Red Deer County Towns & Villages: Central Alberta Homes

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5051 56 Street
Dodds Lake Innisfail T4G 1R3

$349,777
Residential beds: 3 baths: 2.0 952 sq. ft. built: 1972

Main Photo: 5051 56 Street in Innisfail: Dodds Lake Detached for sale : MLS®# A2355666
Photo 1: 5051 56 Street in Innisfail: Dodds Lake Detached for sale : MLS®# A2355666
Photo 2: 5051 56 Street in Innisfail: Dodds Lake Detached for sale : MLS®# A2355666
Photo 3: 5051 56 Street in Innisfail: Dodds Lake Detached for sale : MLS®# A2355666
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Photo 50: 5051 56 Street in Innisfail: Dodds Lake Detached for sale : MLS®# A2355666
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2355666
Bedrooms:
3
Bathrooms:
2
Year Built:
1972
It simply does not get any better than this picture-perfect ranch-style walkout bungalow, offering a life of charm, massive future potential, and a premium location right across from Innisfail’s historic Kemp House. Perfectly positioned on an extraordinary, fully fenced 9,000-square-foot lot zoned R3, this property is a dream come true for a couple, families, hobbyists, or savvy investors alike. The exterior boasts a brand-new roof and eavestroughs completed just this past summer. The massive, freshly stained wraparound deck gracefully hugs the attached garage, offering an elevated vantage point with spectacular, uninterrupted views of your private backyard sanctuary and the park behind. Location is everything here; step out your back gate to access the walking trail winding straight through the trees to the local park, or take a short, peaceful stroll down to Dodd’s Lake to enjoy the scenic walking paths and tranquil waters or catch a fish for dinner. For toys and travellers, a large rear RV gate provides effortless off-street storage for all your vehicles and adventure gear. Inside, the home opens up into absolute living perfection, blanketed in natural light and an intelligent layout that maximizes every square inch. The main floor features an adorable, sunny kitchen and eating area with abundant room for the family to gather, flowing seamlessly into a remarkably spacious and welcoming living room. Convenience is built right in with dedicated main-floor laundry, alongside two generous double bedrooms and a pristine four-piece family bathroom. Adding immense value and versatility to the property is the fully developed walkout basement, complete with its own separate, private exterior entrance. This massive lower level functions beautifully on its own, showcasing a gigantic recreation room, a cozy third bedroom, a handy three-piece bathroom with a shower, an oversized storage room/pantry, and a specialized 220-volt electrical plug. Also room to have a hobby/work area! The magic continues out into the expansive backyard, which plays host to two dedicated storage sheds that go far beyond standard utility. One of these structures holds fun potential. It has power, lots of cabinets, a classic character wood-burning stove (unwarranted), and a fantastic open storage loft on the second level that could be a secret children's play space or the ultimate creative backyard getaway. Melding historic neighborhood charm, lakeside convenience, turn-key interior comfort, and rare R3 zoning with a massive lot footprint, this unique property is a rare find in today's market. Hurry over before this gem is gone for good! Its a great home isn't it! Shouldn't it be Yours?
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
Bungalow
Total Living Area:
952 sq. ft.
Acreage:
No
Lot Area:
9,000 sq. ft.
Lot Frontage:
60'
Front Exposure:
Northeast
Levels:
One
Total Rooms Above Grade:
5
Year built:
1972 (Age: 54)
Bedrooms:
3 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms On Main:
2
Bedrooms Below Grade:
1
Bathrooms:
2.0 (Full:2, Half:0)
Num Ensuite Baths:
0
Plan:
1362NY
Heating:
Forced Air, Natural Gas
Basement:
Full, Finished, Separate/Exterior Entry, Walk Out
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Laminate, Linoleum, Tile
Cooling:
None
Fireplaces:
0
Garage:
Yes
Garage Spaces:
1
Parking:
Driveway, Front Drive, Garage Door Opener, Garage Faces Front, Single Garage Attached
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Main Level, Sink
Dodds Lake (Innisfail)
Dishwasher, Electric Stove, Range Hood, Refrigerator, Washer/Dryer
2 sheds, Heater in Barnstyle shed in AS IS condition. no warrenties
None Known
Floor
Type
Size
Other
Main Floor
Living Room
17'11" × 11'5"
Main Floor
Kitchen
13'1" × 8'
Main Floor
Dining Room
13' × 8'10"
Main Floor
Laundry
8'4" × 7'3"
Main Floor
Bedroom - Primary
11'5" × 9'2"
Main Floor
Bedroom
9'10" × 8'3"
Basement
Family Room
19'11" × 11'6"
Basement
Bedroom
14'1" × 11'
Floor
Ensuite
Pieces
Other
Main Floor
No
4
Basement
No
3
Title to Land:
Fee Simple
Community Features:
Fishing, Golf, Lake, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Laminate Counters, Open Floorplan
Exterior Features:
Private Entrance, Private Yard, Storage
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Back Yard, Backs on to Park/Green Space, Lawn
Num. of Parcels:
0
Fencing:
Fenced
Region:
Red Deer County
Zoning:
R-3
Listed Date:
Oct 29, 2026
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Listed by Realty Executives Alberta Elite
Data was last updated October 30, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
31
Avg list price:
$389,900
Min list price:
$169,000
Max list price:
$709,800
Avg days on market:
44
Min days on market:
2
Max days on market:
147
Avg price per sq.ft.:
$341.46
These statistics are generated based on the current listing's property type and located in Innisfail. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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. Used under license.