LEASE BACK OPPORTUNITY! This stunning newly built bungalow in beautiful Cimarron Estates offers a unique investment opportunity, as it will be leased back for one year at a competitive rate, providing immediate rental income for the new owner while they're ensuring they get to purchase this beautiful show home! Situated on a large pie-shaped lot that spans over 11,000 square feet, this home features 1,740 sq. ft. on the main level plus a fully developed 1,136 sq. ft. walkout basement, designed with modern elegance and functionality in mind. The open-concept living space boasts vaulted ceilings in the great room, oversized windows, and a beautiful gas fireplace, creating a bright and inviting atmosphere with plenty of natural light all day long. The upgraded gourmet kitchen includes quartz countertops, stainless steel appliances, a walk-in pantry, and custom cabinetry. This is the perfect space for entertaining with ample room to host larger groups. A flex room on the main floor provides versatility for a home office or additional seating area. The spacious primary suite offers a luxurious 5pc ensuite complete with a soaker tub, walk-in shower, dual sinks and private water closet - in addition to its walk-in closet. The mudroom with laundry adds convenience for daily living with everything you need on the main level. The fully finished walkout basement features an electric fireplace and additional living space, ideal for relaxation or gatherings as well as two additional bedrooms and another 5 pc bathroom. Outdoor enjoyment is easy with a large rear deck overlooking the yard. Completing this home is a side-drive triple-car garage, providing ample parking and storage. With 8’ interior doors, premium finishes, and a well-designed layout, this home blends style and practicality. Don’t miss this exceptional lease-back opportunity—own a brand-new home in Cimarron Estates with guaranteed rental income for one year! Possession of this gorgeous home will be at the end of May 2025. Contact today for details.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,740 sq. ft.162 m2
Main Level Finished Area:
1,740 sq. ft.162 m2
Below Grade Finished Area:
1,136 sq. ft.106 m2
HOA Fee Frequency:
Annually
Lot Area:
11,269 sq. ft.1,047 m2
Lot Frontage:
31'1"9.47 m
Front Exposure:
West
Levels:
One
Total Rooms Above Grade:
3
Year built:
2025
(Age: 0)
Bedrooms:
3
(Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
2
Bathrooms:
3.0
(Full:2, Half:1)
Plan:
0
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
Yes
Construction Material:
Cement Fiber Board, Stone, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile
Cooling:
None
Fireplaces:
2
Fireplace Details:
Basement, Electric, Gas, Great Room
Garage:
1
Garage Spaces:
3
Parking:
Triple Garage Attached
Parking Places:
6
Parking Total/Covered:
6 /
-
Laundry Features:
Laundry Room, Main Level
HOA Fee:
$1.00
Cimarron Estates
None
Built-In Oven, Dishwasher, Dryer, Gas Cooktop, Microwave, Range Hood, Washer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Great Room
16'4.88 m × 15'4.57 m
Main Floor
Dining Room
15'4.57 m × 10'10"3.30 m
Main Floor
Flex Space
11'11"3.63 m × 10'6"3.20 m
Main Floor
Bedroom - Primary
15'4.57 m × 14'8"4.47 m
Basement
Game Room
15'3"4.65 m × 14'10"4.52 m
Basement
Game Room
19'9"6.02 m × 15'4.57 m
Basement
Bedroom
14'4.27 m × 12'5"3.78 m
Basement
Bedroom
11'3"3.43 m × 9'1"2.77 m
Floor
Ensuite
Pieces
Other
Main Floor
No
2
Main Floor
Yes
5
0' x 0'
Basement
No
5
Title to Land:
Fee Simple
Community Features:
Park, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Double Vanity, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Quartz Counters, Storage, Vinyl Windows, Walk-In Closet(s)
Data was last updated March 14, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
85
Avg list price:
$715,900
Min list price:
$170,000
Max list price:
$2,485,000
Avg days on market:
17
Min days on market:
1
Max days on market:
192
Avg price per sq.ft.:
$405.02
These statistics are generated based on the current listing's property type
and located in
Okotoks. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.