This 14.53-acre property, with approximately 7 acres of developable land, is a remarkable investment opportunity in Cold Lake, Alberta. Strategically located under the Central Cold Lake Area Structure Plan (ASP), this land offers a unique blend of flexibility, accessibility, and sustainability for future development. The site is ideally zoned for medium-density residential (R3), single-family housing (R1B), and municipal reserves, providing diverse options for potential developments. Proposed plans include the construction of duplexes and tri-plexes, ensuring housing solutions tailored to modern demands. The layout also includes a thoughtfully designed community park with landscaped areas, picnic facilities, and recreational amenities to enhance resident satisfaction and promote a connected community. Positioned near major roadways, shopping centers, schools, and employment hubs, this property ensures unparalleled convenience and accessibility. It’s a canvas for creating a thriving residential hub that caters to the growing needs of Cold Lake’s population.