Welcome to 314 Lilac Terrace, a beautifully maintained walkout bungalow offering comfort, space, and move-in-ready peace of mind. This well cared for home features a brand new roof (2024), a new garage door (2024), and updated appliances (2022). Inside, gleaming hardwood floors flow through the sun filled living spaces framed by big, beautiful windows that overlook mature trees, bringing the outdoors in. The large kitchen offers plenty of counter and cabinet space, perfect for everyday living and entertaining alike, while the adjoining dining area opens onto a private upper deck with leafy, tree-lined views. The cozy living room centres around a warm gas fireplace, ideal for relaxing evenings. Downstairs, the fully developed walkout basement extends your living space with a second family room, fireplace, games area, and generous bedroom . Opening directly onto a covered patio and beautifully landscaped backyard. A well maintained walk out bungalow - exactly what you're looking for!
Property Type:
Single Family
Dwelling Type:
Detached Single Family
Home Style:
Hillside Bungalow
Total Floor Area:
1,320.85 sq. ft.123 m2
Price Per SqFt:
$438.35
Total area above grade.:
1,321 sq. ft.122.71 m2
Finished Area Below Grade:
1,253.03 sq. ft.116 m2
Secondary Suite:
No
Separate Entrance:
Yes
Lot Area:
5,877.1 sq. ft.546 m2
Grade Level Entry:
Yes
Levels:
2
Exposure / Faces:
South
Year built:
1998
(Age: 28)
Bedrooms:
3
(Above Grd: 2)
Bathrooms:
3.0
(Full:3/Half:0)
Total Rooms Above Grade:
5
Plan:
9821364
Building Type:
Detached Single Family
Construction:
Wood, Stucco
Foundation:
Concrete Perimeter
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Carpet, Ceramic Tile, Hardwood
Heating:
Forced Air-1, Natural Gas
Fireplace:
Yes
Fireplace Fuel:
Gas
Fireplace Type:
Insert
Parking:
Double Garage Attached
Garage:
Yes
Ensuite:
Yes
Deck, Detectors Smoke, Hot Water Natural Gas, No Smoking Home, Parking-Extra, Vinyl Windows, Walkout Basement
Clarkdale Meadows
Fenced, Flat Site
Deck, Detectors Smoke, Hot Water Natural Gas, No Smoking Home, Parking-Extra, Vinyl Windows, Walkout Basement
Courtesy of Charity L Sagert of Century 21 Masters
Data was last updated July 1, 2026 at 11:30 AM (UTC)
Area Statistics
Listings on market:
145
Avg list price:
$569,999
Min list price:
$370,000
Max list price:
$1,449,702
Avg days in system:
27
Min days in system:
1
Max days in system:
145
Avg price per sq.ft.:
$341.12
These statistics are generated based on the current listing's property type
and located in
Sherwood Park. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on July 1, 2026 at 11:30 AM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.