Discover the rare opportunity to create the ultimate acreage lifestyle in the sought-after community of Buena Vista. Perched at the top of the valley by the water tower, this remarkable 4.99-acre property showcases breathtaking views of Last Mountain Lake and the surrounding landscape, offering the perfect setting to build your dream home, private retreat, or future investment project. With its elevated location and expansive footprint, the land presents endless possibilities. Whether you envision a luxury custom acreage with room for a shop, guest house, outdoor entertainment spaces, and extensive landscaping, or you are exploring the potential for multiple building sites, this property is ready for your vision. Subject to approval from the Village of Buena Vista, there may be subdivision potential to create more than one lot, making this an exciting opportunity for developers, investors, or families looking to build close together. The existing one-and-a-half-storey home, originally built in 1960, adds charm and flexibility to the property. Offering 860 square feet with 1 bedroom and 1 bathroom, it could serve as a cozy year-round residence, guest house, or temporary home base while planning future development. Recent updates within the past two years include new main-floor windows and shingles. The property has also been enhanced with a new row of trees and lilac bushes, along with two storage sheds for added convenience. An additional bonus is the rentable lakefront spot currently on hold for the new owner, providing the opportunity to install a dock or boat lift on the Buena Vista waterfront. Located just a short drive from Regina, this is a truly unique chance to secure an incredible piece of land with unmatched views, space, and future potential. Opportunity is knocking - Call today!