Browse MLS® listings in Park Place, a Penhold neighbourhood.
Active listings
8
Median list price
$432,400
Avg list price
$441,175
Showing 8 of 8 active MLS® listings
$429,900
142 Robinson Avenue, Penhold
Detached Single Family · 2 bed · 3 bath · 1,157 sqft
$429,900
142 Robinson Avenue, Penhold
Bungalow · 2 bed · 3 bath · 1,157 sqft
$470,000
22 Mcdougall Close, Penhold
Detached Single Family · 3 bed · 3 bath · 1,214 sqft
$470,000
22 Mcdougall Close, Penhold
Bi-Level · 3 bed · 3 bath · 1,214.16 sqft
$434,900
16 Johnson Close, Penhold
Detached Single Family · 2 bed · 2 bath · 983 sqft
$434,900
16 Johnson Close, Penhold
Bi-Level · 2 bed · 2 bath · 983 sqft
$429,900
150 Robinson Avenue, Penhold
Detached Single Family · 4 bed · 2 bath · 1,080 sqft
$429,900
150 Robinson Avenue, Penhold
4 Level Split · 4 bed · 2 bath · 1,080 sqft
Park Place is a vibrant, family-oriented residential neighbourhood in Penhold, Alberta, known for its country living feel and strong sense of community. The area attracts a diverse mix of young professionals, growing families, and retirees who appreciate the balance of small-town connection with convenient access to larger urban amenities. With 8 active listings on the market, it remains an appealing destination for those seeking quality homes in a welcoming setting.
Situated in the town of Penhold, Park Place benefits from a highly accessible location just off Highway 2A and the QE II corridor. Residents enjoy a peaceful atmosphere while being only about a 10-minute drive from the larger city of Red Deer, making it an ideal spot for commuters. The community is well-connected to major routes, allowing for easy travel throughout Central Alberta.
The housing landscape in Park Place is defined by its abundance of mid-range, single-family detached homes. Properties here typically feature quality construction on larger lots compared to nearby urban centres, providing excellent privacy and space. Currently, homes in the area see an average sold price, with properties typically spending on the market. Options range from established houses with mature landscaping to newer builds, catering to a variety of lifestyle needs.
Families in Park Place are served by the Chinook's Edge School Division, which offers comprehensive Pre-K to Grade 12 education within Penhold. A major educational hub for the community is the recently opened Penhold Waskasoo Middle School for Grades 4 through 8, which features a modern campus and a brand new, fully inclusive, wheelchair-accessible playground. The strong local school system makes the neighbourhood highly desirable for families.
Transportation in Park Place is primarily car-dependent, though the community's layout encourages walking and biking for local trips. The proximity to Highway 2A and the Queen Elizabeth II Highway ensures straightforward commutes to Red Deer, Innisfail, and other regional destinations. While dedicated public transit within the neighbourhood is limited, the strategic highway access makes regional connectivity seamless.
Residents of Park Place have convenient access to Penhold's growing commercial sector, which provides a variety of everyday essentials. Local amenities include grocery stores, pharmacies, coffee shops, hardware stores, and casual dining options just minutes away. For more extensive retail therapy and dining, larger shopping centres and entertainment districts in nearby Red Deer are easily accessible.
Recreation is a cornerstone of life in Park Place, highlighted by the nearby Penhold Regional Multiplex. This expansive facility offers an indoor walking track, fitness centre, arena, gymnasium, and a public library. The multiplex grounds also host an RV park, a pump track, a skate park, soccer pitches, and ball diamonds. The neighbourhood itself features an abundance of green spaces, walking trails, and splash parks that support an active, outdoor lifestyle.
Life in Park Place offers a relaxed, rural charm without sacrificing modern conveniences. The neighbourhood fosters a close-knit, family-friendly environment where community events and outdoor activities are part of daily life. Homeowners can expect a stable market, reflected in a sale-to-list ratio, and a lifestyle that perfectly blends peaceful residential living with active community engagement.
See recent sold prices in Park Place, Penhold
Browse MLS® sold prices to understand the market before you buy.
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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 6:00 pm (America/Edmonton)