5128 & 5124 56 Street, Innisfail
Innisfail is rapidly emerging as a highly attractive and affordable real estate market. This is a unique opportunity for LAKEFRONT development of multiple homes, a multi family building or just an exclusive and expansive estate. Currently zoned R-3 and located on the south shore of picturesque Dodd’s Lake, this 2 title 2.096 acre lot provides ownership right to the lake shore. Dodd’s Lake is used for non motorized boating, kayaking, paddle boarding, swimming or fishing. The lake is stocked with rainbow and tiger trout annually. The lot gently slopes toward the lake and would provide for some walk out basement homes depending on configuration of the development. Seller’s have done some preliminary planning with the the town of Innisfail to put a “condo” development with 7 homes on the lot, to which the town was amenable. The town is already focusing on improving the area with a structure plan on the north shore for more residential development. The east boundary backs to an historical home and there are new homes under development in the area…. This is an up and coming property with RARE lakefront availability. (id:1945)
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Property details for 5128 & 5124 56 Street, Innisfail
- Type
- Lots and Land
- Lot Size
- 2.10
- Ownership
- Freehold
- Annual Taxes
- $5,114 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 5128 & 5124 56 Street
Active Listings
39
Min Price
$75,000
Max Price
$1,799,000
Avg Price
$501,436
Days on Market
78
days
Sold Listings
23
Min Sold Price
$100,550
Max Sold Price
$950,000
Avg Sold Price
$404,243
Days until Sold
87
days
Neighbourhood Census Data
Innisfail, Alberta
Population
733
Median Age
40
Median Income
$38,827
Dwelling Value
$399,669
Housing Tenure
Owners 65%
Renters 36%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.4
Pop. Density: 91.4/km²
Avg Shelter Cost: $1,533/mo
Owners with Mortgage: 61.5%
Owners Spending 30%+: 12.5%
Tenants Spending 30%+: 22.7%
English only: 95.9%
English and French: 4.8%
Neither: 0.7%
Median Household Income: $79,360
Median Employment Income: $38,528
Price History
Listed
August 5, 2026
by Century 21 Advantage
Current Price
$750,000
Type
Lots and Land
For Sale
