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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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Listed by Century 21 Maximum
Data was last updated November 4, 2026 at 08:05 AM (UTC)
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