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5307 48 Avenue
Downtown Sylvan Lake T4S 1G5

$614,700
Residential beds: 3 baths: 2.0 1,432 sq. ft. built: 1962

Main Photo: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 1: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 2: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 3: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 4: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 5: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 6: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 7: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 8: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 9: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 10: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 11: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 12: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 13: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 14: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 15: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 16: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 17: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 18: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 19: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
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Photo 22: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
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Photo 34: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 35: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 36: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 37: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 38: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Photo 39: 5307 48 Avenue in Sylvan Lake: Downtown Detached for sale : MLS®# A2328824
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2328824
Bedrooms:
3
Bathrooms:
2
Year Built:
1962
WOW! Come and experience a half-acre property right in the town of Sylvan Lake! This corner lot offers ample parking, faces the lake, and features minimal sidewalk to shovel. Step into this spacious 4-level split with a large living room and dining area complete with hardwood flooring, a cozy wood-burning fireplace, and large windows that fill the space with natural light. Upstairs, you’ll find two bedrooms with good closet space along with a 4-piece bathroom featuring a new sink. The lower level includes another generously sized bedroom and a 3-piece bath, while the lowest level boasts a newly renovated family room with beautiful vinyl plank flooring and an additional wood-burning fireplace. The attached double garage provides easy access to the large laundry room, which has been updated with new flooring, a new washing machine, cupboards, and plenty of counter space. Additional upgrades throughout the home include a new hot water tank, new lino and toilet in the downstairs bathroom, new lighting, and a newer sewer line for added peace of mind. Outside, enjoy the newly poured concrete at the front along with a brand-new front step. There is room for everyone in this unique home, located just minutes from the marina, golf course, restaurants, and shopping. The property is currently on a well, with city water connection planned for 2027. Enjoy the sprawling yard complete with fruit trees and an outdoor brick fireplace—perfect for relaxing or entertaining.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
4 Level Split
Total Living Area:
1,432 sq. ft.
Acreage:
No
Lot Area:
23,711 sq. ft.
Lot Frontage:
223'1"
Front Exposure:
North
Levels:
4 Level Split
Total Rooms Above Grade:
6
Year built:
1962 (Age: 64)
Bedrooms:
3 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms On Main:
0
Bedrooms Below Grade:
1
Bathrooms:
2.0 (Full:2, Half:0)
Num Ensuite Baths:
0
Plan:
4048MC
Heating:
Forced Air
Basement:
Full, Finished, None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Flat Torch Membrane
Ensuite:
No
Flooring:
Carpet, Linoleum, Vinyl Plank
Cooling:
None
Fireplaces:
2
Fireplace Details:
Wood Burning
Garage:
Yes
Garage Spaces:
2
Parking:
Carport, Double Garage Attached
Parking Places:
6
Parking Total/Covered:
6 / -
Laundry Features:
In Basement
Downtown (Sylvan Lake)
Dryer, Garage Control(s), Refrigerator, Stove(s), Washer
Refrigerator, Stove, Washer, Dryer, Garage Door Control(s), Shed
None Known
Floor
Type
Size
Other
Main Floor
Dining Room
13'3" × 11'8"
Main Floor
Foyer
13'11" × 8'1"
Main Floor
Kitchen
14'10" × 12'10"
Main Floor
Living Room
19'8" × 13'11"
2nd Floor
Bedroom
15'4" × 12'
2nd Floor
Bedroom - Primary
17'10" × 10'9"
Lower Level
Bedroom
14'10" × 11'6"
Lower Level
Laundry
13' × 12'5"
Lower Level
Storage
6'3" × 4'10"
Lower Level
Furnace/Utility Room
6'7" × 5'11"
Basement
Game Room
26'1" × 25'6"
Basement
Furnace/Utility Room
6' × 4'11"
Floor
Ensuite
Pieces
Other
2nd Floor
No
4
9'10" x 6'10"
Lower Level
No
3
7'5" x 6'9"
Title to Land:
Fee Simple
Community Features:
Golf, Lake, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Interior Features:
No Animal Home, No Smoking Home
Exterior Features:
Courtyard, Fire Pit
Patio And Porch Features:
Other
Lot Features:
Back Lane, Corner Lot, Front Yard, Fruit Trees/Shrub(s), Landscaped
Num. of Parcels:
0
Fencing:
None
Region:
Red Deer County
Zoning:
R1
Listed Date:
Jul 18, 2026
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Listed by Royal LePage Network Realty Corp.
Data was last updated July 24, 2026 at 12:05 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$342,900
Min list price:
$199,000
Max list price:
$709,900
Avg days on market:
43
Min days on market:
3
Max days on market:
332
Avg price per sq.ft.:
$330.38
These statistics are generated based on the current listing's property type and located in Downtown. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON

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