You will need to view this property to fully appreciate the potential and flexibility in design and living opportunities. When viewing this property on Realtor.ca, please click the Multimedia or Virtual Tour link for more information on how to appreciate the beauty of this land, which has Lasthill Creek running through the southwest boundary of the property with a sand pit below. There is pride in ownership of this 122-acre parcel located centrally from Rocky Mountain House, Sylvan Lake, and Red Deer, with 40 acres of hay, 30 acres of pasture, and approx. 30 acres seeded to oats last year and a central dugout. This is an ideal spot for operating your business hobby farm, perfect for trades (welder, mechanic), or a car collector’s dream for storing equipment and toys with 4 bays (16 ft overhead doors x 14 ft wide). Start a multigenerational legacy homestead complete with a garden, granary, feed hopper, outbuildings, and workshop area under a 40 x 50 ft lean-to. Extensive parking includes a 50 x 120 ft heated steel garage/shop complete with full-length floor drain, 220 and 3-phased electrical, and a private 20 x 30 ft butcher meat shop, with a separate 14 x 20 ft walk-in freezer cooler. The gorgeous treed area and stunning water views offer privacy, and the parcel can run your cattle or horses with excellent drainage, 3 strong water-producing wells, and pens with feeders. The northwest land has a separate entrance off the pavement. Your shop can host large family gatherings on chilly nights and be kept warm with overhead heaters and a custom-built wood furnace. There is a separate bathroom and laundry facilities in the shop. Outside is a campground area with playground equipment, a fire pit, a cookhouse for entertaining visitors, and an outhouse. Plus, there are two separate septic systems for the home and shop. The 1861 sf of usable space extra-large 3-bedroom, 2-bath house has a separate mandoor entrance from the shop with an independent mechanical room (furnace, 60G HWT, water softener, central vac, security). The main floor has an open-concept kitchen and living area with a large bedroom, bathroom, and storage. The tall ceilings and extra-wide staircase lead upstairs to 2 more bedrooms and a living room/office. Each floor has a large, full, 4-piece bathroom with tall counters. This is a well-planned and quality-built property —even utilities have been run if you want to build a second home. Located off the pavement, this fantastic parcel has so many possibilities!