Courtesy of Meaghan Cooney of CIR Realty

5023 36 Street
Sylvan Lake, Alberta

$589,900
MLS® # A2296606
  • 4 Beds
  • 2 Baths
  • 1 and Half Storey
  • 1240 sq.ft.
Property Value
$589,900
Living Area
1240 sq.ft.
Bedrooms
4
Bathrooms
1
Half Baths
1
Type
SingleFamilyResidence
Style
1 and Half Storey
Year Built
1998
Summary

What if one home gave you two opportunities? Tucked just half a block from the water in Sylvan Lake’s cottage area, this charming 1.5 storey loft style home invites you into a lifestyle that feels like summer all year long. Step inside and you’re immediately greeted by soaring vaulted ceilings and an abundance of natural light streaming through all the west facing windows, creating a bright, airy space that perfectly captures that relaxed, sun-filled lake life feel. The open-concept kitchen, dining, and living area is warm, inviting, and made for connection—whether it’s slow mornings with coffee or evenings filled with laughter and good company. Thoughtful updates, including vinyl plank flooring throughout the kitchen and living area and a new gas stove, add both style and function to the heart of the home. Currently operating as a successful short-term rental, this property is being sold fully furnished including all household items, making it a seamless, turn-key investment. Or… maybe you keep it all for yourself. With two bedrooms, a full four-piece bath, and laundry on the main floor, plus two additional bedrooms and a two-piece bath upstairs, there’s room for everyone to gather, unwind, and create lasting memories. Imagine beach days just steps away, sunset walks along the water, and cozy nights around the fire. Outside, the spacious backyard offers a deck, a welcoming fire pit area, alley access, and plenty of parking on the newly added gravel pad—perfect for hosting guests or accommodating short-term rentals. Set on a crawlspace for additional storage and with a new hot water tank (2023), this home blends comfort, function, and timeless character. Whether you’re looking for a proven Airbnb investment or your own private lake escape, this is a rare opportunity to own in one of Sylvan Lake’s most desirable location, just steps from the beach.

Data was last updated April 11, 2026 at 1:02am MDT

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