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Homes for Sale in Aspen Lake, Blackfalds

Browse MLS® listings in Aspen Lake, a Blackfalds neighbourhood.

Active listings

8

Median list price

$337,400

Avg list price

$394,900

Homes for Sale in Aspen Lake, Blackfalds

Showing 8 of 8 active MLS® listings

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About Aspen Lake

Overview

Aspen Lake is a highly sought-after, master-planned residential community in Blackfalds, Alberta. Known as the town's premier lakeside neighborhood, it offers a peaceful, nature-oriented lifestyle while remaining close to modern conveniences. The current market features 8 active listings, attracting a mix of first-time buyers, growing families, and downsizers.

Location

Situated in the growing town of Blackfalds in Central Alberta, Aspen Lake provides an ideal balance of suburban tranquility and regional accessibility. Positioned just north of Red Deer, residents enjoy quick access to the QEII Highway, making commutes to neighboring cities and major employment centers highly efficient.

Housing character

The neighborhood boasts a diverse real estate landscape where the dominant property type is single-family detached homes, alongside modern townhouses and duplexes. As an architecturally controlled subdivision, the community maintains a cohesive and attractive streetscape. With an average home selling for, the area offers appealing mid-range options and newly constructed properties.

Schools

Families in Aspen Lake are well-served by schools in the Wolf Creek Public Schools and Red Deer Catholic Regional Schools districts. Nearby educational facilities include St. Gregory the Great Catholic School, and the community is anticipating a proposed new elementary school site located right in the Aspen Lakes West area to support the growing population.

Transit

While Aspen Lake is a somewhat walkable neighborhood, most residents rely on vehicles for daily commuting. Blackfalds offers regional transit connections to Red Deer, and the neighborhood's strategic layout provides drivers with immediate access to major arterial roads. Homes here currently average on the market, reflecting steady demand among regional commuters.

Shopping and dining

Residents benefit from close proximity to the commercial heart of Blackfalds, which features a variety of local dining options, grocery stores, and daily essential services. For more extensive shopping and entertainment, the major retail hubs and dining corridors of Red Deer are just a short drive south.

Parks and recreation

Aspen Lake stands out as the only lakeside community in Blackfalds, centered around beautiful natural wetlands. The neighborhood features an award-winning playground, extensive integrated walking trails, and ample green spaces. Residents also enjoy easy access to the Abbey Centre, the town's premier indoor recreation and fitness facility.

Lifestyle

Life in Aspen Lake is defined by an active, outdoor-focused, and family-friendly atmosphere. An engaged community association organizes year-round events, fostering a strong sense of belonging. With homes typically selling at a sale-to-list ratio, residents take pride in a vibrant, safe, and well-maintained community that embraces both nature and neighborly connection.

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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.

Mortgage values are calculated by hômm and are provided for estimate purposes only.

The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.

Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).

Listing information last updated on April 25, 2026 at 9:00 pm (America/Edmonton)