GULL LAKE LAND AUCTION – 221.35 acres m/l
LACOMBE COUNTY COUNTY, AB
NO BUYERS PREMIUM
OPENS SUNDAY OCTOBER 25, 2026 AT 9AM
STARTS TO CLOSE TUESDAY OCTOBER 27, 2026 AT 12PM
Call Tyler Rosehill with questions and viewing options at 403-507-1782.
Directions: From the overpass on highway QE2 at Ponoka, AB, go west on highway 53 for approximately 18kms to highway 792 (Crestomere), go south for 6.4kms (4mi) to Twsp Rd 422, go west for 4kms (2.5mi), the land is on the south side of the road. Also continue a ½ mile to R.R. 284 and turn south, land is on the east side of the road.
Legal Descriptions: NW-9-42-28-W4M – 110.12acres m/l
SW-9-42-28-W4M – 111.23acres m/l
- Lot 1 105 arable acres
- Lot 2 100 arable acres
- Past subdivision approval for country residential lots
- Great views of Gull Lake and adjacent to Meridian Beach community
- Very productive farmland offered in 2 separate lots
- Great access and on pavement
- Close to the amenities of Ponoka, Lacombe, Rimbey, AB and the QE2 Highway corridor
This land auction consists of 2 separate lots of productive farmland located just off the northeast corner of Gull Lake, AB. These are connected parcels of land totaling 221.35 acres with approximately 205 arable acres. There has been a subdivision approved in the past for country residential lots which would capitalize on the beautiful big views of Gull Lake, AB. There is great access to these parcels and is also located on pavement. This is an awesome opportunity to own hard-to-find and productive farmland which also includes the potential for future development.
Taxes: Lot 1 – $154.09
Lot 2 – $174.76
Please note: The buyer agrees to close this transaction with title insurance at its sole cost. This happens with your lawyer and usually costs approximately $500.00-$1,500.00 depending on value and how much is financed. If land titles is working ahead of the closing/possession date; then title insurance will not be necessary.
TERMS AND CONDITIONS
A deposit of 10%, payable to Rosehill Auction Service Ltd. will be required from the successful bidder on the auction day. The balance is due on or before December 16, 2026. A real estate contract will be prepared and provided to the successful bidder for signature. The successful bidder shall not impose any conditions in respect of the purchase. The successful bidder will require their own lawyer to complete conveyancing. The real estate will be sold as is, where is. The successful bidder should be prepared to pay their share of legal fees for their lawyer to handle their side of the transaction, and if title insurance is necessary to close on time, the buyer will be responsible for title insurance. The balance of the purchase price is due on the closing date as set out in the real estate contract. The final bid will be subject to the vendor’s approval. If the vendor does not accept the final bid, the deposit will be returned to the bidder, and the sale voided. If the vendor accepts the bid, the successful bidder is obligated to purchase the property at the accepted bid amount, and if the successful bidder fails to do so, the full deposit will be forfeited to the vendor as liquidated damages.