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:31684)
| 3 hours ago | Listing updated with changes from the MLS® | |
| 3 hours ago | Listing first seen on site |
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