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Highway 20 Township Road 392
Sylvan Lake, AB T4S 1T2
Land For Sale · 123.98 AC

Investment Highlights

  • Location - Sylvan Lake is a Stunning Cottage Community located 90 minutes from Calgary and Edmonton and 25 minutes from Red Deer
  • Community Support - Both Red Deer County and Sylvan Lake support residential growth and potential annexation into the town limits
  • Views - 40% Lake Views - 15% Golf Course Views - 15% Park Views - 3% Pristine Wetlands Views

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Master Planned Community
  • Single Family Development
Total Lot Size 123.98 AC
Cross Streets Hwy 20
Zoning DCD-25 - Direct Control District

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 most recent plan with the amended rules The 2013 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!

  • Listing ID: 34695433

  • Date on Market: 2/2/2025

  • Last Updated:

  • Address: Highway 20 Township Road 392, Sylvan Lake, AB T4S 1T2

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