$4,975,000 - Half Moon Bay Drive, Rural Lacombe County

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.