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5901 50 Avenue, Rural Red Deer County
2026-02-10
Quick Summary
- Location
- 5901 50 Avenue, Rural Red Deer County, Alberta T4G1R7
- Price
- $6,990,000
- Status:
- For Sale
- Property Type:
- Vacant Land
MLS®#A2281488
Property Description
HOME SWEET HOME DEVELOPMENT OPPORTUNITY! DODD’S LAKE DEVELOPMENT OPPORTUNITY! This is your RARE OPPORTUNITY to purchase a PRIME 124.62 ACRE PLOT OF LAND offering LUXURY LAKESIDE LIVING in the charming and growing town of Innisfail! Phase one is approved for 101 homes and being sold by current owner. Potential for over 900 residential units can be developed. Perfectly located along beautiful Dodd’s Lake, suitable for high quality residences with resort style amenities will fuse high end living with the magnificence of natural surroundings. The picturesque Town of Innisfail is located in central Alberta, between Calgary and Edmonton with quick and convenient access to Highway 2. The town also boasts an array of local galleries, museums, community events, numerous local eateries and some of Alberta’s top golf courses. For those seeking adventure, the rugged mountains of Banff, Jasper’s sparkling glaciers, and Lake Louise’s turquoise waters are all easily accessible, providing endless opportunities to enjoy the great outdoors. With unmatched water views and natural landmarks, Dodds Lake proposed development will include two-storey homes, Bungalow/Villa townhomes and condominiums. A year-round community with all the advantages of resort living on the shores of Dodds Lake. This master planned community envisions the project to have resort-style amenities such as continuous pathways, a boardwalk along Dodd’s Lake’s shoreline, restaurants, shops, a clubhouse with a pool, sauna, fitness areas and even a golf simulator. INCREDIBLE OPPORTUNITY for experienced developers, REITs, and institutional investors to acquire and develop this high-potential site with low supply in the area and high demand to escape the big cities. Land zoning is RD - Reserved for Future Development District & R3 –Residential Multi-Family District. PHASE 1 (not included in this sale) is 101 Freehold Townhomes, with sales already underway. Additional Information is available on both the the MLS supplemen ts link and in the Client Data Portal. Contact us today for more information! (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Golf Course, Park, Playground, Recreation Nearby, Schools, Shopping, Water Nearby
Building
- Fireplace: No
- Utility Water: See Remarks
Features
- Feature: Treed, See remarks, Environmental reserve
Land
- Land Size: 504319.24 m2|80 - 160 acres
- Sewer: No sewage system
Ownership
- Type: Freehold
Zoning
- Description: RD
Information entered by Century 21 Bamber Realty LTD.
Listing information last updated on: 2026-02-20 23:28:06
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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