Rare opportunity to build your dream home ON THE RIDGE of Wildwood Drive! Sale is for a vacant ridge lot being created by subdividing 74 Wildwood Drive SW into two long 40' frontage lots with the EAST side lot being for sale - attached photos of house renderings have been included to show development plans. Click on "Videos" to view the Arial Drone Tour! Features: Stunning valley and downtown views from 250ft above valley floor; reduced valley views from lower levels but enjoy private view of natural reserve land. Potential for three-story house plus a below-grade walkout basement, gentle slope at build site supports walkout to a long backyard. Extra 30 feet of city land in front of property offers potential for a drive under attached garage. Desirable ridge lot on wide street only 7 mins from downtown, steps to the Douglas Fir trail, Bow River pathways and schools. Beautiful mature American Elm tree in front yard (seller seeking to be preserved), provides privacy to potential street facing balconies. Lot is 7460 square feet, measuring 40’ x 180’-190’. Lot supports 32’x62’ home with 5000+ sq ft of total developed space incl/ 1900 sq ft main level, if desired. Neighbouring lot to be developed by seller as permanent family home as shown in design images. The neighbouring home has proposed side balconies on west side to support additional privacy for the two properties together. Ceiling heights proposed for neighbouring lot are 9’-10’ throughout, except 8’-8.5’ third floor and garage, plans available. Geotechnical engineering for slope is complete, rear setback line defined and supports development. Detailed streetscape survey, and a Preliminary Natural Site Assessment have been completed. Also utilize work for erosion control and drainage studies. Sale Details: Subdivided lot to be sold as vacant land. Expect removal of existing house during April 2023. The subdivide has been approved by city conditional upon removing existing structure, expect land title completion by summer 2023. Lot Restrictions: Geotechnical engineering report defined rear setback line with a safety factor of 50%, the city will require the line to be on title and is 15m back from the escarpment line as per photos. The buildable area provides plenty of room for a large home with a 1900+ sq ft footprint. The seller seeks to protect view on their third story level will impose a caveat on title limiting rear roofline/setback on third story level as shown in pictures, despite limits it supports a large third story room with rooftop patio. A geodetically defined permissible building envelope as per photos.