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Real Estate in Hazlett Lake, Red Deer

Hazlett Lake is built for buyers who want to get into Red Deer''s newest master-planned community before prices climb.

Active listings

1

Median list price

$875,000

Avg list price

$875,000

Homes for Sale in Hazlett Lake, Red Deer

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Buying in Hazlett Lake

Who fits here

Hazlett Lake is built for buyers who want to get into Red Deer''s newest master-planned community before prices climb. As the first development north of the Red Deer River since Johnstone Park broke ground in 2003, this 350-acre NW community is being shaped around a natural lake — the only residential neighbourhood in the city wrapped around a sizable water body. That distinction matters: the Hazlett Lake area structure plan reserves the lake shoreline as environmentally protected open space, giving future residents permanent access to a trail-connected natural park rather than infill that edges it out over time. The buyer mix skews toward families and first-move-up households. NADG''s development program emphasizes "missing middle" ground-oriented housing — accessory suites, multiplexes, row homes, stacked towns, and low-rise apartments alongside single-family lots — which means entry points across a wide range of budgets. Infrastructure is tracking toward 2028 underground servicing, with first occupancy projected 2029–2030. Early lot buyers are acquiring at pre-infrastructure pricing, making this a community where timing has tangible value. Proximity to the QE II–Highway 11A interchange puts downtown Red Deer about 10–15 minutes south and keeps both Edmonton and Calgary within roughly 1.5 hours via the province''s busiest freeway corridor.

Current market in the neighbourhood

Hazlett Lake is an emerging pre-construction community, so resale transaction volume is limited. Current Red Deer-wide benchmarks give buyers useful context: the median sold price across Red Deer sits, with an average and an average of days on market. The sale-to-list ratio runs, reflecting competitive conditions in move-in-ready inventory. Active listings across the city average with an average price per square foot. Price range for homes currently trading in comparable NW Red Deer neighbourhoods runs from. As Hazlett Lake transitions from pre-construction to active resale over the next several years, these city-wide figures establish the baseline from which its lake-oriented premium is expected to build.

Commute and lifestyle

Hazlett Lake sits at the intersection of the QE II Highway and Highway 11A — Red Deer''s two primary arterials — giving residents one of the most direct access points in the city. The QE II (Highway 2) is the main Calgary–Edmonton corridor: Calgary is roughly 145 km south and Edmonton about 150 km north, each reachable in approximately 1.5 hours under normal highway conditions. Locally, the Highway 11A corridor feeds directly into Red Deer''s north end road network, putting Gaetz Avenue retail and downtown employment within a 10–15 minute drive. Red Deer Polytechnic, the city''s primary post-secondary institution offering 75-plus certificate and degree programs, is on the south side of the city and reachable without touching a highway. Waskasoo Park''s 80-plus kilometres of multi-use trails encircle much of the city; the Hazlett Lake neighbourhood plan integrates regional trail connections that will link directly into that system. The lake itself is protected natural habitat year-round — residents will have trailhead access to the shoreline, not just views of it. The planned neighbourhood commercial node (a C2B District Shopping Centre site in the southeast corner) will eventually bring food, medical, and retail services on-site, reducing everyday trip distances once the community matures.

Long-term context

Red Deer achieved census metropolitan area status in 2021, a threshold that signals regional economic density and typically correlates with sustained housing demand. The city''s employment base spans health care, oil and gas, construction, retail, and education — a diversified mix that has historically dampened the single-commodity volatility that affects smaller Alberta centres. Hazlett Lake specifically sits in the North of Highway 11A Major Area Structure Plan — a precinct that hasn''t seen new residential development since Johnstone Park''s build-out over two decades ago. Supply scarcity in the city''s north end has been a structural feature, not a temporary one. The 2018 NASP approval and the province''s concurrent QE II widening project (with fill material being repurposed for Hazlett Lake site grading) reflect coordinated public investment that typically precedes value lift in a new corridor. Buyers entering at pre-servicing stage — with underground infrastructure targeted for 2028 and first closings projected 2029–2030 — are positioned ahead of the demand surge that follows completed schools, commercial services, and a fully operational trail network.

About Hazlett Lake

Overview

Hazlett Lake is Red Deer's newest master-planned residential development, uniquely centered around a large natural lake in the city's northwest quadrant. As the pioneering community in the North of Highway 11A Major Area Structure Plan, it sets the standard for future growth with a strong focus on peaceful, lakeside living and preserved natural spaces.

Location

Situated in northwest Red Deer just off Highway 11A and adjacent to Highway 2, the neighborhood provides excellent regional connectivity. It offers straightforward access to downtown Red Deer amenities as well as a quick commute to nearby Central Alberta communities like Sylvan Lake, Lacombe, and Blackfalds.

Housing character

Designed to accommodate diverse lifestyles, housing options range from affordable single-family homes and modern townhouses to apartment-style condos and scenic lakefront estates. With 1 active listings, this emerging community offers a variety of lot sizes and architectural styles reflecting an $875,000.

Schools

While the community is in its development phases, families have convenient access to established nearby facilities like the Glendale Sciences and Technology School. The broader area structure plan also designates future sites for local schools to support the neighborhood as it continues to grow.

Transit

Hazlett Lake is designed with neighborhood nodes that integrate higher-density residential areas with proposed public transit stops. Additionally, an extensive interconnected multi-use trail system encourages active commuting, while nearby Highway 11A and Highway 2 provide quick access for drivers.

Shopping and dining

The neighborhood's master plan includes designated commercial spaces within local nodes to provide future street-level shops, cafes, and services. In the meantime, residents enjoy close proximity to established shopping destinations like Parkland Mall and the diverse dining options located along Gaetz Avenue.

Parks and recreation

The community's crown jewel is the natural water body of Hazlett Lake, which serves as the heart of a major municipal park system. Residents can step outside to enjoy birdwatching, kayaking, and an extensive network of looping multi-use trails that link local environmental reserves and green spaces.

Lifestyle

Ideal for families, retirees, and outdoor enthusiasts, the lifestyle here seamlessly blends urban conveniences with the tranquility of nature. With year-round recreational opportunities from summer kayaking to winter skating on the lake, Hazlett Lake offers a distinctive, recreation-focused way of life.

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Frequently Asked Questions

Infrastructure work is targeting 2028 for underground servicing completion, with first residential occupancy projected for 2029 or 2030. The development is currently in the pre-construction and grading phase. Early lot registrations are open through NADG (North American Development Group), the master developer.

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Listing information last updated on June 8, 2026 at 4:00 pm (America/Edmonton)