5023 36 Street , Sylvan Lake, Alberta

$589,900

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4

Beds

2

Baths

1,240

Square feet

0.13

Acres

About 5023 36 Street

What if one home gave you two opportunities? Tucked just half a block from the water in Sylvan Lake’s cottage area, this charming 1.5 storey loft style home invites you into a lifestyle that feels like summer all year long. Step inside and you’re immediately greeted by soaring vaulted ceilings and an abundance of natural light streaming through all the west facing windows, creating a bright, airy space that perfectly captures that relaxed, sun-filled lake life feel. The open-concept kitchen, dining, and living area is warm, inviting, and made for connection—whether it’s slow mornings with coffee or evenings filled with laughter and good company. Thoughtful updates, including vinyl plank flooring throughout the kitchen and living area and a new gas stove, add both style and function to the heart of the home. Currently operating as a successful short-term rental, this property is being sold fully furnished including all household items, making it a seamless, turn-key investment. Or… maybe you keep it all for yourself. With two bedrooms, a full four-piece bath, and laundry on the main floor, plus two additional bedrooms and a two-piece bath upstairs, there’s room for everyone to gather, unwind, and create lasting memories. Imagine beach days just steps away, sunset walks along the water, and cozy nights around the fire. Outside, the spacious backyard offers a deck, a welcoming fire pit area, alley access, and plenty of parking on the newly added gravel pad—perfect for hosting guests or accommodating short-term rentals. Set on a crawlspace for additional storage and with a new hot water tank (2023), this home blends comfort, function, and timeless character. Whether you’re looking for a proven Airbnb investment or your own private lake escape, this is a rare opportunity to own in one of Sylvan Lake’s most desirable location, just steps from the beach.

Features of 5023 36 Street

MLS® # A2296606
Price $589,900
Bedrooms 4
Bathrooms 2.00
Full Baths 1
Half Baths 1
Square Footage 1,240
Acres 0.13
Year Built 1998
Type Residential
Sub-Type Detached
Style 1 and Half Storey
Status Active

Community Information

Address 5023 36 Street
Subdivision Cottage Area
City Sylvan Lake
County Red Deer County
Province Alberta
Postal Code T4S 1B2

Amenities

Parking Spaces 4
Parking Gravel Driveway, Parking Pad
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling Fan(s), Closet Organizers, High Ceilings, Open Floorplan
Appliances Gas Range, Refrigerator, Washer/Dryer
Heating Forced Air
Cooling Window Unit(s)
Fireplace No
Has Basement Yes
Basement Crawl Space

Exterior

Exterior Features Fire Pit, Private Yard
Lot Description Back Lane, Back Yard, Front Yard
Roof Asphalt Shingle
Construction Vinyl Siding
Foundation See Remarks

Additional Information

Date Listed March 31st, 2026
Days on Market 12
Zoning R5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCIR Realty

Listing Map

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