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123 East Coulee Avenue: Rural Wheatland County Commercial Land for sale : MLS®# A2192316

123 East Coulee Avenue Rural Wheatland County T0J 1B0 : Rural Wheatland County

Main Photo: 123 East Coulee Avenue: Rural Wheatland County Commercial Land for sale : MLS®# A2192316banner
$6,900,000
Prop. Type:
Land
MLS® Num:
A2192316
Status:
Active
Proud to present Monarch Resort Development ("the Property"), a 640-acre site spanning two counties with stunning views and waterfront access to the Red Deer River. This rare offering provides a unique investment opportunity, perfect for recreational, hospitality, or residential development. Located just outside Drumheller, Alberta, and 2 hours from Calgary, the property lies in a thriving tourism hotspot, making it an ideal retreat for both local and out-of-town visitors. The site sits in Alberta's Canadian Badlands, offering dramatic topography and immense redevelopment potential. Currently zoned for agriculture, the property is already being used for outdoor concerts and transient camping. The true value lies in its vast development opportunities, with limitless potential for various ventures. DYNAMIC REMOTE LANDSCAPE & EPIC VIEWS The property is a sanctuary of solitude, free from noise and light pollution, providing visitors with unspoiled soundscapes. The clear skies offer an excellent canvas for stargazing, with the Milky Way and constellations on vivid display. The northern horizon also offers a stunning view of the Northern Lights, creating a breathtaking and restorative atmosphere. ALBERTA TOURISM HOTSPOT Drumheller, known as the "Dinosaur Capital of the World," is a must-visit destination in Alberta. The area boasts the Royal Tyrrell Museum and captivating badlands scenery, offering outdoor activities like camping and hiking. Visitors can explore iconic rock formations like the Hoodoos. Drumheller is easily accessible, just a short drive from Calgary, making it an ideal tourism hub with rich history, outdoor adventures, and family-friendly attractions. UNLIMITED RECREATIONAL ACTIVITIES Drumheller offers a range of outdoor activities, blending nature with cultural events. Visitors can camp under the stars, attend summer concerts, hike scenic trails, and enjoy local performances. This dynamic destination provides year-round recreational opportunities for all types of visitors. VALUE ADD AND DEVELOPMENT POTENTIAL This property offers exceptional opportunities for transformation. It could become a premier destination for adventure, relaxation, or community living, with options such as seasonal or permanent campgrounds, a resort with modern amenities, or a sustainable tiny home community. The land is perfect for an upscale glamping retreat with geodomes, cabins, and land lease sites. Its serene setting is also ideal for a wellness or spiritual retreat, allowing visitors to disconnect from the modern world. For luxury development, envision a resort featuring plunge pools and outdoor hot tubs to offer an immersive, exclusive experience. HIGHWAY ACCESSIBLE The property is conveniently located with easy access via Highway 10 and Highway 570, connecting the area to major Alberta cities. It is approximately a 1.5-hour drive from Calgary, a 15-minute drive from Drumheller, and a 3-hour drive from Edmonton.
Property Type:
Land
Property Sub Type:
Commercial Land
Condo Type:
Not a Condo
Transaction Type:
For Sale
Lot Area:
Switch units of measure640 acre(s)
Bathrooms:
- (Full:-, Half:-)
Ensuite:
No
Water Supply:
Well
Garage:
0
NONE
N/A
See Remarks
Title to Land:
Fee Simple
Num. of Parcels:
0
Fencing:
None
Nearest Town:
Drumheller
Region:
Wheatland County
Zoning:
Neighborhood, Rural Dev.
Listed Date:
Feb 21, 2025
Listed by RE/MAX First
Data was last updated February 23, 2025 at 08:05 AM (UTC)
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.