Exceptional Improved Farm Property | Lacombe County, AlbertaLocated just minutes north of Sylvan Lake and within easy commuting distance of Red Deer, this well-maintained and highly functional agricultural holding offers an excellent combination of rural privacy, quality improvements, and strong access. Fronting a paved municipal road, the property provides year-round convenience while remaining firmly rooted in productive farm country.Comprising approximately 154 acres, the land is well-suited for livestock, horse operation, or mixed agricultural use, with a blend of open pasture, gently rolling topography, and natural shelter. Portions of the land are currently utilized as pasture, with fenced and cross-fenced areas supporting livestock and equine use. A small natural valley enhances drainage and landscape character, while the overall parcel layout offers flexibility for future agricultural or lifestyle use.?Attractive Residence with Walkout BasementThe property is improved with a well-kept bungalow featuring a walkout basement, surrounded by a mature and private treed yard. The home offers a comfortable and functional layout with generous natural light and thoughtful updates throughout.Main level highlights include:•Kitchen and living room•Primary bedroom•2 additional bedrooms •Two 4-piece bathroomsLower walkout level includes:•Spacious family room•3 additional bedrooms•3-piece bathroom•Laundry and storage•Direct access to the attached garageThe home is finished with vinyl plank flooring, PVC double-pane windows, a metal roof, and vinyl siding, reflecting durability and ease of maintenance. Two fireplaces, ceiling fans, and outdoor living space further enhance comfort and enjoyment.An attached double garage provides everyday convenience and sheltered access.?Fully Serviced Heated ShopA major highlight of the property is the large, heated shop, ideal for farming operations, equipment storage, mechanical work, or h obby use. Built on a concrete slab and finished in metal interior and exterior cladding, the shop is fully serviced and thoughtfully designed.Shop features include:•Approx. 52’ x 100’ footprint•Multiple oversized overhead doors•In-floor heating•Excellent floor drainage•Bathroom facilities•Flexible interior layout with multiple baysThis is a high-quality agricultural shop that is difficult to replace at today’s construction costs.?Services & InfrastructureThe property is well-serviced with:•Natural gas•Drilled water well•Septic system•Power and private telephone line•Gravel access throughout the yard siteAll services are assumed operational and the site is considered environmentally sound.?Location & LifestyleSituated in one of Central Alberta’s most desirable rural regions, the property benefits from proximity to Sylvan Lake’s recreational amenities, Red Deer’s full commercial and medical services, and strong regional agricultural infrastructure.