ATTENTION DEVELOPERS, BUILDERS, CONTRACTORS & INVESTORS - AN EXCEPTIONAL DEVELOPMENT OPPORTUNITY IN THE HEART OF OKOTOKS!Situated on an expansive 0.6-acre parcel currently undergoing the subdivision process, this unique offering presents exciting possibilities for future development and investment. The existing residence is intended to occupy its own approximately 0.2-acre lot, with THREE ADDITIONAL LOTS AVAILABLE FOR PURCHASE! The proposed larger lot is offered at $250,000, while the two smaller lots are offered at $200,000 each. Subdivision remains subject to applicable municipal approvals and final registration. Nestled against a picturesque hillside and surrounded by mature trees, lush greenery, and established landscaping, this charming 1.5-storey home offers a peaceful setting rarely found so close to the heart of town. Enjoy the convenience of municipal water, sewer, and power while experiencing the character and privacy of this beautiful property. The outdoor living spaces are equally impressive, featuring an east-facing patio and deck with pergola, a spacious west-facing deck with an additional pergola, and a dedicated firepit area. An oversized single detached garage offers additional storage and parking convenience. Inside, the home welcomes you with an inviting atmosphere, abundant natural light, and numerous improvements. The updated kitchen features generous cabinetry, ample counter space, and newer stainless steel appliances. The adjoining dining area is surrounded by windows on three sides, creating a bright and comfortable setting for everyday living and entertaining. The living room offers direct access to the outdoors through sliding patio doors. Completing the main floor is a spacious primary bedroom with a customized closet organization system, a flexible second bedroom space overlooking the yard, and a 3-piece bathroom. Upstairs, the home's unique character continues with a charming reading or hobby area leading into a generous family room, ideal for relaxing or entertaining. An additional den provides flexibility for a home office or creative space. THE LOWER LEVEL OFFERS EVEN MORE FLEXIBILITY! Largely developed with updated flooring, a convenient kitchenette, and a newly installed oversized window that welcomes natural light, this space is currently configured as an illegal studio basement suite. Offering excellent versatility for extended family, guests, or additional living arrangements, the lower level also features a beautifully renovated 4-piece bathroom, a spacious laundry area, and substantial storage. Any use as a separate dwelling unit remains subject to applicable municipal approvals and regulations. Notable improvements over recent years include a high-efficiency furnace, hot water tank, water softener, updated shingles, newer washer and dryer, lighting upgrades, and more!