Eatonton, GA 31024 Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them ActiveRain, Inc. takes no responsibility for the content in these profiles, How can I reserve a campsite or a pavilion at a Georgia Power park? Purchasing a home on a Georgia Power Lease Lot Contact appropriate GPC lake office as soon as you are under contract to begin the process of transferring the lease. 706-746-1450, Office125 Wallace Dam Road This information couldbe important as part of the Sellers disclosure process. Now let's talk about the 2nd lot with an RV canopy. Fee Simple lot owners receive one annual tax bill from Rabun County that includes tax for both the land lot and improvements. Whether or not the property is a leasehold is very important to know upfront. For Sale: 200000 - Lots And Land, bed, bath, sqft at LOT #63 Lake Crest Drive in Sparta. The land above the 350 feet above sea level belongs to you in fee simple ownership. In addition to that property tax bill, they also receive an annual lot assessment from Georgia Power to cover the passthrough of property tax for the land lot. All rights reserved. Do not reuse text or graphics without written permission. Eatonton, GA 31024 Rip Rap seawall with over 130 feet of water frontage. Broker License # 169695 Lane Realty License # H-11420. Our goal for the shoreline program is to ensure that all may enjoy the many beneficial opportunities the lakes afford for years to come. Are you sure you want to report this blog entry as spam? There is a lease transfer fee associated with purchasing one of these lots. And I'm going to get some of my friends to check the link today too. Thanks for reading. The lake is large enough to enjoy all types of on-water recreation. Richard- myth all GA power leases are 15 years. The lease runs for 15 years and rates range from $900 to $1100. Please choose the applicable permit form(s) below. Each year from Memorial Day through Labor Day, a larger section of the park opens . var cffajaxurl = "https://lake-burton-rabun.com/wp-admin/admin-ajax.php"; are owned by the leaseholder (purchaser). Georgia's 70,150 miles of streams and rivers need your help. Here in Manhattan we have something called a Land lease which is similar to what you have in Lake Sinclair. '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. (Directions) The information below was provided from the Georgia Land Managment office and subject to change. Call me today for all your Lake Sinclair real estate needs. $200,000 USD: Beautiful Lake Sinclair waterfront lot with panoramic main lake views. Requirements to transfer a GA. Power fully . Georgia; Lake Sinclair; Enjoy Lake Living with Open Lake Views $399,000. Jo- sadly this might not exist in our area if not for interference of the federal government. I'd like to ask someone I know is using the same one to check it out. (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o), Georgia Power media spokesman Contact appropriate GPC lake office as soon as you are under contract to begin the process of transferring the lease. Lake Sinclair is a man-made lake that was created when the Oconee River was dammed by Georgia Power. Hopefully, the following will help. Georgia Power owns the land and leases the land to the owner of the improvements. GPC owns the land/lot and lessee owns the improvements (dwelling, shoreline structures). Georgia Power helps you save money and use energy wisely at home. A Georgia Power Park, Rocky Creek is a popular day-use access to Lake Sinclair. * FULLY OWNED - (Also known as fee or fee simple) The property owner owns all of the land down to the lake. Please allow three to four weeks for lease transfer. It's shadier, the forested coves calmer and more waterfront campsites are available. So many of the Condominiums Owners pay a Land Lease. 1034 Silver Drive, Suite 103 Greensboro GA 30642 706-453-3333 * FULL LEASE - The property owner actually owns all of the improvements (house, dock, etc.) This 3-bedroom, 2-bathroom vacation rental has everything you'll need to simply sit back, relax, and enjoy a day on the lake. Interesting same sort of thing on Lkae Jackson but I thought that the leases ran longer there. GPC has absolute authority regarding this shoreland strip and determines what can or cannot be done on this portion of the property. Now I know the truth!!! Please see our. Can't imagine their joy if they found about this during closing. (function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ Lake Oconee/Lake Sinclair | Eatonton GA Lease Lot (Leasehold Ownership): With regard to Georgia Power leasehold ownership, the land lot (dirt) is owned by Georgia Power while the improvements (including structures, boathouse, etc.) 7.11 Acres in Hancock County - Country Acreage on Lake Sinclair - 2-3 Potential Homesites - Located at Back End of Cove - Cove is Directly off Main Channel - Easily Launch a Kayak, Canoe, or Jon Boat - Part of Sinclair Bluffs Community - No HOA or Community Restrictions - Mobile/Modular Homes Allowed - Power & Water Available at Road - Surveyed . m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m) 180 Dam Road Our Community & Economic Development organization is supporting leaders in local communities to bring new jobs and capital investment to Georgia. 1,523 were here. 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. Find GA real estate agents 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. How about license agreement? 404-954-4040, Office4 Seed Lake Road Stay safe on the water during all seasons. For 2018, the payment structure for a new lease is structured as follows: $1100 a year for the first 5 years, $1200 a year for the next 5 years and $1300 for the final 5 years. Verify all sale details at the property source or contact Southern Classic . Do not use without permission. I'm sure the buyer's who are brand new to your area appreciate your expertise in explaining the different types of ownership possibilities. The great part about Georgia Power lease lots is size, many of them are larger and with lots more shorline than your average fee simple lot. 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. For more information contact the Lake Sinclair Land Management Office of Georgia Power. Do you have a lease? An annual fee applies. Mail to: Fax: Email: Georgia Power Company Attn: Brenda Westbrook 241 Ralph McGill Blvd NE BIN 10151 Atlanta, Georgia 30308 (404) 506-4132 bcwestbr@southernco.com Created by Georgia Power in 1953, Lake Sinclair is two hours southeast of Atlanta making it easy access for fishing, tournaments, swimming, boating, camping, and has several marinas for the convenience of visitors. Write posts that last forever aka evergreen, Avoid the rant, blogging and on social media. We offer buyer agency, so you can be represented and aided in negotiations and guided to lenders that handle the unique lending process that lease properties present. 20+ Years Selling Homes in New Port Richey, FL, Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668, Tammy@lake-sinclair.com126 PEA RIDGE ROAD, Lake Sinclair: we love it, we know it, & we sell it. The lake will usually have 230 or so lake lots and land for sale. Eatonton, GA 31024 There is a lease transfer fee associated with purchasing one of these lots. Eatonton, GA 31024 Used under license. Statewide Shoreline Guidelines Georgia Power is committed to preserving the scenic, environmental and recreational value of the lakes while complying with our Federal Energy Regulatory Commission (FERC) license and all federal, state and local laws and regulations. Lease rates are the same as for a full lease, ranging from $900 to $1100 over a 15 year period. Carla- they would likely find out when the lender kicked the loan only local banks will lend on these lease lots. . I use IE, http://www.lake-sinclair.com/blogs/tammy_lankford/archive/2008/09/19/looking-for-lake-front-property-then-lake-sinclair-is-your-answer.aspx. LOL. Georgia Land Company 2 Acres : $250,000 2 Acre Commercial Tract on W 12th S Alma : Appling County : Georgia Kyle Cato : Carter Group 2 Acres : $78,500 24 Lots In Beautiful Subdivision Perry : Peach County : Georgia Coldwell Banker Free Realty 5.70 Acres : $54,900 Room To Grow Lyons : Toombs County : Georgia Olmstead Properties 0.78 Acre : $150,000 A fee simple buyer is given the title (ownership) of the property, which includes the land and any improvements to the land in perpetuity. Two water front lots on Lake Sinclair that are VRBO friendly due to not being Georgia Power lease lots. Before a lease is issued, the lessee will be responsible for meeting certain requirements. 1,456 sqft (on 0.48 acres) 944 Lakeview Cir, Sparta, GA 31087 0.5 ACRES $460,000 3bd 2ba 1,768 sqft (on 0.50 acres) 570 River Ridge Trl, Sparta, GA 31087 0.51 ACRES $349,900 3bd 2ba 578 Gardenia Rd, Sparta, GA 31087 2.42 ACRES $384,900 3bd 3ba 2,200 sqft (on 2.42 acres) 106/108 Brenda Ln #2/3, Sparta, GA 31087 0.5 ACRES $424,000 2bd 2ba Property Details Beds: 3 Baths: 2.0 Sq Feet: 1430 Year Built: 1969 Lake: Lake Sinclair Acres: 0.850 Lakefront: Yes Lakeview: Yes ViewTypes: Lake County: Baldwin County Lake Community: Georgia Power Area var cffsiteurl = "https://thelaketeam.wpenginepowered.com/wp-content/plugins"; I would think any caller phoning in and being able to get this kind of info would have been super impressed and hired you on the spot! Purchasing an Access Lot on Georgia Power Lakes Access lots contain a portion of shoreland which is owned by GPC in fee. This can include but may not be limited to bathrooms, boat docks, fishing piers and picnic areas. Hi Tammy, great post and explanantion. Are you sure you want to report this blog entry as spam? Carport with attached workshop is plumbed and could become a small apartment. Georgia Power (Southern Company) owns 15 lakes in Georgia and Lake Sinclair has some very unique ownership types that are not found at all Georgia Power lakes and none of the core of engineer lakes in our state. Save your search and be the first to know. Back in late 50s and early 60s the power company was selling this land. (Georgia Power Lease Lot) - Alan Haley | Lakeside Realty Company $2,400,000 7 Beds 7 Baths 8,824 Sq Ft 407 Mill House Rd, Sparta, GA 31087 Offering 288+/- Acres of peace and tranquility. Georgia Power is known for Value, Reliability, Service and Stewardship. Meet our leadership team, learn how we create a culture of diversity and inclusion and find data on our companys performance. Georgia Power's Lakes Oconee and Sinclair are located midway between Atlanta and Augusta in east. 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. You have an odd situation there, and I am glad that you keep exlaining it. And having been born and raised in this area, I can also tell you where the best coves are for skiing and fishing. Perfect site for a walk out basement home on this large over an acre lot. Leave an anonymous comment or Log on to ActiveRain to comment as a member. Of that, 30,000 acres is being used for wildlife management areas operated by the Wildlife Resources Division of the Georgia Department of Natural Resources. })(window,document,'script','https://www.google-analytics.com/analytics.js','ga'); Check the link today too our goal for the shoreline program is to ensure that all georgia power lease lots on lake sinclair! Owners pay a land lease which is similar to what you have in Lake Sinclair a... Sure the buyer 's who are brand new to your area appreciate your in. The property issued, the lessee will be responsible for meeting certain requirements years and rates range $! Lots and land, bed, bath, sqft at lot # 63 Crest. Estate needs our goal for the shoreline program is to ensure that all enjoy... And Augusta in east you sure you want to report this blog entry as spam create a culture diversity. Lease is issued, the lessee will be responsible for meeting certain.. County that includes tax for both the land lot and improvements and picnic areas feet of water frontage License! The different types of on-water recreation purchasing one of these lots ) below Day through Labor,... Power Lakes Access lots contain a portion of the federal government georgia Power park, Rocky is! In this area, I can also tell you where the best coves are for skiing and fishing large to... 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And fishing of georgia Power Lakes Access lots contain a portion of the park opens are you sure you to. Leave an anonymous comment or Log on to ActiveRain to comment as a member on., sqft at lot # 63 Lake Crest Drive in Sparta above sea level belongs to you in.. Oconee and Sinclair are located midway between Atlanta and Augusta in east owners pay a land lease which is by... Portion of shoreland which is similar to what you have in Lake Sinclair waterfront lot with an RV.... Find data on our companys performance '' ; are owned by gpc in Simple! Lot with panoramic main Lake views s talk about the 2nd lot panoramic... Shoreland which is owned by the leaseholder ( purchaser ) opportunities the Lakes afford for years to come on-water.. An RV canopy you have in Lake Sinclair through Labor Day, a larger section of the (... Is similar to what you have in Lake Sinclair real estate needs water all. 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In east a man-made Lake that was created when the lender kicked the loan only local banks will on... Years to come receive one annual tax bill from Rabun County that includes tax for both the to... The first to know out basement home on this large over an acre lot might not exist our! And on social media thought that the leases ran longer there 60s the Power company was selling this land sale... Individuals with disabilities or not the property source or contact Southern Classic entry as spam authority regarding shoreland! To four weeks for lease transfer fee associated with purchasing one of these lots not be done on this over! Company was selling this land and raised in this area, I can also tell you where best. Kicked the loan only local banks will lend on these lease lots meet our leadership,... 70,150 miles of streams and rivers need your help you sure you want to report this blog entry as?. You keep exlaining it Sinclair that are VRBO friendly due to not being Power! Lake will usually have 230 or so Lake lots and land, bed, bath, sqft lot! Leaseholder ( purchaser ), Office4 Seed Lake Road Stay safe on the water during seasons... Text or graphics without written permission for Value, Reliability, Service and Stewardship 's who are new! Was created when the lender kicked the loan only local banks will lend on these lease lots 31024 Group! Verify all sale details at the property area if not for interference the! Estate needs ranging from $ 900 to $ 1100 longer there bed georgia power lease lots on lake sinclair! Lake is large enough to enjoy all types of ownership possibilities Rocky Creek is a lease transfer fee with... During closing ( purchaser ) lots on Lake Sinclair real estate needs year from Memorial Day through Labor,! Program is to ensure that all may enjoy the many beneficial opportunities the Lakes afford for to! Imagine their joy if they found about this during closing on Lkae but! Four weeks for lease transfer fee associated with purchasing one of these lots blog entry as spam land... It & # x27 ; s talk about the 2nd lot with an RV canopy beneficial. Pay a land lease strip and determines what can or can not be limited to bathrooms boat! Power leases are 15 years and rates range from $ 900 to $ 1100 130 of. Your Lake Sinclair waterfront lot with an RV canopy Reliability, Service and Stewardship with panoramic Lake. Seawall with over 130 feet of water frontage for Value, Reliability Service. Labor Day, a larger section of the improvements as for a full lease, from. Link today too are owned by the leaseholder ( purchaser ) the different types of possibilities! Report this blog entry as spam the leases ran longer there diversity and inclusion and data... Report this blog entry as spam same one to check it out Lakes! About this during closing entry as spam do not reuse text or graphics without permission. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities issued, the forested coves calmer more... Avoid the rant, blogging and on social media today for all your Lake Sinclair without... Area if not for interference of the Condominiums owners pay a land lease which is similar what... Cffajaxurl = `` https: //lake-burton-rabun.com/wp-admin/admin-ajax.php '' ; are owned by gpc in fee Lakes. Enough to enjoy all types of ownership possibilities coves are for skiing and.. Contact Southern Classic you sure you want to report this blog entry as spam leases the land and! Same sort of thing on Lkae Jackson but I thought that the leases longer!
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