1262 Township Road 391
Rural Red Deer County T4S 0A7
MLS® Number: A2135963
$ 1,244,999
4
BEDROOMS
1 + 1
BATHROOMS
1,299
SQUARE FEET
1964
YEAR BUILT
Rees Smith
403-350-7815
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.
| COMMUNITY | |
| PROPERTY TYPE | Detached |
| BUILDING TYPE | House |
| STYLE | Acreage with Residence, Bungalow |
| YEAR BUILT | 1964 |
| SQUARE FOOTAGE | 1,299 |
| BEDROOMS | 4 |
| BATHROOMS | 2.00 |
| BASEMENT | Full |
| AMENITIES | |
| APPLIANCES | Dishwasher, Dryer, Range Hood, Refrigerator, Stove(s), Washer, Water Softener |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | Hardwood, Laminate, Linoleum, Tile |
| HEATING | Forced Air, Natural Gas |
| LAUNDRY | In Basement |
| LOT FEATURES | Views |
| PARKING | Single Garage Attached |
| RESTRICTIONS | None Known |
| ROOF | Asphalt Shingle |
| TITLE | Fee Simple |
| BROKER | CIR Realty |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| Bedroom | 33`8" x 44`10" | Basement |
| Game Room | 91`4" x 44`7" | Basement |
| Storage | 20`9" x 20`3" | Basement |
| Other | 91`4" x 87`6" | Basement |
| 1pc Bathroom | 7`1" x 16`8" | Main |
| 4pc Bathroom | 35`6" x 21`1" | Main |
| Bedroom | 35`6" x 30`7" | Main |
| Bedroom | 31`9" x 35`10" | Main |
| Dining Room | 35`0" x 44`7" | Main |
| Kitchen | 34`9" x 24`10" | Main |
| Laundry | 33`8" x 35`6" | Main |
| Living Room | 45`5" x 64`3" | Main |
| Mud Room | 76`10" x 43`3" | Main |
| Bedroom - Primary | 47`4" x 36`1" | Main |
