This versatile 40-acre property offers approximately 20 acres of open pasture or grazing land, along with more than 20 acres of groomed trails & treed areas that provide a private, park-like setting. Located just 5 minutes from Sherwood Park, it combines convenient access with privacy & ample space for a business, livestock operation or hobby farm. The 1450 sqft bungalow has been extensively renovated, including updated electrical, plumbing, heating systems, triple-pane windows, doors, & new cistern. The thoughtfully finished home features 2 bedrooms upstairs & 1 bedroom downstairs. A newer 2700 sqft shop, built approximately 4 years ago, is currently divided into 3 bays & can be adapted into one large open workspace. It includes its own cistern & septic system, separate gated access & an electric gate. Additional outbuildings include a character barn with loft & hay storage, a large equipment pole building & 2 detached double garages. A unique property offering privacy & flexibility. A rare find.