Address
398 Marina Bay Place, Sylvan Lake, AB
Price
$ 1,875,000
Property Attributes
  • MLS#A2287040
  • TypeSingle Family
  • Listing Status Active
  • CitySylvan Lake
  • NeighbourhoodMarina Bay
  • Postal CodeT4S 1E9
  • Style2 Storey
  • Year Built1997
  • Price$ 1,875,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2392
  • Lot Size0.320776 Acres
Data Source:
Pillar 9 Technologies
Property Description

Waterfront Luxury in the Heart of Sylvan Lake, Welcome to your lakeside retreat in the prestigious Marina Bay community, where every day feels like a getaway. This stunning 2-storey home offers over 3,400 sq ft of total living space, beautifully designed across three levels with 4 bedrooms and 4 full bathrooms — ideal for families or those who love to entertain in style. Step inside and be greeted by a bright, open-concept main floor featuring a spacious living room anchored by a cozy fireplace, a gourmet kitchen with modern cabinetry, stainless steel appliances, and generous island seating, and a formal dining area perfect for gatherings with friends and family. A dedicated office on the main level offers the ideal work-from-home setup, while the 3-piece bath and laundry room add convenience. Upstairs, discover a luxurious primary suite complete with a 3-piece ensuite, large closets, and peaceful lake-view vibes. Two additional bedrooms and a 4-piece bathroom complete the upper level — each room thoughtfully sized for comfort and function. The fully finished basement extends the living experience, boasting a wet bar, large recreation room, fourth bedroom, and another full bathroom — a perfect setup for guests, extended family, or cozy movie nights. Outdoors, enjoy an expansive deck and private yard, perfect for relaxing summer afternoons after a day on the water. Property is has full Irrigation. The attached double garage provides ample space for vehicles, and lake gear, plus seller has been approved for a large detached garage along the east side of the lot for more storage for your boat or cars and potential for extra added living space. This Property has 2 Boat Slips and Remember Marina Bay’s exclusive amenities — including a private marina, tennis courts, clubhouse, and lakeshore walking paths — set the standard for resort-style living.

Price History
3/2/2026 Listed $1,999,900
6/1/2026 7$1,875,000

General Features

Heating Forced Air
Cooling Central Air
Roof Cedar Shake
Appliances Other
Zoning RMB
Number of Garage Spaces 2
Restrictions Short Term Rentals Not Allowed
Year Built 1997
Architectural Style 2 Storey
Community Features Clubhouse,Lake,Park,Playground,Tennis Court(s)
Levels Two
Property Subtype Detached
Transaction Type For Sale
HOA Fee 2 2500.00
County Red Deer County
Property Type Residential
Subdivision Name Marina Bay
Parking Total 2
Construction Materials Wood Siding
Full Baths 4
Status Active
City Sylvan Lake
Basement Development Finished
Association Amenities Beach Access,Boating,Clubhouse,RV/Boat Storage
Virtual Tour URL Unbranded https://unbranded.youriguide.com/317374c2-1342-4668-a83f-ccd90e83fdb6/
Structure Type House
Virtual Tour URL Branded https://youriguide.com/317374c2-1342-4668-a83f-ccd90e83fdb6/
Standard Status Active
Condo Type Not a Condo
Association Fee 2 Frequency Annually
Association 2 YN Yes
Suite No

Interior Features

Interior Features Bar,Closet Organizers,Quartz Counters,Vinyl Windows
Basement Full
Flooring Carpet,Hardwood,Tile
Fireplace Features Basement,Gas,Living Room
Fireplaces Total 2
Basement Features Other
Bedrooms Above Grade 3
Rooms Above Grade 4
Ensuite Yes
Total Bedrooms 4
Below Grade Finished Area 1242.00
Below Grade Finished Area Unit Type SquareFeet
Total Baths 4
Laundry Features Main Level
Main Level Finished Area 1150.00
Main Level Finished Area Metres 106.84
Main Level Finished Area SF 1150.00
Main Level Finished Area Srch Sq 1150.00
Main Level Areas SquareFeet

Exterior Features

Exterior Features Boat Slip,Fire Pit,Tennis Court(s)
Lot Features Back Yard,Gentle Sloping,Irregular Lot,Lake,Landscaped,Pie Shaped Lot
Fencing None
Inclusions Fridge,Stove,Dishwasher,Hoof Fan,Microwave BI,Blinds,Power Blinds,Washer,Dryer TV Mount in Mainfloor Living Room,Fridge in Basement,Storage Shed,Garage Door Opener and 1 Controller,Overhead Heater in
Parking Features Double Garage Attached
Frontage Length 15.08M 49`6
Foundation Poured Concrete
Lot Size Acres 0.32
Garage Y/N Yes
Lot Size Square Feet 13973
Frontage Ft 49.48
Patio And Porch Features Deck

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in T4S 1E9

Price
AVG $1.44M
$1.88M
Year Built
AVG 1997
1997
Visits
AVG 130
211
Data Provided by Inside Real Estate®