$5,900,000
FOR SALE

Land

Highway 20 Township Road 391
Sylvan Lake, AB T4S 1T2

SYLVAN LAKE DEVELOPMENT OPPORTUNITY! CALLING ALL INVESTORS AND DEVELOPERS! This Quarter-section (123 acre parcel) is situated in the heart of the Central Alberta Region on Highway 20. To the west is the Summer Village of Jarvis Bay, to the north is TWP Road 391, to the east is the Lakewood Golf Resort and to the south is open farm land which stretches 0.8 kilometers to the town of Sylvan Lake. This Property is located 25 minutes west of Red Deer, and 90 minutes from Calgary and Edmonton. The area structure plan in place consists of 80 single family homes, 260 duplexes, one social care and 2 commercial lots. The lots are Approximately 40% -lakeview, 15% - park side, 15% - Golf Course views and 3% -border pristine wetlands. The farmhouse is currently tenanted. There is a surface lease in place. The Zoning is for Residential Low Density District “R-3” and Direct Control District No.25 “DCD-25” and deemed that the subdivision as proposed complies with The Municipal Government Act, The Municipal Development Plan, The Sylvan Lake/Red Deer County Intermunicipal Plan, The Sanbar Local Area Structure Plan and The Land Use Bylaw. Contact us today for more information! (id:47421)
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Listed By Century 21 Bamber Realty LTD.
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2186720
Last Updated Feb 06, 2025
Property Summary
Property Type Land

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Price History

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Detailed Information
Amenities Nearby Golf Course, Park, Playground, Schools, Shopping, Water Nearby
Community Features Golf Course Development, Lake Privileges, Fishing
Features See remarks
Listing Contract Date 2025-01-13
Municipal ID 0038415734
Ownership Type Freehold
Property Type Vacant Land
Transaction Type For sale
Views View
Zoning Description DCD-25
Building
Age Age is unknown
Utility Water See Remarks
Land
Total Size 123.98 acres
Acreage Yes
Amenities Golf Course, Park, Playground, Schools, Shopping, Water Nearby
Fence Type Not fenced
Landscape Features Fruit trees
Size of Irregular Land 123.98
External Links

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