$750,000
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5203 Lakeshore Drive, Sylvan Lake, AB T4S 1E8

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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 Albertas 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 dual 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.

Listing By: Michelle Plach - Honestdoor Inc. cnpilar Realty.com
  • MLS® A2319778
  • Date Listed06/15/2026
  • Days on Realty 41 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.23 acres (9,860 sq. ft)
  • Subdivision Central Core
  • County Red Deer County

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.23
  • Lot Size SQFT 9,860.00
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4S 1E8

Discover key demographics, population statistics, and environmental insights for the Sylvan Lake, AB area.

Walkability in AB / T4S 1E8

Source: Walk Score

72/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

44/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 15/100, Transit Score: 0/100, Bike Score: 28/100.

Points of Interest near 5203 Lakeshore Drive, Sylvan Lake, AB T4S 1E8

Frequently Asked Questions for 5203 Lakeshore Drive

Source: Realty.com

5203 Lakeshore Drive, Sylvan Lake, AB T4S 1E8 in Central Core, Sylvan Lake, AB T4S 1E8 is a commercial land listed at $750,000. Highlights include 0.23 acre lot. Realty.ca has 7 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 7 photos of 5203 Lakeshore Drive.

The full address for this home is 5203 Lakeshore Drive, Sylvan Lake, AB T4S 1E8.

5203 Lakeshore Drive has been listed on Realty.com since Mon June 15, 2026

Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 15/100, Transit Score: 0/100, Bike Score: 28/100.

Listing provided courtesy of: Honestdoor Inc. (tel: 780-965-4662)
Listing agent: Michelle Plach

This content last refreshed on 2026-07-26 16:39:27. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.