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45 Days on Market

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

$1,499,000
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Detached
3 + 1
2
~1298.60 sqft

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Highlights

Estimated Value$939,000*

Price/Sqft$1,154/sqft

Days On Market45 days

Est. Mortgage$6,438/mth

Tax Amount (2024)-

*Last updated on: 24/07/29

Description

IT’S BEEN SUBDIVIDED!! THIS LONG ADMIRED HOMESITE NOW RESIDES ON 15.94 PREMIUM LAKE AND TOWN VIEW ACRES. Here’s your opportunity to own this ideally located acreage with stunning lake, mountain, and town views. The yard sits high above paved Hwy 20 frontage and Central Alberta's most popular tourist-recreation lake destination – SYLVAN LAKE. Classic 1964 farmhouse - 1,185 SF 3 bed/2 bath bungalow with partial basement development and single garage attached by breezeway accessible from the front and back yard. The home has a solid layout that could easily be renovated, updated, or moved off to make way for your DREAM HOME on this site. Tiered front deck for entertaining and taking in the incredible views. The landscaped yard has a large shelter belt with mature trees and fruit trees, large lawns and recently constructed driveway and automatic entry gate. Chain-link fenced back yard area for children or pets to safely run and play. Outbuildings include a classic hip roof barn on concrete with power, 40'x56' heated arch rib Quonset on concrete with newer rollup door and welding plug, garden shed and 32'x60' open-faced shed with enclosed end section. 2 privately owned water wells for the house and the yard. Septic has been upgraded with a brand new large capacity tank (holding tank – no field currently). Great location - close to golf courses, public boat launch across the road, town, schools and all that Sylvan Lake has to offer. BONUS - annual income includes surface lease revenue from a Town of Sylvan Lake water well ($8100+/- annual with 2% annual increase plus $2000 access road maintenance). DO NOT MISS THIS OPPORTUNITY!!


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

Features

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

Main Floor

1pc Bathroom

2`2" x 5`1"

4pc Bathroom

10`10" x 6`5"

Bedroom

10`10" x 9`4"

Bedroom

9`8" x 10`11"


Features

Patio: Deck

Property History

Now
Listed for$1,499,000
45 days on market
history photo preview29
May 31, 2024
Listed for$2,675,000Expired
1 year on market
history photo preview50
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