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5801 Lakeshore Drive
$1,350,000 Sale
Listed 20 hours ago
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Key Facts
Key facts for 5801 Lakeshore Drive
Property Type
Other
Parking
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MLS #
A2258726
Size
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Basement
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Listed on
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Lot size
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Days on Market
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Year Built
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Maintenance Fee
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Description
Prime multi-family development opportunity on Lakeshore Drive in Sylvan Lake! This 2.46-acre parcel is one of the last large development sites along the lakefront corridor and is ideally suited for future higher-density residential under the Town’s Urban Neighbourhood policy. The property is current...ly zoned Future Designation, requiring an Outline Plan and rezoning, but its location and size make it a standout candidate for townhomes, stacked townhouses, or low-rise multi-family. Surrounded by established neighbourhoods and within walking distance to the lake, schools, and amenities, this site offers unmatched potential for a signature residential project. Existing improvements include an older bungalow, barn, and quonset, with value placed on the land for redevelopment. A rare chance to secure premium infill land in one of Central Alberta’s fastest-growing communities.
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Courtesy of: eXp Realty
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