Maxwell Capital Realty
Anna Pitt, Maxwell Capital RealtyPhone: (403) 605-7073
Email: [email protected]
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listing
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LandFor Sale
$4,975,000
Half Moon Bay Drive
Rural Lacombe County, AB T4S 1S1
Courtesy of Hope Street Real Estate Corp.
MLS: Pillar9
4,138,200Sq Ft
Est. Mortgage
$25,682/mo

Rare opportunity to purchase 94.75 acres of prime development land adjacent to the Half Moon Bay Summer Village and Range Road 2-1. This property has massive upside potential! According to the Sylvan Lake Area Structure Plan, this land is designated as a Higher Density Node, which means that 15% of units in a future development can be multi-family. Additionally, it is well placed next to a possible public access site and is in close proximity to Range Road 2-2 and the land which has been designated as a future Lacombe County boat launch on the west side of the lake. 2 acres of this parcel on the NE corner has recently been sold to help facility the construction of a lift station required to support the future Sylvan Lake Regional Wastewater trunk alignment; with funds that will be supplied by the province's Water For Life program. A portion of the land is currently farmed and the annual crop revenue is approximately $4,200 - $5,000.

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Information courtesy of Hope Street Real Estate Corp. is subject to verification and is not guaranteed.