Courtesy Of Colleen A Roenspies Of Royal LePage Noralta Real Estate

Hwy 20 Range Rd 391, Rural Red Deer County, AB

$3,640,000

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About Hwy 20 Range Rd 391

SYLVAN LAKE DEVELOPMENT OPPORTUNITY! Prime 123-acre re-development parcel on Hwy 20 across from Jarvis Bay, minutes to Sylvan Lake, Lakewood Golf Resort and key amenities. Just 25 minutes to Red Deer and 90 minutes to Edmonton and Calgary, offering strong regional access. An Area Structure Plan supports a well-designed community with single family, duplex, higher density residential, social care and commercial components. Approximately 40% of lots offer lake views, 15% park side, 15% golf course views and 3% border wetlands, with some lots featuring multiple attributes. Zoning includes R-3 and DCD-25 with alignment to municipal plans. Red Deer County supports increased density and future annexation into Sylvan Lake. Concept planning indicates potential for 950+ units, creating an excellent phased development opportunity in a high-demand recreational market.

Features of Hwy 20 Range Rd 391

MLS® # E4479043
Price $3,640,000
Bathrooms 0.00
Type Rural
Sub-Type Vacant Lot/Land
Status Active

Community Information

Address Hwy 20 Range Rd 391
Area Rural Red Deer County
Subdivision None
City Rural Red Deer County
County ALBERTA
Province AB
Postal Code T4S 1T2

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Suite No
Has Basement No

Exterior

Exterior Features Backs Onto Park/Trees, Golf Nearby, Schools, Shopping Nearby

Additional Information

Date Listed March 24th, 2026
Days on Market 160
Zoning Zone 92
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Colleen A Roenspies Of Royal LePage Noralta Real Estate

Listing Map