Property Description

This remarkable nearly 72-acre parcel is not just a piece of land; it's a golden opportunity for future development and a strategic investment. With Leduc poised to annex up to 38 quarter-sections, this area is on the brink of explosive growth, making your investment highly advantageous. Located just south of Edmonton, the city’s planned expansion will integrate nearly 2,500 hectares of rural land, setting the stage for substantial residential development. At the center of this property is a stunning bungalow, originally built for $13 million, featuring a spacious 21-car garage perfect for any automobile collector. Imagine developing this land and effectively recouping your original investment, paving the way for luxury country residential estate homes that complement the existing home and  making that luxurious home virtually free. Whether you choose to develop or enjoy this private oasis, this is an extraordinary offering. (id:7434)