homm

Real Estate in East Burnt Lake, Red Deer

East Burnt Lake suits buyers who want to get into a newer Red Deer neighbourhood before it fully builds out — and lock in at prices that still reflect early-stage development.

Active listings

1

Median list price

$449,000

Avg list price

$449,000

Homes for Sale in East Burnt Lake, Red Deer

Showing 1 of 1 active MLS® listings

View all

Buying in East Burnt Lake

Who fits here

East Burnt Lake suits buyers who want to get into a newer Red Deer neighbourhood before it fully builds out — and lock in at prices that still reflect early-stage development. The community sits on the west side of the city, sharing the Burnt Lake identity with its sister neighbourhood to the west, and its streets carry a consistent lakeland theme: Burnt Basin Street, Burnt Valley Avenue, Burnt Park Drive, Burnt Bluff Street, and Burnt Lake Trail. That naming continuity hints at a planned, cohesive vision rather than a patchwork build-out. The buyer profile here skews toward young families and first- or second-time buyers comfortable with a neighbourhood that is still finding its footing — tradespeople, city employees, and those who commute along Highway 2 or into central Red Deer will appreciate the western access. Because the community has yet to establish a neighbourhood association or a full slate of nearby amenities, buyers should be self-sufficient and forward-looking: the value proposition is the trajectory, not today''s full-service convenience. Investors considering long-term rental or resale should note that as Red Deer''s western growth corridor fills in, early positions in nascent neighbourhoods like East Burnt Lake have historically appreciated in step with infrastructure completion.

Current market in the neighbourhood

East Burnt Lake is an emerging neighbourhood with a modest but growing pool of sales data. Over the past 12 months, homes have sold here, with a median sold price and an average. Homes are typically moving in days, and sellers are achieving of their asking price on average — a useful gauge of how competitive the market is at any given time. Current active listings are priced between, with an average list price of $449,000. Because inventory remains limited in this developing community, price-per-square-foot data can shift meaningfully from quarter to quarter; always review the latest comparable sales before making an offer.

Commute and lifestyle

East Burnt Lake''s west-side position gives residents straightforward access to Highway 2 (the Queen Elizabeth II Highway), the main corridor connecting Red Deer to Calgary (about 150 km south) and Edmonton (about 150 km north) — a meaningful benefit for the significant share of central Albertans who commute between these cities or travel regularly for work. Within Red Deer, the drive to downtown takes roughly 10 to 15 minutes depending on traffic, and Red Deer Polytechnic''s main campus at 100 Donald Blvd is accessible in a similar window heading south. The city''s broader recreation network — Bower Ponds, Waskasoo Park''s trail system, and the G.H. Dawe Community Centre — is reachable within 15 to 20 minutes. As a newer community, East Burnt Lake does not yet have dedicated neighbourhood retail or a local activity centre; residents use commercial nodes along 67th Street and Gaetz Avenue for everyday errands. The absence of established community programming is offset by the neighbourhood''s relative quiet and the open feel of a community that has not yet reached full density — something many buyers in this stage actively seek out.

Long-term context

Red Deer''s western growth corridor has consistently been where the city adds new residential land, and East Burnt Lake sits within that expanding footprint. The City of Red Deer annexed the Burnt Lake lands from Red Deer County in 2007, and residential development in the broader area has been incremental since — meaning buyers today are purchasing into a neighbourhood whose full infrastructure and amenity profile is still being realized. Historically, Red Deer neighbourhoods in the early build-out phase have seen their most pronounced price appreciation once a critical mass of homes is occupied and community services begin arriving. With no established community association yet and limited comparable sales, East Burnt Lake is genuinely early-stage. Buyers with a 5- to 10-year horizon who are comfortable with near-term illiquidity tend to be best positioned. Red Deer''s overall housing market has remained more affordable than Calgary or Edmonton, which continues to draw interprovincial migrants — a demand tailwind that benefits newer communities citywide.

About East Burnt Lake

Overview

East Burnt Lake is a primarily commercial and industrial neighbourhood located in the western sector of Red Deer. Forming part of the broader Burnt Lake Industrial Park, it is known for its quiet, business-oriented environment and strategic positioning for commercial enterprises. The local market currently features 1 active listing.

Location

Situated in the Red Deer metropolitan area, East Burnt Lake offers strategic access for logistics and transport. The neighbourhood provides excellent visibility and quick access to major transportation routes, including Highway 2 and Highway 11, making it highly convenient for commercial transit while bypassing dense city traffic.

Housing character

Real estate in East Burnt Lake is almost exclusively dedicated to commercial and industrial properties, featuring large lots, acreage, and facility spaces zoned for business use. There is virtually no residential housing in this district, with an average list price of $449,000 largely reflecting commercial land and industrial facility values.

Schools

Due to its industrial zoning, there are no primary or high schools located within East Burnt Lake. The area does not cater to residential family living, meaning families residing in nearby districts must commute to adjacent Red Deer neighbourhoods for educational institutions and childcare facilities.

Transit

Driving is the most practical and efficient way to navigate East Burnt Lake. The area features ample commercial parking and rapid access to nearby highways. It is not well-suited for pedestrians, and cycling can be challenging due to limited dedicated bike infrastructure and the industrial nature of local traffic.

Shopping and dining

Day-to-day commercial amenities are limited, as East Burnt Lake is tailored to industrial operations. While there are a few local food stops or services catering to the daytime workforce, completing daily errands or reaching supermarkets on foot is highly impractical. Most shopping and dining needs require a short drive into Red Deer's retail districts.

Parks and recreation

Because the area's primary focus is industrial and commercial development, traditional residential parks and recreational facilities are not a feature of East Burnt Lake. However, the wider historical Burnt Lake district is rooted in Central Alberta's agricultural past, offering a spacious, open environment on the edge of the city.

Lifestyle

The lifestyle in East Burnt Lake revolves entirely around commerce, industry, and daily work routines rather than residential community living. The streets are generally tranquil outside of standard business operations, providing a calm, purely functional atmosphere for the companies and workforce operating in the area.

See recent sold prices in East Burnt Lake, Red Deer

Browse MLS® sold prices to understand the market before you buy.

View sold data

Frequently Asked Questions

East Burnt Lake is still in an early build-out phase. The neighbourhood has established street infrastructure — including Burnt Basin Street, Burnt Valley Avenue, Burnt Park Drive, Burnt Bluff Street, and Burnt Lake Trail — but it does not yet have a neighbourhood association or dedicated community amenities. Buyers should expect a quieter, lower-density feel as the community continues to develop.

Website provided by Kelly Grant

Copyright 2026 by the Canadian Real Estate Association (CREA). All Rights Reserved.

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 June 9, 2026 at 9:00 pm (America/Edmonton)