Jun 13, 2026
10:00 AM
-
12:00 PM
MDT
40 Lake Ridge
Olds
T4H 1W6
$599,900
Residential
beds: 5
baths: 3.0
1,417 sq. ft.
built: 2001
Open House
-
Jun 13, 2026
10:00 AM
-
12:00 PM
MDT
NOTES: Open House on Saturday, June 13, 2026 10:00AM - 12:00PM
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2317870
- Bedrooms:
- 5
- Bathrooms:
- 3
- Year Built:
- 2001
- Photos (50)
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If you've been searching for a home where your kids can grow up making memories outdoors, this may be the one.
Located on the south side of Olds in one of the town's most desirable family areas, this fully developed bungalow combines space, comfort, and an exceptional location. Walking paths wind throughout the neighbourhood, making evening strolls, bike rides, and family walks part of everyday life. Just across the road, the pond becomes a favourite gathering place in the winter, where neighbourhood kids lace up their skates and play hockey. Imagine watching the kids head across the street for an evening game of shinny while you enjoy the mountain views from your deck.
With 5 bedrooms and 3 full bathrooms, this home offers room for growing families with three bedrooms on the main floor and two additional bedrooms downstairs. The bright open-concept layout features vaulted ceilings, a dedicated office, convenient main floor laundry, and recent kitchen upgrades including a new induction stove, microwave hood fan, and refrigerator.
The primary bedroom offers direct access to the covered rear deck, while the dining area opens onto the same outdoor space complete with a gas line for your BBQ. Backing onto open space with no immediate neighbours behind, the home enjoys incredible privacy along with beautiful mountain views that the sellers have treasured for years.
Downstairs, the fully finished basement creates the perfect family hangout space with two additional bedrooms, a full bathroom, wet bar, and a large recreation area with room for a pool table, home gym, games area, or movie nights.
Additional features include central air conditioning, a heated double attached garage, RV parking, a newly installed radon mitigation system, and a professionally installed whole-home Wi-Fi system that provides strong and reliable internet coverage throughout the house.
Combining an outstanding location, incredible views, and the space today's families are searching for, this is a home where memories are waiting to be made.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- No
- Num Legal Suites:
- 0
- Num Illegal Suites:
- 0
- Home Style:
- Bungalow
- Total Living Area:
- 1,417.23 sq. ft.
- Main Level Finished Area:
- 1,417.23 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Below Grade Finished Area:
- 1,312.62 sq. ft.
- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Acreage:
- No
- Lot Area:
- 7,294 sq. ft.
- Lot Frontage:
- 60'8"
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
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- Acres Waste:
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- Acres Water Rights:
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- Front Exposure:
- North
- Reg. Size:
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- Reg. Size Includes:
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- Levels:
- One
- Total Rooms Above Grade:
- 8
- Year built:
- 2001 (Age: 25)
- Bedrooms:
- 5 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 2
- Bathrooms:
- 3.0 (Full:3, Half:0)
- Plan:
- 0011001
- Heating:
- High Efficiency, Fireplace(s), Forced Air, Natural Gas
- Basement:
- Full, Finished, None
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Silent Floor Joists, Stone, Stucco, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- Yes
- Flooring:
- Carpet, Ceramic Tile, Hardwood
- Cooling:
- Central Air
- Fireplaces:
- 0
- Garage:
- Yes
- Garage Spaces:
- 2
- Parking:
- Additional Parking, Concrete Driveway, Double Garage Attached, Garage Door Opener, Garage Faces Front, Heated Garage, Insulated, Oversized, Parking Pad, RV Access/Parking, Side By Side, Workshop in Garage
- Parking Places:
- 5
- Parking Total/Covered:
- 5 / -
- Laundry Features:
- In Basement, Laundry Room, Sink
- Dishwasher, Induction Cooktop, Microwave Hood Fan, Refrigerator, Washer/Dryer
- Window Blinds, Garburator, Ubiquiti UniFi Dream Machine Special Edition (UDM-SE) 2× Ubiquiti UniFi 6 Lite Access Points (U6-Lite) both negotiable
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Bedroom
- 15' × 11'2"
- Main Floor
- Bedroom
- 11'8" × 9'9"
- Main Floor
- Dining Room
- 12' × 9'9"
- Main Floor
- Foyer
- 13'5" × 13'1"
- Main Floor
- Kitchen
- 17'2" × 10'6"
- Main Floor
- Living Room
- 19'6" × 16'6"
- Main Floor
- Office
- 10'2" × 8'1"
- Main Floor
- Bedroom - Primary
- 16'5" × 13'3"
- Basement
- Other
- 7'3" × 6'8"
- Basement
- Bedroom
- 13'6" × 12'4"
- Basement
- Bedroom
- 12'10" × 12'9"
- Basement
- Laundry
- 7'10" × 5'7"
- Basement
- Game Room
- 27'2" × 16'6"
- Basement
- Furnace/Utility Room
- 10'5" × 7'5"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- Yes
- 3
- Main Floor
- No
- 4
- Basement
- No
- 3
- Title to Land:
- Fee Simple
- Community Features:
- Golf, Park, Playground, Pond, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Interior Features:
- Built-in Features, Ceiling Fan(s), Central Vacuum, Closet Organizers, High Ceilings, Kitchen Island, Laminate Counters, No Smoking Home, Pantry, Solar Tube(s), Vaulted Ceiling(s), Vinyl Windows
- Exterior Features:
- Fire Pit, Private Yard
- Patio And Porch Features:
- Deck, Front Porch
- Lot Features:
- Back Yard, Backs on to Park/Green Space, Few Trees, Front Yard, Interior Lot, Landscaped, Lawn, Low Maintenance Landscape, No Back Lane, No Neighbours Behind, Rectangular Lot, Street Lighting, Views
- Num. of Parcels:
- 0
- Outbuildings:
- Shed
- Fencing:
- Fenced
- Region:
- Mountain View County
- Zoning:
- R1
- Listed Date:
- Jun 11, 2026
- Days on Mkt:
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Virtual Tour
Listed by CIR Realty
Data was last updated June 12, 2026 at 04:05 AM (UTC)
Area Statistics
- Listings on market:
- 49
- Avg list price:
- $547,900
- Min list price:
- $115,000
- Max list price:
- $1,200,000
- Avg days on market:
- 34
- Min days on market:
- 2
- Max days on market:
- 316
- Avg price per sq.ft.:
- $395.32
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.
- KAREN SALMON
- RE/MAX COMPLETE REALTY
- 1 (403) 6072400
- Contact by Email
Your Trusted Partner in Real Estate. Contact me at 4036072400 for all your property needs.
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Cell: 4036072400
sold@karensalmon.com
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