Primary photo of Hwy 20 Range Rd 391, Rural Red Deer County
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Vacant Land For Sale

$3,640,000

MLS® Number: E4479043

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

Mortgage Calculator

20% ($728,000)
5.5%
25 Years

Estimated Monthly Payment

$17,882

Principal and interest only. Actual rates may vary.

Location & Map

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