New Listing
131 Sabre Road, Springbrook
$359,900 - 3 Beds, 2 Baths, 870 Sf
MLS® # A2255364
Century 21 Maximum
4738 50 Street E, Sylvan Lake
$349,900
1 Beds
1 Baths
490 Sqft
.15 Acres
1 Garages
This quaint cabin is located only blocks from Lake Shore drive close to shops, restaurants and playgrounds! The cabin has back-alley access with room for RV parking, a detached garage and has been rezoned for multifamily and or commercial mixed use, making this an ideal purchase for investors! If combined with the neighboring tripe lot the development potential is immense with ideal location only blocks from the lake. The double lot measuring 6499 square feet is centrally located and is currently running as a licenced Airbnb from May through September for $180-$250/night, renting for $1600 fully furnished including utilities in the off season. Recent upgrades include; a new roof, eves and gutters were all replaced, and the interior painted spring of 2024. There was foundation work and some insulation added in spring of 2025. An amazing opportunity to own in the hub of Sylvan Lake!
Essential Information
MLS® #A2251325
Price$349,900
Bedrooms1
Bathrooms1.00
Full Baths1
Square Footage490
Acres0.15
Year Built1947
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address4738 50 Street E
SubdivisionDowntown
CitySylvan Lake
CountyRed Deer County
ProvinceAlberta
Postal CodeT4S1G8
Amenities
Parking Spaces3
# of Garages1
Parking
Alley Access, Gravel Driveway, Single Garage Attached
Interior
Interior FeaturesCeiling Fan(s), Wood Windows
CoolingNone
Has BasementYes
BasementCrawl Space, None
FireplacesElectric, Gas
Appliances
Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Heating
Natural Gas, Space Heater, Wall Furnace
Exterior
Exterior FeaturesPrivate Yard
RoofAsphalt Shingle
ConstructionWood Siding
FoundationBlock, Combination, Other
Lot Description
Back Lane, Back Yard, Front Yard, Fruit Trees/Shrub(s), Interior Lot, Treed
Additional Information
ZoningDC-50
Office
Royal LePage Network Realty Corp.
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