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 40×60 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.
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 40×60 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 Details
Price:
$1,100,000
MLS #:
A2231942
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Subtype:
Detached
Listed Date:
Jun 19, 2025
Finished Sq Ft:
1,754
Lot Size:
113,691 sqft / 2.61 acres (approx)
Year Built:
1992
See this Listing
Schools
Interior
Appliances
Bar Fridge, Dishwasher, Microwave Hood Fan, Refrigerator, Stove(s)
Basement
Finished, Full
Bathrooms Full
3
Laundry Features
Laundry Room, Main Level
Exterior
Exterior Features
Fire Pit, Gray Water System, Private Yard, RV Hookup
Lot Features
Back Yard, Brush, Cleared, Few Trees, Flag Lot, Front Yard, Garden, Interior Lot, Irregular Lot, Landscaped, Level, Private, Street Lighting
Outbuildings
Equipment Storage, See Remarks, Loft, Shop, Workshop
Parking Features
Double Garage Attached, Garage Door Opener, Garage Faces Front, Heated Garage, Insulated, Quad or More Detached, RV Garage, RV Gated, Side By Side
Parking Total
5
Patio And Porch Features
Deck, Front Porch, Pergola
Roof
Asphalt Shingle
Sewer
Public Sewer
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Phone Connected, Sewer Connected, Water Connected
Financial
Map
Community
- Address5631 49 Avenue Olds AB
- CityOlds
- CountyMountain View County
- Zip CodeT4H 1G5
Market Summary
Current real estate data for Single Family in Olds as of Oct 08, 2025
45
Single Family Listed
55
Avg DOM
405
Avg $ / SqFt
$611,476
Avg List Price
Property Summary
- 5631 49 Avenue Olds AB is a Single Family for sale in Olds, AB, T4H 1G5. It is listed for $1,100,000 and features 5 beds, 3 baths, and has approximately 1,754 square feet of living space, and was originally constructed in 1992. The current price per square foot is $627. The average price per square foot for Single Family listings in Olds is $405. The average listing price for Single Family in Olds is $611,476. To schedule a showing of MLS#a2231942 at 5631 49 Avenue in Olds, AB, contact your Real Broker agent at 403-903-5395.
Similar Listings Nearby

5631 49 Avenue
Olds, AB