Walkout Basement Homes for Sale in Red Deer, Alberta (Updated Daily)
Explore the variety of walkout basement homes available for sale in Red Deer, Alberta. These properties offer additional living space and direct access to the outdoors, making them ideal for families and those who enjoy entertaining.
Why Choose a Walkout Basement Home in Red Deer?
- Extra Living Space: Walkout basements provide additional square footage that can be used for family rooms, guest suites, or recreation areas.
- Natural Light: Walkout basements typically have larger windows and doors, allowing for more natural light compared to traditional basements.
- Direct Outdoor Access: Enjoy easy access to your backyard, patio, or garden from the basement level.
- Versatile Design: These homes offer flexible design options for creating a customized living space that meets your needs.
Benefits of Living in Red Deer
- Community Atmosphere: Red Deer is known for its friendly and welcoming community, offering a small-town feel with modern amenities.
- Convenient Location: Centrally located between Calgary and Edmonton, Red Deer provides easy access to major cities while maintaining a peaceful, rural setting.
- Recreational Opportunities: Enjoy parks, green spaces, recreational facilities, and local events that foster a vibrant community spirit.
- Quality Schools: Red Deer offers excellent educational facilities for families with children.
Types of Walkout Basement Homes Available
- Single-Family Homes: Spacious properties with contemporary designs, perfect for families of all sizes.
- Luxury Homes: High-end properties with premium finishes and expansive layouts.
- Custom-Built Homes: Unique properties tailored to meet your specific needs and preferences.
Contact Information
For personalized service and expert guidance in finding your dream walkout basement home in Red Deer, contact Diane Richardson, a trusted realtor with extensive experience in the area.
- Realtor: Diane Richardson
- Phone: 403-397-3706
- Email: diane@mypadcalgary.com
Start your journey to owning a beautiful walkout basement home in Red Deer today and explore the numerous opportunities awaiting you. Discover the charm and convenience of living in one of Alberta's most desirable communities with the help of Diane Richardson
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Contact Diane Richardson:
Get in Touch with Your Questions or to Schedule Viewings via Phone, Email, Contact Form, or Live Chat
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Contact Form: Use the form on my website to send me a message directly. Please provide your name, email address, and message, and don't forget to include the property address or MLS® number for the listing you're interested in.
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Phone Number: Call me directly at 403.397.3706 for any questions or to schedule viewings.
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Email Address: Send me an email at Diane@Mypadcalgary.com for additional information or questions you may have.
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Live Chat: Connect with me in real-time through the live chat feature on my website for immediate answers to your questions.
This is a great way to get immediate answers to your questions. To ensure a prompt response, please include the property address or MLS® number for the listing you are interested in.
308 Lancaster Drive
Red Deer
T4R 3R7
$424,900
Residential
beds: 4
baths: 3.0
1,184 sq. ft.
built: 2006
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2234395
- Bedrooms:
- 4
- Bathrooms:
- 3
- Year Built:
- 2006
- Photos (41)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
Room to grow, space to play, and a layout that just makes sense—308 Lancaster Drive is ready for your next chapter. With 4 Bedrooms, 3 Bathrooms, and over 1,100 Sq.Ft. above grade, this family-friendly Bi-Level sits in one of Red Deer’s most desirable neighbourhoods, close to top-rated schools, parks, playgrounds, and everything your busy household needs.
The main floor features vaulted ceilings, hardwood floors, and an open-concept design that keeps everyone connected. The Kitchen is the heart of the home, offering beautiful wood-tone cabinets, a corner pantry, a centre island with breakfast bar, and a newer microhood (just 6 months old). The Dining Room has direct access to the back deck, making it easy to enjoy meals outdoors or keep an eye on the kids while they play. Two Bedrooms are on the main level, including the Primary Suite with a walk-in closet and private 3-piece Ensuite. The 4-piece main Bath includes an oversized linen closet—perfect for keeping towels and essentials organized.
Downstairs, the finished basement gives your family the extra space it needs. A large Rec Room with built-in speakers is ideal for movie nights or hangouts, and two additional Bedrooms mean everyone gets their own space (or you can finally set up that home office or guest room). With a third full Bathroom and in-floor heat for added comfort, the lower level is both practical and cozy.
Outside, the fully fenced backyard includes a storage shed and plenty of space for kids, pets, or gardening. You’ll also appreciate the two off-street parking spaces—perfect for a future garage build. Recent updates like a brand-new washer and dryer, new light fixtures, and shingles replaced just three years ago mean less to worry about and more to enjoy.
If you’ve been looking for a move-in ready family home in a location that supports your lifestyle, this one is definitely worth a closer look.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- No
- Home Style:
- Bi-Level
- Total Living Area:
- 1,183.5 sq. ft.
- Main Level Finished Area:
- 1,088.8 sq. ft.
- Lower Level Finished Area:
- Signup
- Above Grade Finished Area:
- Signup
- Below Grade Finished Area:
- 964.6 sq. ft.
- Taxes:
- Signup
- Tax Assessed Value:
- Signup
- HOA Fee Includes:
- Signup
- Lot Area:
- 4,129 sq. ft.
- Lot Frontage:
- 34'4½"
- Acres Cleared:
- Signup
- Acres Cultivated:
- Signup
- Acres Irrigated:
- Signup
- Acres Leasehold:
- Signup
- Acres Not Cultivated:
- Signup
- Acres Freehold:
- Signup
- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
- Signup
- Front Exposure:
- South
- Reg. Size:
- Signup
- Reg. Size Includes:
- Signup
- Levels:
- Bi-Level
- Total Rooms Above Grade:
- 5
- Year built:
- 2006 (Age: 19)
- Bedrooms:
- 4 (Above Grd: 2)
- Bedrooms Above Grade:
- 2
- Bedrooms Below Grade:
- 2
- Bathrooms:
- 3.0 (Full:3, Half:0)
- Plan:
- 0526098
- Heating:
- Forced Air
- Basement:
- Finished, Full
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- Yes
- Flooring:
- Carpet, Hardwood, Linoleum
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- No
- Parking:
- Off Street
- Parking Places:
- 2
- Parking Total/Covered:
- 2 / -
- Laundry Features:
- Lower Level
- Lonsdale
- Dishwasher, Microwave Hood Fan, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
- Fridge, Stove, Dishwasher, OTR microhood, Washer, Dryer, all window coverings, tv mount in living room, shed, alarm hardware (no contract) receiver box for built in speakers
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Bedroom
- 10'3" × 9'8"
- Main Floor
- Dining Room
- 13' × 8'10"
- Main Floor
- Kitchen
- 12' × 10'7"
- Main Floor
- Living Room
- 17'4" × 14'6"
- Main Floor
- Bedroom - Primary
- 13'10" × 13'
- Lower Level
- Bedroom
- 14'11" × 8'10"
- Lower Level
- Bedroom
- 13'10" × 8'8"
- Lower Level
- Game Room
- 23'10" × 16'7"
- Lower Level
- Furnace/Utility Room
- 10'1" × 8'10"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- Yes
- 3
- 8'11" x 5'8"
- Main Floor
- No
- 4
- 9'7" x 6'11"
- Lower Level
- No
- 4
- 5'10" x 8'8"
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Interior Features:
- Open Floorplan, Pantry, Walk-In Closet(s)
- Exterior Features:
- Private Yard
- Patio And Porch Features:
- Deck
- Lot Features:
- Back Lane, Back Yard, City Lot, Rectangular Lot, Standard Shaped Lot, Street Lighting
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Red Deer
- Zoning:
- R-N
- Listed Date:
- Jun 27, 2025
- Days on Mkt:
- Signup
-
Welcome to 308 Lancaster Drive! -
Affordable Bi-Level in sought-after neighbourhood
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A great home for first-time buyers or families
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Open Floor plan
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Large pantry in Kitchen
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Centre island with breakfast bar
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Microhood is only 6 months old
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Sight lines to the Living Spaces
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Photo 9 of 41
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Living Room is bright and welcoming
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Perfect for keeping an eye on the kids while in the Kitchen
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Features hardwood floors
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Dining Area with back deck access
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Photo 14 of 41
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Photo 15 of 41
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Primary Bedroom
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Easily accomodate large furniture
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With walk-in closet
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And 3 Piece Ensuite
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Bedroom #2
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Perfect for kids or a home office
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Main floor 4 Piece Bath with linen closet
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Tub/Shower Combo
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Lower level Rec Space has in-floor heat
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Built-in speakers
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Perfect for games/movies/playing
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Or turn it into a great man cave
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Photo 28 of 41
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Photo 29 of 41
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Bedroom #3
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Bedroom #4
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4 Piece Bath on the lower level
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Brand new washer and dryer
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Back deck for relaxing
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Fully-fenced yard
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Great for kids and pets
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Storage shed for tools and toys
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2 Off Street parking spaces
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Or room to build a Garage
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Located in Lonsdale
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Close to schools, amenities, and services
Virtual Tour
Listed by RE/MAX real estate central alberta
Data was last updated August 15, 2025 at 08:05 AM (UTC)
Area Statistics
- Listings on market:
- 327
- Avg list price:
- $449,000
- Min list price:
- $64,500
- Max list price:
- $2,150,000
- Avg days on market:
- 25
- Min days on market:
- 1
- Max days on market:
- 281
- Avg price per sq.ft.:
- $337.97
These statistics are generated based on the current listing's property type
and located in
Red Deer. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Diane Richardson 403.397.3706
Diane@mypadCalgary.com
Cell:
403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary
AB
T2H 2C3
CA
Featured Listing
Location: Rural Foothills County
316042 160 Avenue West
$1,900,000
MLS®#: A2219597
Bedrooms: 4
Bathrooms: 4.0
CIR Realty