40207 Range Road 270 Rural Lacombe County, AB T0C 1S0

Opportunities like this don’t come around often — 76.79 +/- acres of prime land located only 1.25 miles south of Lacombe, with easy access to Blackfalds (5 miles) and Red Deer (10 miles), and just ¾ of a mile of gravel road to reach the property.Currently leased and farmed through Western Crop Innovation until the end of 2026, but the lease may be terminated at the end of 2025 or transferred to the Buyer. The land offers incredible flexibility: extend the existing lease, farm it yourself, or lease it out to another party for income potential. Current lease income is $10,500 annually.The property features beautiful mature spruce trees and a stunning potential building site, perfect for your dream home. Enjoy the peace and privacy of country living while staying just minutes from town amenities. The 1423 sq ft of existing house is a true handyman special. Built in 1967 with 4 bedrooms and 2 baths is perfect for someone looking to renovate or simply live in while you plan and build. A detached garage and multiple outbuildings provide valuable storage and utility space. Whether you’re looking for a rural homestead, an investment property, or the perfect site for a brand-new build, this acreage delivers unmatched potential in an unbeatable location.