$589,000
311 LAKESHORE DR
Cold Lake, Alberta
4bed4bath2,400sqft
Alberta
Cold Lake Real Estate
Browse homes for sale in Cold Lake • Median $271,950
$271,950Median Price
30Avg Days on Market
73Detached13Condo11Commercial9Land3Leasehold1Multi- Unit
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About Cold Lake Real Estate
Cold Lake is a vibrant city located in northeastern Alberta, nestled between the stunning Cold Lake and the lush boreal forest. Established in the early 1950s, the city has evolved from a military base into a thriving community, known for its rich history and strong sense of community. The area is surrounded by natural beauty, offering residents and visitors alike an array of outdoor activities, including boating, fishing, and hiking, particularly in the nearby Cold Lake Provincial Park. The city boasts a diverse character with a perfect blend of urban convenience and small-town charm, making it a unique place to live.
One of Cold Lake's standout features is its strong connection to the Canadian Armed Forces, with the 4 Wing Cold Lake base playing a significant role in the city's identity. This military presence contributes to a multicultural atmosphere, fostering a sense of camaraderie among residents. Cold Lake is also known for its arts and culture scene, which includes local festivals, art shows, and community events that engage residents and celebrate local talent. The city's commitment to community development is evident in its well-maintained parks, recreational facilities, and family-friendly events that cater to all ages.
In addition to its rich history and community spirit, Cold Lake offers a variety of housing options, from cozy single-family homes to modern condos, making it appealing to a wide range of buyers. Its strategic location near major highways provides easy access to larger urban centers while maintaining a peaceful environment. With an active real estate market, Cold Lake continues to attract individuals and families seeking a balance of work, leisure, and quality living in a scenic setting.
88 active listings with a median price of $269,950.
Lifestyle & Community
Living in Cold Lake offers a laid-back lifestyle centered around community and nature. The city is known for its friendly atmosphere, where neighbors know each other and community events are plentiful. Residents enjoy a range of activities from seasonal festivals like the Cold Lake Air Show to weekly farmers' markets that showcase local produce and crafts. The community is active and social, with clubs and organizations that cater to various interests, ensuring there's always something happening. The proximity to the lake provides opportunities for outdoor recreation, contributing to a lifestyle that values health, wellness, and connection to nature.
Local Amenities
- Cold Lake Energy Centre
- Cold Lake Public Library
- Kinosoo Ridge Snow Resort
- Cold Lake Regional Airport
- Various local schools (Elementary, Middle, and High)
- Numerous parks and playgrounds (e.g., Kinsmen Park)
- Local shopping centers and boutiques
- Restaurants and cafes offering diverse cuisine
- Medical clinics and healthcare services
- Fitness and wellness centers
Points of Interest
- Cold Lake Provincial Park
- Kinosoo Ridge Ski Resort
- Cold Lake Museum
- The Cold Lake Marina
- The 4 Wing Cold Lake base
- The Cold Lake Air Force Museum
- The North Saskatchewan River Valley
- Various local art galleries
- The Cold Lake Splash Park
Market Overview
As of October 2023, Cold Lake's real estate market is characterized by 88 active listings with a median listing price of $269,950. This competitive pricing makes it an attractive option for first-time buyers and families looking for affordable housing. The market has shown stability, with a steady demand for homes driven by the city's military presence and outdoor lifestyle. Buyers can expect a variety of home styles, catering to different preferences and budgets, with opportunities for both move-in ready homes and those needing renovation.
Investment Outlook
Cold Lake presents noteworthy investment opportunities, particularly for those interested in rental properties due to its military base and stable population. With a growing demand for housing driven by both military personnel and families, investors can expect a solid rental market. Additionally, the city has seen developments in recreational facilities and local infrastructure, suggesting ongoing growth and potential for future property value increases.
Ideal For
Cold Lake is ideal for first-time buyers, families looking for a friendly community, and military personnel seeking convenient housing options. Additionally, retirees looking for a peaceful lifestyle surrounded by nature, as well as investors eyeing rental opportunities, will find Cold Lake appealing.
Living in Cold Lake
Lifestyle
Living in Cold Lake offers a laid-back lifestyle centered around community and nature. The city is known for its friendly atmosphere, where neighbors know each other and community events are plentiful. Residents enjoy a range of activities from seasonal festivals like the Cold Lake Air Show to weekly farmers' markets that showcase local produce and crafts. The community is active and social, with clubs and organizations that cater to various interests, ensuring there's always something happening. The proximity to the lake provides opportunities for outdoor recreation, contributing to a lifestyle that values health, wellness, and connection to nature.
Local Amenities
Cold Lake Energy CentreCold Lake Public LibraryKinosoo Ridge Snow ResortCold Lake Regional AirportVarious local schools (Elementary, Middle, and High)Numerous parks and playgrounds (e.g., Kinsmen Park)Local shopping centers and boutiquesRestaurants and cafes offering diverse cuisineMedical clinics and healthcare servicesFitness and wellness centers
Market Insights
As of October 2023, Cold Lake's real estate market is characterized by 88 active listings with a median listing price of $269,950. This competitive pricing makes it an attractive option for first-time buyers and families looking for affordable housing. The market has shown stability, with a steady demand for homes driven by the city's military presence and outdoor lifestyle. Buyers can expect a variety of home styles, catering to different preferences and budgets, with opportunities for both move-in ready homes and those needing renovation.
Investment Potential
Cold Lake presents noteworthy investment opportunities, particularly for those interested in rental properties due to its military base and stable population. With a growing demand for housing driven by both military personnel and families, investors can expect a solid rental market. Additionally, the city has seen developments in recreational facilities and local infrastructure, suggesting ongoing growth and potential for future property value increases.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
44
$200K – $400K
31
$400K – $600K
28
$600K – $800K
10
$800K – $1.0M
5
$1.0M – $1.5M
1
$1.5M – $2.0M
2
$2.0M – $3.0M
2
$3.0M+
3
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Frequently Asked Questions About Cold Lake
There are currently 102 active residential listings in Cold Lake. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.