pillar/IMG-A2135963_1.jpg
1 year on Market

1262 Township Road 391, Rural Red Deer County, Alberta T4S 0A7

Detached
3 + 1
2 + 1
~1298.60 sqft
$•••,•••
$1,244,999
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Detached
3 + 1
2 + 1
~1298.60 sqft

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Highlights

Property Estimate

Days on market1 year

Estimated valueNot available

Price/Sqft$958/sqft

Monthly cost

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Description

Perched high above the shimmering waters of Central Alberta’s premier recreation destination, this 15.96-acre estate offers a vantage point like no other. Imagine waking up to sweeping mountain, town, and lake views from your custom-built dream home or a masterfully renovated vintage farmhouse. This isn’t just a homesite; it’s a lifestyle and a savvy investment combined. The property features a classic 1964 bungalow with a solid foundation for renovation, a recently upgraded septic system, and a secure automatic entry gate. For the hobbyist or entrepreneur, the infrastructure is unparalleled: a heated 40'x56' arch-rib Quonset, a classic hip-roof barn, and multiple sheds. The Ultimate Bonus: Enjoy an immediate $9,000+ annual revenue stream from a Town of Sylvan Lake water well lease—featuring a 2% annual increase. Located steps from the public boat launch, world-class golf, and town amenities, this is the rare opportunity to own the "best seat in the house" while the land pays you to stay.


Property Details

StyleAcreage with Residence,Bungalow
View-
Age of property1964
SqFt~1298.60 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberA2135963
Community NameRed Deer County
Data SourcePILLAR 9
Listing byCIR Realty

Features

Heating: Forced Air,Natural Gas
Basement: Full,Finished

Main Floor

4pc Bathroom

35`6" x 21`1"

Bedroom

35`6" x 30`7"

Bedroom

31`9" x 35`10"

Dining Room

35`0" x 44`7"


Features

Patio: Deck

Property History

Jun 14, 2024
ListedActive
$1,244,999
1 year on market
history photo preview34
Listing by pillar 9®
Property listed by CIR Realty, Brokerage
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Market Data - Red Deer County

Geo Zone Map ThumbnailRed Deer County

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

40 days

Compared to

2025

32 days

2024

45 days

2023

48 days

New Listings

Past 30 days

240 listings

Compared to

2025

243 listings

2024

245 listings

2023

265 listings

Units sold

Past 30 days

140 units

Compared to

2025

133 units

2024

154 units

2023

160 units

Median Sold Price

Past 30 days

$443,750

Compared to

2025

$459,900

2024

$405,450

2023

$365,500


What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget