NONE

16 Lakeview Drive , SK480, AB

$599,900

Residential · MLS® A2317820

5Bedrooms

4Bathrooms

2,555Sq Ft

2Garage

2010Year Built

02 / Overview

PROPERTY OVERVIEW

Experience year-round lake living in this stunning custom log home located in the sought-after Legacy Estates subdivision at Lac Des Iles. Offering over 2,500 square feet above grade plus a fully developed basement, this impressive 5-bedroom, 4-bathroom home combines rustic charm with modern comfort.

The spacious main floor features soaring vaulted ceilings, a beautiful wood-burning fireplace, hardwood flooring, a large kitchen with pantry, stainless steel appliances, and an open-concept design perfect for entertaining. Two generous bedrooms, main-floor laundry, and additional bathroom...

03 / Details

PROPERTY DETAILS

Property TypeResidential

Building TypeHouse

Total Finished Area2,555 sq ft

Lot Size8,908 sq ft

ZoningRecreational Residential

HeatingIn Floor

CoolingNone

ParkingDouble Garage Detached • Gravel Driveway • RV Access/Parking

ExteriorBBQ gas line

BasementFull

Year Built2010

04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,877After mortgage & expenses

Cap Rate8.2%Based on market rents

Cash on Cash Return18.8%With 20% down payment

Est. Monthly Rent$4,721Based on comparable rentals

Want to run your own numbers?Customize down payment, rates, and rental assumptions

05 / Location

NONE

Needs Review

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Investment Score53/100

Avg Home PriceN/A

Active ListingsN/A

Listed by Harpreet Christie · RE/MAX OF LLOYDMINSTER