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

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$1,244,999

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. (id:55577)

Property Features

  • MLS® Number A2135963
  • Price $1,244,999
  • Bedrooms: 4
  • Bathrooms: 2
  • Square Footage: 1299 sqft
  • Property Type: House
  • Amenities Near By Golf Course, Schools, Shopping, Water Nearby
  • Community Features Golf Course Development, Lake Privileges
  • Features See Remarks
  • Plan 2421720
  • Structure Barn, Shed, Deck, Dog Run - Fenced In
  • View Type View

Buildings

Bathroom Total 2 Bedrooms Above Ground 3
Bedrooms Below Ground 1 Bedrooms Total 4
Appliances Washer, Refrigerator, Water Softener, Dishwasher, Stove, Dryer, Hood Fan Architectural Style Bungalow
Basement Development Finished Basement Type Full (finished)
Constructed Date 1964 Construction Style Attachment Detached
Cooling Type None Exterior Finish Vinyl Siding
Flooring Type Hardwood, Laminate, Linoleum, Tile Foundation Type Poured Concrete
Half Bath Total 1 Heating Fuel Natural Gas
Heating Type Forced Air Stories Total 1
Size Interior 1299 Sqft Total Finished Area 1298.6 Sqft
Type House Utility Water Well

Parking

Attached Garage 1

Land

Acreage Yes Fence Type Not Fenced
Land Amenities Golf Course, Schools, Shopping, Water Nearby Sewer Septic Field, Septic Tank
Size Irregular 15.96 Size Total 15.96 Ac|10 - 49 Acres
Size Total Text 15.96 Ac|10 - 49 Acres Zoning Description Ag

Rooms

Level Type Dimensions
Basement Bedroom 10.25 M x 13.67 M
Basement Recreational, Games Room 27.83 M x 13.58 M
Basement Storage 6.33 M x 6.17 M
Basement Other 27.83 M x 26.67 M
Main Level 1pc Bathroom 2.17 M x 5.08 M
Main Level 4pc Bathroom 10.83 M x 6.42 M
Main Level Bedroom 10.83 M x 9.33 M
Main Level Bedroom 9.67 M x 10.92 M
Main Level Dining Room 10.67 M x 13.58 M
Main Level Kitchen 10.58 M x 7.58 M
Main Level Laundry Room 10.25 M x 10.83 M
Main Level Living Room 13.83 M x 19.58 M
Main Level Other 23.42 M x 13.17 M
Main Level Primary Bedroom 14.42 M x 11.00 M

Agents and Offices

  • Rees Smith
  • Office: Cir Realty

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