Prime Time at Peavine

Sold on May 29, 2023
from 3:00 PM to 4:00 PM UTC

Location
Barrhead, AB
Sale Size
2 Parcels
Final
$370K - $740K

498 Acres selling as 2 Parcels situated 22 miles SW of Barrhead, Alberta. Just 4 miles off the blacktop on Highway 18, this land is ideal for the mixed farmer looking for additional crop production and pasture requirements. The additional acres due to the location of the correction line are a bonus.

Available Parcels

Map of Prime Time at Peavine
Parcel Name Parcel 1Parcel Size 332 ± AcresFinal $740,000View Details & Offer
Parcel Name Parcel 2Parcel Size 166 AcresFinal $370,000View Details & Offer

Sale Description

Mark your calendars for May 29, when 498 acres will be sold as 2 Parcels. Located between Barrhead and Whitecourt, Alberta, ‘Prime Time at Peavine’ will provide last-minute, prime-time acres that are ready for the 2023 farming season. Quoting the April 13 report from the Westlock Auction Market, with 500 lb Steers topping out at $3.49 a pound, cash flow will be apparent this year. 'Prime Time at Peavine’ is ripe with opportunity and ready for new owners to expand their existing land base. The current proprietors have farmed and ranched on this land for decades. Their impeccable hay crop rotation practices make this the type of project that you can buy into with confidence and reap the rewards of decades of good husbandry.

Prime Time at Peavine

Prime Time at Peavine

As the agricultural community can attest, the cost of farmland has skyrocketed out of reach in many areas. For example, look at values near the Hamlet of Neerlandia, located just 35 minutes away where land is trading for over $7,000 per acre. 'Prime Time at Peavine' is packed full of value and may appeal to potential buyers that are boxed in at their current location. These two Parcels are ideal for the grain or mixed farmer. Most of the fences are in order, there is plenty of water, and the large rolling fields with adequate drainage in place maximize the arable acres.

Located a mere 1 hour and 24-minute drive from West Edmonton Mall, 'Prime Time at Peavine’ offers an excellent investment opportunity for outdoor enthusiasts. It is very common to see a record buck or a herd of elk passing through. Ideally situated just 4 miles off the blacktop of Highway 18, ‘Prime Time at Peavine’ is just far enough away to feel secluded, but not too far off the beaten path that one needs to worry about rock chips on the Land Rover.

Prime Time at Peavine

Prime Time at Peavine

With so much uncertainty in the world, buying farmland in Canada provides the hard assets that are proven to help offset our current climate of inflation. Farm, bale, stay or graze: the decision to bid on ‘Prime Time at Peavine’ on sale day will allow the proud new owners to look back in the Fall and be thankful that they did.


Prime Time at Peavine is being offered for sale via online escalating tender by CLHbid.com. Check the website for updates from time to time. The property may be viewed by interested registered bidders. Please contact us by email at info@clhbid.com for an appointment. As a law firm, CLHbid never discloses bidder's names to any party, including the Seller. Only the successful buyer's name is ever disclosed to the Seller as part of the closing process.

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