighbours Behind, Open Lot, Pasture, Treed, Yard Lights
Data was last updated September 13, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
401
Avg list price:
$434,900
Min list price:
$39,900
Max list price:
$4,200,000
Avg days on market:
29
Min days on market:
1
Max days on market:
382
Avg price per sq.ft.:
$344.47
These statistics are generated based on the current listing's property type
and located in
Red Deer. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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