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31 Sunset Acres Ln 50 Acres of Residential Land Offered at $5,550,000 CAD in Cymric, SK S0G 0Z0

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INVESTMENT HIGHLIGHTS

  • Inland marina is the only private one on the north end of the lake. A separation berm protects activity in the marina.
  • All building lots have a building area that meets or exceeds the 1 in 500 year provincial flood regulation.
  • Level site grade eliminates potential for slumping. Regular site maintenance is in place.

EXECUTIVE SUMMARY

These are a total of 69 lake front, marina and lake view lots for sale in the Sunset Acres Resort development located on the east shore of Last Mountain Lake, Saskatchewan. Some lots can be offered for sale as a group for an investor/builder. Two new show homes are on site and ready for sale. all the lakefront lots are ready for building with a standard frontage of 75 feet and an average depth around 300 feet. There are architectural controls and a home owners association in place. Sunset Acres is a year around lake home development. There is an inland marina where owners can lease a boat slip.
Any purchaser must adhere to the development's architectural controls and Home Owner's association requirements. These lots are all fee simple, clear title properties.
Sunset Acres Resort is located approximately 120 kilometres (75 miles) northwest of Regina, Saskatchewan the province's capital city. Sunset Acres is also approximately 200 kilometres (125 miles) southeast of Saskatoon, Saskatchewan the province's largest city. Last Mountain Lake is the largest naturally occurring lake in southern Saskatchewan with about 200 kilometres (125 miles) of shoreline. The attached lot sale projection is a modest estimate of possible revenue from the sale of just the lots. Added revenue can be generated with the development and sale of lake homes. Asking prices for the two new show homes range between $525,000 and $635,000.

PROPERTY FACTS

Price $5,550,000 CAD
Sale Type Investment
Sale Condition Business Value Included
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Hold For Development
  • Hold For Investment
  • Marina
  • Master Planned Community
  • Single Family Development
Total Lot Size 50.00 AC
Zoning Summer Recreational - Summer Recreational

1 LOT AVAILABLE

Lot Multiple

Price $5,550,000 CAD
Price Per AC $111,000.00 CAD
Lot Size 50.00 AC

These lots are the development known as Sunset Acres Resort. There are 69 lots ready for building. Two of them have new show homes. Average lot depth is about 300 ft and width is 75 ft. There are architectural controls in place.

DESCRIPTION

Two plans of subdivision are in place for the 69 lots that are in blocks 1 and 2 of the development. All surveyed lots are 75 feet wide with a typical depth around 300 feet. Every building lot has been graded to meet or exceed the provincial 1:500 flood plain and these lots are able to accommodate walkout basements. A 10 acre inland marina with private boat launch is on site with leased docking slips available. There is a beach area extending about 1,600 feet in length opposite the marina protection berm. There is natural gas and power at the property line for each site, and a new cellular tower is about 4 kilometers away. There is limited street lighting to enhance the night sky. The development is accessed off a typical rural grid road. The interior road in the development is gravel. There is a small park in the northeast end of the development. The site is between one hour and two hours from Regina, Saskatoon, Moose Jaw and Yorkton. These four urban areas make up almost 50% of the province's population.

  • Listing ID: 28831470

  • Date on Market: 2023-06-22

  • Last Updated:

  • Address: 31 Sunset Acres Ln, Cymric, SK S0G 0Z0

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