$3,100,000
$3,399,000
8.8%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
5 Baths
1,621 SqFt
SOLD DATE : 04/22/2024
Key Details
Sold Price $3,100,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,621 sqft
Price per Sqft $1,912
MLS® Listing ID A2043080
Sold Date 04/22/24
Style Acreage with Residence,Bungalow
Bedrooms 4
Full Baths 2
Half Baths 3
Originating Board Calgary
Year Built 1978
Annual Tax Amount $7,429
Tax Year 2023
Lot Size 144.340 Acres
Acres 144.34
Property Description
Have you been dreaming of owning or developing a lake front property? Here’s the opportunity of a lifetime to create your own Sylvan Lake Paradise! 144.34 acres with approx 290 feet of lakefront just Northwest of Birchcliff on the North-East shores of Sylvan Lake (1 hour & 40-minute drive from Calgary/1 hour & 50 minutes from Edmonton) and just 10 mins to town by car. Stunning lake views from the existing home and yard site, lake access via your own private vehicle accessible lane down to the lake, agricultural land lease revenue, and treed nature area for hiking and exploring. Incredible opportunity to build your dream home, renovate the existing home or develop the 108 acres +/- into an amazing lakeside community for more families to enjoy. Enjoy escaping from the world the minute you hit your treed lined driveway. 1970’s-built hillside walkout bungalow (1,672 sf, 4 bedrooms/2.5 bath), 20’ 5”x24’ garage with 10' boat lean-to, 39’x48’ machine shed-Quonset for extra storage and 572 sf 1960’s log guest cabin. The home has a great layout and 1,132 sf of deck with a portion that is screened in. Take in the 180-degree Southwest view of the lake and enjoy the amazing sunsets. The property boasts 48'x120' asphalt tennis/basketball court with high chain link fence, paddock area for horses, fire pit areas, boathouse with rooftop patio, lake level beach area on a quiet cove of the lake and deep water off the shore where boats can pull up to the dock. In addition to having an accessible lakefront, the property is zoned Agricultural. The 144 acres consists of the building site, lakefront, 100 acres +/- cultivatable acres, and 28 acres +/- treed nature area in the middle of the property with a seasonal creek that runs along the Eastern edge of the trees. The farmland (hay & cultivated cropland) is currently leased in a crop share agreement - revenue in 2023 was $19,100+/-. Through Urban Systems (Engineering Consultant), the Sellers have done a preliminary environmental review, policy and planning analysis, engineering and servicing report, and legal survey and boundary mapping. This includes rough sketches on how the property could be utilized for development. The studies estimate the potential for approximately 150 residential lots. Key features of this property for future development include being in the approved Sylvan Lake ASP and Intermunicipal Development Plan, along the regional sewer line, paved access roads to the property line, large relatively flat uplands, significant tree stand in the center of the site, and lake frontage. The Urban Systems Ltd. report is available upon request. A true “Jewel of the Lake” property opportunity that deserves your immediate and serious consideration!
Location
Province AB
County Lacombe County
Zoning A - Agricultural
Direction E
Rooms
Basement Finished, Walk-Out To Grade
Interior
Interior Features Built-in Features, Ceiling Fan(s), Central Vacuum, Jetted Tub, Kitchen Island, Sauna, See Remarks, Skylight(s)
Heating Forced Air, Natural Gas
Cooling None
Flooring Carpet, Linoleum
Fireplaces Number 2
Fireplaces Type Living Room, Recreation Room, Wood Burning
Appliance Dishwasher, Microwave, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Laundry In Basement
Exterior
Garage Additional Parking, Carport, Double Garage Detached, Driveway, Gravel Driveway
Garage Spaces 2.0
Carport Spaces 1
Garage Description Additional Parking, Carport, Double Garage Detached, Driveway, Gravel Driveway
Fence Partial
Community Features Fishing, Golf, Lake, Park, Playground, Schools Nearby, Shopping Nearby
Waterfront Description Lake Access
Roof Type Asphalt Shingle
Porch Deck, Porch, Screened
Total Parking Spaces 20
Building
Lot Description Back Yard, Beach, Farm, Lake, Many Trees, See Remarks, Waterfront
Building Description Vinyl Siding,Wood Frame, Machine Shed 39'x48'; Log Cabin 572 sf; Boathouse; Garage 34'x20.5
Foundation Poured Concrete
Sewer Septic Field, Septic Tank
Water Well
Architectural Style Acreage with Residence, Bungalow
Level or Stories One
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions Utility Right Of Way
Tax ID 79421473
Ownership Private
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