Exceptional opportunity for out-of-province developers and investors seeking scale, affordability, and strong upside in a growing Prairie market. Meadowlark Estates is a multi-phase acreage development located just 12 miles east of Saskatoon, Saskatchewan, spanning one full square section with lots ranging from 2-9 acres in size. Unlike many early-stage land plays, this project is substantially de-risked. Phase I is fully sold (40 lots). Phase II servicing is complete for 22 lots, with the majority already sold. Over 40 homes have been built, with additional construction scheduled through 2026-clear proof of end-user demand. Major infrastructure is already in place and paid for, including a SaskWater pipeline directly from the City of Saskatoon, internal water distribution, power, gas, roads, and communications. Total infrastructure investment exceeds $3.8M, allowing future phases to be developed at an estimated ~$30,000 per lot (land already owned). The location benefits from significant regional growth drivers: Highway 5 twinning, a planned east Saskatoon ring road, expanding retail and services in Brighton (including Costco), and major employment growth tied to a number of potash mines nearby. Property taxes in the RM of Blucher are significantly lower than Saskatoon and surrounding regions-an attractive long-term advantage for buyers. Future phases include water-view and walkout lots, supporting higher-end pricing and margin expansion. Shareholders are open to a full or partial buyout, offering flexibility for investors seeking immediate entry with long-term upside. Hard assets, proven demand, and Prairie pricing-this is scale and opportunity that is increasingly difficult to find in higher-cost markets. (id:13843)
| MLS # | SK050152 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 18 |
| Listing Provided By | LPT Realty | Jim Kelley |
| Acreage | 318.00 |
|---|
| Fireplace Yes / No | No |
|---|
| Lot Features | Treed, Irregular lot size, Rolling |
|---|---|
| Fencing | Fence |
| Tax Annual Amount | 5600 |
|---|---|
| Tax Year | 2024 |
| Province | SK |
|---|---|
| City | Blucher Rm No. 343 |
| Postal Code | S7B0A5 |
| Listing VS Median (in S7B0A5) | |
Price: $4,100,000 low | high Med: $0 On site: 18 low | high Med: | |
| Province | SK |
|---|---|
| City | Blucher Rm No. 343 |
| Postal Code | S7B0A5 |
| Listing VS Median (in S7B0A5) | |
Price: $4,100,000 low | high Med: $0 On site: 18 low | high Med: | |