$1,150,000
$1,244,999
7.6%For more information regarding the value of a property, please contact us for a free consultation.
1262 Township Road 391 Rural Red Deer County, AB T4S 0A7
4 Beds
2 Baths
1,298 SqFt
Key Details
Sold Price $1,150,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,298 sqft
Price per Sqft $885
MLS® Listing ID A2135963
Sold Date 05/13/26
Style Acreage with Residence,Bungalow
Bedrooms 4
Full Baths 1
Half Baths 1
Year Built 1964
Annual Tax Amount $5,941
Tax Year 2025
Lot Size 15.960 Acres
Acres 15.96
Property Sub-Type Detached
Source Calgary
Property Description
Perched high above the shimmering waters of Central Alberta's premier recreation destination, this 15.96-acre estate offers a vantage point like no other. Imagine waking up to sweeping mountain, town, and lake views from your custom-built dream home or a masterfully renovated vintage farmhouse.
This isn't just a homesite; it's a lifestyle. The property features a classic 1964 bungalow with a solid foundation, a recently upgraded septic tank (holding tank), and a secure automatic entry gate. The infrastructure is unparalleled: a heated 40'x56' arch-rib Quonset, a classic hip-roof barn, and multiple sheds.
The Ultimate Bonus: Enjoy an immediate $9,000+ annual revenue stream from a Town of Sylvan Lake water well lease site—featuring a 2% annual increase - and approx. $800+ annually for 8 rented acres. Located steps from the public boat launch, world-class golf, and town amenities, this is the rare opportunity to own the "best seat in the house" while the land pays you to stay.
Location
Province AB
County Red Deer County
Zoning AG
Direction W
Rooms
Basement Full
Interior
Interior Features See Remarks
Heating Forced Air, Natural Gas
Cooling None
Flooring Hardwood, Laminate, Linoleum, Tile
Appliance Dishwasher, Dryer, Range Hood, Refrigerator, Stove(s), Washer, Water Softener
Laundry In Basement
Exterior
Parking Features Single Garage Attached
Garage Spaces 1.0
Fence None
Community Features Golf, Lake, Schools Nearby, Shopping Nearby
Roof Type Asphalt Shingle
Porch Deck
Garage 1
Building
Lot Description Views
Building Description Vinyl Siding, 40' x 50' Quonset with welding plug and furnace / 41' x 30'6" Barn / 60' X 32' Open Faced Pole Shed - steel roofs on all
Foundation Poured Concrete
Sewer Septic Field, Septic Tank
Water Well
Architectural Style Acreage with Residence, Bungalow
Level or Stories One
Structure Type Vinyl Siding
Others
Restrictions None Known
Tax ID 91310258
Ownership Private
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Nearby Locations