$374,900
27 Legend Court
Sylvan Lake, Alberta
3bed3bath1,332sqft
Alberta
Sylvan Lake Real Estate
Browse homes for sale in Sylvan Lake • Median $459,950
$459,950Median Price
30Avg Days on Market
99Detached13Condo7Commercial4Other2Land1House
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About Sylvan Lake Real Estate
Sylvan Lake, a charming city nestled in central Alberta, is renowned for its stunning natural beauty and vibrant community spirit. Originally established as a resort town in the early 1900s, it has grown into a thriving residential area while maintaining its picturesque lakeside charm. The city is situated along the shores of Sylvan Lake, making it a popular destination for both locals and tourists seeking outdoor recreation and relaxation. This unique blend of natural landscapes and urban amenities attracts a diverse population, from young families to retirees, all drawn to the serene environment and family-friendly atmosphere.
One of the defining characteristics of Sylvan Lake is its strong sense of community. Residents often gather at local events such as the annual Sylvan Lake Canada Day Celebration and the Winterfest, fostering a welcoming atmosphere that encourages social interaction. The city offers various recreational activities, with the lake providing opportunities for swimming, boating, and fishing in the summer months, while winter transforms it into a hub for ice skating and snowshoeing. The scenic walking trails and parks add to the area's appeal, making it a desirable place for those who appreciate an active lifestyle.
Sylvan Lake's real estate market is marked by its variety of housing options, from charming lakefront properties to family homes in well-established neighborhoods. The current median listing price of $399,900 reflects the accessibility of homeownership in this area, making it attractive to first-time buyers and families looking to settle in a friendly community. Additionally, the proximity to Red Deer, just a short drive away, enhances the appeal for commuters who work in larger urban centers but prefer the tranquility of lakeside living. Overall, Sylvan Lake offers a unique blend of natural beauty, community engagement, and a relaxed lifestyle, ensuring that it remains a sought-after destination in Alberta.
114 active listings with a median price of $399,900.
Lifestyle & Community
Living in Sylvan Lake means embracing a lifestyle centered around community and outdoor recreation. Residents enjoy a laid-back vibe with numerous opportunities for socializing, from local farmers' markets to community festivals. The town is family-oriented, with parks and playgrounds dotting the landscape, making it an ideal place for children to grow up. The local culture thrives on seasonal events and activities, with opportunities for residents to engage in everything from boating and hiking in the summer to ice fishing and snow sports in the winter. Sylvan Lake fosters a sense of belonging, creating a welcoming environment for newcomers and long-time residents alike.
Local Amenities
- Sylvan Lake Provincial Park
- Sylvan Lake Aquatic Centre
- Local grocery stores (e.g., Sobeys, No Frills)
- Restaurants and cafes (e.g., The Beach House, The Coffee Cottage)
- Sylvan Lake Library
- Walking trails and parks
- Sports fields and recreational facilities
- Local schools (e.g., École Maryview, H.J. Cody High School)
- Health services (e.g., Sylvan Lake Medical Clinic)
- Art galleries and community centers
Points of Interest
- Sylvan Lake
- Sylvan Lake Boardwalk
- Wild Rapids Water Slide Park
- The Sylvan Lake Lighthouse
- The Historic Sylvan Lake Train Station
- Sylvan Lake Golf and Country Club
- The Lakeside Farmers' Market
- The Sylvan Lake Arts Centre
- Kinsmen Aquatic Centre
- The Sylvan Lake Skate Park
Market Overview
The current real estate market in Sylvan Lake features 114 active listings, with a median listing price of $399,900. This indicates a balanced market catering to a wide range of buyers, from first-time homeowners to those looking for vacation properties. Given the city's appeal as a recreational destination, buyers can expect a mix of lakefront properties and family homes. Market trends suggest steady demand, driven by the area's lifestyle offerings and proximity to Red Deer, making this a favorable time for prospective buyers.
Investment Outlook
Sylvan Lake presents promising investment opportunities, particularly in the rental market, due to its status as a popular vacation destination. With a growing number of seasonal rentals catering to tourists, property owners can benefit from attractive rental yields. Furthermore, the city's continued development and infrastructure improvements enhance its allure for long-term investments. The blend of natural beauty and community amenities indicates potential for future growth, making it an ideal choice for investors looking to capitalize on Alberta's real estate market.
Ideal For
Sylvan Lake is ideal for first-time buyers seeking an affordable entry into homeownership, families looking for a tight-knit community with ample recreational opportunities, and retirees desiring a peaceful lakeside lifestyle. Additionally, investors can find lucrative opportunities in the rental market, making this area attractive to a wide range of potential buyers.
Living in Sylvan Lake
Lifestyle
Living in Sylvan Lake means embracing a lifestyle centered around community and outdoor recreation. Residents enjoy a laid-back vibe with numerous opportunities for socializing, from local farmers' markets to community festivals. The town is family-oriented, with parks and playgrounds dotting the landscape, making it an ideal place for children to grow up. The local culture thrives on seasonal events and activities, with opportunities for residents to engage in everything from boating and hiking in the summer to ice fishing and snow sports in the winter. Sylvan Lake fosters a sense of belonging, creating a welcoming environment for newcomers and long-time residents alike.
Local Amenities
Sylvan Lake Provincial ParkSylvan Lake Aquatic CentreLocal grocery stores (e.g., Sobeys, No Frills)Restaurants and cafes (e.g., The Beach House, The Coffee Cottage)Sylvan Lake LibraryWalking trails and parksSports fields and recreational facilitiesLocal schools (e.g., École Maryview, H.J. Cody High School)Health services (e.g., Sylvan Lake Medical Clinic)Art galleries and community centers
Market Insights
The current real estate market in Sylvan Lake features 114 active listings, with a median listing price of $399,900. This indicates a balanced market catering to a wide range of buyers, from first-time homeowners to those looking for vacation properties. Given the city's appeal as a recreational destination, buyers can expect a mix of lakefront properties and family homes. Market trends suggest steady demand, driven by the area's lifestyle offerings and proximity to Red Deer, making this a favorable time for prospective buyers.
Investment Potential
Sylvan Lake presents promising investment opportunities, particularly in the rental market, due to its status as a popular vacation destination. With a growing number of seasonal rentals catering to tourists, property owners can benefit from attractive rental yields. Furthermore, the city's continued development and infrastructure improvements enhance its allure for long-term investments. The blend of natural beauty and community amenities indicates potential for future growth, making it an ideal choice for investors looking to capitalize on Alberta's real estate market.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
10
$200K – $400K
47
$400K – $600K
62
$600K – $800K
22
$800K – $1.0M
5
$1.0M – $1.5M
4
$1.5M – $2.0M
5
$2.0M – $3.0M
2
$3.0M+
2
Explore More in Sylvan Lake
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Frequently Asked Questions About Sylvan Lake
There are currently 131 active residential listings in Sylvan Lake. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.