For Sale: 5203 Lakeshore Drive, Sylvan Lake, AB - REW
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$750,000
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5203 Lakeshore Drive
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$750,000
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5203 Lakeshore DriveSylvan Lake, AB, T4S 1E8

  • 0 Bed
  • Bath
  • Sqft
  • Land/Lot

About this home

Click Brochure link for more details** Lakeshore Corner represents an exceptional opportunity to acquire a 9,860 sqft development siter featuring 53 feet of prime frontage on Lakeshore Drive. The offering is elevated by the potential for a significant land assemblage opportunity to also acquire the adjacent Edgewater Inn and the 5207 Lakeshore Drive property. This strategic combination allows for the creation of a landmark consolidated site, unlocking the potential for a large-scale project that would command a premier corner of the waterfront. A future development will benefit from unparalleled access to Sylvan Lake's best amenities and a location next to existing luxury projects. With deep municipal utilities ready at the lot line, the Site provides the ideal foundation for a landmark commercial and residential development in one of Alberta’s most popular lakeside communities. The Site is the definitive epicenter of Sylvan Lake, located just steps from the 1.6 km waterfront promenade and sandy beach. It is situated in the heart of the high-traffic commercial strip, offering a brief two to five minute walk to the town's most popular destinations, including the pier, microbreweries, rooftop dining, and public boat launches. Sylvan Lake is a proven year-round destination. Beyond the summer draw of boating and the Aqua Splash, the town hosts major events like Canada Day and Winterfest. In winter, the vibrant Winter Village, ice skating, and ice fishing drive continuous visitor traffic and commercial demand, ensuring year-round viability for retail and desirability for residents. The lot is located in the Waterfront Commercial District (CW). This valuable designation encourages mixed-use developments that blend ground-floor retail, tourist services, or restaurants with upper-floor residential or multi-family condo units. The site commands a strategic corner location with 53 feet of premium frontage on Lakeshore Drive and an additional 97 feet along 52nd Street. This du al frontage ensures maximum brand visibility, offers prominent lake views, and provides flexible design and access options for future development. Being positioned in a mature, established municipal grid, the lot boundaries are serviced with deep municipal water, sewer, natural gas, and electricity lines, making development planning far faster than rural lakefront plots. (id:63626)
Listed by: Michelle A Plach, Associate, HonestDoor Inc

Home facts and features

Price details
List Price
$750,000
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Gross Taxes for 2025
$6,442
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
9860 ft²
Depth
Title
Freehold
Features
Visual exposure
Agent details
Primary Agent
Primary Broker
HonestDoor Inc
Listing details
Days on REW
38 Days
MLS® Number
A2319778
Source
Canadian Real Estate Association
Board
Calgary Real Estate Board
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25 Years
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Property Insights

École H.J. Cody High School
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Equinox Group Home
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École Fox Run School
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Sylvan Lake Career High School
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École Steffie Woima Elementary School
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C. P. Blakely Elementary School
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Mother Teresa
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Lighthouse Christian School
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Beacon Hill Elementary School
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Our Lady Of The Rosary School
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Call Agent
Michelle Plach
Phone:
780-235-6860
Office:
780-965-4662
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