Diane Richardson

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703 64 Ave SE #130
Calgary, AB T2H 2C3

Cell: 403.397.3706

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5203 Lakeshore Drive
Central Core Sylvan Lake T4S 1E8

$750,000
Land

Main Photo: 5203 Lakeshore Drive in Sylvan Lake: Central Core Commercial Land for sale : MLS®# A2319778
Photo 1: 5203 Lakeshore Drive in Sylvan Lake: Central Core Commercial Land for sale : MLS®# A2319778
Photo 2: 5203 Lakeshore Drive in Sylvan Lake: Central Core Commercial Land for sale : MLS®# A2319778
Photo 3: 5203 Lakeshore Drive in Sylvan Lake: Central Core Commercial Land for sale : MLS®# A2319778
Photo 4: 5203 Lakeshore Drive in Sylvan Lake: Central Core Commercial Land for sale : MLS®# A2319778
Photo 5: 5203 Lakeshore Drive in Sylvan Lake: Central Core Commercial Land for sale : MLS®# A2319778
Photo 6: 5203 Lakeshore Drive in Sylvan Lake: Central Core Commercial Land for sale : MLS®# A2319778
Photo 7: 5203 Lakeshore Drive in Sylvan Lake: Central Core Commercial Land for sale : MLS®# A2319778
Status:
Active
Prop. Type:
Land
MLS® Num:
A2319778
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 Alberta’s 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.
Additional Images
Alternate Feature Sheet
Sales Brochure
Property Type:
Land
Property Sub Type:
Commercial Land
Condo Type:
Not a Condo
Transaction Type:
For Sale
Lot Area:
9,860 sq. ft.
Bathrooms:
- (Full:-, Half:-)
Plan:
335AD
Ensuite:
No
Utilities:
Electricity at Lot Line, Water At Lot Line, Natural Gas at Lot Line, See Remarks
Garage:
No
Central Core
See Remarks
See Remarks
Title to Land:
Fee Simple
Community Features:
Lake, Shopping Nearby, Sidewalks, Street Lights
Waterfront Features:
See Remarks
Access To Property:
Visual Exposure
Num. of Parcels:
0
Fencing:
None
Region:
Red Deer County
Zoning:
W-DC
Listed Date:
Jun 15, 2026
  • Photo 1: 5203 Lakeshore Drive in Sylvan Lake: Central Core Commercial Land for sale : MLS®# A2319778
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  • Photo 2: 5203 Lakeshore Drive in Sylvan Lake: Central Core Commercial Land for sale : MLS®# A2319778
    Photo 2 of 7
  • Photo 3: 5203 Lakeshore Drive in Sylvan Lake: Central Core Commercial Land for sale : MLS®# A2319778
    Photo 3 of 7
  • Photo 4: 5203 Lakeshore Drive in Sylvan Lake: Central Core Commercial Land for sale : MLS®# A2319778
    Photo 4 of 7
  • Photo 5: 5203 Lakeshore Drive in Sylvan Lake: Central Core Commercial Land for sale : MLS®# A2319778
    Photo 5 of 7
  • Photo 6: 5203 Lakeshore Drive in Sylvan Lake: Central Core Commercial Land for sale : MLS®# A2319778
    Photo 6 of 7
  • Photo 7: 5203 Lakeshore Drive in Sylvan Lake: Central Core Commercial Land for sale : MLS®# A2319778
    Photo 7 of 7
Larger map options:
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Listed by Honestdoor Inc.
Data was last updated September 4, 2026 at 04:05 AM (UTC)
Area Statistics
Listings on market:
39
Avg list price:
$375,000
Min list price:
$65,000
Max list price:
$3,700,000
Avg days on market:
84
Min days on market:
9
Max days on market:
952
These statistics are generated based on the current listing's property type and located in Sylvan Lake. Average values are derived using median calculations. This data is not produced by the MLS® system.
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DIANE RICHARDSON
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.