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Homes for Sale in Penhold Estates, Penhold

Browse MLS® listings in Penhold Estates, a Penhold neighbourhood.

Active listings

1

Median list price

$158,000

Avg list price

$158,000

Homes for Sale in Penhold Estates, Penhold

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About Penhold Estates

Overview

Penhold Estates is a premium residential neighbourhood in the growing town of Penhold, Alberta. Blending small-town charm with modern conveniences, the community provides a family-friendly atmosphere with an active community association. Current market data shows homes here have an average list price of $158,000.

Location

Centrally situated in Penhold near Highway 2A, Penhold Estates is located just 16 kilometres south of Red Deer. This convenient placement in central Alberta allows residents to enjoy a tranquil suburban setting while remaining exceptionally close to the major employment centres and amenities of the nearby city.

Housing character

The neighbourhood is characterized primarily by premium detached single-family properties, including spacious modern builds and well-appointed new construction homes. Reflecting its upscale positioning, the community boasts attractive streetscapes and generous lots, with an average sold price and homes spending an average of on the market.

Schools

Families in Penhold Estates are served by the Chinook's Edge School Division. Local public schools include Jessie Duncan Elementary for the early years, the newly developed Penhold Waskasoo Middle School for grades 4 through 8, and Penhold Crossing Secondary School for high school students.

Transit

Public transportation is supported by the 2A South Regional Transit service, a bus network that directly connects Penhold residents to the City of Red Deer's transit system, allowing for accessible daily commutes and travel to the larger urban centre.

Shopping and dining

Residents enjoy convenient access to local commercial hubs such as Hawkridge Market Square, which features a variety of everyday shops, essential services, and local dining venues. For more extensive retail and culinary needs, the proximity to Red Deer provides endless shopping and entertainment options.

Parks and recreation

The area offers excellent recreational amenities, anchored by the nearby Penhold Regional Multiplex which hosts various indoor sports and fitness activities. The community itself features highly walkable streets, well-maintained community parks, and serene walking trails that connect to local green spaces.

Lifestyle

Offering a peaceful yet vibrant atmosphere, Penhold Estates appeals to those seeking a premium, family-oriented lifestyle. With regular community events, easy access to outdoor recreation, and a welcoming environment, it perfectly balances a relaxed, country-living feel with modern suburban convenience.

See recent sold prices in Penhold Estates, Penhold

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Data provided by the Canadian Real Estate Association (CREA). Data is deemed reliable but is not guaranteed accurate.

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.

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®).

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.

Listing information last updated on April 24, 2026 at 1:00 pm (America/Edmonton)