$164,900
5434 Eastview CR
Redwater, Alberta
3bed2bath1,056sqft
Alberta
Redwater Real Estate
Browse homes for sale in Redwater • Median $291,516
$291,516Median Price
30Avg Days on Market
13Detached3Land2Commercial1Condo
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Homes for Sale in Redwater
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About Redwater Real Estate
Redwater, located just 50 kilometers northeast of Edmonton, is a charming city steeped in history. Originally established in 1908 as a railway stop, the town has grown into a friendly community known for its rich agricultural roots and strong industrial backdrop, especially with the nearby oil and gas sector. Redwater is characterized by its small-town feel, where residents enjoy a tight-knit community atmosphere while having access to essential amenities and services. The town's unique position along the North Saskatchewan River adds to its picturesque setting, making it a desirable location for nature lovers and outdoor enthusiasts alike.
The city has a diverse character, blending the rustic charm of rural living with modern conveniences. Redwater boasts a range of local businesses, from quaint shops to essential services, creating a vibrant local economy. Unique highlights include the Redwater Community Centre, a hub for events and activities that fosters community spirit, and the nearby Redwater Park, which offers beautiful walking trails and picnic areas. This blend of community engagement and natural beauty makes Redwater appealing to a variety of buyers.
Families are drawn to Redwater for its excellent local schools, parks, and recreational opportunities. The town hosts several community events throughout the year, including farmers' markets and seasonal festivals that celebrate local culture and encourage neighborly connections. Additionally, the proximity to Edmonton allows residents to enjoy urban amenities while maintaining the tranquility of small-town life. Whether you’re an outdoor enthusiast or someone who appreciates community-driven living, Redwater has something for everyone.
10 active listings with a median price of $229,950.
Lifestyle & Community
Living in Redwater offers a relaxed, community-oriented lifestyle where neighbors know each other and local events bring everyone together. The vibe here is friendly and welcoming, with a strong emphasis on family and community values. Residents often participate in local events such as the annual Redwater Heritage Days, which celebrates the town's history through parades, music, and food. The local culture thrives through community groups and initiatives, fostering a sense of belonging and pride among residents. With its beautiful landscapes and well-maintained parks, Redwater provides numerous opportunities for outdoor activities, making it an ideal place for those who enjoy a balance of social engagement and nature.
Local Amenities
- Redwater Community Centre
- Redwater Library
- Local grocery stores
- Health services including a clinic
- Various dining options
- Parks and recreational areas
- Schools (K-12)
- Fitness facilities
- Gas stations
- Public transit access
- Local shops and boutiques
Points of Interest
- Redwater Park
- Heritage Park
- Redwater Museum
- North Saskatchewan River Valley
- Redwater Golf Club
- Nearby Elk Island National Park
- Local farmers' markets
- Community events and festivals
- Diverse wildlife viewing opportunities
- Historic railway sites
Market Overview
The current real estate market in Redwater is characterized by 10 active listings, with a median listing price of $229,950. This price point makes Redwater an attractive option for first-time homebuyers and those looking for affordable housing near Edmonton. The market is currently stable, with a healthy balance of supply and demand, making it a favorable time for buyers to enter the market. As interest rates fluctuate, potential homeowners should expect competitive offers, especially on well-maintained properties in desirable locations within the city.
Investment Outlook
Redwater presents solid investment opportunities, particularly for those interested in rental properties due to its proximity to Edmonton and growing local economy. The demand for affordable housing in this area makes it ideal for investors looking to capitalize on rental income. With ongoing development in the nearby oil and gas sector, the town is poised for growth, which could enhance property values over time. Investors should keep an eye on emerging developments and local planning initiatives that could further drive interest in the area.
Ideal For
Redwater is ideal for first-time buyers seeking affordability, families looking for a community-oriented environment, and retirees desiring a peaceful lifestyle close to nature. Investors may also find opportunities here due to the favorable rental market and growth potential. This city appeals to anyone who values a strong sense of community while being within reach of urban amenities.
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Redwater market — live snapshot
Pulled directly from current MLS® data. Updated every page load.
Active listings
22
Median list price
$299K
Median $/sqft
$178
Price range (middle 50%)
$171K – $807K
Price by bedroom — Redwater actives
| Active | Median price | |
|---|---|---|
| 1 bed | 2 | $205K |
| 3 bed | 4 | $282K |
| 4 bed | 1 | $320K |
| studio bed | 5 | $125K |
Property mix — Redwater actives
| Active | Median price | |
|---|---|---|
| Detached | 12 | $222K |
| Land | 6 | $575K |
| Commercial | 4 | $830K |
Most-listed neighborhoods in Redwater
| Active | Median price | |
|---|---|---|
| Redwater | 8 | $830K |
Living in Redwater
Lifestyle
Living in Redwater offers a relaxed, community-oriented lifestyle where neighbors know each other and local events bring everyone together. The vibe here is friendly and welcoming, with a strong emphasis on family and community values. Residents often participate in local events such as the annual Redwater Heritage Days, which celebrates the town's history through parades, music, and food. The local culture thrives through community groups and initiatives, fostering a sense of belonging and pride among residents. With its beautiful landscapes and well-maintained parks, Redwater provides numerous opportunities for outdoor activities, making it an ideal place for those who enjoy a balance of social engagement and nature.
Local Amenities
Redwater Community CentreRedwater LibraryLocal grocery storesHealth services including a clinicVarious dining optionsParks and recreational areasSchools (K-12)Fitness facilitiesGas stationsPublic transit accessLocal shops and boutiques
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
10
$200K – $400K
7
$400K – $600K
4
$800K – $1.0M
5
$3.0M+
1
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Carole Dacko
Real Estate Agent
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Frequently Asked Questions About Redwater
How many homes are for sale in Redwater?
There are currently 20 active residential listings in Redwater. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.
What is the median home price in Redwater?
The median list price for homes in Redwater is $291,516. Actual prices vary by property type, size, and neighbourhood. Use the filters above to narrow your search by price range.
What types of properties are available in Redwater?
Properties available in Redwater include Detached (13), Land (3), Commercial (2), Condo (1). You can filter by property type using the search options on this page.
How long do homes stay on the market in Redwater?
Homes in Redwater spend a median of 30 days on market. This can vary depending on price range, property type, and local market conditions.
How often are listings updated for Redwater?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.
Are there neighbourhood-level listings for Redwater?
Yes. You can browse homes in specific neighbourhoods within Redwater using the area links on this page. Each neighbourhood page includes local stats, pricing data, and property details.