A beautiful acreage just minutes from Chestermere and Langdon and 30 minutes from downtown Calgary. This gem on Inverlake Road has just under 40 acres of cultivated and cleared land zoned AGRICULTURAL, and providing endless opportunities. Board up to 10 horses and make use of the existing barn and paddocks! The barn, with a little TLC could be a perfect for this use, and already has running water and 220V power! Convert the land into a farm or business idea of your choosing! The possibilities are endless! Or, subdivide and create smaller parcels that can generate immediate returns! The property features a new septic surface discharge for years of worry free ownership, as well as a well offering great flow. Much of the property is currently being used as a hay field as well, generating a decent amount of revenue already. That, coupled with A-GEN land use/zoning, this property can have 2 residential dwellings on it, offering even more income earning potential! The house itself is a great size and in usable shape. The exterior has been updated with new shingles and siding, as well as a newly constructed and painted deck! A gravel driveway leads you to the home with plenty of parking, and the yard space around the home is well groomed and ready to enjoy! Inside, the home offers a spacious layout, including a master bedroom with an ensuite, 2 additional bedrooms and a full bathroom. The kitchen was recently updated with appliances, backsplash, countertops and more! The flooring is also newer, and done in beautiful and durable laminate! If you're looking for a property with income earning potential, a great amount of space, in an amazing location, and a usable home to enjoy right away, this is the one for you!