20 Lake Ridge
Olds, Alberta T4H1W6

1 bed · 3 baths · 2217 sqft

Welcome to this fully finished custom built BUNGALOW located in a prestigious area of Olds near Winter Lake, walking trails, 22 acre natural reserve area, middle and Catholic schools. Situated on a large landscaped yard, the EXECUTIVE house and property with its open layout, multitude of features inside and out make this a wonderful home for entertaining and a fabulous home for anyone living in town. Offering four bedrooms, 2.5 baths & over 4400 sq. ft. of total living space, this property has something for everyone. Once inside the ELEGANT front foyer, with granite tile floor, you will immediately appreciate how open the floor plan is. The main floor boasts a CHEF’s DREAM KITCHEN with a separate prep island and vegetable sink, breakfast bar, large eating area, granite countertops and backsplash, ample cupboards , large walk-in pantry, 2 dishwashers, double built-in wall oven and a gas countertop stove. Off the front entrance you find the wonderful formal dining room. Stunning GREAT ROOM with Brazilian hardwood flooring, large windows and a stone faced gas fireplace. ALL opening onto a FANTASTIC REAR COVERED DECK boasting built-in hot tub (can be accessed from Primary Bedroom as well), gas fireplace, and built-in Stainless steel BBQ w/granite countertop. Main floor also has a PRIMARY BEDROOM with 4 piece ensuite, huge walk-in closet and electric fireplace, an office, 2 piece main bathroom, large mudroom and laundry area w/laundry sink leading to the TRIPLE ATTACHED GARAGE with mezzanine. Spiral staircase with wrought iron spindles lead you down into the FULLY DEVELOPED BASEMENT with a theater room complete with all electronics, family room, MASSIVE wet bar with bar fridge and dishwasher, three more large bedrooms and another full bath. The basement has seen some newer paint, newer flooring and newer backsplash in the bathroom. The basement and garage have in-floor heat and the house has A/C for those sweltering hot days. The private, beautifully landscaped yard boas ts mature trees, a front water fountain, underground sprinklers, firepit, concrete curbing throughout, stamped concrete driveway, RV PARKING with sewer hook-up and 30 amp power, and a 25’ x 27’ DOUBLE HEATED DETACHED GARAGE. Other nice features include CONCRETE TILE ROOF, 10’ ceilings, flush mounted speakers and solid oak doors throughout, and gemstone lighting. With wonderful curb appeal, this property is truly amazing and must be seen... the layout is super functional and everything points to PRIDE OF OWNERSHIP. Get into this exclusive area by Winter Lake while you can! (id:39198)

Facts & Features

Building Type House, Detached

Year built 2000

Square Footage 2217 sqft

Stories 1

Bedrooms 1

Bathrooms 3

Parking 8

Neighbourhood

Land size 1045.15 m2|10,890 - 21,799 sqft (1/4 - 1/2 ac)

Heating type Forced air, Hot Water, In Floor Heating

Basement typeFull (Finished)

Parking Type

Time on REALTOR.ca13 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: Widmer Realty Ltd.

Powered by: REALTOR.ca

Home price

$1,250,000

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$11,371 / month

Rent $10,055

Savings $1,315

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$10,021 / month

Rent $9,747

Savings $274

Initial deposit 5%

Savings target Fixed at 5%