***Incredible Sylvan Lake Opportunity*** It’s not every day that a property like this comes available! Here is your chance to own not one, but TWO TITLED DOUBLE LOTS right beside each other in beautiful Sylvan Lake. Each lot measures 7,483 sqft, giving you an impressive total of almost 15,000 sqft to enjoy, just a few blocks from the lakefront. On one of the lots, you’ll find the much loved “Ice Cream House” a charming character home with a colorful exterior that has become a local favorite. Inside, this one-of-a-kind property is filled with warmth and personality. It features 3 bedrooms and 1 bathroom, a spiral staircase that adds architectural charm, a cozy sunroom perfect for morning coffee, and even a painter’s nook that inspires creativity. Every corner of this home tells a story, making it an inviting place to relax and unwind. Step outside and you’ll be greeted by mature trees, established landscaping, and a garden that feels like something out of a dream. The property is both private and peaceful, yet just minutes from Sylvan’s vibrant lakefront shops, restaurants, and the beach. The possibilities here are truly endless: Enjoy the existing character home and expansive yard. Keep the Ice Cream House as-is and build another home on the second lot, perfect for extended family, a custom dream build, or future resale value. Design your ultimate lake property with room for a large home, garage, and outdoor entertaining. Hold as a long-term investment with two titled double lots, a rare opportunity in this sought-after location. Use as a full-time residence or vacation home with plenty of space for family and friends. Take advantage of Sylvan Lake’s popularity as a vacation hotspot and explore short-term rental opportunities (pending town approval). With the beach, parks, shops, and restaurants just a short walk away, this property combines the best of location, lifestyle, and potential. Whether you’re dreaming of lake life year-round, planning a summer escape, or looking for a smart investment, this is a once-in-a-lifetime chance to own a truly unique piece of Sylvan Lake!
Property Details
Price:
$399,900
MLS #:
A2259470
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Detached
Subdivision:
Central Core
Listed Date:
Sep 26, 2025
Finished Sq Ft:
1,001
Lot Size:
14,966 sqft / 0.34 acres (approx)
Year Built:
1932
See this Listing
Schools
Interior
Appliances
Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Basement
None
Bathrooms Full
1
Laundry Features
Main Level
Exterior
Exterior Features
Fire Pit, Garden, Private Yard
Lot Features
Back Lane, Back Yard, Front Yard, Garden, Private
Parking Features
Carport
Parking Total
3
Patio And Porch Features
Patio
Roof
Asphalt Shingle
Financial
Map
Community
- Address4517 & 4513 46 Street Sylvan Lake AB
- SubdivisionCentral Core
- CitySylvan Lake
- CountyRed Deer County
- Zip CodeT4S 1L2
Subdivisions in Sylvan Lake
Market Summary
Current real estate data for Single Family in Sylvan Lake as of Dec 21, 2025
96
Single Family Listed
73
Avg DOM
395
Avg $ / SqFt
$548,379
Avg List Price
Property Summary
- Located in the Central Core subdivision, 4517 & 4513 46 Street Sylvan Lake AB is a Single Family for sale in Sylvan Lake, AB, T4S 1L2. It is listed for $399,900 and features 3 beds, 1 baths, and has approximately 1,001 square feet of living space, and was originally constructed in 1932. The current price per square foot is $400. The average price per square foot for Single Family listings in Sylvan Lake is $395. The average listing price for Single Family in Sylvan Lake is $548,379. To schedule a showing of MLS#a2259470 at 4517 & 4513 46 Street in Sylvan Lake, AB, contact your Harry Z Levy | Real Broker agent at 403-681-5389.
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4517 & 4513 46 Street
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