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Listed by Colleen A Roenspies • Royal LePage Noralta Real Estate
$ 3,640,000
Active
Hwy 20 Range Rd 391 Rural Red Deer County, AB T4S 1T2
123.98 Acres Lot
Key Details
Property Type Rural
Sub Type Vacant Lot/Land
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4479043
Lot Size 123.980 Acres
Acres 123.98
Property Sub-Type Vacant Lot/Land
Property 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.
Location
Province AB
Area None
Zoning Zone 92
Exterior
Exterior Feature Backs Onto Park/Trees, Golf Nearby, Schools, Shopping Nearby
Others
Tax ID 0038415734
Ownership Judicial Sale
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