Sylvan Lake
Residential Listings
398 Marina Bay Place
Marina Bay
Sylvan Lake
T4S 1E9
$1,999,900
Residential
beds: 4
baths: 4.0
2,392 sq. ft.
built: 1997
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2287040
- Bedrooms:
- 4
- Bathrooms:
- 4
- Year Built:
- 1997
- Photos (47)
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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.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- No
- Num Legal Suites:
- 0
- Num Illegal Suites:
- 0
- Home Style:
- 2 Storey
- Total Living Area:
- 2,392 sq. ft.222 m2
- Main Level Finished Area:
- 1,150 sq. ft.107 m2
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Below Grade Finished Area:
- 1,242 sq. ft.115 m2
- Taxes:
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- Tax Assessed Value:
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- HOA Fee Frequency:
- Annually
- HOA Fee Includes:
- Signup
- Acreage:
- No
- Lot Area:
- 13,973 sq. ft.1,298 m2
- Lot Frontage:
- 49'5¾"15.1 m
- Acres Cleared:
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- Acres Cultivated:
- Signup
- Acres Irrigated:
- Signup
- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
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- Front Exposure:
- South
- Reg. Size:
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- Reg. Size Includes:
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- Levels:
- Two
- Total Rooms Above Grade:
- 4
- Year built:
- 1997 (Age: 29)
- Bedrooms:
- 4 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 1
- Bathrooms:
- 4.0 (Full:4, Half:0)
- Plan:
- 9823637
- Heating:
- Forced Air
- Basement:
- Full, Finished, Other
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Wood Siding
- Structure Type:
- House
- Roof:
- Cedar Shake
- Ensuite:
- Yes
- Flooring:
- Carpet, Hardwood, Tile
- Cooling:
- Central Air
- Fireplaces:
- 2
- Fireplace Details:
- Basement, Gas, Living Room
- Garage:
- Yes
- Garage Spaces:
- 2
- Parking:
- Double Garage Attached
- Parking Places:
- 2
- Parking Total/Covered:
- 2 / -
- Laundry Features:
- Main Level
- HOA Fee:
- $2,500.00
- Marina Bay (Sylvan Lake)
- Beach Access, Boating, Clubhouse, RV/Boat Storage
- Other
- 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 Garage.
- Short Term Rentals Not Allowed
- Floor
- Type
- Size
- Other
- Main Floor
- Office
- 15'4.57 m × 14'4.27 m
- 2nd Floor
- Bedroom - Primary
- 16'4.88 m × 15'4.57 m
- 2nd Floor
- Bedroom
- 11'8"3.56 m × 10'10"3.30 m
- 2nd Floor
- Bedroom
- 18'5.49 m × 16'4.88 m
- Basement
- Bedroom
- 13'3.96 m × 13'3.96 m
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 3
- 0' x 0'
- 2nd Floor
- No
- 4
- 0' x 0'
- 2nd Floor
- Yes
- 3
- Basement
- No
- 3
- 0' x 0'
- Title to Land:
- Fee Simple
- Community Features:
- Clubhouse, Lake, Park, Playground, Tennis Court(s)
- Interior Features:
- Bar, Closet Organizers, Quartz Counters, Vinyl Windows
- Exterior Features:
- Boat Slip, Fire Pit, Tennis Court(s)
- Patio And Porch Features:
- Deck
- Lot Features:
- Back Yard, Gentle Sloping, Irregular Lot, Lake, Landscaped, Pie Shaped Lot
- Num. of Parcels:
- 0
- Fencing:
- None
- Region:
- Red Deer County
- Zoning:
- RMB
- Listed Date:
- Mar 02, 2026
- Days on Mkt:
- Signup
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Listed by KIC Realty
Data was last updated May 30, 2026 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 123
- Avg list price:
- $479,900
- Min list price:
- $179,900
- Max list price:
- $1,999,900
- Avg days on market:
- 31
- Min days on market:
- 1
- Max days on market:
- 368
- Avg price per sq.ft.:
- $378.84
These statistics are generated based on the current listing's property type
and located in
Sylvan Lake. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- JASON & SHELAINE WALZ
- LPT Realty
- 403-505-0039
- Contact by Email
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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