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Rng Rd 51 and twp rd 55, Cherhill

$599,900

About this property

Rare opportunities like this don't come along often. Offering approximately 99.01 acres with over half a mile of shoreline on beautiful Lessard Lake, this exceptional waterfront property presents an incredible opportunity for those with vision. Surrounded by mature trees and natural beauty, the property offers remarkable privacy and an unmatched setting to create something truly special. Currently zoned Commercial and completely undeveloped, this parcel is a blank canvas waiting for the right buyer. Whether your long-term vision includes a recreational destination, an RV resort, an eco-tourism venture, a private retreat, or another commercial opportunity, the possibilities are extensive. Any future development, road access, utilities, or subdivision would be subject to the buyer's due diligence and approval by the applicable municipal authorities. Bring your ideas, your vision, and your imagination, because this spectacular Lessard Lake property is ready for its next chapter.

Essential information

MLS® number
A2329255
Status
Active
Price
$599,900
Property type
Commercial
Type
Business
Transaction
For Sale
Restrictions
See Remarks
Year built
1992
Structure
Sports and Recreation
Listing brokerage
People 1st Realty
Source
Pillar 9™ MLS® System

Interior

Included
M/A

Exterior and construction

Zoning
Commercial Recreation Dis

Community

City
Cherhill
Province
AB
Postal code
T0E 0J0

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Business valuation calculator

SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

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The deal

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MLS® data last updated Nov 8, 2026, 1:20 a.m. (Mountain Time).

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