Vacation Vibes & Income Potential: Your Elkwater Lake Lodge Escape Awaits! Imagine owning your own getaway in the breathtaking Cypress Hills Provincial Park—where vacation luxury meets smart investment. This walk-out suite at Elkwater Lake Lodge is your ticket to year-round relaxation and reliable revenue. Vacation-Ready Comfort: Unwind in the upper spacious suite that sleeps 4, featuring a king bedroom, a cozy sleeping area in the living room, an eat in kitchen, half bath, and a full bath on 2 glorious levels...or combine it with the lower unit which can accommodate 4 more guests. Step outside for fresh air and gorgeous views, or take advantage of the lodge’s swimming pool, restaurant, and housekeeping—all the perks of a resort, none of the hassle. Flexible Ownership: Enjoy up to 120 nights a year per unit for yourself, your family, or your clients. Host memorable getaways, treat your team, or simply relax knowing your unit is generating income when you’re not there. All-Season Adventure: Fish, hike, and explore endless trails in the summer, then return for Nordic and downhill skiing at Hidden Valley in the winter. Every season is a reason to visit (and rent out!) your suite. Effortless Income: Let the lodge handle bookings, maintenance, and guest services. Earn passive revenue while your property works for you—perfect for business owners seeking a corporate retreat, client perk, or investment with lifestyle benefits. Ready to Spoil Yourself? Book a viewing or a weekend stay to experience this unique opportunity firsthand. Reach out for a full financial breakdown and see how this property can be your personal escape and a powerful business asset—all in one!
For sale
C$199,000
405 4th St NW #602 & 603, Drumheller, AB T0J 0Y4
2beds
1,248sqft
Mixed Use
Built in 2011
-- sqft lot
$-- Zestimate®
C$159/sqft
C$1,267/mo HOA
What's special
Walk-out suiteUpper spacious suiteKing bedroomCozy sleeping areaEat in kitchenGorgeous viewsSwimming pool
- 31 days
- on Zillow |
- 63 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: July 25, 2025 at 09:10am
Listed by:
Jen Boyle, Associate,
Cir Realty
Source: courtesy of Pillar9 System,MLS®#: A2243117
Originating MLS®#: Medicine Hat

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Bedroom
- Level: Lower
- Dimensions: 9`10" x 16`9"
Bedroom
- Level: Upper
- Dimensions: 17`0" x 16`0"
Other
- Level: Upper
- Dimensions: 0`0" x 0`0"
Other
- Level: Main
- Dimensions: 0`0" x 0`0"
Other
- Level: Lower
- Dimensions: 0`0" x 0`0"
Other
- Level: Main
- Dimensions: 13`4" x 10`4"
Other
- Level: Lower
- Dimensions: 5`4" x 8`0"
Living room
- Level: Main
- Dimensions: 13`7" x 14`3"
Living room
- Level: Lower
- Dimensions: 13`6" x 15`0"
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, See Remarks
- Laundry: Common Area, Laundry Room
Features
- Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, No Animal Home, No Smoking Home, Open Floorplan, Recreation Facilities, See Remarks, Separate Entrance, Vaulted Ceiling(s)
- Flooring: Carpet, Tile
- Windows: Window Coverings
- Basement: Finished,See Remarks
- Number of fireplaces: 2
- Fireplace features: Gas, Living Room
Interior area
- Total interior livable area: 1,248 sqft
- Finished area above ground: 782
- Finished area below ground: 465
Property
Parking
- Total spaces: 2
- Parking features: Stall, Unassigned
Features
- Levels: 2 and Half Storey
- Stories: 1
- Patio & porch: Balcony(s), Deck
- Exterior features: Barbecue
- Pool features: Association, Community, Heated, In Ground, Indoor
- Spa features: Association
- Fencing: None
Lot
- Features: Landscaped, Standard Shaped Lot, Wooded
Details
- Parcel number: 103666237
- On leased land: Yes
- Zoning: PP Provincial Park
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage/Cabin
- Property subtype: Mixed Use
Materials
- Composite Siding, Stone, Wood Frame
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 2011
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Garbage Collection, Phone Connected, See Remarks, Water Connected
Community & HOA
Community
- Features: Fishing, Golf, Lake, Park, Playground
- Subdivision: Elkwater
HOA
- Has HOA: Yes
- Amenities included: Beach Access, Boating, Indoor Pool, Laundry, Park, Parking, Ski Accessible, Visitor Parking
- Services included: Amenities of HOA/Condo, Cable TV, Caretaker, Common Area Maintenance, Gas, Heat, Insurance, Interior Maintenance, Internet, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, See Remarks, Snow Removal, Trash, Water
- HOA fee: C$1,267 monthly
Location
- Region: Drumheller
Financial & listing details
- Price per square foot: C$159/sqft
- Date on market: 7/25/2025
- Inclusions: All contents are for owner use.
- Electric utility on property: Yes
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