Lot 1 Perry Lane Widewater, AB T0G 2M0

Looking for space to build, explore, or invest? Discover the possibilities with this 18.09-acre parcel of vacant residential land in Widewater, complete with built-in passive income. The narrow western corner of the lot is currently leased to TELUS for a communications tower, generating $10000/ year on a 5 year lease. This steady revenue is paid up-front on or before February 1 of every year. This helps offset your mortgage or carrying costs while leaving the main body of your acreage untouched. Ideally located just off Highway 2, this property features elevated terrain with stunning views of Lesser Slave Lake. The lot is already set up for immediate recreational use with a cut-in approach and an internal road running roughly one-third into the property. Along the road, you will find four cleared campsite stalls, built-in wood decking for a level camper or tent setup, and a private, treed-in firepit area. An on-site bunkie is also available as a negotiable item. When you are ready to build, the east end of the parcel widens to approximately 800 feet from north to south, giving you plenty of privacy and room for future development. Services are conveniently available at the lot line, including natural gas, electricity, and municipal water and sewer. Located along the south shore of Lesser Slave Lake, Widewater offers nearby boat launches, beaches, and access to miles of surrounding trails for hiking, quadding, and snowmobiling. Do not miss your chance to own a versatile lakeside acreage that helps pay for itself.