For Sale

Vacant Land · MLS® E4479043

Hwy 20 Range Rd 391

Rural Red Deer County, Alberta

$3,640,000123.98 acres
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MLS® NumberE4479043

Listing brokerageRoyal LePage Noralta Real Estate

Property overview

Commercial opportunity in Rural Red Deer County

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. (id:66955)

Property details

Property Type
Commercial
Property Sub Type
Vacant Land
Transaction Type
For Sale
Listing Status
Active
List Price
$3,640,000
Building Type
No Building
Total Building Area
123.98 acres

Community

None (Rural Red Deer County)

Amenities

Agriculture

Information is provided for general reference and is subject to confirmation. Live listing data is supplied through REALTOR.ca DDF®.

Property location

See the location and surrounding area.

Hwy 20 Range Rd 391, Rural Red Deer County, Alberta

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