5801 Lakeshore Drive Sylvan Lake, AB T4S 1T9
Listing Courtesy of: PILLAR 9 - IDX / Listed By: eXp Realty Sylvan Lake

  5801 Lakeshore Drive Sylvan Lake, AB T4S 1T9

Active (343 Days)
$1,250,000 (CAD)
2.46
ACRES
See Similar Listings

Description

Prime multi-family development opportunity on Lakeshore Drive in Sylvan Lake! This 2.46-acre parcel is one of the last large development sites along the lakefront corridor and is ideally suited for future higher-density residential under the Town’s Urban Neighbourhood policy. The property is currently zoned Future Designation, requiring an Outline Plan and rezoning, but its location and size make it a standout candidate for townhomes, stacked townhouses, or low-rise multi-family. Surrounded by established neighbourhoods and within walking distance to the lake, schools, and amenities, this site offers unmatched potential for a signature residential project. Existing improvements include an older bungalow, barn, and quonset, with value placed on the land for redevelopment. A rare chance to secure premium infill land in one of Central Alberta’s fastest-growing communities.

MLS®:
A2258600
Lot Size
2.46 acres
Type
Land
County
Red Deer County

Listed By

Kevin Lapp, eXp Realty Sylvan Lake
Source
PILLAR 9 - IDX
Last checked Aug 28 2026 at 9:11 AM EDT
Bathroom Details
Subdivision
  • None
Property Features
  • Fireplace: Total Fireplace(s) : 0

Listing Price History

Date
Event
Price
% Change
$ (+/-)
May 28, 2026
Price Changed
$1,250,000
-7%
-$100,000
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Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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