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$475,000
A2334696 MLS® #
Build the lakefront home you've always imagined on one of the few remaining waterfront lots in the prestigious Marina Bay community of Sylvan Lake. Tucked away at the end of a quiet cul-de-sac, this exceptional 3,738 sq. ft. property offers an incredible opportunity to create a custom residence in one of Central Alberta's most sought-after lakefront neighborhoods. Enjoy breathtaking views of Sylvan Lake, direct access to the shoreline, and the privacy that comes with this premium location. Whether you're dreaming of a year-round luxury residence or the ultimate seasonal retreat, this property provides the perfect canvas to bring your plans to life. As an owner in Marina Bay, you'll enjoy exclusive access to the private community marina, making it easy to spend your days boating, fishing, paddle boarding, or simply taking in everything lake living has to offer. Despite its peaceful setting, you're only minutes from downtown Sylvan Lake's restaurants, shopping, golf, walking trails, and year-round amenities. Opportunities to purchase a vacant waterfront lot in Marina Bay are exceptionally rare. Combining an unbeatable location, stunning lake views, private marina access, and endless building potential, this is your chance to secure a truly remarkable piece of Sylvan Lake's shoreline and build a home that will be enjoyed for generations to come.

182 Marina Bay Court, Red Deer County

Courtesy of RE/MAX real estate central alberta.

$268,000
A2325488 MLS® #
Exceptional development opportunity in the heart of Sylvan Lake, 4 adjoining bare lots, each measuring approximately 25ft by 150ft (3,750 sqft each) are offered for sale in the desirable R2 medium density residential district. The seller's preference is to sell all 4 lots together, creating an outstanding opportunity for builders, investors or developers, but will also consider selling the lots individually. Ideally located just four blocks from Sylvan Lake's beautiful beach and three blocks from the Hewlett Park Shopping Center, these ready -to-build lots offer an outstanding combination of convenience and lifestyle. Enjoy an easy walk to shopping, restaurants, parks, schools and all the amenities that make Sylvan Lake one of Alberta's most sought-after lake communities. The R2 zoning provides excellent flexibility for development. Permitted uses include single detached homes, duplexes, accessory buildings, secondary suites (subject to town requirements), and certain home occupations. The district also allows for a variety of additional residential opportunities including apartments, triplexes, fourplexes, row housing, stacked row housing, multiple housing developments, garage suites, daycares, and bed and breakfast services - subject to approval by the Town of Sylvan Lake. Whether you're looking to build quality infill homes, develop income producing properties, or ensure prime investment in a growing community, these lots present a rare opportunity. 4 adjoining R2-zoned lots in such a desirable location - just steps away from the lake and close to everyday amenities - are increasingly difficult to find.

4634 45 Street, Red Deer County

Courtesy of RE/MAX real estate central alberta.

$69,900
A2327935 MLS® #
Slip #99 at Water Edge Marina — and if you know your hockey, that number needs no introduction. Consider it a fitting label for a boat slip that sits central to the marina, giving you one of the shorter walks from your vehicle to your vessel on a Friday afternoon. At 10 x 21 feet, it's sized to comfortably handle most recreational boats, and it's tucked inside Water Edge's private, gated access, which means one less thing to think about when you're not around. This is condo-titled, professionally managed, with a monthly fee of just $58.33 — about the cost of a couple of coffees for the peace of mind of not handling the upkeep yourself. The marina itself is part of what makes downtown Sylvan Lake special: the lighthouse gives the whole property a distinct, photogenic character, and the main building houses dining options right on site, so a day on the water can turn into dinner without ever getting back in the car. Sylvan Lake's central downtown is walkable, lively in the summer months, and this slip puts you right in the middle of it. Own the Great One's number, dock in the heart of it all.

5230 Lakeshore Drive Unit 99-C-24, Red Deer County

Courtesy of RE/MAX real estate central alberta.

$85,000
A2324961 MLS® #
Own one of the larger powered slips at Waters Edge Marina this slip will allow for an 30 foot boat and enjoy hassle-free boating on beautiful Sylvan Lake. Slip #12 offers the added benefit of a larger moorage space with power, making it an excellent choice for accommodating larger vessels while providing the convenience today's boat owners appreciate.Located within the secure and sheltered, gated Waters Edge Marina, this professionally managed dockominium community is known for its excellent upkeep and proactive condominium board, giving owners confidence in the long-term care of the facility. With privately owned slips becoming increasingly difficult to find and seasonal moorage costs continuing to rise, ownership offers both immediate enjoyment and long-term value.Ownership includes one complimentary Town of Sylvan Lake parking pass, making every trip to the marina even more convenient. For buyers looking to get on the water right away Ideally positioned just a short walk from the Sylvan Lake Lighthouse, The boat launch, fuel dock, restaurants, shopping, and the vibrant lakeshore, Slip #12 is an outstanding opportunity to secure premium moorage and enjoy everything Sylvan Lake has to offer for seasons to come.

5230 Lakeshore Drive Unit 12, Red Deer County

Courtesy of RE/MAX real estate central alberta.

$385,000
A2323831 MLS® #
Situated in an excellent high-visibility location along bustling 50 Street, this 5,579 sq ft commercially zoned lot offers outstanding development potential just a short walk from the lake and only moments from Lakeshore Drive. With 36 feet of frontage, the property provides excellent exposure in one of Sylvan Lake’s most desirable and active corridors. Zoned W-DC, development opportunities are subject to approval by the Town of Sylvan Lake’s Development Authority, allowing for a range of possibilities suited to this vibrant lakeside community. According to Town of Sylvan Lake bylaws, there is potential for development up to four storeys, further enhancing the site’s investment appeal. Rear lane access provides convenient parking options, adding to the functionality and versatility of this prime commercial opportunity.

5039 50 Street, Red Deer County

Courtesy of Royal LePage Network Realty Corp..

$750,000
A2319778 MLS® #
Click Brochure link for more details** Lakeshore Corner represents an exceptional opportunity to acquire a 9,860 sqft development siter featuring 53 feet of prime frontage on Lakeshore Drive. The offering is elevated by the potential for a significant land assemblage opportunity to also acquire the adjacent Edgewater Inn and the 5207 Lakeshore Drive property. This strategic combination allows for the creation of a landmark consolidated site, unlocking the potential for a large-scale project that would command a premier corner of the waterfront. A future development will benefit from unparalleled access to Sylvan Lake's best amenities and a location next to existing luxury projects. With deep municipal utilities ready at the lot line, the Site provides the ideal foundation for a landmark commercial and residential development in one of Alberta’s most popular lakeside communities. The Site is the definitive epicenter of Sylvan Lake, located just steps from the 1.6 km waterfront promenade and sandy beach. It is situated in the heart of the high-traffic commercial strip, offering a brief two to five minute walk to the town's most popular destinations, including the pier, microbreweries, rooftop dining, and public boat launches. Sylvan Lake is a proven year-round destination. Beyond the summer draw of boating and the Aqua Splash, the town hosts major events like Canada Day and Winterfest. In winter, the vibrant Winter Village, ice skating, and ice fishing drive continuous visitor traffic and commercial demand, ensuring year-round viability for retail and desirability for residents. The lot is located in the Waterfront Commercial District (CW). This valuable designation encourages mixed-use developments that blend ground-floor retail, tourist services, or restaurants with upper-floor residential or multi-family condo units. The site commands a strategic corner location with 53 feet of premium frontage on Lakeshore Drive and an additional 97 feet along 52nd Street. This dual frontage ensures maximum brand visibility, offers prominent lake views, and provides flexible design and access options for future development. Being positioned in a mature, established municipal grid, the lot boundaries are serviced with deep municipal water, sewer, natural gas, and electricity lines, making development planning far faster than rural lakefront plots.

5203 Lakeshore Drive, Red Deer County

Courtesy of Honestdoor Inc..

$995,000
A2315303 MLS® #
Prime Commercial Development Opportunity in Sylvan Lake. Seize this rare chance to secure 0.71 acres of premium commercial land in the sought-after Pelican Place area. Perfectly positioned with excellent visibility and access, this property offers a blank canvas for your business vision, whether it is retail, office, hospitality, medical, professional services, or mixed-use. Enjoy the benefits of DC-50 zoning, providing flexibility for a variety of development possibilities. Utilities including electricity and natural gas are already at the lot line, saving you time and cost during construction. With 81 meters of frontage and 41.5 meters of depth, you have the space to create an impressive presence in one of Sylvan Lake’s growing commercial hubs. Located near police, fire, pharmacy services, and a medical clinic, this site offers convenient access to key community amenities. The property also provides quick and easy access to Highway 11 between Red Deer and Rocky Mountain House, helping connect your future business to regional traffic and surrounding communities. And from just the right spot on the west side, you may even catch a peek of the lake at the bottom of the hill. Located in a vibrant community just minutes from the lakefront, this lot is ideal for attracting both local traffic and seasonal visitors. Immediate possession means you can start your project without delay. Bring your vision to life in a location where business thrives, your future starts here at 130 Pelican Place.

130 Pelican Place, Red Deer County

Courtesy of CIR Realty.

$105,900
A2313619 MLS® #
Considering a recreational property in Sylvan Lake? Points West RV Resort provides your best value in prime recreational real estate. Voted one of Canada's ten best beaches, Sylvan Lake is Alberta's primary tourist destination. The property includes a 3,032 sq/ft titled lot with a 1997 Golden Falcon park model trailer and full length partially covered deck – for sun or shade – perfect for relaxing. Fully finished 10’ x 10’ shed provides room to spread out. Additional utility storage. Close to pool and playground. Attractive living area renovation. Points West provides an economical recreational haven for you and your family – gated and private - where residents enjoy a beautiful outdoor heated pool and hot tub, fully equipped clubhouse, modern laundry and shower facilities, upgraded playground and abundant green space. Sit back and relax while professional management mows and trims your lawn. Titled lots include one RV or boat storage space. Active social club provides activities all summer long. Annual condo fee of $3,300 includes electricity, water, sewer, reserve fund contributions, mowing and trimming of lawns and common areas, operation of pool and commercial hot tub, and the new playground. And bring your pets! Open April 1st to October 31st (welcome Snowbirds!), Points West is a gated three season community on the edge of Sylvan Lake; only a km down the bike path to restaurants, shopping and the farmers' market - all the amenities Sylvan Lake has to offer.

17 Points West Resort, Red Deer County

Courtesy of Red Key Realty & Property Management.

$339,900
A2308942 MLS® #
ALMOST SOLD OUT! WOW...don't miss this opportunity to build your dream home/cottage just steps from the lake on this 30 x 125 ft. lot. Cottage district lots have become increasing rare, now is the time to build! This unbeatable location is just off Lakeshore drive near the park, and steps to the lake. You'll love watching the all action and enjoying the sunsets from your deck. With close proximity to restaurants, shopping, the marina, boardwalk-you'll be able to truly enjoy the Sylvan Lake lifestyle. Sylvan has become a 4 seasons destination with countless activities going on all year long. Lot has been subdivided, graded, serviced to property line, and is ready to build on. The side laneway will be paved. No restrictions on time to build, so you can hold it until YOU are ready.

5020 42 Street, Red Deer County

Courtesy of RCR - Royal Carpet Realty Ltd..

$409,900
A2307598 MLS® #
WOW...don't miss this opportunity to build your dream home/cottage on the lake on this 32 x 130 ft. lot. Cottage district lots have become increasing rare, now is the time to build. This unbeatable location is on Lakeshore drive just across from the park and steps to the lake. You'll love watching the all action and enjoying the sunsets from your deck. With close proximity to restaurants, shopping, the marina, boardwalk-you'll be able to truly enjoy the Sylvan Lake lifestyle. Sylvan has become a 4 seasons destination with countless activities going on all year long. Lots have been graded and serviced and are ready to build on. The rear laneway will be paved. No restrictions on time to build so you can hold it until YOU are ready.

4217 Lakeshore Drive, Red Deer County

Courtesy of RCR - Royal Carpet Realty Ltd..

$129,900
A2300260 MLS® #
Welcome to your perfect home away from home in this sought-after Points West RV resort with condo fees paid for the 2026 season! This beautifully set up 2-bedroom park model on a corner lot offers the ideal blend of comfort, convenience, and outdoor living. Step outside onto the stunning 26’ x 10’ covered deck—perfect for entertaining, relaxing, or enjoying warm summer evenings. The property also features a separate shed with two beds, making it ideal for hosting guests. The fully landscaped and fenced lot provides privacy and an outdoor oasis, complete with a cozy firepit area for unforgettable nights under the stars. With deep services, a large propane tank and air conditioning, this property is designed for enjoyment. Offered fully furnished and completely turnkey—just bring your suitcase and start enjoying resort living immediately. Enjoy access to incredible community amenities, including a pool, hot tub, clubhouse, pickleball and basketball courts, a community fire pit, laundry facilities, and a private dog park—everything you need for relaxation and recreation. Whether you’re looking for a seasonal retreat or a weekend escape, this property checks all the boxes.

45 Points West Resort, Red Deer County

Courtesy of KIC Realty.

$194,145
A2297390 MLS® #
Welcome to Grayhawk—Sylvan Lake’s newest thoughtfully designed community, where flexibility, lifestyle, and location come together to create the perfect place to call home. Here, you have the freedom to build your dream your way. Purchase a lot directly through Grayhawk and bring your own preferred builder, or simplify the process by partnering with one of our showhome exclusive preferred builders to secure your lot and select from a variety of expertly designed home plans tailored to your lifestyle. Grayhawk has been carefully planned to appeal to a wide range of homeowners—from growing families to retirees, downsizers, and those relocating to be closer to children and grandchildren. Many buyers are embracing the opportunity to transition from acreage living to a more manageable, low-maintenance home without sacrificing comfort, community, or quality of life. This vibrant neighbourhood offers a dynamic mix of housing options including single-family homes, semi-detached properties, and townhomes—ensuring there’s something for every stage of life. Families will appreciate the future elementary school site, nearby Pogadl Park Spray Park and Playground, and the exciting addition of a playground and off-leash dog park coming in 2026. Meanwhile, retirees and downsizers will value the peaceful surroundings, walkability, and close-knit community feel. Enjoy the beauty of a landscaped storm pond, proximity to the golf course, and the convenience of a future neighbourhood retail centre with local shops and services just steps away. Best of all, you’re only minutes from Sylvan Lake’s vibrant town centre and waterfront—offering year-round recreation, dining, and entertainment. Whether you're starting fresh, simplifying your lifestyle, or looking to stay connected to family while enjoying a lower cost of living, Grayhawk offers a rare opportunity to build not just a home—but the life you’ve been waiting for.

10 Gates Green, Red Deer County

Courtesy of The Real Estate District.

$104,895
A2299655 MLS® #
Welcome to Grayhawk—Sylvan Lake’s newest thoughtfully designed community, where flexibility, lifestyle, and location come together to create the perfect place to call home. Here, you have the freedom to build your dream your way. Purchase a lot directly through Grayhawk and bring your own preferred builder, or simplify the process by partnering with one of our showhome exclusive preferred builders to secure your lot and select from a variety of expertly designed home plans tailored to your lifestyle. Grayhawk has been carefully planned to appeal to a wide range of homeowners—from growing families to retirees, downsizers, and those relocating to be closer to children and grandchildren. Many buyers are embracing the opportunity to transition from acreage living to a more manageable, low-maintenance home without sacrificing comfort, community, or quality of life. This vibrant neighbourhood offers a dynamic mix of housing options including single-family homes, semi-detached properties, and townhomes—ensuring there’s something for every stage of life. Families will appreciate the future elementary school site, nearby Pogadl Park Spray Park and Playground, and the exciting addition of a playground and off-leash dog park coming in 2026. Meanwhile, retirees and downsizers will value the peaceful surroundings, walkability, and close-knit community feel. Enjoy the beauty of a landscaped storm pond, proximity to the golf course, and the convenience of a future neighbourhood retail centre with local shops and services just steps away. Best of all, you’re only minutes from Sylvan Lake’s vibrant town centre and waterfront—offering year-round recreation, dining, and entertainment. Whether you're starting fresh, simplifying your lifestyle, or looking to stay connected to family while enjoying a lower cost of living, Grayhawk offers a rare opportunity to build not just a home—but the life you’ve been waiting for.

51 Gray Close, Red Deer County

Courtesy of The Real Estate District.

$104,895
A2299652 MLS® #
Welcome to Grayhawk—Sylvan Lake’s newest thoughtfully designed community, where flexibility, lifestyle, and location come together to create the perfect place to call home. Here, you have the freedom to build your dream your way. Purchase a lot directly through Grayhawk and bring your own preferred builder, or simplify the process by partnering with one of our showhome exclusive preferred builders to secure your lot and select from a variety of expertly designed home plans tailored to your lifestyle. Grayhawk has been carefully planned to appeal to a wide range of homeowners—from growing families to retirees, downsizers, and those relocating to be closer to children and grandchildren. Many buyers are embracing the opportunity to transition from acreage living to a more manageable, low-maintenance home without sacrificing comfort, community, or quality of life. This vibrant neighbourhood offers a dynamic mix of housing options including single-family homes, semi-detached properties, and townhomes—ensuring there’s something for every stage of life. Families will appreciate the future elementary school site, nearby Pogadl Park Spray Park and Playground, and the exciting addition of a playground and off-leash dog park coming in 2026. Meanwhile, retirees and downsizers will value the peaceful surroundings, walkability, and close-knit community feel. Enjoy the beauty of a landscaped storm pond, proximity to the golf course, and the convenience of a future neighbourhood retail centre with local shops and services just steps away. Best of all, you’re only minutes from Sylvan Lake’s vibrant town centre and waterfront—offering year-round recreation, dining, and entertainment. Whether you're starting fresh, simplifying your lifestyle, or looking to stay connected to family while enjoying a lower cost of living, Grayhawk offers a rare opportunity to build not just a home—but the life you’ve been waiting for.

49 Gray Close, Red Deer County

Courtesy of The Real Estate District.

$152,145
A2299619 MLS® #
Welcome to Grayhawk—Sylvan Lake’s newest thoughtfully designed community, where flexibility, lifestyle, and location come together to create the perfect place to call home. Here, you have the freedom to build your dream your way. Purchase a lot directly through Grayhawk and bring your own preferred builder, or simplify the process by partnering with one of our showhome exclusive preferred builders to secure your lot and select from a variety of expertly designed home plans tailored to your lifestyle. Grayhawk has been carefully planned to appeal to a wide range of homeowners—from growing families to retirees, downsizers, and those relocating to be closer to children and grandchildren. Many buyers are embracing the opportunity to transition from acreage living to a more manageable, low-maintenance home without sacrificing comfort, community, or quality of life. This vibrant neighbourhood offers a dynamic mix of housing options including single-family homes, semi-detached properties, and townhomes—ensuring there’s something for every stage of life. Families will appreciate the future elementary school site, nearby Pogadl Park Spray Park and Playground, and the exciting addition of a playground and off-leash dog park coming in 2026. Meanwhile, retirees and downsizers will value the peaceful surroundings, walkability, and close-knit community feel. Enjoy the beauty of a landscaped storm pond, proximity to the golf course, and the convenience of a future neighbourhood retail centre with local shops and services just steps away. Best of all, you’re only minutes from Sylvan Lake’s vibrant town centre and waterfront—offering year-round recreation, dining, and entertainment. Whether you're starting fresh, simplifying your lifestyle, or looking to stay connected to family while enjoying a lower cost of living, Grayhawk offers a rare opportunity to build not just a home—but the life you’ve been waiting for.

12 Greenwood Drive, Red Deer County

Courtesy of The Real Estate District.

$239,900
A2294798 MLS® #
Welcome to an exceptional opportunity to build your dream home in one of Sylvan Lake’s most desirable and upscale communities - Ryders Ridge. Located at 73 Valley Valli Close, this premium walkout lot is perfectly positioned on a quiet, well-established close surrounded by beautiful, high-end homes, offering an ideal setting for those seeking luxury, tranquility and a strong sense of community. With very few lots remaining in this sought-after area, this is truly a rare find. Measuring an impressive 15.24 meters wide by 40 meters deep, this spacious lot provides ample room to design and build a stunning custom home tailored to your lifestyle. The walkout configuration allows for endless architectural possibilities, including a bright and open lower level with large windows, additional living space and seamless access to your backyard. Whether you envision a modern masterpiece, a timeless family home, or a luxurious retreat, this lot offers the perfect canvas to bring your vision to life. One of the most outstanding features of this property is its incredible location backing onto serene green space owned by the Town of Sylvan Lake. Enjoy added privacy and picturesque views of a charming pond, mature trees and beautifully maintained walking trails right out your back door. This natural setting creates a peaceful and scenic backdrop that can be appreciated year-round, making it ideal for morning walks, evening relaxation, or simply enjoying the beauty of nature from your future deck or patio. Situated in the highly desirable Ryders Ridge neighborhood, this lot offers convenient access to schools, parks, shopping, and all the amenities Sylvan Lake has to offer. The area is known for its quality homes, family-friendly atmosphere, and close proximity to the lake, making it one of the most attractive places to live in Central Alberta. Whether you are raising a family, retiring in comfort, or investing in a premium location, this property checks all the boxes. Immediate possession is available, allowing you to start planning and building without delay. Opportunities like this - combining location, size, views, and prestige - do not come along often. Secure your place in this exceptional community and build the home you have always dreamed of.

73 Valli Close, Red Deer County

Courtesy of RE/MAX real estate central alberta.

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