37
See all 37 photos
$6,900,000
Est. payment /mo
123.98 Acres Lot
New
Highway 20 Township Road 391 Sylvan Lake, AB T4S1T2
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Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID A2186720
Originating Board Calgary Real Estate Board
Lot Size 123.980 Acres
Acres 5400569.0
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! (id:24570)
Location
Province AB
Exterior
Parking Features No
Fence Not fenced
Community Features Golf Course Development, Lake Privileges, Fishing
View Y/N Yes
View View
Private Pool No
Building
Lot Description Fruit trees
Others
Ownership Freehold
Listed by Century 21 Bamber Realty LTD.
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