The Opportunity

Overview

LAKEFRONT LOT ON CHESTERMERE LAKE!! BUILD YOUR DREAM HOME!! FACING THE GOLF COURSE AND BACKING ONTO CHESTERMERE LAKE — THE BEST OF BOTH WORLDS!! 17,424 SQFT!! DOCK + BOAT LAUNCH INCLUDED!! A rare opportunity to own 50 ft of frontage and an impressive 359.41 ft of depth on one of Chestermere’s most desirable lake-adjacent streets. This deep, rectangular lot offers endless potential for development — design and build the custom home you’ve always envisioned, with plenty of room for a luxury residence, oversized garage, and outdoor living spaces. Enjoy direct lake enjoyment with your private dock and boat launch, perfect for boating, paddleboarding, and year-round lake activities. Properties in this location are extremely hard to find — surrounded by stunning estate homes and offering peaceful lake views right from your backyard. Located just minutes from schools, shopping, parks, restaurants, and HWY 1 for an easy commute to Calgary. Whether you’re looking to build your forever home or secure a premium investment property, this lot delivers unmatched potential. Your dream lakeside lifestyle starts here. (id:61970)

Investment highlights

01Vacant Land

Property details

Property type: Vacant Land
Transaction: For sale
Site area: 0.4 acres
Listing brokerage: Real Broker
Listing representative: Gary Banipal
Board / association: Calgary

Financial information

Asking price$1,149,900

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Location intelligence

492 West Chestermere Drive
Chestermere, Alberta T1X1B3

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Documents

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From interest to a decision

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Property diligence resources

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Acquisition criteria workpaperDefine required, preferred and flexible mandate criteria →Property tour and comparison scorecardCompare this opportunity against the real requirement →Phase I environmental site assessmentHistory, records, observations and professional findings →Environmental records and contaminated sitesERV, AER records, certificates and search limitations →Commercial property due diligenceCoordinate every acquisition workstream →Commercial buyer representationAcquisition scope, agency, conflicts, information, compensation and exit →Commercial real estate appraisalPurpose, scope, evidence, reliance and report review →Assessment and property taxesAssessment dates, methods, tax allocation and review →Due diligence document requestTitle, permits, environment, leases and operations →Permit and occupancy recordsApplications, inspections, completion and use →Selling commercial propertyOwner objectives, evidence, marketing, offers and closing →Commercial pricing and positioningProperty interest, buyer audience, evidence and launch strategy →Commercial offering memorandumSource control, analysis, privacy, attribution and corrections →Public vs. confidential marketingReach, disclosure, qualification and reporting controls →Buying tenant-occupied commercial propertyLease, rent roll, tenant evidence and closing continuity →Triple net lease investmentsExpense allocation, tenant covenant, remaining term and owner exposure →Commercial lease rollover riskExpiries, renewal uncertainty, downtime and leasing capital →Commercial tenant covenant reviewLegal obligors, payment evidence, financial capacity and privacy →Lease security and letters of creditAmount, custody, expiry, draw and closing transfer →Insurance due diligenceProperty facts, loss history, limits and closing →Replacement cost and loss historyReconstruction assumptions, claims and repairs →Building condition assessmentSystems, records and physical findings →Capital expenditure planTiming, cost basis and scenarios →Inspection accessAuthority, testing and deadlines →Alberta title searchParcels, ownership and registrations →Registered interestsCaveats, easements and rights →Survey plans and boundariesPlans, access and occupation →

Source Record

Current listing facts, with attribution intact.

Source: REALTOR.ca DDF®
Listing status: active
Source ID: 30299100
Last supplied (UTC): October 15, 2026
Listing brokerage: Real Broker
Listing representative: Gary Banipal
Board / association: Calgary

Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.

Listing brokerage: Real Broker · Listing representative: Gary Banipal · Board/association: Calgary · Updated (UTC): Oct 15, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.