About 1262 Township Road 391
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.
Features of 1262 Township Road 391
| MLS® # | A2135963 |
|---|---|
| Price | $1,244,999 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 1 |
| Half Baths | 1 |
| Square Footage | 1,299 |
| Acres | 15.96 |
| Year Built | 1964 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Acreage with Residence, Bungalow |
| Status | Active |
Community Information
| Address | 1262 Township Road 391 |
|---|---|
| Subdivision | NONE |
| City | Rural Red Deer County |
| County | Red Deer County |
| Province | Alberta |
| Postal Code | T4S 0A7 |
Amenities
| Parking | Single Garage Attached |
|---|---|
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | See Remarks |
|---|---|
| Appliances | Dishwasher, Dryer, Range Hood, Refrigerator, Stove(s), Washer, Water Softener |
| Heating | Forced Air, Natural Gas |
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior Features | Dog Run, Private Yard, Storage |
|---|---|
| Lot Description | Views |
| Roof | Asphalt Shingle |
| Construction | Vinyl Siding |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | June 14th, 2024 |
|---|---|
| Days on Market | 666 |
| Zoning | AG |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | CIR Realty |
|---|