10, 26527 Hwy 11
83.39 acres of development potential nestled between the Herder and Westview/Stoneridge Subdivisions just 1/2 mile east of the Red Deer City limits. Included is a building site at the end of the cul-de-sac in Stoneridge Estates that offers an unobstructed view of the City of Red Deer and the surrounding country side. This is your opportunity to build your dream home overlooking the city with your playground below - pasture horses, build a barn, ride your quads or snow machines or just enjoy the open space. The property is zoned AG but identified in the Divide Hills Area Structure Plan as potential multi-lot Country Residential. There were extensive transportation, utility, groundwater, geotechnical, and storm water studies completed in the early 2000's that supported a residential development as identified in the Boschman/Rypstra Outline Plan completed in 2006. The majority of the land is currently in hay crop that yields about $2,000/year revenue. There is also an active sweet gas well site on the property that covers 5.56 acres and generates $6,000/year in surface lease revenue.