Active Listing

49 Neilson Drive

49 Neilson Drive, Island Lake South

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3Bedrooms
2.0Bathrooms
$399,000Price
1,520Sq Ft

Lakefront living on a large, private half-acre lot in the sought-after community of Island Lake South.

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Lakefront living on a large, private half-acre lot in the sought-after community of Island Lake South! This well-maintained 2005 Winalta home offers 3 bedrooms and 2 bathrooms, fully serviced for year-round enjoyment. The spacious primary bedroom features a walk-in closet and 4-piece ensuite. A bright, functional kitchen with island and ample cabinetry flows into the dining area and large living room, complete with a cozy wood-burning fireplace. Two additional bedrooms, another 4-piece bath, and a lake-facing nook/den provide flexible space for guests, family, or a home office. Step outside and take in the peaceful setting — enjoy quiet mornings overlooking the water and evenings gathered around the fire with friends and family. With pavement all the way to the property and just a short 2-minute walk to the outdoor rink, tennis and pickleball courts, and the newly renovated community hall, this location offers both convenience and community connection. The property is serviced with a 1,500-gallon cistern for water and a 1,500-gallon holding tank for sewer. Known as one of Alberta’s cleanest lakes, Island Lake offers exceptional recreation and a fantastic community atmosphere. Lakefront properties here under $500,000 are hard to find — start living the lake life today!

Refined Amenities

Curated features for a sophisticated lifestyle.

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Vinyl Windows

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Private Yard

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Storage

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Dishwasher

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Electric Stove

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Freezer

Specifications

Property Details

Property TypeResidential
Property SubtypeDetached
StyleBungalow
StructureManufactured House
Transaction TypeFor Sale
Bedrooms3
Full Bathrooms2
Living Area1,520 sq ft
Living Area (m²)141.0 m²
Lot Size21,780 sq ft
Lot Acres0.5000
Year Built2005
LevelsOne
Parking Total4
Parking FeaturesParking Pad
Fireplaces1 (Wood Burning)
HeatingForced Air
CoolingNone
FlooringVinyl
AppliancesDishwasher,Electric Stove,Freezer,Microwave,Refrigerator,Washer/Dryer
Interior FeaturesVinyl Windows
LaundryMain Level
BasementNone
RoofAsphalt Shingle
ConstructionWood Frame
FoundationPiling(s)
Exterior FeaturesPrivate Yard,Storage
FencingNone
Patio / PorchDeck
Lot FeaturesLake,Landscaped,Lawn,Private,Rectangular Lot,Sloped Down
Price / Sq Ft$262.50
Annual Taxes$2,968 (2025)
ZoningR1
PossessionNegotiable
Occupant TypeTenant
Title / LandFee Simple
InclusionsStorage Shed
ListedFebruary 27, 2026
NeighbourhoodNONE
MLS NumberA2289176
The Location

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49 Neilson Drive, Island Lake South, Alberta, T9S1S1

Lake
Tennis Court(s)
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Your Luxury Real Estate Specialist

Inquiries & Private Showings

Spencer Rivers

Calgary luxury real estate specialist. Whether you are looking to buy, sell, or simply want more information about this property, I am here to help.

Listing courtesy of Royal LePage Premier Real Estate.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $2,968. Contact Spencer Rivers for the most recent assessment documents.
Is a private viewing available?expand_more
Yes, private viewings are available by appointment. Contact Spencer Rivers at 403-966-9237 or visit our contact page to schedule a showing.
What is the listing status?expand_more
This property is currently Active. MLS A2289176. Listed February 27, 2026. Listed by Royal LePage Premier Real Estate.

Interested in this property?

Get in touch with Spencer Rivers for a private showing, detailed floor plans, or more information about this exceptional listing.

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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board (CREB). 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. Data last updated: March 17, 2026.