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36142A Highway 2 Service Road S
Rural Red Deer County Rural Red Deer County T4G 1T8

$1,200,000
Agri-Business beds: 3 baths: 3.0 1,089 sq. ft. built: 1988

Main Photo: 36142A Highway 2 Service Road S in Rural Red Deer County: Agriculture for sale : MLS®# A2356346
Photo 1: 36142A Highway 2 Service Road S in Rural Red Deer County: Agriculture for sale : MLS®# A2356346
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Status:
Active
Prop. Type:
Agri-Business
MLS® Num:
A2356346
Bedrooms:
3
Bathrooms:
3
Year Built:
1988
Opportunities like this don't come around often. 28.76 acres of AG-zoned land in Red Deer County fully equipped and ready for horses, your business, or both, with prime Highway 2 frontage and an easy commute to Red Deer, Penhold, and Innisfail. At the heart of the property sits an impressive 16-stall heated barn spanning 5,000+ SQFT, thoughtfully designed with an office, wash rack, medical room/workshop, laundry and a bathroom. Everything you need to run a professional operation without leaving the property. Train and condition with confidence on the ½-mile banked training track, then turn horses out with ease into fenced paddocks complete with shelters, automatic waterers, and a central round pen. Ground has already been broken to expand paddocks and add further turnout pens. The renovated 1,000+ SQFT bungalow offers comfortable, move-in-ready living with updated windows, siding, roofing, paint, and more. The main floor has a bright living space, dining room, and kitchen, along with a 3 piece bathroom, bedroom, and the primary bedroom with a 2 piece ensuite. Downstairs, you’ll find a large family space, the start of a kitchenette area, two more bedrooms, and a large laundry space and bathroom. Step outside to a stunning backyard retreat featuring mature trees, a beautiful garden, and plenty of room to expand or create. This property delivers rare infrastructure, highway visibility, and a location that keeps you close to everything. AG zoning allows the flexibility for multiple business ventures, not just equestrians!
Property Type:
Agri-Business
Property Sub Type:
Agriculture
Transaction Type:
For Sale
Possession:
Possession Date:
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
Bungalow
Current Use:
Horses
Major Use Description:
Equestrian
Business Name:
Lambert Racing Stables
Total Living Area:
1,089.16 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
28.8 acre(s)
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Levels:
One
Total Rooms Above Grade:
4
Year built:
1988 (Age: 38)
Bedrooms:
3 (Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms On Main:
1
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:1, Half:2)
Num Ensuite Baths:
1
Plan:
NW HWY
Heating:
Forced Air, Natural Gas
Basement:
Full, Separate/Exterior Entry
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Vinyl
Water Supply:
Private, Well
Sewer:
Septic System
Utilities:
Electricity Connected, Natural Gas Connected
Garage:
No
Parking:
Oversized
House: Refrigerator, Gas Range, Microwave, Dishwasher, Window Coverings, Washer, Dryer, Electric Range. Barn: Overhead Heaters, Garage Door Openers, Stalls, Barn Mats, Washer, Dryer. Fencing, Gates, Auto Waterers, x4 Livestock Shelters, Freestanding Panels (Negotiable).
Utility Right Of Way
Floor
Type
Size
Other
Main Floor
Living Room
18'5" × 12'4"
Main Floor
Dining Room
12'4" × 8'
Main Floor
Kitchen
12'10" × 12'4"
Main Floor
Bedroom
12'4" × 10'7"
Basement
Family Room
23'3" × 22'10"
Basement
Bedroom
18'5" × 9'
Basement
Bedroom
12'3" × 10'9"
Floor
Ensuite
Pieces
Other
Main Floor
No
3
5'11" x 7'2"
Main Floor
Yes
2
11' x 14'2"
Basement
No
2
12'3" x 9'11"
Title to Land:
Fee Simple
Interior Features:
No Smoking Home, Separate Entrance, Vinyl Windows
Exterior Features:
Fire Pit, Garden, Private Yard, Storage
Lot Features:
Fruit Trees/Shrub(s), Garden, Landscaped, Pasture
Access To Property:
Gravel Road
Num. of Parcels:
0
Outbuildings:
Barn
Fencing:
Cross Fenced, Fenced
Nearest Town:
Penhold
Region:
Red Deer County
Zoning:
AG
Listed Date:
Nov 03, 2026
Days on Mkt:
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Larger map options:
Listed by Century 21 Maximum
Data was last updated November 5, 2026 at 04:05 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$1,375,000
Min list price:
$1,050,000
Max list price:
$3,999,000
Avg days on market:
109
Min days on market:
2
Max days on market:
1,228
Avg price per sq.ft.:
$1,050.14
These statistics are generated based on the current listing's property type and located in Rural Red Deer County. Average values are derived using median calculations. This data is not produced by the MLS® system.
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Olds Alberta Information

Olds (/o?ldz/ OHLDZ) is a town in central Alberta, Canada within Mountain View County and the Calgary–Edmonton Corridor. It is approximately 61 km (38 mi) south of Red Deer and 90 km (56 mi) north of Calgary. The nearest towns are Didsbury to the south, Bowden to the north, Sundre to the west and Three Hills to the east. Olds is located at the intersection of Highway 27 and Highway 2A, 5 km (3.1 mi) west of the Queen Elizabeth II Highway. The Canadian Pacific Kansas City’s main Edmonton-Calgary line runs through the town. _x000D_ Olds lies within the Grasslands Natural Region of Alberta. Downtown Olds is about 1,041 m (3,415 ft) above sea level. In 2011, the town covered a land area of 14.87 km2 (5.74 sq mi). _x000D_ Olds has a humid continental climate (Köppen climate classification Dfb) and falls into the Natural Resources Canada (NRC) Plant Hardiness Zone 3b. The average temperature is around 11.5 °C (52.7 °F) in late July to ?10.1 °C (13.8 °F) in mid-January. _x000D_ Winters are cold with temperatures often dropping to or below ?30 °C (?22 °F). These are broken up from the dry Chinook winds from the mountains. _x000D_ Summers can be hot with temperatures reaching up to 30 °C (86 °F). _x000D_ Olds has various species living in and around it including poplar trees and various wild grasses. Olds is an agriculture based town, so a large portion of the flora grown are crops of canola (Brassica juncea subsp. juncea) and barley (Hordeum vulgare). _x000D_ The majority of fauna consists of livestock like cattle, and poultry. Many surrounding farms keep horses and/or donkeys. _x000D_ The town of Olds is surrounded by residential neighbourhoods with various styles of housing. There are several mobile home parks throughout the town. _x000D_ Olds has its own fibre optic Internet Service Provider called O-Net that provides gigabit speeds to its residents and businesses. The service cost the town about $21,000,000 to install. Olds has a big-box retail centre which opened in 2008. It features a Walmart, Canadian Tire, Home Hardware and other major retailers. _x000D_ In the 2021 Census of Population conducted by Statistics Canada, the Town of Olds had a population of 9,209 living in 3,810 of its 4,096 total private dwellings, a change of 0.3% from its 2016 population of 9,184. With a land area of 14.92 km2 (5.76 sq mi), it had a population density of 617.2/km2 (1,598.6/sq mi) in 2021. _x000D_ In the 2016 Census of Population conducted by Statistics Canada, the Town of Olds recorded a population of 9,184 living in 3,698 of its 3,942 total private dwellings, a change of 11.5% from its 2011 population of 8,235. With a land area of 14.93 km2 (5.76 sq mi), it had a population density of 615.1/km2 (1,593.2/sq mi) in 2016. _x000D_ The population of the Town of Olds according to its 2014 municipal census is 8,617, a change of 1.2% from its 2013 municipal census population of 8,511. _x000D_ Olds has four schools: École Olds Elementary School, École Deer Meadow School, Olds High School, and Holy Trinity Catholic School. Three schools in the area are part of the Chinook’s Edge School Division No. 73 _x000D_ École Olds Elementary Schoolis an elementary school containing kindergarten to grade 4. The school contains a small gymnasium with a rock climbing wall. The gym previously doubled as the gymnastics centre for the gymnastics club, which is now located along 25th Ave. _x000D_ École Deer Meadow School is a junior high school containing grades 5–8. There is a slightly larger gym as well as a music room for the students beginning in the band programs. _x000D_ Olds High School is a junior/senior high school containing grades 9–12. The school has a gymnasium and fitness centre and a fine arts theatre and is part of the Olds College Campus. The school has a variety of educational programs such as sports, band, shop, drama and stained glass program. _x000D_ Olds is also home to Olds College of Agriculture & Technology, noted for its agriculture technology programs. _x000D_ Olds is home to many sports teams such as the Olds Grizzlys Alberta Junior Hockey League (AJHL), located at the Olds Sports Complex. Olds College Broncos part of the Alberta Colleges Athletics Conference, Olds Rapids Swim Club Located at the Olds Aquatic Centre. And many sporting events such as the Hay City Slam Skate Comp held every summer at the Olds Skate Park. _x000D_ Home to two golf courses: Olds Central Highlands 23 hole course, 3 mi (4.8 km) east of Olds, off Highway 27 as well as the brand new 9 Hole Trail Creek Golf course located 7 km (4.3 mi) west of Olds, off Highway 27 that opened in July 2015 _x000D_ The Olds Gymnastics Club has recently migrated from their previous home in the Elementary School to a new building located along 25th Avenue. The building was formerly a Sears Canada building. _x000D_ Olds houses the 185 Olds Royal Canadian Air Cadets Squadron. The building was formerly the Olds recreation centre and is now rendered to the squadron. The building is also rented out by many local dance and church programs. _x000D_ _x000D_ Source: https://en.wikipedia.org/wiki/Olds,_Alberta

Olds Alberta Area Farm MLS®

Welcome to our Olds Alberta Farm MLS® Search page, where you can explore a diverse selection of Farm MLS® listings.

www.FarmForSale.ca is produced by Steve LeBlanc, an experienced Farm and Commercial Realtor®, The search pre-set includes Farm listings within a 100 km radius of Olds Alberta, each listing provides detailed insights into the Olds Alberta area.

Whether looking for Farms, Ranch, Land, Commercial or Residential, you will find valuable information about the local community, amenities, and market trends. Our advanced search filters allow you to easily refine your search by location, property type, price range, and more, while interactive maps help you visualize property locations and explore surrounding areas.

Each listing includes comprehensive details, high-quality photos, and key features to assist you in making informed decisions. Additionally, Steve LeBlanc offers insights into the Olds Alberta area real estate market, community highlights, and essential amenities, helping you understand each property’s unique characteristics.

Steve LeBlanc’s years of experience in Farm and Commercial real estate ensure you receive knowledgeable and personalized assistance throughout your buying or selling journey.

Welcome to www.FarmForSale.ca

Steve LeBlanc

Farm | Ranch | Land | Commercial
Alberta & Saskatchewan

Licensed Realtor® | Associate
Marcel LeBlanc Real Estate Inc.

Contact
Phone: 403-391-6447
Email: steve@leblancrealty.ca
Website: www.FarmForSale.ca

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