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48 Lakeview Rd
Halfmoon Bay, AB T4S 1S1
Land For Sale
·
94.75 AC
Investment Highlights
- Convenient access via paved Township Road 390 and close to Highway 11.
- Surrounded by established lakefront communities and recreational amenities.
- Less than 5 km from Sylvan Lake, a major year-round destination.
- Supported by recent infrastructure grants for wastewater systems.
Executive Summary
Waterfront development opportunity on Sylvan Lake, adjacent to the established hamlet of Half Moon Bay. This parcel offers long-term potential for residential subdivision, with current Agricultural zoning and the potential for future residential rezoning. Located on a spring-fed lake that stretches over 15 kilometres, it is bordered by established communities such as Norglenwold, Sunbreaker Cove, Jarvis Bay, Birchcliff, and The Slopes. Less than 5 km from Sylvan Lake—a year-round destination attracting over 1.5 million visitors annually—the site has convenient access via paved Township Road 390 and is close to Highway 11, enhancing connectivity. Recent infrastructure investment further supports development potential. In March 2025, the Government of Alberta awarded $940,000 to Half Moon Bay for construction of an internal wastewater collection system. An additional $12.7 million grant to the Sylvan Lake Regional Wastewater Commission will fund a regional line connecting Half Moon Bay to the Town of Sylvan Lake. A 1.98-acre lift station site, subdivided in 2021, forms part of this network and directly benefits the subject property. These enhancements reinforce the site’s suitability for phased recreational or residential development.
Property Facts
| Sale Type | Investment | Property Subtype | Agricultural |
| No. Lots | 1 | Proposed Use | Agricultural |
| Property Type | Land | Total Lot Size | 94.75 AC |
| Zoning | AG - Agriculture | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | Agricultural |
| Total Lot Size | 94.75 AC |
| Zoning | AG - Agriculture |
1 Lot Available
Lot
| Price | $3,900,000 CAD | Lot Size | 94.75 AC |
| Price Per AC | $41,160.95 CAD |
| Price | $3,900,000 CAD |
| Price Per AC | $41,160.95 CAD |
| Lot Size | 94.75 AC |
Waterfront parcel on Sylvan Lake near Half Moon Bay, offering future residential development potential with strong access and recent regional infrastructure upgrades.
Description
The property consists of approximately 94.75 acres of vacant land located on Sylvan Lake near Half Moon Bay in Lacombe County, Alberta. It is currently zoned Agricultural and has potential for future residential development. The site is accessible via Township Road 390 and is near Highway 11. It is adjacent to Sylvan Lake, which is a significant recreational destination in central Alberta. Recent infrastructure projects include wastewater system upgrades benefiting the area.
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