C$5,995,000

An exceptionally rare opportunity to acquire approximately 40 acres in Springbank with an approvedredesignation and Conceptual Scheme in place for a full estate community build-out. Welcome toRIVERA. Situated in Central Springbank approximately 20 minutes to downtown Calgary, under 5 minutesto the future Costco at Bingham Crossing, and within a 15 minute radius of many of Calgary and area'smost respected private and public schools, this community has been masterfully planned and carriedthrough a multi-year entitlement process by a full professional consultant team. The approved plan createsseventeen (17) estate lots of approximately 2 acres each, sixteen (16) of which form this offering, servedby a new internal municipal road and a dedicated stormwater facility. Piped potable water capacity wasconfirmed by the North Springbank Water Co-op in 2024, and thecomplete technical file is done: geotechnical, environmental, traffic, Level IV wastewater, stormwater andwater supply, with no wetlands, no abandoned wells and no identified development constraints. Bothexisting residences are tenanted, providing holding income through final engineering and subdivisionendorsement. This opportunity fits the developer stepping into an approved plan, the builder seeking acontrolled lot pipeline, or the buyer group who wants to choose their neighbours and build a privateenclave. Under Springbank's planning framework, very few properties will ever offer this designation withwater commitments secured. One of the final Springbank acreage projects of its kind: build your legacyhere. Sold en-bloc. All figures and measurements are approximate. Price excludes GST. (id:41202)