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7 days on Market

49 Neilson Drive, Island Lake South, Alberta T9S1S1

Detached
3
2
~1520.00 sqft
$399,000
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Detached
3
2
~1520.00 sqft

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Highlights

Property Estimate

Days on market7 days

Estimated valueNot available

Price/Sqft$262/sqft

Monthly cost

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Description

Lakefront living on a large, private half-acre lot in the sought-after community of Island Lake South! This well-maintained 2005 Winalta home offers 3 bedrooms and 2 bathrooms, fully serviced for year-round enjoyment. The spacious primary bedroom features a walk-in closet and 4-piece ensuite. A bright, functional kitchen with island and ample cabinetry flows into the dining area and large living room, complete with a cozy wood-burning fireplace. Two additional bedrooms, another 4-piece bath, and a lake-facing nook/den provide flexible space for guests, family, or a home office. Step outside and take in the peaceful setting — enjoy quiet mornings overlooking the water and evenings gathered around the fire with friends and family. With pavement all the way to the property and just a short 2-minute walk to the outdoor rink, tennis and pickleball courts, and the newly renovated community hall, this location offers both convenience and community connection. The property is serviced with a 1,500-gallon cistern for water and a 1,500-gallon holding tank for sewer. Known as one of Alberta’s cleanest lakes, Island Lake offers exceptional recreation and a fantastic community atmosphere. Lakefront properties here under $500,000 are hard to find — start living the lake life today!


Property Details

StyleBungalow
View-
Age of property2005
SqFt~1520.00 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2289176
Community NameIsland Lake South
Data SourcePILLAR 9
Listing byRoyal LePage Premier Real Estate

Features

Heating: Forced Air

Main Floor

Living Room

13`11" x 18`8"

Dining Room

8`11" x 11`8"

Kitchen

9`10" x 20`6"

Family Room

9`1" x 18`8"


Features

Patio: Deck

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Feb 27, 2026
ListedActive
$399,000
7 days on market
history photo preview45
Listing by pillar 9®
Property listed by Royal LePage Premier Real Estate, Brokerage
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Market Data - Island Lake South

Geo Zone Map ThumbnailIsland Lake South

Strong Seller's Market

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Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

0 day

2024

0 day

New Listings

Past 30 days

1 listing

Compared to

2025

0 listing

2024

0 listing

Units sold

Past 30 days

0 unit

Compared to

2025

0 unit

2024

0 unit

Median Sold Price

Past 30 days

$0

Compared to


Population and Demographics

Overview

Total population 29

Age (%)

0 to 19
13%
20 to 34
25%
35 to 49
13%
50 to 64
37%
65 and plus
13%

Household composition (%)

Single family
50%
Single person
37%
Multi person
12%
Multi family
0%

Mother tongue (%)

English
100%
Others
0%

House tenancy (%)

Owners
82%
Renters
18%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget