48 Lakeview Rd 94.75 Acres of Agricultural Land Offered at $2,796,701 USD in Halfmoon Bay, AB T4S 1S1

Waterfront development opportunity on Sylvan Lake, adjacent to the established hamlet of Half Moon Bay. This parcel offers long-term potential for residential subdivision, with current Agricultural zoning and the potential for future residential rezoning. Located on a spring-fed lake that stretches over 15 kilometres, it is bordered by established communities such as Norglenwold, Sunbreaker Cove, Jarvis Bay, Birchcliff, and The Slopes. Less than 5 km from Sylvan Lake—a year-round destination attracting over 1.5 million visitors annually—the site has convenient access via paved Township Road 390 and is close to Highway 11, enhancing connectivity. Recent infrastructure investment further supports development potential. In March 2025, the Government of Alberta awarded $940,000 to Half Moon Bay for construction of an internal wastewater collection system. An additional $12.7 million grant to the Sylvan Lake Regional Wastewater Commission will fund a regional line connecting Half Moon Bay to the Town of Sylvan Lake. A 1.98-acre lift station site, subdivided in 2021, forms part of this network and directly benefits the subject property. These enhancements reinforce the site’s suitability for phased recreational or residential development.