Pelican Point, Alberta, Canada
As of August 12, 2026, the median asking price in Pelican Point is $549,900, across 5 active MLS® listings.
Those listings have been on the market an average of 125 days.
1 new listing came to market in Pelican Point in the last 30 days.
Asking prices work out to about $313 per square foot, based on the 5 listings that report floor area.
Detached homes in Pelican Point are listed at an average of $609,180 across 5 active listings.
Pelican Point is a lakeside, recreation-oriented neighbourhood on the west shore of Buffalo Lake near the hamlet of Pelican Point in central Alberta. The area is characterized by seasonal cottages mixed with a growing number of year-round homes, quiet local roads, and a strong “summer community” vibe with heavier activity on weekends and during peak vacation periods. Demographics skew to families and retirees, plus a meaningful share of second-home owners from Edmonton/Red Deer and nearby communities looking for waterfront access and boating/fishing lifestyle.
Key amenities are primarily outdoor and lake-based: Buffalo Lake access, beaches, boat launches/marinas in the broader Buffalo Lake area, and golf/park use nearby. Day-to-day shopping and services are generally in nearby Bashaw, Alix, or Stettler, with larger retail and medical options in Red Deer. Schools are typically accessed in surrounding towns (commuting by car or via rural busing where available), and there is no practical local public transit—ownership of a vehicle is effectively required. Real estate is dominated by detached homes and cabins on larger lots; demand and pricing are sensitive to lake levels, shoreline quality, and short-term vacation appeal. Market trends tend to be steadier than major cities but can show sharp seasonal liquidity, with recent years benefiting from Alberta’s in-migration and lifestyle/remote-work demand for recreation properties.
Pelican Point currently has 4 active for-sale listings with a median asking price of $654,450, averaging $286 per square foot. Homes are taking about 135 days on market, suggesting a slower-moving environment where buyers and investors may have room to negotiate and be selective. With limited inventory but extended selling timelines, well-priced properties should stand out while overpriced listings may linger.
The median asking price in Pelican Point is $549,900, across 5 active MLS® listings as of August 12, 2026. The average asking price is $609,180. These are list prices on homes currently for sale, not sale prices.
There are 5 active MLS® listings in Pelican Point as of August 12, 2026. 1 of them came to market in the last 30 days.
Homes currently listed in Pelican Point have been on the market an average of 125 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.