$1,500,000.00 240.00 acre

9660 88 Street, High Level. T0H 1Z0

Description

The "best kept secret" in Northern Alberta!!! The Mihaly Family Farm with rich soil, that once grew Foundation Seed, is now available for another family to carry on it's legacy. The potential of this land is enormous and future options are endless as a farm, rural bed & breakfast, commercial development or for residential housing and what about recreation with a river valley trail system for anything from ATVs, Snowmobiles to Cross-County Skiing. All this and only one kilometre from downtown High Level. The listing offers 240 acres for sale within and adjacent to the Town of High Level. The town is located in Northern Alberta on Hwy 35, 2 hrs south of the Northwest Territories border & 8 hrs north of Edmonton, with a population of approximately 3,600 people. Incorporated in 1965, High Level is a young, growing community with a large family demographic and an average age of 28 years old. The economic drivers include: oil and gas, forestry, agriculture and the service industries. This property is available to purchase as one parcel for $1.5 million or in three separate parcels at a pricing model of $750,000, $250,000 and $500,000 respectively. The land was last used to grow Foundation Seed. Creek and river ravines are 10 to 25 feet in depth, providing a three km ravine view for potential scenic housing lots. It is the last remaining well-drained land of significant size within the Town's boundaries, suitable for various types of development. Municipal water and sewer border the property. Between farming, residential, commercial and industrial development, the ravines and forested areas, the potential for development on this property is endless. Parcel #1 - When was the last time you heard that there were 135 acres of developable land available within a municipality? Not only is the land within the Town of High Level limits, there is already road access to the property line, a 40’ plus deep lift station, fire hydrant, along with a 25’ deep ravine winding through the property. There is no evidence of significant ground water and the sloping of the land would require no sub surface drainage. All that is needed is someone to develop this amazing property. It’s yours for $750,000! Parcel #2 - 80 acres located in Mackenzie County with a "Right of First Refusal" caveat registered on the adjacent lagoon site. The lagoon is 40 years old, undersized and will need to be replaced at some point in the near future. Approximately 1/3 of this portion of land is available for serviced country residential development as well. Asking price is $250,000 Parcel #3 - 25 fully serviced acres including an older four bedroom home and large heated shop. Garden plots, perennial gardens and landscaping create a truly beautiful yard site. It’s your piece of paradise for only $500,000 For a remarkable view of the property go to following link or paste in your browser for the drone footage….https://drive.google.com/drive/folders/1DpVRzOdh0Co3eb8bP7oz18sKqNU9ODeZ?usp=sharing

Listing Information

Prop. Type:Land
Status:Active
MLS #:A1157627
City:High Level
Neighbourhood:NONE
Province:Alberta
Building/Unit Size: 0 sq.ft
Land Size:240.00 Acre
Listing Price:$1,500,000.00
Lease Rate:$0.00
Business Type:
Property Subtype:Commercial Land
Transaction Type:For Sale
Land Use Code:Farmland, Rural Residenti
Listing Contract Date:2021-11-12

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "Century 21 Prime Realty (2002) Ltd." listing brokerage.

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