20 Highway Active

Sylvan Lake,AB T4S 1Z7

$ 2480000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID A2118089

Originating Board Central Alberta

Annual Tax Amount $3,900

Tax Year 2023

Lot Size 44.000 Acres

Acres 44.0

Property Description

An excellent opportunity for a developer looking to create a vibrant and well-planned community. The fact that the area already has an approved ASP in place streamlines the development process, providing a clear framework for land use, infrastructure, and amenities. The mixture of residential lots and commercial frontage offers diversity and convenience for residents, allowing for a balanced community with access to essential services and amenities within walking distance. With approximately 113 residential lots of varying sizes, developers have flexibility in catering to different housing needs and preferences, accommodating families, retirees, and individuals alike. Commercial frontage adds value to the development by providing opportunities for local businesses, retail shops, restaurants, and services, enhancing the overall livability and economic viability of the area. Located at the edge of Sylvan Lake, backing on to a golf course and within walking distance to the lakefront. A well-planned development ensures efficient land use, thoughtful design, and consideration for infrastructure, transportation, green spaces, and community facilities, fostering a cohesive and attractive neighborhood. This community offers residents easy access to recreational activities, waterfront amenities, enhancing quality of life, and property value. Sylvan Lake is likely to appeal to a wide range of buyers and investors, making it an attractive opportunity for developers seeking strong market demand. In summary, the combination of an approved ASP, mixed-use development potential, proximity to Sylvan Lake, and a well-planned layout makes this area an appealing opportunity for developers to create a thriving and desirable community.

Location

State AB

County Red Deer County

Zoning FD

Exterior

Fence Partial

Others

Restrictions None Known

Tax ID 84871362

Ownership Other

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