This is a rare opportunity to own a charming 1.5-storey home just half a block from the beach in Sylvan Lake''s most desired Cottage Area. Enjoy a relaxed lakeside lifestyle in this beautiful property — perfect as a year-round home, a family retreat, or a turnkey short term rental investment (with town approval). The main floor features an inviting open-concept layout with soaring vaulted ceilings and large windows that flood the space with natural light, creating a bright and grand feel throughout the kitchen, dining, and living areas. A 4-piece bathroom and convenient main-floor bedroom complete this level. Upstairs, the upper level offers two spacious bedrooms and a 2-piece bathroom, ideal for family, kids, or guests. There’s also a crawlspace for extra storage which houses the hot water tank, furnace, and sump pump. Currently operating as a short-term rental, this property is being sold fully furnished, including all household items (minus the staging decor)— truly turnkey and income-ready from day one! The backyard is an entertainer’s dream with a large deck, string lighting, a cozy firepit area, alley access, and plenty of parking — the perfect spot to unwind after a day at the beach. Just steps to the lake, shoreline, and walking paths, this property offers the relaxed lake lifestyle you’ve been waiting for — combined with an excellent investment opportunity in one of Sylvan’s most desirable areas. Beautifully decorated and move-in ready — this home is the complete package! Recent updates include new vinyl plank flooring in kitchen and living room, hot water tank (2023), gas stove, gravel pad in rear, added laundry into main room closet.
Property Details
Price:
$609,000
MLS #:
A2264251
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Cottage Area
Listed Date:
Oct 14, 2025
Finished Sq Ft:
1,240
Lot Size:
5,600 sqft / 0.13 acres (approx)
Year Built:
1998
See this Listing
Schools
Interior
Appliances
Gas Range, Refrigerator, Washer/Dryer
Basement
See Remarks
Bathrooms Full
1
Bathrooms Half
1
Laundry Features
Main Level
Exterior
Exterior Features
Fire Pit, Private Yard
Lot Features
Back Lane, Back Yard, Front Yard
Parking Features
Gravel Driveway, Parking Pad
Parking Total
4
Patio And Porch Features
Deck
Roof
Asphalt Shingle
Financial
Map
Community
- Address5023 36 Street Sylvan Lake AB
- SubdivisionCottage Area
- CitySylvan Lake
- CountyRed Deer County
- Zip CodeT4S 1B2
Subdivisions in Sylvan Lake
Market Summary
Current real estate data for Single Family in Sylvan Lake as of Oct 21, 2025
114
Single Family Listed
61
Avg DOM
402
Avg $ / SqFt
$551,773
Avg List Price
Property Summary
- Located in the Cottage Area subdivision, 5023 36 Street Sylvan Lake AB is a Single Family for sale in Sylvan Lake, AB, T4S 1B2. It is listed for $609,000 and features 4 beds, 2 baths, and has approximately 1,240 square feet of living space, and was originally constructed in 1998. The current price per square foot is $491. The average price per square foot for Single Family listings in Sylvan Lake is $402. The average listing price for Single Family in Sylvan Lake is $551,773. To schedule a showing of MLS#a2264251 at 5023 36 Street in Sylvan Lake, AB, contact your Walter Saccomani | Real Broker agent at 4039035395.
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