Browse MLS® listings in Derwent, a Derwent neighbourhood.
Active listings
6
Median list price
$355,000
Avg list price
$279,967
Showing 6 of 6 active MLS® listings
$355,000
21 1 Avenue West, Derwent
Detached Single Family · 3 bed · 3 bath · 1,426 sqft
$355,000
21 1 Avenue W, Derwent
4 Level Split · 3 bed · 3 bath · 1,426 sqft
$370,000
101 2nd Street East, Derwent
Detached Single Family · 3 bed · 2 bath · 1,304 sqft
$370,000
101 2nd Street E, Derwent
Bungalow · 3 bed · 2 bath · 1,304 sqft
$114,900
125 1st ST, Derwent
Detached Single Family · 2 bed · 1 bath · 880 sqft
$114,900
125 1st Street, Derwent
Raised Bungalow · 2 bed · 1 bath · 880.5 sqft
Derwent is a quiet, close-knit hamlet in central Alberta, located within the County of Two Hills No. 21. Originally incorporated as a village in 1930, it transitioned to a hamlet in 2010 and offers a peaceful, agricultural-based lifestyle. With its deep historical roots, welcoming locals, and sprawling prairie views, Derwent is an appealing destination for those seeking an affordable, rural escape away from the bustle of larger cities.
Situated on Highway 45, Derwent provides a scenic rural setting in east-central Alberta. It lies approximately 41 kilometres north of Vermilion, 35 kilometres south of Elk Point, and 20 kilometres east of Myrnam. Its central position in the region provides straightforward road access to nearby commercial hubs while maintaining a secluded, tranquil atmosphere.
The real estate landscape in Derwent is defined by its rural charm, with the dominant property type being single-family detached homes. Properties often feature generous lot sizes, mature trees, and ample space for outbuildings, workshops, or gardens. The market caters to those looking for mid-range affordability, with an average list price of $279,967 and an average sold price, making it an attractive option for first-time buyers, downsizers, and hobbyists.
While there are currently no active schools operating directly within the hamlet, families in Derwent are well-served by schools in neighbouring communities. The closest public school is New Myrnam School in nearby Myrnam, which accommodates students from Kindergarten through Grade 12. Regional school bus services transport students to these educational hubs.
As a small rural hamlet, Derwent does not have a public transit system. Residents rely exclusively on personal vehicles to navigate the community and commute to nearby towns for extended services and employment. The hamlet's direct access to Highway 45 makes regional driving straightforward.
Commercial amenities in Derwent are modest but full of local character. The community's standout dining destination is the historic Derwent Hotel & Pizza, built in 1927, which is locally famous across the region for its exceptional handmade pizzas and welcoming atmosphere. For broader grocery, healthcare, and retail shopping, residents typically make the short drive to Vermilion, Elk Point, or Two Hills.
Recreation in Derwent is deeply tied to the outdoors and community activity. The hamlet features a local ice arena, a curling club, and a recreational centre. The Derwent Tourist Park offers camping facilities with amenities along Highway 45, while the surrounding region provides excellent opportunities for hunting, fishing, and exploring extensive local snowmobile trail networks.
Life in Derwent is unhurried and community-focused. The Derwent & District Agricultural Society plays a major role in local life, hosting popular volunteer-driven events like the Spring Trade Show, the Farmers' Day Perogy Supper, and an annual Craft Fair. The local Golden Age Centre provides a social hub for seniors with billiards and fitness equipment, ensuring that residents enjoy a connected, supportive rural lifestyle.
See recent sold prices in Derwent, Derwent
Browse MLS® sold prices to understand the market before you buy.
Website provided by Kelly Grant
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 24, 2026 at 2:00 pm (America/Edmonton)
Website provided by Kelly Grant
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
The MLS® System Data is made available from the REALTORS® Association of Edmonton.
Days on hômm and market statistics values are calculated by hômm based on values provided in the REALTORS® Association of Edmonton listing data feed.
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®).
*Sold date and price are as reported on the RAE's MLS® system.
Listing information last updated on April 24, 2026 at 2:00 pm (America/Edmonton)