Featured Imagery

Exceptional Property

40422 Range Road 10 , Rural Lacombe County

$599,900

3 Bedrooms

2 Bathrooms

930.98 sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Single Family

Style

House

Year Built

1972

Square Footage

930.98 square feet

Bedrooms

Bathrooms

Distinguished Features

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Premium Amenities

Featuring luxury finishes and high-end appliances throughout

Prime Location

Situated in a prestigious neighborhood with exceptional access

Property Overview

A Closer Look at This Distinguished Residence

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The Gull’s Nest – A Premier Waterfront Retreat & Income PropertyIf you’ve been searching for the perfect four-season recreational getaway or income-generating lakeside retreat, The Gull’s Nest at Gull Lake is ready to welcome you. This fully renovated A-frame cabin sits on just over an acre of prime waterfront property, offering a turn-key opportun...

MLS Number

A2198142

Listed By

Royal LePage Benchmark

Last Updated

Mar 30, 2025, 5:25 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

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Experience The Property

View Virtual Tour

Property Specifications

Property Type

Single Family

Architectural Style

House

Year Built

1972

Square Footage

930.98

Interior Features

Basement

None

Flooring

Ceramic Tile, Vinyl

Number of Fireplaces

Climate Control & Utilities

Heating System

Forced air, Natural gas, Wood, Wood, Wood Stove

Air Conditioning

None

Exterior & Surroundings

Exterior Construction

Wood siding

Foundation

Piled

Additional Amenities

Refrigerator, Stove, Washer/Dryer Stack-Up

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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Property Timeline

Historical transactions and listing information

New

MLS# A2219520

List Date

May 16, 2025, 2:27 p.m.

List Price

$429,000

Property Type

Sale

New

MLS# A2233583

List Date

Jun 22, 2025, 10:57 p.m.

List Price

$399,000

Property Type

Sale

New

MLS# A2224547

List Date

May 26, 2025, 9:36 p.m.

List Price

$625,000

Property Type

Sale

Bedrooms

Bathrooms

New

MLS# A2198142

List Date

Mar 1, 2025, 2:26 a.m.

List Price

$599,900

Property Type

Sale

Bedrooms

Bathrooms

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

Total Payments

Loan-to-Value Ratio

80%

Total Number of Payments

360

Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Analysis Period:

Total Income

$4,300/monthly

2 income sources

Total Expenses

$2,530/monthly

3 expense items

Net Cash Flow

$1,770/monthly

Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.