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$1,800,000
6 Beds ⋅ 5 Baths ⋅ A2286803 MLS® #
Perched high on the south hill overlooking the charming town of Sylvan Lake, this magnificent property offers unparalleled luxury, breathtaking views and development opportunities. With over 5,000 square feet of living space, this grand estate features dramatic 22-foot cathedral ceilings and a stunning spiral staircase that sets the tone for the opulence within. The main level is a haven for culinary enthusiasts, boasting a chef's kitchen equipped with top-of-the-line appliances. The formal dining and living rooms are ideal for entertaining guests in style, while the cozy family room offers a great space for everyday living. Additionally, there is a main floor office for work or managing the home. Practical amenities abound, with a large back entryway featuring a locker room, laundry room, and a convenient 2-piece bathroom. Upstairs, you'll find four spacious bedrooms, two of which have ensuite bathrooms for added privacy and comfort. The primary suite is your personal sanctuary, featuring a dream ensuite with a soaker tub, steam shower, and walk-in closet. A loft area provides a serene space to relax and enjoy the panoramic views, and a stylish 5-piece bathroom serves the other bedrooms. The walkout basement offers two large bedrooms, one with a walk-in closet, and a full 4-piece bathroom. A kitchenette makes this space perfect for empty-nester parents. The entertainment hub includes a games area and a theatre setting perfect for movie nights. Garages and additional spaces are plentiful. The triple attached garage offers ample space for everyday parking. The detached shop is a massive 46 x 36 structure accommodating vehicles, boats or all your toys, and includes a recently added shop hoist. The shop also features a bonus mezzanine with a full kitchen, 4-piece bath, and a balcony overlooking the lake. There are options to convert the upper part of the detached shop into additional living space with board-in bedrooms, providing even more versatility. An additional 2-piece bathroom and a stackable laundry unit in the main garage area adds even more convenience. The property has had numerous upgrades, ensuring modern comfort and efficiency. The garage floor was upgraded with an epoxy finish. Both the house and shop exteriors were painted and weather-sealed. All interior tiles were sealed and 2.5 bathrooms were recently renovated. Updated custom cabinetry and crown moldings are just a few of the upgrades that have been done. 70 Foot RV parking on west side of the shop with 30 amp plug Beyond the main house, this property offers potential for development with 10 lots or 6 executive lots that can be subdivided, totaling 2.99 acres in lot size on the perimeter of the Vistas.. SUBDIVISION is an option if INVESTMENT is what you seek. This estate offers a perfect blend of luxury, comfort, and functionality, making it a dream home for discerning buyers. Don’t miss the opportunity to own this extraordinary property with its unmatched views and top-of-the-line amenities.

4300 Memorial Trail, Red Deer County

Courtesy of Royal LePage Network Realty Corp..
$739,900
6 Beds ⋅ 4 Baths ⋅ A2285838 MLS® #
Welcome to 5008 41 Street in Sylvan Lake, a beautifully designed 6-bedroom, 3.5-bath home just steps from the beach, walking trails, and all the best of lake life. Whether you're seeking a full-time residence, a vacation retreat, or a smart investment property, this home delivers on all fronts. The bright, open-concept main floor features beautiful hardwood and tile flooring throughout, with a spacious kitchen anchored by a large central island — ideal for cooking, hosting, and gathering. Upstairs, you'll find the primary bedroom with a private 3-piece ensuite, plus three more generous bedrooms and a full laundry room. The fully finished basement offers two additional bedrooms, a full bathroom, second laundry area, and a private exterior entrance. To date, all primary rental income has come from the upper level only, which has been successfully used for both short-term (Airbnb) and long-term rentals. The basement remains mostly unused, aside from one room that is currently being rented for storage. Outside, enjoy your private hot tub — a huge draw for guests and a perfect way to relax year-round. Additional features include, central vacuum roughed in, double detached garage which is currently being rented out for $450/month. The basement storage room is also being rented out at $275/month. 2023/2024 Rental Revenue for Airbnb is $48,212.29 - long term rental $24,450 - Garage Rental $5400/year & Storage room rental in the basement $3300/year. The total gross income is approximately $81,362.29 annually.

5008 41 Street, Red Deer County

Courtesy of eXp Realty.
$299,000
3 Beds ⋅ 2 Baths ⋅ A2284698 MLS® #
Welcome to 106 Bayshore Drive, located in the sought after subdivision of Lighthouse Pointe in Sylvan Lake, a tucked away gem offering a welcoming community feel and a peaceful setting. This charming, well maintained home boasts excellent curb appeal with a single attached garage and a long concrete driveway providing ample additional parking. The front of the home faces a wide open field, offering serene views and a wonderful sense of space and privacy. Inside, you’ll appreciate the abundance of natural light, vaulted ceilings, and central air conditioning for year around comfort. The open and functional kitchen features ample cabinetry, upgraded countertops, an eat up island, perfect for everyday living and entertaining. The home offers three bedrooms and two full bathrooms, including a spacious primary bedroom complete with a full ensuite and walk-in closet. Step outside to enjoy the deck or front porch, ideal for relaxing or soaking up the sun. The yard is thoughtfully maintained and provides a great outdoor space to enjoy. Ideally located close to shopping and amenities, with quick access to major highways, yet quietly tucked away for privacy and tranquility. Some upgrades include a new air conditioning unit, furnace, and hot water tank installed in 2025.

106 Bayshore Drive, Red Deer County

Courtesy of Royal LePage Network Realty Corp..
$635,900
3 Beds ⋅ 3 Baths ⋅ A2273680 MLS® #
Brand new Black Wolf Custom home in Sylvan Lake. Step into this stunning new build in the sought-after Crestview community, offering exceptional curb appeal with modern exterior finishes, an abundance of windows, and a welcoming covered front porch with durable composite decking. The spacious front entry greets you with luxury vinyl plank flooring, a built-in bench for convenience, and a walk-in coat closet. Designed with entertaining in mind, the bright and open main floor features a generous living area and a show-stopping kitchen complete with a large center island, quartz countertops, stainless steel appliances (with a waterline for fridge/ice maker), and a stylish butler’s pantry that includes a prep sink, coffee bar, and space for a freezer or wine fridge. The dining area is perfect for hosting and opens directly onto a west-facing 10' x 12' composite deck. Upstairs, you’ll find a sunny bonus room, two well-sized bedrooms, a 4-piece main bathroom, and a convenient laundry area with washer and dryer included. The spacious primary suite easily fits a king-sized bed and offers a walk-in closet and a 4-piece ensuite with double sinks & stand up shower with glass door. The unfinished basement features a separate side entrance for home business, private guest space, or a teen retreat. With 9-foot ceilings, a high-efficiency furnace, and rough-ins for both air conditioning and in-floor heating, this home is built for comfort and future flexibility. The attached garage is insulated and drywalled, complete with a floor drain and a 220V outlet—ideal for EV charging. Located in the desirable Crestview neighborhood, this home is close to the highway, town amenities, the local trail system, and beautiful Sylvan Lake. Seller to complete front & back sod as well as pressure treated fence so bring the kids and pets, move in ready, immediate possession available

117 Crestview Boulevard, Red Deer County

Courtesy of RCR - Royal Carpet Realty Ltd..
$1,750,000
4 Beds ⋅ 6 Baths ⋅ A2257255 MLS® #
Step into unparalleled lakeside elegance with this architecturally stunning, custom-built 2021 modern bungalow nestled on prestigious Lakeshore Drive in Sylvan Lake’s coveted Cottage Area. This 2,044 sq. ft. Fully developed masterpiece (on a spacious 5,662 sq. ft. lot) blends cutting-edge contemporary design with high-end finishes, delivering the ultimate in sophisticated lakeside living. With 4 bedrooms (including a main-floor master), 6 bathrooms (3 ensuites), and seamless indoor-outdoor flow, every detail has been meticulously crafted for comfort, entertaining, and effortless enjoyment of Alberta’s most desirable lakefront community.  Imagine waking up to serene lake views and stepping straight onto walking paths that lead to pristine beachfront, vibrant downtown shops, and world-class dining – all just moments from your door. This home offers direct access to Sylvan Lake’s recreational paradise, including boating, swimming, and year-round community events. Whether you’re hosting sunset gatherings or enjoying quiet mornings by the water, this is lakeside living at its finest. Plus, a built-in boat slip and private entrance make waterfront adventures effortless.  Inside, the open-concept design flows beautifully with high ceilings, vaulted accents, and premium flooring throughout. The chef’s kitchen is a showstopper – featuring top-of-the-line stainless steel appliances, expansive granite countertops, custom cabinetry, a large island, and a walk-in pantry. Perfect for culinary creations or casual family meals.  A gas fireplace adds cozy ambiance to the living spaces, while in-floor heating keeps every room warm and inviting year-round.   This isn’t just a home; it’s a fully integrated smart sanctuary. Enjoy **lighting control throughout** the entire property for effortless ambiance at the touch of a button or via app. Standout **built-in wave lighting** wraps around the home’s exterior, creating dramatic, customizable illumination that highlights the modern architecture by day or night. The home is pre-wired for **Sonos** with integrated speakers in key areas, delivering immersive audio for music, movies, or entertaining. High-efficiency HVAC, smart home integration, and wired-for-sound capabilities mean every convenience is at your fingertips – from climate control to entertainment systems. No detail was overlooked: wine storage tucked under the stairway, a wet bar, closet organizers, and a half-bath on the upper balcony for seamless hosting.  The main-floor master suite offers a luxurious escape with its ensuite and walk-in closet. Three additional spacious bedrooms (each with ensuites) provide flexibility for family, guests, or a home office. A fully finished basement expands your living options with extra recreation or relaxation space. Outside, unwind on the balcony, fire up the built-in gas BBQ, or gather in the private yard – all enhanced by the home’s striking lighting features.  Oversized double attached garage with refrigerator and room for 5 vehicles.

3417 Lakeshore Drive, Red Deer County

Courtesy of Maxwell Real Estate Solutions Ltd..
$345,900
1 Beds ⋅ 1 Baths ⋅ A2251325 MLS® #
This quaint cabin is located only blocks from Lake Shore drive close to shops, restaurants and playgrounds! The cabin has back-alley access with room for RV parking, a detached garage and has been rezoned for multifamily and or commercial mixed use, making this an ideal purchase for investors! If combined with the neighboring tripe lot the development potential is immense with ideal location only blocks from the lake. The double lot measuring 6499 square feet is centrally located and is currently running as a licenced Airbnb from May through September for $180-$250/night, renting for $1600 fully furnished including utilities in the off season. Recent upgrades include; a new roof, eves and gutters were all replaced, and the interior painted spring of 2024. There was foundation work and some insulation added in spring of 2025. An amazing opportunity to own in the hub of Sylvan Lake! REDEVELOP to MULTI FAMILY DC50 ZONING!

4738 50 Street E, Red Deer County

Courtesy of Royal LePage Network Realty Corp..

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: .