THIS LONG ADMIRED HOMESITE NOW RESIDES ON 15.96 PREMIUM LAKE AND TOWN VIEW ACRES.  Here’s your opportunity to own this ideally located acreage with stunning lake, mountain, and town views. The yard sits high above paved Hwy 20 frontage and Central Alberta''s most popular tourist-recreation lake destination – SYLVAN LAKE.  Classic 1964 farmhouse – 1,185 SF 3 bed/2 bath bungalow with partial basement development and single garage attached by breezeway accessible from the front and back yard. The home has a solid layout that could easily be renovated, updated, or moved off to make way for your DREAM HOME on this site. Tiered front deck for entertaining and taking in the incredible views. The landscaped yard has a large shelter belt with mature trees and fruit trees, large lawns and recently constructed driveway and automatic entry gate. Chain-link fenced back yard area for children or pets to safely run and play. Outbuildings include a classic hip roof barn on concrete with power, 40''x56'' heated arch rib Quonset on concrete with newer rollup door and welding plug, garden shed and 32''x60'' open-faced shed with enclosed end section. 2 privately owned water wells for the house and the yard.  Septic has been upgraded with a brand new large capacity tank (holding tank – no field currently).  Great location – close to golf courses, public boat launch across the road, town, schools and all that Sylvan Lake has to offer.  BONUS – annual income includes surface lease revenue from a Town of Sylvan Lake water well ($9033.53 +/- annual with 2% annual increase).  DO NOT MISS THIS OPPORTUNITY!!
Property Details
Price:
$1,244,999
MLS #:
A2135963
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Detached
Listed Date:
Jun 14, 2024
Finished Sq Ft:
1,298
Lot Size:
695,217 sqft / 15.96 acres (approx)
Year Built:
1964
See this Listing
Schools
Interior
Appliances
Dishwasher,  Dryer,  Range  Hood,  Refrigerator,  Stove(s),  Washer,  Water  Softener
Basement
Full
Bathrooms  Full
1
Bathrooms  Half
1
Laundry  Features
In  Basement
Exterior
Exterior  Features
Dog  Run,  Private  Yard,  Storage
Lot  Features
Views
Outbuildings
Shed,  Barn,  Quonset
Parking  Features
Single  Garage  Attached
Patio  And  Porch  Features
Deck
Roof
Asphalt  Shingle
Sewer
Septic  Field,  Septic  Tank
Financial
Map
Community
- Address1262 Township Road 391 Rural Red Deer County AB
 - CityRural Red Deer County
 - CountyRed Deer County
 - Zip CodeT4S 0A7
 
Subdivisions in Rural Red Deer County
- Balmoral Heights
 - Belich Business Park
 - Blindman Industrial Park
 - Blindman Ridge
 - Burnt Lake Agri Park
 - Burnt Lake Indust. Park
 - Canyon Heights
 - Carefree Resorts
 - Clearview Indust. Park
 - Dancey Estates
 - Energy Business Park
 - Forest Green
 - Garrington Acres
 - Gasoline Alley
 - Gleniffer Lake
 - Joffre Bridge
 - Kayton Estates
 - Kountry Meadows
 - Liberty Landing
 - Meadow Ridge
 - Mintlaw Bridge Estates
 - Petrolia Indust.
 - Pine Lake West
 - Piper Creek Business Park
 - Red Lodge Estates
 - Sandy Cove
 - Silver Lagoon
 - Spruce Bay Resort
 - Stone Ridge Estates
 - Sundance Hills
 - Valley Meadows
 - Valley Ridge Estates
 - Waskasoo Estates
 - Whispering Pines
 - Woodland Hills
 
Market Summary
Current real estate data for Single Family in Rural Red Deer County as of Nov 04, 2025
57
Single Family Listed
107
Avg DOM
558
Avg $ / SqFt
$995,870
Avg List Price
Property Summary
- 1262 Township Road 391 Rural Red Deer County AB is a Single Family for sale in Rural Red Deer County, AB, T4S 0A7.  It is listed for $1,244,999 and features 4 beds, 2 baths, and has approximately 1,298 square feet of living space, and was originally constructed in 1964. The current price per square foot is $959.  The average price per square foot for Single Family listings in Rural Red Deer County is $558.  The average listing price for Single Family in Rural Red Deer County is $995,870.  To schedule a showing of MLS#a2135963 at 1262 Township Road 391 in Rural Red Deer County, AB, contact your Walter Saccomani | Real Broker agent at 4039035395.
 
Similar Listings Nearby

1262 Township Road 391
Rural Red Deer County, AB

