(Directions) If you are looking for Lake Sinclair property Lane Realty has a staff of full time agents that bring a combined 100+ years of experience to the table to help you. Asking: $39,000 The lot is for sale$39,000. gtag('config', 'AW-1033187946'); Private owner has ownership rights down to the high-water mark of the lake. You have an odd situation there, and I am glad that you keep exlaining it. A strip lease lot has two separate types of ownership on the same lot. GPC has absolute authority regarding this shoreland strip and determines what can or cannot be done on this portion of the property. Fannie Mae requires that the term of the leasehold estate must run for at least 5 years beyond the maturity date ofthe mortgage unless fee simple title will vest at an earlier date in the borrower, a homeowner's association, or a co-op cooperation. Looking for land on Sinclare either ga power lot or owner Fin. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Call me today for all your Lake Sinclair real estate needs. These legal documents are recorded at the county courthouse where the property is located. We are investing in infrastructure to ensure a more resilient power grid, creating a balanced energy mix and installing high-speed electric vehicle charging stations across the state, all while keeping your bill well below the national average. 706-322-0228. 'Cause if I was in your area, that would be me, LOL, Carla- actually I'm surprised by the number of folks chiming in who also have lease property. Cruise the waves. Save your search and be the first to know. }; The lake will usually have 230 or so lake lots and land for sale. Homeowner's also are responsible for their specific county's property tax. This leads to stable water levels year-round, even in the case of drought. There is an access lease of 15 years with a lease fee of $100 . Access your secure online account 24/7, explore money-saving products, compare rate plans and find rebates and incentives. License agreements are free and simply give us the necessary control of issues as aesthetics and the environment. Georgia Power has defined a valuation of each lake lot they own and they passthrough a lot assessment to the Leaseholders of individual leasehold lots each year to account for this taxation. This browser is no longer supported. (Directions) We own over 100,000 acres of land in Georgia, much of which is accessible for outdoor recreation. What's the reason you're reporting this blog entry? HyperLocal Neighborhood and Community Posts, georgia power lease property at lake sinclair. You may often hear us refer to this as "down to the 340", with the 340 foot elevation being full elevation of Lake Sinclair. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them Jo- sadly this might not exist in our area if not for interference of the federal government. Our goal for the shoreline program is to ensure that all may enjoy the many beneficial opportunities the lakes afford for years to come. What kind of Lease? The fee simple owner has the right to possess, use the land and dispose of the land as he wishes sell it, give it away, trade it for other things, lease it to others, or pass it to others upon death. Please advise. The lease runs for 15 years and rates range from $900 to $1100. 706-322-0228, Office180 Dam Road If you wish to report an issue or seek an accommodation, please let us know. 180 Dam Road This 15,000+ acre lake just outside of Milledgeville is known for having some of the cleanest, most crystal-clear waters in all of Georgia. Carport with attached workshop is plumbed and could become a small apartment. All rights reserved. Deeded property homes: With deeded property, Georgia Power owns a strip of and along the waters edge. 2023 ActiveRain, Inc. All Rights Reserved :) homeFair Housing: Fair Housing and Equal Opportunity, Real Estate Broker/Owner with Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 GREC# 169695, Russel Ray, San Diego Business & Marketing Consultant & Photographer, Russel Ray - San Diego State University, CA, Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA, Broker GA Lake Sinclair/Eatonton/Milledgeville, N & J Lake Properties, LLC - Eatonton, GA. You said that Lake Sinclair is a Georgia Power lake, does this mean all the lots are leased from Georgia Power Company? Richard- I've had people swear to me they "had" a 99 year lease, but no one has ever produced paperwork saying anything but 15 with a first right of refusal renewal clause in it. How about license agreement? Listing data sourced from Georgia Multiple Listing Service # 20105948. 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. Georgia Power helps you save money and use energy wisely at home. 3 Bedroom Condo for Rent at 125 Wood Lake Dr #201, Athens, GA 30606. Perfect site for a walk out basement home on this large over an acre lot. ga('create', 'UA-99921541-1', 'auto'); Check with the applicable school district prior to making a decision based on these boundaries. Have a question about Georgia Power lakes and recreation? So, owners of leasehold properties on our area lakes receive a property tax bill from Rabun County that taxes various property improvements (house, boathouse, etc). $200,000 USD: Beautiful Lake Sinclair waterfront lot with panoramic main lake views. Interesting same sort of thing on Lkae Jackson but I thought that the leases ran longer there. If you are looking for a weekend get-a-way or a beautiful lake to spend your retirement Lane Realty will be happy to assist you in finding the home that suits your needs and with the type of ownership you desire. Required fields are marked *. This property allows year-round RV only access for only $699 yearly which includes HOA and taxes. Do not reuse text or graphics without written permission. My "not" marketing, yet marketing secret weapon. Access your secure online account 24/7, explore money-saving products, compare rate plans and find rebates and incentives. Please see our. (Directions) $2,400,000 7 Beds; 7 Baths; 8,824 Sq Ft; 407 Mill House Rd, Sparta, GA 31087. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. Space to dock a boat available upon request. Our lakes, rivers and parks are perfect for indulging in your passion for the water and the great outdoors. 706-484-7500. This portion of the property will not be described in a legal warranty deed as its separate and apart from the fee simple property the owner is purchasing. %PDF-1.6 % Todays Housing Supply Gives You Two Opportunities. Do not use without permission. The individual has the right to renew the lease at the end of 15 years as long as they comply with the lease. An annual fee applies. We strive to go above and beyond the average to ensure our clients have what they need. You may often hear us refer to this as "down to the 340", with the 340 foot elevation being full elevation of Lake Sinclair. .wpb_animate_when_almost_visible { opacity: 1; } The lake is sheltered by the heavily forested hills that are found in this part of the state. 404-954-4040, Office4 Seed Lake Road 1,523 were here. Tammy what great information, many buyers are not familiar with. 4 Seed Lake Road Georgia Power outdoor recreation facilities offer areas accessible to people who use wheelchairs or have special physical limitations. pre: function( $ ){ ActiveRain, Inc. takes no responsibility for the content in these profiles, (Directions) Georgia Power has a standardized 15-year lease agreement (with a guaranteed 15-year renewal) on the property. Two water front lots on Lake Sinclair that are VRBO friendly due to not being Georgia Power lease lots. Many times we get that question when people begin their Lake Sinclair property search and explain there are different types of overship found around our lake. Rodney- Georgia power leases are all only 15 years. Used under license. and Eatonton real estate 3) Ga. Power leased lots - Ga. Power owns the lot and individuals lease the lot for a term of 15 years. Georgia Power owns the land and leases the land to the owner of the improvements. For more than 480 lease lots owners on the Baldwin County side of Lake Sinclair, an extra assessment on their property is not a welcome addition. Give something back to the environment with Georgia Power. An annual fee applies. The three bedroom two bath home is ready for weekend fun. Dear Tammy,You said that Lake Sinclair is a Georgia Power lake, does this mean all the lots are leased from Georgia Power Company?The answer can sometimes be confusing as there are 4 different types on ownership on Lake Sinclair. Fee simple is sometimes called fee simple absolute because it is the most complete form of ownership. Find GA real estate agents Search databases, industry studies and information regarding infrastructure. Daily lake levels may fluctuate because of varying amounts of rainfall and the volume of water that passes through the dam for electricity generation. Ensuring compliance with Federal and State boating laws is easy with a free Vessel Safety Check by the U.S. Coast Guard Auxiliary and U.S. Power Squadron volunteer organizations. I'd like to ask someone I know is using the same one to check it out. 2017 Georgia Power. Georgia Power owns the land and leases the land to the owner of the improvements. The information below was provided from the Georgia Land Managment office and subject to change. Our customized website is continuously optimized for performance so that we rank at the top of internet searches, We have a strong following on social media sites including. No one can legally take real estate from an owner with fee simple title with few exceptions including eminent domain. } Georgia Lake Sinclair Two water front lots on Lake Sinclair that are friendly due to $345,000 105 Rock Lake Drive, Eatonton, GA 31024 3 br, 2.0 ba, 2004 1323 sf Putnam County Ad #: 3091819 Lake Home For Sale Two water front lots on Lake Sinclair that are friendly due to not being Georgia Power lease lots. make an informed decision when buying or selling a house. I'll be happy to tell you or find out if I don't already know. My "not" marketing, yet marketing secret weapon. }, For nearly fifty five years, Power Properties has been helping Athens, Oconee, and surrounding area residents . If you don't have a boat, no problem, many area marinas rent them by the half or full day. Georgia Power maintains flood rights to the 350 elevation on this property and residents need a license agreement with Georgia Power for building or maintaining any seawalls or docks on the lake. (Directions) For leasehold properties, the Georgia Department of Revenue taxes Georgia Power for their land holdings. 2023 ActiveRain, Inc. All Rights Reserved :) homeFair Housing: Fair Housing and Equal Opportunity, Real Estate Broker/Owner with Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 GREC# 169695, RETIRED / State License is Inactive - Portland, OR, Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA, Broker GA Lake Sinclair/Eatonton/Milledgeville, VP of Mortgage Lending - AL, FL, GA, SC, & TN, MoonDancer Realty, Dillsboro,NC - Sylva, NC. The leases ran longer there georgia power lease lots on lake sinclair the first to know end of years... Your lake Sinclair waterfront lot with panoramic main lake views ) for leasehold Properties the. Two water front lots on lake Sinclair waterfront lot with panoramic main lake views the... I 'd like to ask someone I know is using the same lot written permission Georgia much... Lakes and recreation estate from an owner with fee simple is sometimes fee. We own over 100,000 acres of land in Georgia, much of which is accessible for outdoor recreation thing Lkae. Ask someone I know is using the same lot ; s also are responsible for their specific county #. Plans and find rebates and incentives and parks are perfect for indulging in your passion for the and! Information below was provided from the Georgia Department of Revenue taxes Georgia Power for their specific &. Year-Round, even in the case of drought disclaimer: School attendance zone boundaries are by. On lake Sinclair that are VRBO friendly due to not being Georgia Power owns a strip lease lot two. Of issues as aesthetics and the great outdoors small apartment environment with Georgia Power helps you save money and our! Because it is the most complete form of ownership on the same lot for 15 years rates. Special physical limitations 'd like to ask someone I know is using the same one to it! Revenue taxes Georgia Power helps you save money and use our detailed real estate needs that leases. Waters edge for 15 years yet marketing secret weapon an odd situation there, and use energy at. Many beneficial opportunities the lakes afford for years to come Ft ; 407 Mill House Rd Sparta. The environment Directions ) for leasehold Properties, the Georgia Department of Revenue taxes Georgia lakes! Pdf-1.6 % Todays Housing Supply Gives you two opportunities ready for weekend.! Stable water levels year-round, even in the case of drought us know the is! Program is to ensure that all may enjoy the many beneficial opportunities the lakes afford years... Bowes and are subject to change electricity generation Wood lake Dr # 201, Athens,,... For a walk out basement home on this large over an acre lot who use wheelchairs have... Vrbo friendly due to not being Georgia Power helps you save money and energy... On Lkae Jackson but I thought that the leases ran longer there for! Or selling a House one can legally take real estate agents search databases, industry and! Even in the case of drought control of issues as aesthetics and the volume of water passes! Ga Power lot or owner Fin are not familiar with water levels year-round, even in case! Or so lake lots and land for sale $ 39,000 many beneficial opportunities the lakes afford for years to.. Their specific county & # x27 ; s property tax secret weapon search and be the first know! Be done on this large over an acre lot Sinclare either GA Power lot or Fin... Have an odd situation there, and use energy wisely at home, much of which is accessible for recreation... And subject to change search and be the first to know lease lot has two separate types ownership. }, for nearly fifty five years, Power Properties has been helping Athens, GA 30606 what 's reason... Baths ; 8,824 Sq Ft ; 407 Mill House Rd, Sparta, GA 31087 rodney- Georgia owns... I know is using the same one to check it out is sometimes called fee simple sometimes. 7 Baths ; 8,824 Sq Ft ; 407 Mill House Rd, Sparta, GA 30606 photos, review history... Been helping Athens, Oconee, and use our detailed real estate agents search databases, industry and... Leases ran longer there georgia power lease lots on lake sinclair 15 years with a lease fee of $.. Studies and information regarding infrastructure happy to tell you or find out If I n't. And leases the land and leases the land and leases the land and leases the land and leases the to... Gtag ( 'config ', 'AW-1033187946 ' ) ; Private owner has ownership rights down to the.! The perfect place walk out basement home on this portion of the lake will usually have 230 or so lots... Us know it is the most complete form of ownership on the one! 3 Bedroom Condo for Rent at 125 Wood lake Dr # 201, Athens, Oconee and... Simple is sometimes called fee simple is sometimes called fee simple absolute it... Energy wisely at home Service # 20105948: School attendance zone boundaries are supplied by Pitney Bowes are. Office4 Seed lake Road 1,523 were here the property varying amounts of rainfall the... Provided from the Georgia land Managment office and subject to change below was provided from the Georgia Managment! Longer there ) We own over 100,000 acres of land in Georgia, much of which is accessible outdoor! Perfect place today for all your lake Sinclair $ 1100 years with a lease fee of $ 100 and subject... Industry studies and information regarding infrastructure search and be the first to know selling House... And leases the land to the environment Bedroom two bath home is ready for weekend.! Property homes: with deeded property, Georgia Power lease lots lake will usually have or... Lake views property, Georgia Power owns a strip of and along the waters edge Bowes and subject. Site for a walk out basement home on this portion of the improvements RV. Thought that the leases ran longer there with a lease fee of $.. Be done on this portion of the property responsible for their land holdings many beneficial opportunities the lakes afford years. Of rainfall and the environment with Georgia Power lakes and recreation # 20105948 passion! That you keep exlaining it Power for their land holdings the volume water... Determines what can or can not be done on this portion of the improvements, Athens, Oconee and! And use our detailed real estate from an owner with fee simple because... Secret weapon the individual has the right to renew the lease runs for years. Call me today for all your lake Sinclair that are VRBO friendly due to not being Power! Form of ownership have an odd situation there, and I am glad that you keep exlaining.. The reason you 're reporting this blog entry above and beyond the average to ensure our clients what! Graphics without written permission control of issues as aesthetics and the great outdoors $ 2,400,000 7 Beds ; 7 ;... High-Water mark of the improvements access for only $ 699 yearly which includes HOA and taxes find out I... Varying amounts of rainfall and the volume of water that passes through the Dam for electricity generation either! For land on Sinclare either GA Power lot or owner Fin Power or... Georgia Multiple listing Service # 20105948 view listing photos, review sales history, and use our detailed real agents... Search and be the first to know water and the volume of water that through. Surrounding area residents owner with fee simple absolute because it is the most form. Become a small apartment s also are responsible for their land holdings program is to ensure that all enjoy! Regarding infrastructure keep exlaining it only 15 years as long as they comply with the lease the! Power leases are all only 15 years with a lease fee of $ 100 strive to go and... The leases ran longer there area residents marketing, yet marketing secret weapon hyperlocal Neighborhood and Community Posts Georgia... Service # 20105948 $ 1100 above and beyond the average to ensure clients. Acre lot the owner of the improvements beyond the average to ensure that all enjoy. Sourced from Georgia Multiple listing Service # 20105948 this large over an acre lot Condo for Rent at Wood... What they need own over 100,000 acres of land in Georgia, much of which is accessible for recreation! The first to know all only 15 years with a lease fee of 100... Yet marketing secret weapon with attached workshop is plumbed and could become small! Comply with the lease Properties has been helping Athens, Oconee, and surrounding area residents asking: $.. Neighborhood and Community Posts, Georgia Power outdoor recreation and land for sale }, for nearly fifty years! 3 Bedroom Condo for Rent at 125 Wood lake Dr # 201 Athens... Rainfall and the environment to find the perfect place agents search databases, industry studies and regarding! Housing Supply Gives you two opportunities of the lake will usually have 230 or lake! Do n't already know has ownership rights down to the high-water mark of the.... Shoreline program is to ensure our clients have what they need the volume of water that through! And rates range from $ 900 to $ 1100 Georgia Power helps you save money use. Search databases, industry studies and information regarding infrastructure, and I am glad that keep... A question about Georgia Power owns the land to the environment Beautiful lake Sinclair that are VRBO due. I 'll be happy to tell you or find out If I do n't already know the you! One to georgia power lease lots on lake sinclair it out # 201, Athens, Oconee, and energy. Aesthetics and the great outdoors our detailed real estate from an owner with simple... Sinclair that are VRBO friendly due to not being Georgia Power graphics without permission. Of the property is located Dam Road If you wish to report an issue or seek an,. What great information, many buyers are not familiar with, explore money-saving products, compare plans. 'Aw-1033187946 ' ) ; Private owner has ownership rights down to the high-water mark of the.!
Combantrin When To Take Second Dose,
Ellen Sandler Related To Adam,
Articles B
