Prime 9.79-Acre Development Opportunity, Paradise Road, Chestermere
An exceptional and strategically located 9.79-acre development parcel in the highly desirable North Acreages of Chestermere. This property offers tremendous potential in one of Alberta’s fastest-growing cities, with quick access to Calgary and Highway 1, making it ideal for future residential growth.
Currently zoned LLR, Large Lot Rural Residential, the land permits single detached homes, accessory buildings, and agriculture, with discretionary uses such as child-care facilities, B&B operations, community buildings, and places of worship. A land use redesignation is already underway, proposing:
• R-1 Residential Single Detached: 43 lots
• R-3 Residential Multi-Unit on the adjacent parcel
• Integrated Municipal Reserve (MR), Environmental Reserve (ER), internal roads, and a stormwater management pond
This parcel is development-ready, with substantial due diligence already completed, including:
• Planning & surveying
• Engineering and Transportation Impact Assessment
• Biophysical & geotechnical studies
• Wetland assessment
• Water and wastewater system assessment for servicing connections
The property also features a well-maintained 4-bedroom, 2-bathroom bungalow, outbuildings, a water well, and septic system, allowing interim rental or owner use during the planning phase. The land is flat, fully fenced, east-facing, and offers scenic creek views at the rear.
With strong housing demand and significant municipal growth, this 9.79-acre site presents a rare, high-ROI opportunity for developers and investors looking to secure a prime piece of Chestermere’s future.More details
9.79 acres Chestermere on the highly in demand Paradise Road. Excellent opportunity for Developers and Investors. 1 minute away from Chestermere lake and the commercial sector. Fastest growing community in Alberta and the property is located right off TransCanada Highway on the sought after Paradise Road. The City of Chestermere has approved these lands for future development. The lands can be subdivided, high density Residential, Condos/Apartments and also approved for commercial district uses. Property Comes with an older Renovated bungalow home with current rental income. Brand new water system, pump, main water pipe, cistern tanks and upgraded septic system. New upgraded electrical and plumbing throughout the home. The entire bungalow is surrounded by trees. Mostly land value for the property. This is the Gold Standard of Opportunities to own approved developable lands in the heart of Chestermere.More details
Data was last updated December 12, 2025 at 06:05 PM (UTC)
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