1.36 km
Distance
Prime multi-family development opportunity on Lakeshore Drive in Sylvan Lake! This 2.46-acre parcel is one of the last large development sites along the lakefront corridor and is ideally suited for future higher-density residential under the Towns Urban Neighbourhood policy. The property is currently zoned Future Designation, requiring an Outline Plan and rezoning, but its location and size make it a standout candidate for townhomes, stacked townhouses, or low-rise multi-family. Surrounded by established neighbourhoods and within walking distance to the lake, schools, and amenities, this site offers unmatched potential for a signature residential project. Existing improvements include an older bungalow, barn, and quonset, with value placed on the land for redevelopment. A rare chance to secure premium infill land in one of Central Albertas fastest-growing communities.
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Sylvan Lake, AB area.
1/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
28/100
Bikable
Bike Score ®
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 14/100, Transit Score: 0/100, Bike Score: 26/100.
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1.74 km
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1.75 km
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1.36 km
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1.71 km
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1.71 km
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1.72 km
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1.73 km
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1.74 km
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1.36 km
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1.4 km
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1.71 km
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1.75 km
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38449 Highway 20, Sylvan Lake, AB T4S1Z7
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48 Street 53 Avenue, Benalto, AB T0M0H0
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36579 Highway 2 Service Road Nb Road N, Rural Red Deer County, AB T0M1R0
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36579 Highway 2 Service Road Nb Road N, Rural Red Deer County, AB T0M1R0
3 bds • 2 ba • 0 sqft
TWP ROAD 420 Road NE, Rural Ponoka County, AB T0C2J0
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70 Acres SE of Innisfial, Rural Red Deer County, AB T4S0M6
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5801 Lakeshore Drive
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130 Pelican Place
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1 Irvin Way
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1 Irvin Way
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38449 Highway 20
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38449 Highway 20
Source: Realty.com
5801 Lakeshore Drive, Sylvan Lake, AB T4S 1T9 in NONE, Sylvan Lake, AB T4S 1T9 is a commercial land listed at $1,250,000. Highlights include 2.46 acre lot. Realty.ca has 9 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 9 photos of 5801 Lakeshore Drive.
The full address for this home is 5801 Lakeshore Drive, Sylvan Lake, AB T4S 1T9.
5801 Lakeshore Drive has been listed on Realty.com since Thu September 18, 2025
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 14/100, Transit Score: 0/100, Bike Score: 26/100.
Listing provided courtesy of:
eXp Realty - Sylvan Lake
(tel: 403-887-1237)
Listing agent:
Kevin Lapp
(tel: 403-887-1237)
This content last refreshed on 2026-09-29 23:42:18. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.