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5321 42 Avenue

5321 42 Avenue, Red Deer

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3Bedrooms
2.0Bathrooms
$449,900Price
964Sq Ft

Beautifully updated from top to bottom, this reimagined Woodlea bungalow blends modern style with timeless charm in one of Red Deer’s most sought-after neighbourhoods.

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Beautifully updated from top to bottom, this reimagined Woodlea bungalow blends modern style with timeless charm in one of Red Deer’s most sought-after neighbourhoods. Located on a quiet, tree-lined street and backing directly onto Woodlea Park, this home offers unbeatable lifestyle, privacy, and green space access. The main floor features new vinyl plank flooring and a brand-new kitchen with quartz countertops, sleek cabinetry, upgraded lighting, and brand new appliances. The kitchen has been opened into the living space and features a large quartz eating bar while maintaining the 1950s curved corners and ceilings; maintaining its charm and heritage. Large windows fill the space with natural light, complementing two spacious bedrooms and a fully updated bathroom. The lower level has been gutted back to studs and renovated with new insulation, drywall, new egress windows, a stylish wet bar with large fridge, generous family room with 1500 watt electric fireplace with LIFX app controlled colorful lighting, custom mantle/fireplace wall. The basement includes an optional office/bedroom, full bathroom, and massive floored laundry/utility space that is clean and ready for you. This basement space has been redesigned with entertaining in mind. Comfortable, bright, and functional—this level nearly doubles your living space. Major systems have been completely modernized, including a full electrical rewire & panel (2025) and newer hot water tank for long-term peace of mind. Roof was done in 2013.

Refined Amenities

Curated features for a sophisticated lifestyle.

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Built-in Features

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No Animal Home

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No Smoking Home

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Quartz Counters

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Storage

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Wet Bar

Specifications

Property Details

Property TypeResidential
Property SubtypeDetached
StyleBungalow
StructureHouse
Transaction TypeFor Sale
Bedrooms3
Full Bathrooms2
Living Area964 sq ft
Living Area (m²)90.0 m²
Lot Size6,721 sq ft
Lot Acres0.1500
Year Built1952
LevelsOne
Garage Spaces1
Parking Total2
Parking FeaturesGarage Faces Rear,On Street,Rear Drive,Single Garage Detached
Fireplaces1 (Basement,Electric)
HeatingForced Air
CoolingNone
FlooringVinyl
AppliancesBar Fridge,Dishwasher,Electric Oven,Microwave Hood Fan
Interior FeaturesBuilt-in Features,No Animal Home,No Smoking Home,Quartz Counters,Storage,Wet Bar
LaundryElectric Dryer Hookup,In Basement,Washer Hookup
BasementFull
Basement DevelopmentFinished
Basement FeaturesNone
RoofAsphalt Shingle
ConstructionWood Frame
FoundationPoured Concrete
Exterior FeaturesPrivate Yard
FencingFenced
Patio / PorchNone
Lot FeaturesBack Lane,Back Yard,Backs on to Park/Green Space,Environmental Reserve,No Neighbours Behind,Rectangular Lot
Price / Sq Ft$466.70
Annual Taxes$3,207 (2025)
ZoningR-L
PossessionImmediate
Occupant TypeVacant
Title / LandFee Simple
InclusionsNone
Days on Market95
ListedDecember 4, 2025
NeighbourhoodWoodlea
MLS NumberA2274029
The Location

Woodlea

5321 42 Avenue, Red Deer, Alberta, T4N 3A3

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Your Luxury Real Estate Specialist

Inquiries & Private Showings

Spencer Rivers

Calgary luxury real estate specialist. Whether you are looking to buy, sell, or simply want more information about this property, I am here to help.

Listing courtesy of RE/MAX real estate central alberta.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $3,207. Contact Spencer Rivers for the most recent assessment documents.
Is a private viewing available?expand_more
Yes, private viewings are available by appointment. Contact Spencer Rivers at 403-966-9237 or visit our contact page to schedule a showing.
What is the listing status?expand_more
This property is currently Sold. MLS A2274029. Listed December 4, 2025. Listed by RE/MAX real estate central alberta.

Interested in this property?

Get in touch with Spencer Rivers for a private showing, detailed floor plans, or more information about this exceptional listing.

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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board (CREB). The trademarks MLS, Multiple Listing Service and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Data last updated: March 17, 2026.