0.09-acre lot on a lake for sale in Sylvan Lake, AB

$329,900 · Sylvan Lake, the Red Deer area, Alberta · 0 km from Sylvan Lake

Advertised on Kijiji as “5020 42 Street Sylvan Lake, Alberta”

$329,900Asking price

0.09Acres

$3,832,118/acPrice per acre

LakefrontWater

above marketAcreScout value check

197% above the median $1,291,445/ac for the 12 lots of similar size in the Red Deer area.
AcreScout's value model, which compares it with the nearest listings of similar size, rates it above market.
No risk flags found in what we check (flood zones, wetland, access, taxes).
Listed May 9, 2026.
Internet: 50/10 Mbps or faster available within about 1 km (ISED National Broadband Data).

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Similar-sized land in the Red Deer area

Listing	Price	Acres	Per acre	Water	Value
0.15-acre lot Lacombe	$29,900	0.15	$197,041/ac		below market
0.13-acre lot on a river Red Deer	$119,900	0.13	$949,608/ac	River frontage	below market
0.11-acre lot Innisfail	$118,890	0.11	$1,035,770/ac		below market
0.09-acre lot Innisfail	$118,590	0.09	$1,291,445/ac		below market
0.09-acre lot on a lake Sylvan Lake	$235,000	0.09	$2,624,769/ac	Lakefront	near market
0.09-acre lot Sylvan Lake	$268,000	0.09	$3,113,088/ac		above market
0.10-acre lot on a lake Sylvan Lake	$409,900	0.10	$4,292,126/ac	Lakefront	above market
0.09-acre lot on a lake Sylvan Lake	$475,000	0.09	$5,535,313/ac	Lakefront	above market