Hwy 20 Range Rd 391
Rural Red Deer County, Alberta
MLS® E4479043
$3,640,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- E4479043
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 22Listing description
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 summary
- MLS® number
- E4479043
- Property type
- Vacant Land
- Building type
- No Building
- Land size
- 123.98 acres
- Days on market
- 154 days
Features & details
- Lot features
- Agriculture
What would this home cost you?
Based on the $3,640,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage Noralta Real Estate, Edmonton.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.