Homes for sale - Highway 20 Township Road 391, Sylvan Lake, AB T4S ...

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Deanna McFarlane

realestatebydea@gmail.com +1(403) 919-0679

$ 5,900,000

Est. payment | -/mo

123.98 Acres Lot

Save Virtual Tour

$ 5,900,000

Est. payment | -/mo

Save Virtual Tour

123.98 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Residential Land

Listing Status Active

Purchase Type For Sale

MLS® Listing ID A2186720

Originating Board Calgary

Annual Tax Amount $4,540

Tax Year 2024

Lot Size 123.980 Acres

Acres 123.98

Property Sub-Type Residential Land

Property Description

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!

Location

Province AB

County Red Deer County

Zoning DCD-25

Interior

Inclusions Farm House

Exterior

Fence None

Community Features Fishing, Golf, Lake, Park, Playground, Schools Nearby, Shopping Nearby

Waterfront Description See Remarks

Building

Lot Description Corner Lot, Farm, Few Trees, Fruit Trees/Shrub(s), Gentle Sloping, Irregular Lot, Near Golf Course, Pasture, Private, See Remarks, Views

Water Other

Others

Restrictions None Known

Tax ID 91596170

Ownership Private

Virtual Tour https://drive.google.com/drive/folders/1aMwAXAfMvFnkUiP3jQrORVeuz9GkWk91?usp=sharing

Listed by Century 21 Bamber Realty LTD.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 919-0679

realestatebydea@gmail.com

#210 7015 Macleod Trail

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