Diane Richardson

 

Office Location:
703 64 Ave SE #130,
Calgary, AB T2H 2C3, 


Diane Richardson 

Cell: 403.397.3706

 

403-397-3706 E-Mail Me Now

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5631 49 Avenue
NONE Olds T4H 1G5

$1,100,000
Residential beds: 5 baths: 3.0 1,755 sq. ft. built: 1992

Main Photo: 5631 49 Avenue: Olds Detached for sale : MLS®# A2231942
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2231942
Bedrooms:
5
Bathrooms:
3
Year Built:
1992
Tucked away on a spacious 2.61-acre lot within the Town of Olds, this unique property offers the privacy and freedom of country living—without giving up town services. With mature trees, a well-laid-out bungalow, and an incredible 2,496 sq.ft. (40' x 60') heated shop with an addition, this property is ideal for families, hobbyists, or anyone needing space for projects or equipment. The 1,755 sq.ft. bungalow, built in 1992, features 5 bedrooms and 3 full bathrooms, including a spacious primary suite with large closets and a 5-piece ensuite. Numerous recent updates—including new windows, updated shingles, and brand-new garage doors—offer peace of mind and curb appeal. Inside, the main level welcomes you with a sunken living room and a central kitchen outfitted with solid oak cabinetry, a large pantry, Corian countertops, and an appliance garage. A breakfast bar and cozy dining area flow into the family room with built-in shelving and a natural gas fireplace. A 4-piece bathroom, laundry area, and two additional bedrooms complete the main floor. The fully finished basement was designed for entertaining: a wet bar, games area, family room with wood stove and built-in TV center, two more large bedrooms, and another full bathroom offer plenty of space for gatherings and guests. The home is serviced by a boiler system with in-floor heat, a forced air furnace and a newer hot water tank. Step outside to your private 1.06-acre yard, surrounded by trees and fully fenced with a secure gate. The covered front porch and southeast-facing Duradeck rear deck (complete with a hot tub*) offer plenty of outdoor space to relax. Apple, plum, and lilac trees add a charming touch. At the back of the property sits a massive 40x60 heated shop, perfectly positioned on a flat, open 1.55-acre section of the lot. Three 12' wide x 14' tall overhead doors provide access, including one extended 48' bay for RV or camper storage. Inside, you'll find a concrete floor with a large sump drain, its own 100-amp service, 220V welder plug, multiple outlets, and a 16'x40' mezzanine. Below the mezzanine, a rear bay with in-floor heat and a smaller overhead door creates the perfect space for a man cave, garden tools, or a project car you’d rather keep dust-free. This hidden gem offers quiet living with pavement right to the door, tons of parking, security cameras throughout, and the freedom to run a home-based business—all within town limits and fully connected to municipal water and sewer. It’s a rare opportunity to enjoy the space of an acreage and the convenience of town living.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Acreage with Residence, Bungalow
Total Living Area:
1,754.99 sq. ft.
Main Level Finished Area:
1,754.99 sq. ft.
Below Grade Finished Area:
1,811.76 sq. ft.
Acreage:
Yes
Lot Area:
2.61 acre(s)
Lot Frontage:
147'6⅛"
Front Exposure:
West
Levels:
One
Total Rooms Above Grade:
8
Year built:
1992 (Age: 33)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
9912044
Electricity:
100 Amp Service, Single Phase
Heating:
Fireplace(s), Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Manufactured Floor Joist, Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
2
Fireplace Details:
Brass, Factory Built, Family Room, Gas, Glass Doors, Insert, Living Room, Mantle, Raised Hearth, Sealed Combustion, Wood Burning Stove
Water Supply:
Public
Sewer:
Public Sewer
Utilities:
Cable Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Phone Connected, Sewer Connected, Water Connected
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Attached, Garage Door Opener, Garage Faces Front, Heated Garage, Insulated, Quad or More Detached, RV Garage, RV Gated, Side By Side
Parking Places:
5
Parking Total/Covered:
5 / -
Laundry Features:
Laundry Room, Main Level
NONE
Bar Fridge, Dishwasher, Microwave Hood Fan, Refrigerator, Stove(s)
Hot Tub (Winterized as is), Pool Table negotiable, Ping Pong table negotitable, Security System Negotiatable
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
13'3" × 9'11"
Main Floor
Bedroom
13'3" × 10'
Main Floor
Dining Room
15'3" × 10'7"
Main Floor
Foyer
7'10" × 6'4"
Main Floor
Kitchen
13'7" × 12'4"
Main Floor
Laundry
13'8" × 9'2"
Main Floor
Living Room
17' × 14'9"
Main Floor
Living Room
14'3" × 12'9"
Main Floor
Bedroom - Primary
12'5" × 11'11"
Basement
Other
17'4" × 10'3"
Basement
Bedroom
15'5" × 10'11"
Basement
Bedroom
15'2" × 14'8"
Basement
Game Room
41'1" × 24'6"
Basement
Furnace/Utility Room
13'10" × 7'
Floor
Ensuite
Pieces
Other
Main Floor
No
4
0' x 0'
Main Floor
Yes
5
0' x 0'
Basement
No
3
0' x 0'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Breakfast Bar, Built-in Features, Ceiling Fan(s), Central Vacuum, Closet Organizers, Double Vanity, Jetted Tub, Natural Woodwork, No Animal Home, No Smoking Home, Pantry, Recessed Lighting, Skylight(s), Storage, Sump Pump(s), Suspended Ceiling, Vinyl Windows, Wet Bar
Exterior Features:
Fire Pit, Gray Water System, Private Yard, RV Hookup
Patio And Porch Features:
Deck, Front Porch, Pergola
Lot Features:
Back Yard, Brush, Cleared, Few Trees, Flag Lot, Front Yard, Garden, Interior Lot, Irregular Lot, Landscaped, Level, Private, Street Lighting
Num. of Parcels:
0
Outbuildings:
Equipment Storage, See Remarks, Loft, Shop, Workshop
Fencing:
Fenced
Nearest Town:
Olds
Region:
Mountain View County
Zoning:
R5
Listed Date:
Jun 18, 2025
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Virtual Tour

Listed by CIR Realty
Data was last updated November 4, 2025 at 06:05 AM (UTC)
Area Statistics
Listings on market:
45
Avg list price:
$599,900
Min list price:
$155,000
Max list price:
$1,185,000
Avg days on market:
49
Min days on market:
3
Max days on market:
138
Avg price per sq.ft.:
$407.93
These statistics are generated based on the current listing's property type and located in Olds. Average values are derived using median calculations. This data is not produced by the MLS® system.
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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.