Browse MLS® listings in Elizabeth Park, a Lacombe neighbourhood.
Active listings
4
Median list price
$583,000
Avg list price
$583,000
Showing 4 of 4 active MLS® listings
$567,000
45 Emily Crescent, Lacombe
Detached Single Family · 2 bed · 3 bath · 1,253 sqft
$567,000
45 Emily Crescent, Lacombe
Bungalow · 2 bed · 3 bath · 1,252.94 sqft
$599,000
29 Emily Crescent, Lacombe
Detached Single Family · 3 bed · 3 bath · 1,452 sqft
$599,000
29 Emily Crescent, Lacombe
Bungalow · 3 bed · 3 bath · 1,452 sqft
Elizabeth Park is a picturesque and highly sought-after residential neighbourhood in Lacombe, Alberta, defined by its natural surroundings and tranquil atmosphere. Built around the scenic Elizabeth Lake, the community offers a premium suburban experience. The local market commands a median price, with roughly 4 active listings generally available, making it an exclusive enclave for families and professionals.
Situated in the northern part of Lacombe, Elizabeth Park is conveniently located just off College Avenue. The neighbourhood sits north of the downtown core and adjacent to the College Heights area, providing easy access to Highway 2A for regional commuting while retaining a secluded, peaceful environment.
The dominant housing type in Elizabeth Park consists of premium, single-family detached homes on generously sized lots. Many properties were constructed from the early 2000s onward and feature modern designs, walkout basements, and high-end finishes. Properties here average per square foot, leading to an average sold price, reflecting the area's upscale, established character.
The neighbourhood is served by the Lacombe public and Catholic school districts, with highly-rated institutions situated a short drive away. Notably, Burman University is located within walking distance just to the south, adding a vibrant educational presence. Younger students typically attend nearby local options such as Terrace Ridge School, Father Lacombe Catholic School, or École Secondaire Lacombe Composite High School.
Elizabeth Park is primarily a car-dependent community, reflecting a typical suburban layout where most daily errands require a vehicle. Local public transit within Lacombe is limited, though specialized community transportation like the Connex operates for seniors and individuals with mobility needs. Regional bus services are available from central Lacombe for travel to Red Deer, Edmonton, and Calgary.
While the neighbourhood itself is purely residential, residents are just a short drive from downtown Lacombe's charming local shops, bakeries, and cafes. Major grocery stores like the Lacombe Co-op, along with popular local destinations such as Blindman Brewing and various dining options along Highway 2A, are easily accessible within minutes.
Recreation is a cornerstone of the Elizabeth Park experience, anchored by the beautiful Elizabeth Lake. The lake features a well-maintained loop trail complete with unique on-trail fitness equipment, making it a popular destination for walking, jogging, and birdwatching. Nearby Cranna Lake and Kuhnen Park offer additional trails and green spaces for outdoor enthusiasts.
Life in Elizabeth Park is quiet, family-oriented, and deeply connected to nature. Residents enjoy a relaxed pace of life with frequent opportunities for outdoor recreation right at their doorstep. The desirability of this peaceful community is reflected in a brisk on market, as homes are highly prized by those seeking a premium lifestyle in Central Alberta.
See recent sold prices in Elizabeth Park, Lacombe
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 25, 2026 at 8:00 pm (America/Edmonton)