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SYLVAN LAKE DEVELOPMENT OPPORTUNITY! CALLING ALL INVESTORS AND DEVELOPERS! This Quarter-section (123 acre parcel) is situated in the heart of the Central Alberta Region on Highway 20. To the west is the Summer Village of Jarvis Bay, to the north is TWP Road 391, to the east is the Lakewood Golf Resort and to the south is open farm land which stretches 0.8 kilometers to the town of Sylvan Lake. This Property is located 25 minutes west of Red Deer, and 90 minutes from Calgary and Edmonton. The area structure plan in place consists of 80 single family homes, 260 duplexes, one social care and 2 commercial lots. The lots are Approximately 40% -lakeview, 15% - park side, 15% - Golf Course views and 3% -border pristine wetlands. The farmhouse is currently tenanted. There is a surface lease in place. The Zoning is for Residential Low Density District “R-3” and Direct Control District No.25 “DCD-25” and deemed that the subdivision as proposed complies with The Municipal Government Act, The Municipal Development Plan, The Sylvan Lake/Red Deer County Intermunicipal Plan, The Sanbar Local Area Structure Plan and The Land Use Bylaw. Red Deer County supports the amendment to increase densities in the area and recognizes that the Plan Area will eventually be annexed into the Town of Sylvan Lake. This increase in density will be completed by utilizing the Town of Sylvan Lake policies, developing as per the Towns Land Use Bylaw, and introducing a significant amount of higher density housing options in the form of townhouses and apartment buildings. Through the creation of the initial Concept Plan, there is potential for 950+ units through a mixture of fee simple lots (600 units) and condominium developments (360 units). As the project advances to the municipal circulation and approval stage, the Concept Plan and densities will be refined, with both Red Deer County as the approval body and the Town of Sylvan Lake as the adjacent municipality. Discussions with the Town of Sylvan Lake have also occurred, and they are supportive of the development, recognizing that it would be annexed into the Town, in the future. Servicing of the lands has been described in both the County's and Town’s infrastructure master plans. All services will be provided by the Town of Sylvan Lake through interim and ultimate options. Ongoing discussions will be had as part of the planning and future detailed design processes to advance the development of Sanbar Estate.Contact us today for more information!
We would highly recommend Big John and his team. Selling a property can be highly stressful. They...
Rick B
5/5.0
We had a great experience years ago when Big John was our realtor of choice. Some things have...
Jim and Leslie G.
Recent Customer Reviews
We would highly recommend Big John and his team. Selling a property can be highly stressful. They alleviated much of that stress by keeping us informed throughout the whole process. Their professional advice was invaluable. We truly appreciated all of the team and thank them for their service
Rick B
We had a great experience years ago when Big John was our realtor of choice. Some things have changed but, Big John was every bit as professional now as years ago, Thanks to technology, the photos, video and brochures were absolutely great! When we saw our home on the website, we wanted to buy it. The showing process was also excellent. Easy to approve a showing and easy for us to make arrangements. Hopefully, we won't need Big John's services any time soon but, we will definitely recommend him and his team to anyone that should ask.
Thank you for making the experience a positive one.
Best regards
Jim and Leslie G.
Jim and Leslie G.
There are 0 bedrooms and 0 bathrooms in this Land listing at Highway 20 Township Road 391 , MLS® A2235823.
This Land listings is priced at $5,000,000.
This property is located at Highway 20 Township Road 391 , Sylvan Lake, Alberta, T4S 1T2 in the Grayhawk community on the market for 124 days. View location on Google maps.
You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our Grayhawk community resources page.
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