1527 Township Road 394, Rural Lacombe County, AB T4L 0H6

$4,100,000
4
BD
5
BA
1,621
SqFt
List Price
$4,100,000
Status
ACTIVE
MLS® #
A2043080
Year Built
1978
Bedrooms
4
Total Bathrooms
5
Full-Baths
2
Half-Baths
3
Living Area
1,621
Neighborhood
NONE

Property Description

Have you been dreaming of owning or developing a lake front property? Here’s the opportunity of a lifetime to create your own Sylvan Lake Paradise! 144.34 acres with approx 290 feet of lakefront just Northwest of Birchcliff on the North-East shores of Sylvan Lake (1 hour & 40-minute drive from Calgary/1 hour & 50 minutes from Edmonton) and just 10 mins to town by car. Stunning lake views from the existing home and yard site, lake access via your own private vehicle accessible lane down to the lake, agricultural land lease revenue, and treed nature area for hiking and exploring. Incredible opportunity to build your dream home, renovate the existing home or develop the 108 acres +/- into an amazing lakeside community for more families to enjoy. Enjoy escaping from the world the minute you hit your treed lined driveway. 1970’s-built hillside walkout bungalow (1,672 sf, 4 bedrooms/2.5 bath), 20’ 5”x24’ garage with 10' boat lean-to, 39’x48’ machine shed-Quonset for extra storage and 572 sf 1960’s log guest cabin. The home has a great layout and 1,132 sf of deck with a portion that is screened in. Take in the 180-degree Southwest view of the lake and enjoy the amazing sunsets. The property boasts 48'x120' asphalt tennis/basketball court with high chain link fence, paddock area for horses, fire pit areas, boathouse with rooftop patio, lake level beach area on a quiet cove of the lake and deep water off the shore where boats can pull up to the dock. In addition to having an accessible lakefront, the property is zoned Agricultural. The 144 acres consists of the building site, lakefront, 100 acres +/- cultivatable acres, and 28 acres +/- treed nature area in the middle of the property with a seasonal creek that runs along the Eastern edge of the trees. The farmland (hay & cultivated cropland) is currently leased in a crop share agreement - revenue in 2023 was $19,100+/-. Through Urban Systems (Engineering Consultant), the Sellers have done a preliminary environmental review, policy and planning analysis, engineering and servicing report, and legal survey and boundary mapping. This includes rough sketches on how the property could be utilized for development. The studies estimate the potential for approximately 150 residential lots. Key features of this property for future development include being in the approved Sylvan Lake ASP and Intermunicipal Development Plan, along the regional sewer line, paved access roads to the property line, large relatively flat uplands, significant tree stand in the center of the site, and lake frontage. The Urban Systems Ltd. report is available upon request. A true “Jewel of the Lake” property opportunity that deserves your immediate and serious consideration!

Additional Information

Exterior
Vinyl Siding, Wood Frame
Garage
Yes
Parking Desc
Additional Parking, Carport, Double Garage Detached, Driveway, Gravel Driveway
Foundation
Poured Concrete
Fireplace Desc
Living Room, Recreation Room, Wood Burning
Flooring
Carpet, Linoleum
Sewer
Septic Field, Septic Tank
Roof
Asphalt Shingle
Heating
Forced Air, Natural Gas
Parking Spaces
20

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of CIR REALTY.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: .