A legacy property on the water. Set on 150 acres of private Gadsby Lake shoreline, The Pelican Lodge offers an exceptional opportunity rarely found on today's market: a multi-structure family compound built for generations of gathering. The main lodge spans 13,000 sq ft and anchors the estate with soaring vaulted ceilings featuring Gluam wood beams, a great room centered on a stone wood-burning fireplace, and walls of windows framing uninterrupted lake views. This one-of-a-kind estate features approximately 1.2 kilometres of lakefront along serene Gadsby Lake, ,five pristine ponds, roughly 3.25 kilometres of paved pathways, and mature treed grounds set within an otherwise cleared landscape. Meticulously designed and partially undeveloped, the home awaits its next owner's personal finishing touches. Pelican Lodge delivers a year-round lifestyle unlike any other single destination in the world. Spend summers watching the sunset over the lake from your expansive west-facing deck, canoeing, golfing, bird watching, observing abundant local wildlife, or walking and cycling the cart paths. In winter, enjoy cross-country skiing, snowmobiling, and skating, or unwind by one of three fireplaces while taking in the snow-blanketed grounds. The Pelican Lodge is a once-in-a-generation chance to own a true family compound on one of the region's most coveted lakes.
Data was last updated June 26, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
50
Avg list price:
$729,950
Min list price:
$197,900
Max list price:
$6,900,000
Avg days on market:
60
Min days on market:
1
Max days on market:
253
Avg price per sq.ft.:
$446.04
These statistics are generated based on the current listing's property type
and located in
Rural Lacombe County. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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.