Constructed in the late 1970s and early 1980s, Village on the Lake stands out as one of Sherwood Park’s newer and most diverse mature neighborhoods. With a range of lot sizes and architectural styles, the centrally located lake offers a unique opportunity for properties backing onto the water. The community boasts a total population of 1,536 residents. The majority of homes, approximately 86%, are single-family residences, while row housing accounts for the remaining 14%, resulting in a total of 601 homes within the neighborhood.The average sale price for a home is $393,000 Village on the lake is home to St.Theresa School.

