Real Estate Auction Various Locations25FA

Reserved Real Estate Auction: 2± Acre Executive Waterfront Walk-Out Bungalow

Selling with a Starting Bid of $1,000,000

Auction begins in :


Bidding Opens:

10 AM Tue

Jun 24, 2025 MT

Bids Start Closing:

10 AM Thu

Jun 26, 2025 MT


Register To Bid Online

If you have trouble registering or bidding online, please contact our Real Estate Division at 587-464-2125
For more information about the property please call Royal LePage Network Realty — Dusty Smith at 403-318-4760

By the Numbers

2

ACRES

3

CAR GARAGE

5

BEDROOMS

4

BATHROOMS

1

GUEST HOUSE


Videos

Property Summary:
Property ID
25FA25002-001
Municipality
Pine Lake, AB
Title
Fee Simple
Land Use Zoning
R1
Possession
Jul 25, 2025

Supporting Documents:
Floor Plan (PDF)
Property Detail:

Property Type

Residential

Building Type

Detached Single Family

Building Style

Raised Bungalow

Floor Space

2393 sq ft

Year Built

2014

Garage

Triple Car Garage Attached

Oversized, Drywalled, 12 ft Ceilings, 3 Over-head Doors, Floor Drains and In-floor Heat, Measurements 46 ft 7 inch x 26 ft 9 inch (46.6 ft x 26.7 ft | 1058 sq ft

Parking

Front/Rear Drive Access, Off Street, Over Sized, Gravel Driveway

Property Influences

  • Golf Nearby
  • Lake Access Property
  • Lake View
  • Landscaped
  • Private Setting
  • Shopping Nearby
  • Waterfront Property
  • Partially Treed Lot
  • 2 Playground Structures
  • Backs onto a Reserve

Property Structures

  • Firepit
  • Gazebo
  • Water Feature
  • Playground

Property Notes

On the quiet southeast end of the lake is this beautifully crafted executive 2± acre walk-out bungalow, overlooks an immaculately landscaped backyard with views of the lake. Just a short walk to Pine Lake, this property backs onto a reserve making it one of the larger, more private lots in the plan. This home has the potential for two living quarters, adding extra room for visitors.

Home Detail:

Bedrooms

3-upstairs, 3-downstairs

Bathrooms

2-full and 1 half upstairs, 1-full downstairs

Basement

Full Basement, Full Finish, Walkout Basement, Amazing 10ft Ceilings, Full Kitchen and Bar with Leather and Granite, 2 More Bedrooms Plus a Den, In-floor Heat, Full Bath

Hot Water

Natural Gas

Heating

In Floor Heat System, 150g Capacity Water Heater, Forced Air, Natural Gas, Fireplace in Great Room

Cooling

Central Air Conditioner

Exterior

Acrylic Stucco, Concrete, Stone, ICF (Insulated Concrete Forms), Foundation is Poured Concrete

Roofing

Asphalt Shingles

Interior Notes

Air Conditioner, Bar, Ceiling 10 ft., Closet Organizers, Deck, Granite Counters, Hardwood Flooring, HRV System, Laundry-Same Floor, Vaulted Ceiling, Vinyl Plank Flooring, Wet Bar, Fireplace in Great Room, Carpet, Tile, Master Chef Kitchen, Custom Cabinets Throughout, Crown Moldings, Linear Fireplace, Huge Soaker Tub in Master Bedroom, Walk-in Closet, Central Vac, and so much more

Additional Home Detail

This custom built walkout bungalow is constructed of very good quality materials and workmanship. Some notable features are; High-end flooring, custom stone work, throughout (including archways), double edged granite countertops, fireplace with custom stone carving, built-in fish tank, custom petrified wood/granite sinks, soaker tub, behind the mirror faucets, triple pane windows, coffered ceilings, wood doors/trim/casing, stucco and real stone exterior, plus more.

Additional Property Info

YARD

  • Professionally Landscaped
  • Pond
  • Waterfall
  • 4 Stone Patios
  • Raised 17 ft x 35 ft Rear Wood w/ Composition Finishings and a Smoked Glass Railing
  • Second Deck w/ Duradek Finish and Gas Hook-up
  • Covered Concrete Patio w/ a Hot Tub Hook-up
  • Raised Garden Boxes w/ Stone Finish
  • Small Storage Shed w/ Power

MEASUREMENTS

    MAIN FLOOR

    • 2pc Bath: 6'6" x 5' (6.5' x 5') | 32 sq ft
    • 5pc Bath: 10'1" x 7'10" (10.1' x 7.9') | 79 sq ft
    • 5pc Ensuite: 8'7" x 11'6" (8.5' x 11.5') | 94 sq ft
    • Bedroom: 13'9" x 10'9" (13.7' x 10.8') | 127 sq ft
    • Bedroom: 13'8" x 11'2" (13.6' x 11.1') | 130 sq ft
    • Foyer: 6'7" x 8'7" (6.6' x 8.6') | 57 sq ft
    • Kitchen: 22'2" x 16'5" (22.1' x 16.4') | 290 sq ft
    • Laundry: 5'11" x 10'10" (6' x 10.8') | 65 sq ft
    • Living: 16' x 17' (16' x 17') | 271 sq ft
    • Mudroom: 7'1" x 15'9" (7.1' x 15.8') | 111 sq ft
    • Office: 11'10" x 10'5" (11.8' x 10.5') | 124 sq ft
    • Pantry: 11'3" x 10'2" (11.3' x 10.1') | 72 sq ft
    • Primary: 14'11" x 15' (14.9' x 15') | 220 sq ft
    • Walk-in Closet: 5'1" x 11'8" (5' x 11.7') | 59 sq ft

    2ND FLOOR

    • Attic: 5'7" x 6'7" (5.6' x 6.5') | 25 sq ft
    • Attic: 10'6" x 7'11" (10.5' x 7.9') | 84 sq ft

    BASEMENT

    • 4pc Bath: 8'6" x 8'3" (8.5' x 8.2') | 58 sq ft
    • Bedroom: 11'11" x 11'7" (11.9' x 11.6') | 130 sq ft
    • Bedroom: 12' x 11'7" (12' x 11.6') | 137 sq ft
    • Den: 8'4" x 13'4" (8.3' x 13.3') | 111 sq ft
    • Family: 16' x 17'7" (16' x 17.6') | 260 sq ft
    • Kitchen: 7'8" x 23'5" (7.7' x 23.4') | 170 sq ft
    • Rec Room: 21'3" x 24'9" (21.2' x 24.8') | 448 sq ft
    • Rec Room: 22'5" x 17'5" (22.4' x 17.4') | 346 sq ft
    • Storage: 11'3" x 9'7" (11.3' x 9.6') | 70 sq ft
    • Storage: 8'5" x 10'4" (8.4' x 10.3') | 69 sq ft
    • Utility: 7'5" x 11'8" (7.5' x 11.7') | 85 sq ft
    Services

    Water

    Well

    Power

    Yes (Underground)

    Sewer

    Septic

    Natural Gas

    Yes

    Phone

    Own Cell Tower

    Location

    Legal

    Note to Bidders
    • When registering to bid you will be required to have a Letter of Confirmation of Funds from your bank. Letter of Confirmation must be on Bank Letterhead with your name & or company name & amount of funds you have access to that you wish to spend up to. This letter of confirmation will have to be emailed to TEAM Auctions.
    • Internet Bidding Fees: 10% up to a max of $5,000 per item.
    • If you are the successful bidder, to meet the obligations set by the federal government, you will be asked to verify your identification. You will also need to provide us with your lawyer info to complete the real estate transaction.
    • Bidders must satisfy themselves as to the exact current acres, property lines and fence locations, building sizes, taxes and assessments, zoning and permitted uses & surface lease revenue details. Property titles are available upon request. The information provided is a guide only.
    Highlights of Purchase Contract

    Completion Day

    Jul 25, 2025

    Partial Terms and Conditions

    Unreserved and Reserved:

    Some Real Estate may have reserved minimum bids. The Auctioneer, at its sole discretion has the right to or/not to advertise and/or notify the buyer as to whether the goods/and or Real Estate being offered in this auction are:

    1. UNRESERVED: Meaning the seller has agreed to accept the highest bid regardless of price. In this case any items and/or livestock and/or Real Estate offered will sell to the highest bidder regardless of price.
    2. RESERVED: Meaning the seller has set a minimum price that must be met in order for the Real Estate to be deemed "sold" to the buyer. This minimum "Reserved" price may be indicated to the buyer as a "Reserve Price", "Starting Bid" or as "Subject to Owners Approval" or "not indicated or advertised in any way".

      The seller and/or the auctioneer acting as the sellers agent may at any time:

      • remove the "Reserve Price" or “Starting Bid” at any time and deem this auction " Unreserved"
      • accept any bid, within 2 business days of the auction closing, that is lower than the "Reserve Bid"
      • counter offer; any buyer within 2 (two) business days of the closing of the auction.

      Your bid as a buyer will be recorded and will remain binding and in affect 2 (two) business days after such time the auction is closed.

      You the buyer acknowledges and agree that bidding at this auction is the legal equivalent of a firm commitment and irrevocable offer to purchase, unless otherwise prohibited by law or otherwise noted in these buyer terms. Once you have placed a bid and the bid is accepted by the auctioneer you are obligated to complete the transaction.

    3. AGENT OF THE SELLER: Real Estate Brokerage acts only as agent of the seller and not as agent of the Buyer. They will provide prospective buyers with all facts known to the agent that will or may affect the marketability or value of the property.
    4. NO WARRANTY: The Buyer shall accept the Property as-is where-is and specifically agrees that neither the Seller, Auctioneer or Realtor makes any representations or warranties of any kind as to the condition or fitness of the Property, environmental or otherwise, or any improvements thereon.
    5. It is the RESPONSIBILITY OF ALL BIDDERS to review all information provided, including “Property Information Package” from the Real Estate Brokerage and the terms of this auction. All information provided is meant as a guide only. Bidders shall have satisfied themselves as to the descriptions, location and condition of the property prior to bidding. If clarification is required, it is the bidder’s responsibility to obtain clarification from Real Estate Brokerage prior to bidding.
    6. GST: Bid price does not include any applicable GST unless announced otherwise by auctioneer.
    7. DEPOSIT: Immediately at the close of bidding the successful bidder will make a NON REFUNDABLE deposit payable to the real estate brokerage (as listed in the Property Information Package) in the form of a bank draft or other approved payment. Amount is listed in Property Info Package/or as announced by auctioneer.
    8. PURCHASE CONTRACT: The Real Estate Purchase Contract that applies to each property will be available for inspection prior to the auction. Title(s) will be clear of encumbrances except those which are to remain on the title. All bidders agree that, should their bid be accepted, they will complete and be bound by the terms of the purchase contract. Buyer will pay the balance of the purchase price to their lawyer on or before Completion Day. Possession will be in accordance with the terms of the Purchase Contracts. Note: These contracts will not be subject to any buyer’s conditions.

    **TEAM SEKURA AUCTION MAIN SALE TERMS ALSO APPLY.

    Get in Touch

    For more information about the property
    please contact the listing agent.

    Listing Agent

    Royal LePage Network Realty

    Dusty Smith

    403-318-4760

    dustysmith@royallepage.com

    For more information about the auction process
    please contact us.

    Team Auctions Contact

    Real Estate Division

    Office

    587-464-2125

    rod@teamauctions.com


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