For Sale

Vacant Land opportunity

5801 Lakeshore Drive · Sylvan Lake, Alberta T4S1T9

Asking price$1,250,000
Property typeVacant Land
Land area2.46 acres

The Opportunity

Overview

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. (id:61970)

Investment highlights

  1. 01Vacant Land

Property details

Property type
Vacant Land
Transaction
sale
Site area
2.46 acres
Listing brokerage
eXp Realty - Sylvan Lake
Listing representative
Kevin Lapp
Board / association
Red Deer (Central Alberta)

Financial information

Asking$1,250,000

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Location intelligence

Sylvan Lake

Documents

Source Record

Current listing facts, with attribution intact.

Source
REALTOR.ca DDF®
Listing status
active
Source ID
28890442
Last supplied
May 28, 2026
Listing brokerage
eXp Realty - Sylvan Lake
Listing representative
Kevin Lapp
Board / association
Red Deer (Central Alberta)

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Listing brokerage: eXp Realty - Sylvan Lake · Listing representative: Kevin Lapp · Board/association: Red Deer (Central Alberta) · Updated: May 28, 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.

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