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1262 Township Road 391
Rural Red Deer County
T4S 0A7
$1,244,999
Residential
beds: 4
baths: 2.0
1,299 sq. ft.
built: 1964
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2135963
- Bedrooms:
- 4
- Bathrooms:
- 2
- Year Built:
- 1964
- Photos (34)
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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.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- No
- Num Legal Suites:
- 0
- Num Illegal Suites:
- 0
- Home Style:
- Acreage with Residence, Bungalow
- Total Living Area:
- 1,298.6 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
- Signup
- Taxes:
- Signup
- Tax Assessed Value:
- Signup
- HOA Fee Includes:
- Signup
- Acreage:
- Yes
- Lot Area:
- 16 acre(s)
- Acres Cleared:
- Signup
- Acres Cultivated:
- Signup
- Acres Irrigated:
- Signup
- Acres Leasehold:
- Signup
- Acres Not Cultivated:
- Signup
- Acres Freehold:
- Signup
- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
- Signup
- Front Exposure:
- West
- Reg. Size:
- Signup
- Reg. Size Includes:
- Signup
- Levels:
- One
- Total Rooms Above Grade:
- 6
- Year built:
- 1964 (Age: 62)
- Bedrooms:
- 4 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 1
- Bathrooms:
- 2.0 (Full:1, Half:1)
- Plan:
- 2421720
- Heating:
- Forced Air, Natural Gas
- Basement:
- Full, Finished
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Vinyl Siding
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Hardwood, Laminate, Linoleum, Tile
- Cooling:
- None
- Fireplaces:
- 0
- Water Supply:
- Well
- Sewer:
- Septic Field, Septic Tank
- Garage:
- Yes
- Garage Spaces:
- 1
- Parking:
- Single Garage Attached
- Laundry Features:
- In Basement
- Dishwasher, Dryer, Range Hood, Refrigerator, Stove(s), Washer, Water Softener
- Washer, Dryer, Fridge X2, Central vac, Water softener, Range hood, Stove, Dishwasher
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Bedroom
- 35'6" × 30'7"
- Main Floor
- Bedroom
- 35'10" × 31'9"
- Main Floor
- Dining Room
- 44'7" × 35'
- Main Floor
- Kitchen
- 34'9" × 24'10"
- Main Floor
- Laundry
- 35'6" × 33'8"
- Main Floor
- Living Room
- 64'3" × 45'5"
- Main Floor
- Mud Room
- 76'10" × 43'3"
- Main Floor
- Bedroom - Primary
- 47'4" × 36'1"
- Basement
- Bedroom
- 44'10" × 33'8"
- Basement
- Game Room
- 91'4" × 44'7"
- Basement
- Storage
- 20'9" × 20'3"
- Basement
- Other
- 91'4" × 87'6"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 1
- 16'8" x 7'1"
- Main Floor
- No
- 4
- 21'1" x 35'6"
- Title to Land:
- Fee Simple
- Community Features:
- Golf, Lake, Schools Nearby, Shopping Nearby
- Interior Features:
- See Remarks
- Exterior Features:
- Dog Run, Private Yard, Storage
- Patio And Porch Features:
- Deck
- Lot Features:
- Views
- Num. of Parcels:
- 0
- Outbuildings:
- Shed, Barn, Quonset
- Fencing:
- None
- Nearest Town:
- Sylvan Lake
- Region:
- Red Deer County
- Zoning:
- AG
- Listed Date:
- Jun 14, 2024
- Days on Mkt:
- Signup
-
Photo 1 of 34 -
View of Sylvan Lake
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1262 Twp 391 Red Deer County
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Laneway & Outbuildings
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Photo 5 of 34
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Deck
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Deck
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Deck
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Living Room
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Dining/Kitchen
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Kitchen
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Dining
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Dining
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Kitchen
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Bedroom
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Bedroom
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Bathroom
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Bedroom
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Bedroom
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Rec Room
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Breezeway
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Breezeway
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Single Attached Garage
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Photo 24 of 34
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Photo 25 of 34
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40' x 50' Quonset with welding plug, furnace
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onset with welding 41' x 30'6" Barn
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60' X 32' Open Faced Pole Shed
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Photo 29 of 34
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Photo 30 of 34
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Photo 31 of 34
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Photo 32 of 34
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Photo 33 of 34
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Photo 34 of 34
3D Tour
Listed by CIR Realty
Data was last updated April 18, 2026 at 10:05 AM (UTC)
Area Statistics
- Listings on market:
- 74
- Avg list price:
- $799,450
- Min list price:
- $149,900
- Max list price:
- $3,799,000
- Avg days on market:
- 44
- Min days on market:
- 1
- Max days on market:
- 673
- Avg price per sq.ft.:
- $447.36
These statistics are generated based on the current listing's property type
and located in
Rural Red Deer County. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- MELANIE BARCLAY
- COLDWELL BANKER ONTRACK REALTY
- 1 (403) 5977301
- Contact by Email
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