Prime Vacant Lot in Prestigious Glenbow – 9,472 Sq Ft of Opportunity! ?? Build your dream home in one of the most sought-after neighborhoods in Drayton Valley! This spacious 9,472 sq ft lot is nestled on the edge of Glenbow, a well-established and prestigious subdivision known for its peaceful charm and community feel. Private and quiet location at the end of the street– perfect for families or those seeking a quiet place for the family. Steps away from top-rated schools, expansive parks, and miles of scenic walking trails too! All services nearby – water, sewer, gas, fibre optics, and electricity close by. A rare opportunity in a mature neighborhood with limited remaining vacant lots. Whether you're a builder, investor, or future homeowner, this is your chance to secure a premium piece of land in a location that offers both natural beauty and urban convenience. Location: Glenbow Subdivision – a community known for its peace and quiet, friendly neighbors, and beautiful homes.More details
Courtesy of John J Dempster of RE/MAX Vision Realty
Discover an exceptional opportunity in Meraw Estates with this prime DOUBLE LOT backing onto green space and scenic walking trails! Zoned for duplex or semi detached as well as single detached homes, this parcel offers flexibility for a variety of residential builds. Located in a growing area with new homes under construction on the same street, the momentum and demand are clear. These North facing lots feature secure chain link fencing along the rear and sit on a quiet street with newer homes and no through traffic. Build in alignment with Meraw Estates architectural guidelines and create sustainable attractive homes in this vibrant expanding community. *All outlines on drone photos are approximate.More details
Courtesy of Danette E Kohut of Century 21 Hi-Point Realty Ltd
Welcome to Meraw Estates in Drayton Valley AB where an exceptional WALKOUT LOT opportunity awaits! Located in one of the most desirable neighborhoods in town this West facing lot offers convenient access to schools the hospital and scenic paved walking trails surrounded by lush green space and peaceful ponds. If you are searching for the perfect location to design and build your dream home this property deserves your attention! Whether you are an experienced builder or planning a custom home tailored to your vision, Meraw Estates provides architectural guidelines that support quality construction, cohesive design and lasting value. With a focus on sustainability, curb appeal and a thoughtfully planned community, this is a rare opportunity to create something truly special. *All outlines on drone photos are approximate.More details
Courtesy of Danette E Kohut of Century 21 Hi-Point Realty Ltd
Vacant double lot parcel within the desirable newer community of MERAW ESTATES, Drayton Valley, AB. Each parcel presents an excellent opportunity for builders or investors looking to develop in a growing area. Duplex/Semi-Detached and Single Detached Dwellings are all permitted, providing flexibility for a variety of residential developments. Don’t miss this rare chance to invest in one of Drayton Valley’s most sought-after neighborhoods! The pricing reflects both lots sold together. Lot size and taxes shown represent both lots combined. *All drone outlines are approximate.More details
Courtesy of Danette E Kohut of Century 21 Hi-Point Realty Ltd
Vacant double lot parcel within the desirable newer community of MERAW ESTATES, Drayton Valley, AB. Each parcel presents an excellent opportunity for builders or investors looking to develop in a growing area. Duplex/Semi-Detached and Single Detached Dwellings are all permitted, providing flexibility for a variety of residential developments. Don’t miss this rare chance to invest in one of Drayton Valley’s most sought-after neighborhoods! The pricing reflects both lots sold together. Lot size and taxes shown represent both lots combined. *All drone outlines are approximate.More details
Courtesy of Danette E Kohut of Century 21 Hi-Point Realty Ltd
Vacant double lot parcel within the desirable newer community of MERAW ESTATES, Drayton Valley, AB. Each parcel presents an excellent opportunity for builders or investors looking to develop in a growing area. Duplex/Semi-Detached and Single Detached Dwellings are all permitted, providing flexibility for a variety of residential developments. Don’t miss this rare chance to invest in one of Drayton Valley’s most sought-after neighborhoods! The pricing reflects both lots sold together. Lot size and taxes shown represent both lots combined. *All drone outlines are approximate.More details
Courtesy of Danette E Kohut of Century 21 Hi-Point Realty Ltd
Vacant double lot parcel within the desirable newer community of MERAW ESTATES, Drayton Valley, AB. Each parcel presents an excellent opportunity for builders or investors looking to develop in a growing area. Duplex/Semi-Detached and Single Detached Dwellings are all permitted, providing flexibility for a variety of residential developments. Don’t miss this rare chance to invest in one of Drayton Valley’s most sought-after neighborhoods! The pricing reflects both lots sold together. Lot size and taxes shown represent both lots combined. *All drone outlines are approximate.More details
Courtesy of Danette E Kohut of Century 21 Hi-Point Realty Ltd
Welcome to this well-maintained 2 bedroom, 2 bathroom bungalow, perfectly situated in a friendly small town. Ideal for a starter home or a family just beginning, this property blends classic charm with essential modern upgrades. The bright kitchen features beautiful oak cabinets and stainless steel appliances. On the main level you'll find both bedrooms and one bath. The basement offers fantastic potential, already partially completed and waiting for your finishing touches to create a rec room, home gym, or extra living space. There is a 2 piece bathroom completed in the basement. Outside, you'll find a large, private backyard with a large deck—a perfect canvas for gardening, entertaining, or safe play for children. Some recent improvements are the roof, flooring and HWT completed in 2022, and a new sump pump was installed in 2023. Don't miss this opportunity to embrace small-town living with the comfort and style you deserve!More details
Courtesy of Allan C Morrison of Royal LePage Noralta Real Estate
This property is an amazing starter home and offers the ability to suite the basement using the side entrance so a future landlord can maximize rental profits or a future owner can offset their expenses with a basement rental income. OR, use the whole house for yourself with 5 bedrooms, 2 baths, a single car detached garage and a nice sized yard! This property is located in close proximity to schools, stores, churches and playgrounds making it incredibly walkable. Don't miss out on this opportunity! You could be in before Christmas!More details
Welcome to this 1968 bi-level that is full of potential and ready for its next chapter. With four bedrooms and two full bathrooms, this home offers a practical layout for families of all sizes. The main level features two bedrooms, a bright living space, and a full bathroom, while the lower level includes two additional bedrooms, another full bathroom, and a rec room for extra living space. If a 5th bedroom is needed the lower level rec room is perfect for an additional bedroom. The property sits on a large fenced backyard that provides plenty of room to garden, entertain, or simply relax outdoors. With rear alley access you also have the bonus of RV parking. The location is hard to beat with shopping, schools, a preschool, and playgrounds all nearby. While the home is move-in ready, a few cosmetic updates like fresh paint and new flooring would truly make it shine. With solid bones and a welcoming layout, this property is a great opportunity to create a space that reflects your personal style and vision.More details
Courtesy of Mandy L Anderson of Century 21 Hi-Point Realty Ltd
Welcome to 4920 46 Street. This well-maintained townhouse is a true hot commodity in today’s market, where rental demand continues to soar. Offering 3 bedrooms and 2.5 bathrooms, this property is perfectly suited for families, first-time buyers, or investors looking to secure a strong rental opportunity. The functional layout is complemented by an attached garage, providing convenience and year-round comfort. Pride of ownership is evident throughout, with the home having been carefully maintained over the years, allowing the next owners to move in with confidence. Location is a major highlight—walking distance to schools, downtown amenities, and the outdoor skating rink, making it ideal for families and tenants alike. Whether you’re looking for a comfortable place to call home or a smart addition to your investment portfolio, this property checks all the boxes.More details
4.72 acres of Opportunity in town limits! With highway access, utilities running to the edge of the property and a fire hydrant on the corner of the property, the future commercial potential for this lot is endless.More details
Data was last updated February 15, 2026 at 07:30 PM (UTC)
Data last updated on February 15, 2026 at 07:30 PM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.