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23227, Township Road 414
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Rural Lacombe County · Single Family · under $6,050,000 · 11+ bed · 14+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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A legacy property on the water. Set on 150 acres of private Gadsby Lake shoreline, The Pelican Lodge offers an exceptional opportunity rarely found on today's market: a multi-structure family compound built for generations of gathering. The main lodge spans 13,000 sq ft and anchors the estate with soaring vaulted ceilings featuring Gluam wood beams, a great room centered on a stone wood-burning fireplace, and walls of windows framing uninterrupted lake views. This one-of-a-kind estate features approximately 1.2 kilometres of lakefront along serene Gadsby Lake, ,five pristine ponds, roughly 3.25 kilometres of paved pathways, and mature treed grounds set within an otherwise cleared landscape. Meticulously designed and partially undeveloped, the home awaits its next owner's personal finishing touches. Pelican Lodge delivers a year-round lifestyle unlike any other single destination in the world. Spend summers watching the sunset over the lake from your expansive west-facing deck, canoeing, golfing, bird watching, observing abundant local wildlife, or walking and cycling the cart paths. In winter, enjoy cross-country skiing, snowmobiling, and skating, or unwind by one of three fireplaces while taking in the snow-blanketed grounds. The Pelican Lodge is a once-in-a-generation chance to own a true family compound on one of the region's most coveted lakes. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 11.75 Ft | |
| 3pc Bathroom | 7.75 Ft x 11.75 Ft | |
| 3pc Bathroom | 7.75 Ft x 11.75 Ft | |
| 3pc Bathroom | 6.92 Ft x 7.00 Ft | |
| 3pc Bathroom | 6.92 Ft x 7.00 Ft | |
| 3pc Bathroom | 6.83 Ft x 7.08 Ft | |
| 3pc Bathroom | 7.00 Ft x 7.08 Ft | |
| Bedroom | 11.67 Ft x 19.25 Ft | |
| Bedroom | 11.50 Ft x 19.17 Ft | |
| Bedroom | 11.75 Ft x 19.25 Ft | |
| Bedroom | 11.75 Ft x 19.25 Ft | |
| Bedroom | 10.92 Ft x 19.17 Ft | |
| Den | 23.42 Ft x 16.50 Ft | |
| Den | 7.17 Ft x 8.75 Ft | |
| Family room | 24.50 Ft x 30.75 Ft | |
| Laundry room | 13.58 Ft x 11.75 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 7.33 Ft x 5.42 Ft | |
| 3pc Bathroom | 6.83 Ft x 6.92 Ft | |
| 3pc Bathroom | 6.75 Ft x 7.00 Ft | |
| 4pc Bathroom | 11.58 Ft x 11.25 Ft | |
| Bedroom | 11.67 Ft x 19.08 Ft | |
| Bedroom | 10.92 Ft x 19.08 Ft | |
| Bedroom | 11.75 Ft x 11.25 Ft | |
| Bedroom | 11.75 Ft x 11.25 Ft | |
| Den | 11.67 Ft x 16.17 Ft | |
| Family room | 23.75 Ft x 12.08 Ft | |
| Foyer | 11.50 Ft x 11.33 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 11.50 Ft x 5.25 Ft | |
| 2pc Bathroom | 11.50 Ft x 5.83 Ft | |
| 4pc Bathroom | 11.50 Ft x 11.17 Ft | |
| 4pc Bathroom | 11.00 Ft x 7.00 Ft | |
| Bedroom | 23.50 Ft x 11.83 Ft | |
| Bedroom | 11.58 Ft x 19.00 Ft | |
| Bonus Room | 23.00 Ft x 13.67 Ft | |
| Bedroom | 27.33 Ft x 13.67 Ft | |
| Den | 11.08 Ft x 11.58 Ft | |
| Loft | 25.67 Ft x 41.83 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 25, 2026.
| Great room | 24.50 Ft x 35.42 Ft |
| Living room | 23.17 Ft x 23.67 Ft |
Location of this listing. Distances are straight-line.
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