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Half Moon Bay Real Estate

Gull Lake's crescent shoreline — Lacombe County, walleye fishing, central Alberta

Gull Lake
Water Body
~200 seasonal
Population
$330,000
Avg Property Price
Lacombe County / Central Alberta
Region

Lake Properties in Half Moon Bay

Half Moon Bay takes its name from the crescent-shaped section of Gull Lake shoreline it occupies — a natural arc that gives the community its harbour-like feel and provides some shelter from wind-driven waves. Gull Lake is central Alberta's walleye lake: warm, relatively shallow, reliably productive fishing water that has been drawing cottage families from Red Deer (30 km northwest), Lacombe (20 km northwest), and Edmonton (130 km north) for generations. Half Moon Bay's crescent shore is one of the more distinctive addresses on the lake — the geometry of the bay is hard to replicate, and the properties that face into it benefit from that enclosure. At $330,000 average, it's accessible central Alberta lake life.

Seasonal Cabin / Cottage

$200K – $380K

Traditional Gull Lake cottages in Half Moon Bay's crescent shoreline with walleye fishing access.

Year-Round Lake Home

$355K – $620K

Insulated year-round Half Moon Bay properties with Gull Lake access and Lacombe County services.

Lakefront Premium

$580K – $1.2M+

Direct Gull Lake frontage in the bay with private dock and protected crescent-shore water views.

Listings coming soon — contact us to be notified when Half Moon Bay goes live.

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About Half Moon Bay, Alberta

What is Gull Lake like?

Gull Lake is a popular central Alberta recreation lake known for excellent walleye fishing, warm summer water temperatures, and a well-established cottage community distributed among several summer villages along its shores. The lake is shallower and warmer than some Alberta lakes — which means better swimming — and the walleye fishery is one of the reasons Gull Lake retains its loyal following year after year. Lacombe and Ponoka flank the lake from the north and south; Red Deer is about 30 km northwest.

Why is it called Half Moon Bay?

Half Moon Bay takes its name from the crescent-shaped section of Gull Lake shoreline it occupies — the bay curves in a natural arc that creates the enclosed, harbour-like feeling the name suggests. That shoreline shape provides some shelter from wind-driven waves that can affect more exposed lake properties, giving Half Moon Bay a degree of natural protection that makes it particularly pleasant for swimming and smaller watercraft.

What county is Half Moon Bay in?

Half Moon Bay is in Lacombe County, central Alberta — a well-serviced agricultural county with Lacombe city providing the nearest hospital, retail, and urban services approximately 20 km northwest of Gull Lake. Red Deer, about 30 km northwest, offers the full range of services for a regional centre. The county encompasses both productive grain farming land and the Gull Lake recreation corridor.

How far is Half Moon Bay from Red Deer?

Half Moon Bay is approximately 30 km southeast of Red Deer — roughly 25 to 30 minutes via Highway 2 and the Gull Lake access roads. That makes it one of the more convenient lake addresses for Red Deer residents, and within a practical commute for those working in Red Deer. Edmonton is about 130 km north; Calgary about 160 km south.

Is Half Moon Bay seasonal or year-round?

Half Moon Bay has a mix of seasonal cottagers and year-round residents. Gull Lake's proximity to Red Deer and Lacombe makes year-round living practical for those who work in those cities, and the lake's ice fishing in winter attracts dedicated anglers through the cold months. Buyers should confirm winterisation and services for specific properties.

What are land title transfer fees like in Alberta?

Alberta's Land Title Transfer Fees are minimal compared to Ontario's or BC's Land Transfer Taxes. At Half Moon Bay's average of around $330,000, Alberta's closing cost advantage is meaningful — making Gull Lake cottage property an attractive comparison to Ontario or BC cottage country where land transfer taxes on equivalent properties are substantially higher.

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