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.
Address
243211 Paradise Road
List Price
$6,400,000
Property Type
Land
Type of Dwelling
Residential Land
Transaction Type
Sale
Area
Chestermere
Sub-Area
CHNAC
Lot Size
426452 Sq. Ft.
MLS® Number
A2267442
Listing Brokerage
URBAN-REALTY.ca
Postal Code
T1X 0M9
Zoning
Large Lot Rural Residenti
Site Influences
Lake, Schools Nearby, Shopping Nearby
