
Vacant Land For Sale
$3,640,000
MLS® Number: E4479043
Land Size
123.98
Vacant Land For Sale
$3,640,000
Land Size
123.98
Hwy 20 Range Rd 391, Rural Red Deer County, Alberta
About This Property
SYLVAN LAKE DEVELOPMENT OPPORTUNITY! Prime 123-acre re-development parcel on Hwy 20 across from Jarvis Bay, minutes to Sylvan Lake, Lakewood Golf Resort and key amenities. Just 25 minutes to Red Deer and 90 minutes to Edmonton and Calgary, offering strong regional access. An Area Structure Plan supports a well-designed community with single family, duplex, higher density residential, social care and commercial components. Approximately 40% of lots offer lake views, 15% park side, 15% golf course views and 3% border wetlands, with some lots featuring multiple attributes. Zoning includes R-3 and DCD-25 with alignment to municipal plans. Red Deer County supports increased density and future annexation into Sylvan Lake. Concept planning indicates potential for 950+ units, creating an excellent phased development opportunity in a high-demand recreational market.
Property Details
Land & Location
Lot Features
Agriculture
Lot Size Area
123.98 acres
Lot Size Dimensions
123.98
Parcel Number
ZZ999999999
Postal Code
T4S1T2
Listing & Financials
Listing Office
Royal LePage Noralta Real Estate
Originating System Name
REALTORS® Association of Edmonton
Other Specifications
Country
Canada
Listed By
Royal LePage Noralta Real Estate
Mortgage Calculator
Estimated Monthly Payment
$17,882
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$17,882
Principal and interest only. Actual rates may vary.