pillar/IMG-A2351682_1.jpg
3 days on Market

401 4 St #501 & 502, Rural Cypress County, Alberta T0J 1C0

In the same building:
-
Condo
2
2
~1041.00 sqft
$169,000
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Condo
2
2
~1041.00 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$162/sqft

Monthly cost

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Description

Some Places Are Worth Visiting. Elkwater Is Worth Owning! Imagine waking up in the Cypress Hills with no particular plans and an entire day to enjoy them! Coffee in the morning sunshine, a walk through the trees, perhaps an afternoon on the lake or a round of golf. Maybe you'll spend the whole day exploring, or maybe you'll find a comfortable spot and decide the view is entertainment enough. That's the beauty of Elkwater. There's plenty to do, and absolutely no reason to rush! Located at Elkwater Lake Lodge, units 501 and 502 are being sold together, offering a unique opportunity to own two adjoining suites that can be enjoyed independently or combined through an interior connecting door. The main suite features a full kitchen, dining area, living room with fireplace, a separate bedroom, and a spacious bathroom with a soaker tub and shower. The adjoining studio suite provides additional sleeping space, a sink, bar fridge, microwave, and its own bathroom with shower. Step outside to the lodge's treed grounds and enjoy the fresh air and beautiful natural surroundings. With an indoor swimming pool and on-site dining, there are even a few reasons to spend the day right at the lodge! And there's no need to pack away the fun when summer ends. Autumn brings colourful trails and crisp mornings, while winter opens the door to downhill skiing, cross-country skiing, skating, and snowshoeing. Every season offers a different way to experience this beautiful corner of Alberta. Here's where ownership gets interesting! Both suites come fully furnished, so everything is ready for you to start enjoying your time in Elkwater. Owners can enjoy up to 120 days of personal use each year, subject to availability, while the suites participate in the lodge's managed rental pool for the remainder of the year. The hotel handles guest bookings, cleaning, and maintenance, with rental revenue split 60% to the owner and 40% to the hotel. The owner's portion is applied toward condominium fees, with electricity paid separately by the owner. There's something pretty special about having a place in one of Alberta's most beautiful destinations. A place to make memories, spend time with the people you love, and enjoy a change of scenery whenever the opportunity comes along. With the comforts of your own space and the conveniences of a resort, this is an opportunity to make the Cypress Hills part of your story for years to come!


Property Details

StyleApartment-Single Level Unit
View-
Age of property2006
SqFt~1041.00 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberA2351682
Community NameCypress County
Data SourcePILLAR 9
Listing byReal Estate Centre

Features

Heating: Forced Air,Natural Gas
Cooling: Central Air

Main Floor

Living Room

10`8" x 13`1"

Dinette

15`1" x 8`0"

Bedroom

15`4" x 11`1"

Kitchen

11`6" x 8`4"


2Story
Amenities

Indoor Pool, Laundry, Snow Removal

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Oct 9, 2026
ListedActive
$169,000
3 days on market
history photo preview24
Listing by pillar 9®
Property listed by Real Estate Centre, Brokerage
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Market Data - Cypress County

Geo Zone Map ThumbnailCypress County

Strong Seller's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

26 days

Compared to

2025

29 days

2024

38 days

2023

37 days

New Listings

Past 30 days

18 listings

Compared to

2025

15 listings

2024

13 listings

2023

18 listings

Units sold

Past 30 days

15 units

Compared to

2025

17 units

2024

9 units

2023

12 units

Median Sold Price

Past 30 days

$214,900

Compared to

2025

$209,000

2024

$153,000

2023

$212,500


What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget