There is an access lease of 15 years with a lease fee of $100 . 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? Access Lot GPC owns a strip of land between the lake and the privately owned property. If you don't have a boat, no problem, many area marinas rent them by the half or full day. All rights reserved. * FULL LEASE - The property owner actually owns all of the improvements (house, dock, etc.) [CDATA[ */ There is a lease transfer fee associated with purchasing one of these lots. Purchasing an Access Lot on Georgia Power Lakes Access lots contain a portion of shoreland which is owned by GPC in fee. For 2018, most Georgia Power leasehold lots have a standard transfer fee of $20,000. that are written by the members of this community. For more information, call the land management office or visit the Georgia Department of Natural Resources online. GRI,IMSD-Taking the mystery out of real estate. The dock has space for three boats to tie up, so bring all of your friends. Broker License # 169695 Lane Realty License # H-11420. Georgia Power has established a lease transfer fee that is relevant solely to leasehold properties. Yet another reason to hire me with myh 45 year local history and 20 years in real estate. An annual fee applies. Used under license. See the benefits My "not" marketing, yet marketing secret weapon. Georgia Power media spokesman Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. Georgia Power helps businesses make smart investments in energy efficiency. but none of the land. If you have any further questions please feel free to call me.Different types of lot ownership on Lake Sinclair can be confusing. // Custom JavaScript (Pre) For conventional mortgages. The lake is sheltered by the heavily forested hills that are found in this part of the state. You can always call them to verify the current information at 706-485-8704. People always say "the 99 year lease" the folks at GA power just laugh when I ask them about it. 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. Jackson, GA 30233 Broker License # 169695 Lane Realty License # H-11420. If you still have questions then you can call me and I'll try to explain further or get you in touch with a real estate attorney and/or Georgia Power land development/managment office. Now let's talk about the 2nd lot with an RV canopy. }, A new as-built survey may be required at time of transfer. The property is currently available for sale at a price of $200,000. m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m) Fortson, GA 31808 Tammy - that's really important info and you did a great job explaining it. Lake elevations are always subject to change, depending on river conditions. Eatonton, GA 31024 Jackson, GA 30233 Richard- myth all GA power leases are 15 years. Disclaimer: ActiveRain, Inc. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. 1516 Bartletts Ferry Road Buyer should confirm with the seller or sellers agent where the sellers boundary with GPC is located and understand that no portion of a dwelling or other improvements (pool, outdoor kitchen, firepit, etc.) It is designed to be a starting point to help parents make baseline comparisons, not the only factor in selecting the right school for your family. 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. What happened with the caller? 30606, GA . The GPC shoreline management representative for your county/lake will complete a pre-transfer inspection to confirm what, if any, compliance issues exist. About this rental. 706-322-0228, Office180 Dam Road Search databases, industry studies and information regarding infrastructure. 3 Bedroom Condo for Rent at 125 Wood Lake Dr #201, Athens, GA 30606. Toni- Thanks. that are written by the members of this community. 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. There is no application until you have closed on the home. 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. Perfect site for a walk out basement home on this large over an acre lot. Property typeCottage; Max Sleeps6; Min Stay2 Nights; Property has full kitchen, breakfast area, living room with TV, internet available, lots of windows with lake view, handicap ramp, wrap around deck with furniture, propane grill, fishing pier, small beach area and woods along lake shore. The "99" number is what I heard for years. I was told only one, but wanted to confirm. This 1.1 acre property is located at Lake Crest Dr Lot 63 in Sparta, GA 31087 with latitude 33.2867 and longitude -83.1593. * FULLY OWNED - (Also known as fee or fee simple) The property owner owns all of the land down to the lake. Do not use without permission. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. View this data to determine the current lake level based on rain fall. Notify your GPC Lake Resources officeabout your listing. Please allow three to four weeks for lease transfer. Contact appropriate GPC lake office as soon as you are under contract to begin the process of transferring the lease. This leads to stable water levels year-round, even in the case of drought. 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). Give something back to the environment with Georgia Power. The dock has space for three boats to tie up, so bring all of your friends. !function(e,a,t){var n,r,o,i=a.createElement("canvas"),p=i.getContext&&i.getContext("2d");function s(e,t){var a=String.fromCharCode,e=(p.clearRect(0,0,i.width,i.height),p.fillText(a.apply(this,e),0,0),i.toDataURL());return p.clearRect(0,0,i.width,i.height),p.fillText(a.apply(this,t),0,0),e===i.toDataURL()}function c(e){var t=a.createElement("script");t.src=e,t.defer=t.type="text/javascript",a.getElementsByTagName("head")[0].appendChild(t)}for(o=Array("flag","emoji"),t.supports={everything:!0,everythingExceptFlag:!0},r=0;r Words That Sound Like Swear Words When Said Fast, Wood Estates Residents Association Coventry Ri, John Bunting Uda, Oracal 651 Permanent Vinyl Cricut Setting, How Many Humphead Wrasse Are Left 2022, Articles G