Palo Real Estate

Welcome to the charming community of Palo, nestled in the picturesque Red Deer County, Alberta. This hidden gem is a perfect blend of serene countryside living and modern conveniences, making it an ideal place for families, retirees, and everyone in between. With its stunning natural landscapes, Palo offers an inviting atmosphere that encourages outdoor activities and a close-knit community spirit.

Palo's idyllic setting boasts lush greenery, rolling hills, and beautiful views that are perfect for nature enthusiasts. Residents enjoy easy access to a variety of recreational opportunities, including hiking, biking, and horseback riding along scenic trails. The nearby Red Deer River provides additional avenues for fishing, kayaking, and picnicking, allowing families to create lasting memories in the great outdoors.

The community of Palo is characterized by its friendly residents and welcoming neighborhoods. With a mix of modern homes and charming properties, there is something for everyone. The community is dedicated to maintaining a safe and vibrant environment, with local events and gatherings that foster connections among neighbors.

Convenience is key in Palo, as it is located just a short drive from the bustling city of Red Deer. This proximity allows residents to enjoy the tranquility of rural living while still having access to city amenities, including shopping, dining, and entertainment options.

Whether you are looking for a peaceful retreat or a place to raise a family, Palo offers a unique lifestyle that harmonizes with nature and community. Discover the charm of Palo today, and see why so many are proud to call this beautiful area home!

Newest Listings in Palo

$204,900

2 Beds ⋅ 2 Baths ⋅ A2337069 MLS® #

Welcome to this bright and inviting two bedroom two bathroom bi-level townhouse in Sylvan Lake. Thoughtfully designed and well cared for, this home offers a functional layout perfect for first-time buyers, downsizers, or investors. The main floor features an open concept living space with fresh paint throughout and a cozy living room with soft carpeting and patio doors which lead to the west exposed balcony ideal for morning coffee or evening relaxation. The crisp white kitchen offers plenty of storage, counter space and a window above the sink. The convenient main floor laundry room with the two piece bathroom adds everyday practicality. Downstairs, you’ll find two comfortable bedrooms including a spacious primary suite plus a full four piece bathroom and additional storage. The hot water tank was recently replaced for additional peace of mind. The exterior of the home is finished with durable stucco and asphalt shingles, offering great curb appeal. The monthly condo fee of $425 per month includes garbage, sewer, water, reserve fund contributions and exterior maintenance. One parking stall is included and there is additional visitor parking as well. This is a great opportunity if you are looking for a low maintenance lifestyle with close proximity to amenities and the vibrant downtown scene.

4626 44 Street Unit 5, Red Deer County

Courtesy of Royal LePage Network Realty Corp..

$484,900

5 Beds ⋅ 3 Baths ⋅ A2333727 MLS® #

Almost an in-town ACREAGE situated on 4 LOTS!! This family friendly Bi-Level home offers a functional & spacious floor plan 1413 sq. ft. with 5 bedrooms & 3 bathrooms. The main floor is bright and inviting with large windows that offer plenty of natural light. The kitchen offers plenty of cabinet space with upgraded backsplash, stainless steel appliances and a good size dining area perfect for entertaining. 2 good sized bedrooms and the main bath with a large soaker tub complete the main level. Just a few steps up is your private primary bedroom suite offering plenty of space with double closets and a 3 piece ensuite. The basement is fully finished with 2 more good sized bedrooms, a 4 piece bathroom, wet bar, and a SEPERATE ENTRANCE. Recent upgrades include, newer shingles, paint, and all 3 bathrooms have been renovated. This home is also equipped with central air for those warm summer days. Space will never be an issue with the double garage, oversized work space/ shed and R. V. parking. Outside, the backyard is a true oasis, with a massive 15,000+ square foot lot that provides ample space for entertaining, gardening, or enjoying those sunny days plus SECOND GARAGE potential. Don't miss out on this wonderful home and all it has to offer.

4640 47 Street, Red Deer County

Courtesy of Royal LePage Network Realty Corp..

$257,000

3 Beds ⋅ 3 Baths ⋅ A2331112 MLS® #

Welcome to this beautiful 3 bedroom townhouse with FENCED yard, TWO parking spots directly in front, and with several updates in recent years. This move-in ready home features high ceilings throughout the main floor, with an expansive kitchen and elegant living room, both of which receive an abundance of natural light as well as a half bathroom and laundry for convenience. The main floor has had the following updates in recent years: new kitchen sink, new half bathroom sink and vanity, new vinyl plank flooring, paint, and new countertops. Step outside the backdoor to your private fenced in yard (best part is the condo board cuts your grass!). This home also has in-floor heating throughout the main floor! Upstairs provides the 3 bedrooms, including the primary bedroom with 2 pc ensuite bath + walk in closet. The 4pc full bathroom completes the upstairs making this a perfect home for a growing family, roommates, or a cash flowing rental property. Located in a small well-run complex, this condo provides so much convenience and at a price point that’s hard to beat. Let the condo deal with your exterior maintenance and grass cutting while you get to enjoy your home and your private fenced yard.

4406 46 Avenue Unit 3, Red Deer County

Courtesy of Real Estate Professionals Inc..

$411,900

3 Beds ⋅ 3 Baths ⋅ A2327396 MLS® #

Discover a unique opportunity in the heart of Sylvan Lake—just over a block from the lakeshore and directly across from the Community Health Centre and Nexsource. Tucked away in a quiet cul-de-sac near an elementary school, this bungalow offers exceptional accessibility with wheelchair-friendly features, making it ideal for retirees, first-time buyers, or savvy investors. Situated on a large, fully fenced yard, the property includes an attached single garage and plenty of outdoor space to enjoy. Inside, the home has seen numerous updates, including a new roof, newer furnace, all-new paint and flooring on the main level, updated electrical with safety certification, new GFI outlets, all new family-safe plug-ins, switches, and lights upstairs, refreshed cabinetry, and new door knobs throughout. The bright and spacious main floor features a very large primary bedroom with a convenient two-piece ensuite, plus two additional bedrooms and main floor laundry. A new front window enhances natural light throughout the living space. Downstairs, you’ll find even more room to spread out with a generous family room, a large bedroom, a three-quarter bathroom, and abundant storage space. The wood-burning fireplace downstairs is sold as is and has not been used in years. The central vac and attachments are believed to be working, but no warranties are provided. Enjoy the best of both worlds—just steps to downtown Sylvan Lake’s shops, restaurants, and waterfront, while still enjoying the peace and quiet of this well-located cul-de-sac. This is also a unique opportunity for investors wanting to take advantage of Sylvan Lake’s tourist opportunities. Endless potential in an unbeatable location!

6 Woodland Close, Red Deer County

Courtesy of KIC Realty.

$139,900

3 Beds ⋅ 1 Baths ⋅ A2328422 MLS® #

First time home buyer? Looking to downsize? Want to have a residence blocks from the beach? Look no further! This upgraded mobile has had renovations over the last 5 years that include new hot water tank, new siding, roof, soffit, fascia, insolation, windows, kitchen, flooring, lighting, exhaust fan, plumbing, electrical and heat tape. This home has 3 bedrooms, 1 bathroom, kitchen/dining, living room, laundry room, plus a storage room adjacent to the partly enclosed deck featuring skylights at the entrance of the home. Located in the heart of Sylvan Lake, it is close to schools, shopping, the health centre, rec centre, community centre, restaurants, trails and the BEACH! Lot rent is $600/month and covers water and garbage. Park approval is required pending application and valid government ID.

4516 48 Avenue Unit 19, Red Deer County

Courtesy of KIC Realty.

$469,000

4 Beds ⋅ 2 Baths ⋅ A2328135 MLS® #

Fantastic opportunity to own a move in ready home in the heart of Sylvan Lake. Situated on a large corner lot in the desirable Palo neighborhood, this fully finished bungalow offers the perfect blend of location, privacy, and value. Within walking distance to schools, shopping, parks, and the beach, this home is ideal for families, first time buyers, or anyone looking to enjoy all that Sylvan Lake has to offer. Step inside to find a bright and inviting main floor featuring updated flooring, fresh paint and large windows that fill the home with natural light. The spacious country style kitchen offers an abundance of cabinetry, a functional island with butcher block, and opens to the dining and living areas, creating a great space for everyday living and entertaining. Gather around the cozy wood-burning fireplace on cooler evenings or enjoy the comfort of central air conditioning during the warmer months. The main floor features three bedrooms, including a spacious primary bedroom, along with a beautifully updated 4-piece bathroom. The fully finished basement adds exceptional living space with a large family room, a fourth bedroom, an updated three piece bathroom, plenty of storage, and flexibility for guests, a home office, or growing families. Outside, you'll love the oversized, fully fenced yard with mature trees that provide exceptional privacy. Enjoy your morning coffee or evening visits on the welcoming front deck, host family and friends on the spacious backyard deck, gather around the fire pit, or take advantage of the RV parking and double garage. Recent updates over the years include the furnace (Approx. 2022), hot water tank (approx. 2024), central air conditioning (approx. 2022), and some Paint & some flooring (2026).

4719 46 Avenue, Red Deer County

Courtesy of Royal LePage Network Realty Corp..

$425,000

4 Beds ⋅ 2 Baths ⋅ A2327312 MLS® #

FULLY DEVELOPED 4 BEDROOM, 2 BATHROOM BUNGALOW ~ SUNNY SOUTH FACING BACKYARD ~ DETACHED GARAGE & REAR PARKING PAD ~ Pride of ownership is evident in this well cared for, updated home ~ Mature landscaping with tiered garden beds creates eye catching curb appeal ~ Open concept main floor layout complemented by vinyl plank flooring ~ The living room features a large picture window that overlooks the front yard and allows for natural light to fill the space ~ Formal dining room just off the living room has a chandelier and French doors that lead to the deck and backyard ~ The updated kitchen offers an abundance of stylish two toned cabinets, ample stone counter space, full tile backsplash, large window above the sink, corner pantry and opens to an eat-in dining space ~ The spacious primary bedroom can easily accommodate a king size bed plus multiple pieces of furniture ~ 4 piece main bathroom ~ Second main floor bedroom is also a generous size with ample closet space ~ The fully finished basement offers a huge family room, 2 large bedrooms, an oversized 3 piece bathroom with a walk-in shower and linen closet, laundry and ample space for storage ~ The sunny south facing backyard is fully fenced with back alley access, has mature landscaping, tons of grassy yard space and a fire pit ~ 30' L x 16" W detached garage plus a large parking pad ~ Excellent location, close to multiple schools, parks, walking trails and shopping with easy access to all other amenities

4412 45 Avenue, Red Deer County

Courtesy of Lime Green Realty Central.

$335,000

2 Beds ⋅ 2 Baths ⋅ A2318198 MLS® #

This charming and well maintained home is an excellent opportunity for first-time buyers, those looking to downsize, or investors seeking a revenue property. Numerous upgrades have been completed within the past five years, including new living room flooring (2026), a new countertop in the two piece bathroom (2026), chain link fencing (2021), replacement of the bathroom and hallway windows (2021), a new hot water tank (2023), central air conditioning (2023), a garage heater (2023), a new furnace (2025) and duct cleaning completed in 2025. A new sump pump will be included as a back up to the existing, fully functional sump pump system, providing added peace of mind for future owners. The upper level features two spacious bedrooms, both offering generous closet space. A third bedroom could easily be added on the lower level if desired. The main four piece bathroom is conveniently located on the upper floor near the bedrooms, while a two-piece bathroom serves the family room on the lower level. The kitchen is designed with functionality in mind, featuring oak cabinetry, ample counter space and storage - perfect for the chef in the family. Enjoy your morning coffee in the cozy breakfast nook, then unwind in the evening while taking in the beautiful sunsets from your living room. A valuable bonus is the four foot crawl space beneath the main level, providing extra additional storage. The oversized 20 x 28 garage is the perfect man cave or she-shed as it is heated and equipped with 220V power. Two man doors offer added convenience and easy access. Behind the garage you will find a storage shed and additional parking with space for a small RV or camper. Ideally located within walking distance to the beach and close to schools, public transit and shopping, this home offers comfort, convenience and exceptional value!

4727 44 Street, Red Deer County

Courtesy of Red Key Realty & Property Management.

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