Detached Active

23 Lake Ridge

Olds, AB · T4H 1W6

$860,000CADPrice reduced $19,900 (was $879,900)
  • 5Bedrooms
  • 3Bathrooms
  • 1726Sq Feet
  • Double Garage AttachedGarage
  • 2002Year Built

About this home

Experience executive living in this spacious 5-bedroom walk-out bungalow, offering 1,726 sq. ft. on the main floor and exceptional space for both entertaining and everyday comfort. Perfectly positioned backing onto the lake, this home combines stunning views and endless potential to make it your own. From the moment you step inside, the grand front entrance with soaring ceilings creates an impressive first impression. The bright open-concept main living area is filled with natural light and showcases beautiful lake views through the large bay window. Cherry wood cabinetry, granite countertops, a large island, built-in oven and microwave, and countertop stove make the kitchen both functional and inviting — ideal for hosting family and friends. Cozy gas fireplaces in the living room and primary suite add warmth and charm throughout the home. The primary bedroom features a walk-in closet and a ensuite complete with a deep soaker tub and oversized shower. Two good sized secondary bedrooms, a 4-piece bathroom, and convenient main-floor laundry with garage access complete the main level. The fully developed walk-out basement with in-floor heating is designed for entertaining and relaxed family living. Enjoy a cozy soapstone wood-burning stove, custom cherry built-ins, and a fully equipped wet bar with dishwasher and space for a full-size fridge. This level also offers a large recreation and media area, two additional bedrooms, a 4-piece bathroom, and plenty of storage space. Step outside and enjoy peaceful lakefront living from the large 38' x 11'6 upper deck with gas BBQ hookup or unwind in the private hot tub tucked beneath the deck while taking in the serene lake views. The landscaped yard features underground sprinklers (current owners have not used so can not guarantee they are functional) and a covered patio area, creating the perfect outdoor retreat to enjoy year-round. A rare opportunity to own a spacious bungalow with incredible bones, breathtaking views, and the chance to add your own modern touches in an unbeatable location.

Highlights

  • Ample Storage
  • Backs Onto Greenspace
  • Bbq Gas Line
  • Bungalow
  • Deck
  • Ensuite
  • Fireplace
  • Gas Fireplace
  • Granite Countertops
  • Hardwood Floors
  • In Floor Heating
  • Lake View
  • Main Floor Laundry
  • Natural Light
  • Patio
  • Soaker Tub
  • Walk In Closet
  • Walkout Basement

What's nearby

  • Park
  • Playground
  • Rec Centre

Property facts

Interior

Bedrooms
5
Bathrooms
3
Square Feet
1,726
Flooring
Carpet, Hardwood, Linoleum
Basement
Full · Finished
Heating
In Floor, Forced Air
Cooling
None

Building

Property Type
Detached
Structure
House
Style
Bungalow
Year Built
2002
Garage
Double Garage Attached

Lot & Zoning

Lot Size
0.20
Zoning
R1

Condo & Fees

Restrictions
Easement Registered On Title, Restrictive Covenant-Building Design/Size, Utility Right Of Way

Location

Community
NONE
City
Olds
Postal Code
T4H 1W6

Listing

MLS® Number
A2314795
Days on Market
39
Price per Sq Ft
$498/sqft
Taxes
$6,466 (2026)

Location

23 Lake Ridge, Olds, AB · T4H 1W6