Hwy 20 Range Rd 391, Rural Red Deer County, AB T4S 1T2

Courtesy of Colleen A Roenspies of Royal LePage Noralta Real Estate.

$3,640,000

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List Price
$3,640,000
MLS® #
E4479043
Region
Red Deer County

Property Description

SYLVAN LAKE DEVELOPMENT OPPORTUNITY! Prime 123-acre re-development parcel on Hwy 20 across from Jarvis Bay, minutes to Sylvan Lake, Lakewood Golf Resort and key amenities. Just 25 minutes to Red Deer and 90 minutes to Edmonton and Calgary, offering strong regional access. An Area Structure Plan supports a well-designed community with single family, duplex, higher density residential, social care and commercial components. Approximately 40% of lots offer lake views, 15% park side, 15% golf course views and 3% border wetlands, with some lots featuring multiple attributes. Zoning includes R-3 and DCD-25 with alignment to municipal plans. Red Deer County supports increased density and future annexation into Sylvan Lake. Concept planning indicates potential for 950+ units, creating an excellent phased development opportunity in a high-demand recreational market.

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