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Chip Lake: A Big Lake Right on the Yellowhead
Chip Lake is the lake you have probably driven past without stopping: the Yellowhead runs along its south shore about 112 km west of Edmonton. That highway frontage is its practical advantage. Winter access is easy, and a cabin here does not depend on a long gravel road.
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Large and marshy
At about 73 km², Chip Lake is one of the larger lakes on this site, and it drains through the Lobstick River into the Pembina. It sits in Yellowhead County. Much of the shoreline is low and reedy, which suits waterfowl and anglers more than sandy-beach swimming, so walk a lot's shore before you picture a dock.
Wildwood is the service centre
The hamlet of Wildwood, on the south shore, had 257 residents in 2021 and holds a Yellowhead County office. Our MLS System recorded 11 detached sales in Wildwood over the 12 months to October 31, at a median of $135,000, and the median sale took 113 days. Low prices and long market times go together here; a buyer has time, and a seller needs patience.
Source: REALTORS® Association of Edmonton MLS® System, Nov 1, 2025 to Oct 31, 2026 (closed sales) and Nov 8, 2026 (active listings).
The drive
From Terwillegar Drive, take the Henday north to the Yellowhead and head west past Wabamun and Evansburg. The whole trip is on a divided highway or close to it, which is unusual for a cabin lake this far out.
Who buys here
Most interest comes from people who want a low-cost base for hunting, fishing or snowmobiling west of the city, and from families with work in the Edson or Evansburg area. If you want a busy summer beach scene, Wabamun or Pigeon will suit you better.
County business on the south shore
Wildwood also holds Yellowhead County's second office, so permits, taxes and development questions can be handled on the lake rather than in Edson. Back east along the highway, Evansburg and Pembina River Provincial Park are the nearest larger stop for supplies and a day on the river.
Checks
- Flooding history on low shoreline lots.
- Highway noise for lots close to the Yellowhead.
- Septic and well records, and whether the home is on a holding tank.
Sources: Chip Lake, Wikipedia, Wildwood, Wikipedia, AHS blue-green algae advisories, Alberta lakeshore rules, Alberta private sewage standards.
Chip Lake, briefly
How far is Chip Lake from Edmonton?
About 112 km west, with the Yellowhead running along the south shore at Wildwood.
What river drains Chip Lake?
The Lobstick River, which flows to the Pembina.
What do homes in Wildwood sell for?
Detached homes had a median of $135,000 on 11 sales over the last 12 months.
Is Chip Lake good for swimming?
Much of the shore is low and reedy, so it suits fishing and waterfowl more than beach swimming.
Is highway noise an issue at Chip Lake?
For lots near the Yellowhead, yes. Visit at different times of day.
Questions about Chip Lake cabins?
Contact the Haupt Phaneuf Real Estate Team, eXp Realty, at 780-993-8574.