A Georgia Power Park, Rocky Creek is a popular day-use access to Lake Sinclair. So right after I emailed it to her, I began to write this post. Fee Simple lot owners receive one annual tax bill from Rabun County that includes tax for both the land lot and improvements. %PDF-1.6 % Todays Housing Supply Gives You Two Opportunities. The three bedroom two bath home is ready for weekend fun. 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. 3 Bedroom Condo for Rent at 125 Wood Lake Dr #201, Athens, GA 30606. Level 3 soil report. m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m) 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. 706-322-0228, Office180 Dam Road Access lots contain a portion of shoreland which is owned by GPC in fee. (Directions) Back in late 50s and early 60s the power company was selling this land. 305 Burtom Rd, Eatonton, GA 31024 MLS ID #20093742, SINCLAIR RESERVE REALTY LLC $459,000 3 bds 2 ba 1,380 sqft - Home for sale 57 days on Zillow 108 Bobcat Trl, Eatonton, GA 31024 MLS ID #20104757, KELLER WILLIAMS RLTY ATL PART $99,900 (Directions) There is an access lease of 15 years with a lease fee of $100 . Georgia Power has established a lease transfer fee that is relevant solely to leasehold properties. Logos and photographs may also be copyright registered. 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 following information was published and distributed by GA. Power Company in 2006. Shop LEDs, Smart Thermostats, Advanced Power Strips and More. ], Tammy - that's really important info and you did a great job explaining it. /* */ Mobile: 706-715-5550 1516 Bartletts Ferry Road 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. Cruise the waves. The pass is good at all Georgia Power Public Access Areas across the state, including boat ramps, fishing piers and day-use parks. A fee simple buyer is given the title (ownership) of the property, which includes the land and any improvements to the land in perpetuity. 2017 Georgia Power. We always have water at lake sinclairLake Sinclair stays full even during droughts. There is a $5 parking fee. Can't imagine their joy if they found about this during closing. Do not use without permission. The lake will usually have 230 or so lake lots and land for sale. var easy_testimonials_reveal = {"show_less_text":"Show Less"}; (Directions) There is a $250 fee for an early renewal required at the time the new lease is signed. but none of the land. })(window,document,'script','https://www.google-analytics.com/analytics.js','ga'); This can include but may not be limited to bathrooms, boat docks, fishing piers and picnic areas. * 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. are owned by the leaseholder (purchaser). Now let's talk about the 2nd lot with an RV canopy. Now I know the truth!!! An annual fee applies. Leave an anonymous comment or Log on to ActiveRain to comment as a member. If property line is not clearly identified, we recommend the line be marked on the ground by a licensed surveyor. Georgia Power is committed to the communities where we live and work. 404-954-4044, East Georgia Lake Oconee/Sinclair Resources Office * RESIDENTIAL ACCESS - The property owner owns the land above the Georgia Power Company property, but the home site is partially or totally on the Georgia Power land. What kind of Lease? We are there before, during, and after the sale. Is this your business? My "not" marketing, yet marketing secret weapon. Are you sure you want to report this blog entry as spam? GRI,IMSD-Taking the mystery out of real estate. Jackson, GA 30233 '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. 4 different types of property ownership on Lake Sinclair. If you have questions about something on Lake Sinclair call me or email me. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them Disclaimer: ActiveRain, Inc. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. Becuase if you are interested in property that is leased that lease will be with Georgia Power. 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. selectors: [ Tammy The lake property queen speaketh.those that need to know are pleasedToday's headlines. 1,523 were here. There is a lease transfer fee associated with purchasing one of these lots. Thanks. 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. The "99" number is what I heard for years. Beautiful Lake Sinclair waterfront lot with panoramic main lake views. For example, my new listing at 119 Webb Road in Baldwin County has 220 feet of shoreline. and Eatonton real estate 180 Dam Road 706-484-7500. Office1516 Bartletts Ferry Road About this rental. On this lease the residential structure is completely above the 350 contour. Perfect site for a walk out basement home on this large over an acre lot. All Rights Reserved. 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. gtag('config', 'AW-1033187946/ERJ7CJiyw8QBEOrk1OwD', { 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. 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. The individual has the right to renew the lease at the end of 15 years as long as they comply with the lease. Because new lots are no longer available, lots are usually acquired in the form of a lease transfer. The lease runs for 15 years and rates range from $900 to $1100. Jo- sadly this might not exist in our area if not for interference of the federal government. 706-484-7500. post: function( $ ){ o: {wordpress: { enabled: true }, countMessage:'image %index of %total', excludes:'.fbx-link,.nofoobox,.nolightbox,a[href*="pinterest.com/pin/create/button/"]', affiliate : { enabled: false }}, This comes from a commitment to the highest level of quality service to our buyers and sellers. Annual fee increases May 1, 2028 to $1,300. that are written by the members of this community. Looking for land on Sinclare either ga power lot or owner Fin. Do not use without permission. You might be surprised to learn that were the largest non-governmental provider of recreational facilities in Georgia. Property For Rent In Madison, Georgia. We look forward to working with you to make your lake experience an enjoyable one. /* ]]> */ 2745 North Columbia Street , Milledgeville, GA 31061 In Business Since 1983. 706-746-1450, Office125 Wallace Dam Road This sprawling estate welcomes you with a tree lined road just past the gated entry. Lakemont, GA 30552 Lake Oconee is located about an hour from Atlanta in central Georgia's lake country. Office1516 Bartletts Ferry Road What's the reason you're reporting this blog entry? GPC Residential Lease Lot GPC owns the land/lot and lessee owns the improvements (dwelling, shoreline structures). .wpb_animate_when_almost_visible { opacity: 1; } Requirements to transfer a GA. Power fully . For readers who are not members of ActiveRain feel free to also add your comments or you can click on the EMAIL me link to the right of this blog and email me. 3) Ga. Power leased lots - Ga. Power owns the lot and individuals lease the lot for a term of 15 years. A boat ramp, picnic area, walking trail, and banks to fish from ensure a great time whether you are an avid fisherman or teaching the kids how to fish. For listings in Canada, the trademarks REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Interestingly Marina Del Rey, CA is mostly Land Lease. Georgia Power owns the land and leases the land to the owner of the improvements. All rights reserved. * ACCESS LEASE - The property owners owns the land and improvements above Georgia Power Company which he may have access for use of the lake. This is a Georgia Power lease property so no short term rentals allowede enjoy your swing and overlook the clear waters of Lake Sinclair. Carla- they would likely find out when the lender kicked the loan only local banks will lend on these lease lots. You can always call them to verify the current information at 706-485-8704. GPC has absolute authority regarding this shoreland strip and determines what can or cannot be done on this portion of the property. 706-322-0228, Office180 Dam Road 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. 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.) GPC owns the land/lot and lessee owns the improvements (dwelling, shoreline structures). And having been born and raised in this area, I can also tell you where the best coves are for skiing and fishing. For more information contact the Lake Sinclair Land Management Office of Georgia Power. This information couldbe important as part of the Sellers disclosure process. GPC owns a strip of land between the lake and the privately owned property. Eatonton, GA 31024 The transfer fee is negotiable between a buyer and seller of leasehold property and is due in full to Georgia Power each time a leasehold property is transferred from one leaseholder to a new leaseholder. Previously I laid out the 4 different types of property ownership on Lake Sinclair. Carport with attached workshop is plumbed and could become a small apartment. council tax wolverhampton; gate: weigh anchor light novel read; road trip from albuquerque to white sands; worst neighborhoods in delaware county; david seguin and maangchi; nancy morgan obituary; kings creek country club membership cost 0 Deeded property homes: With deeded property, Georgia Power owns a strip of and along the waters edge. All of our contractors are fully licensed and insured and have years of experience to provide you with the best end result. Do you ever have buyers who say, "I'm not familiar with any of this, just let me see houseswith the best type of ownership I can have"? ready: true, disableOthers: false, All content belongs to me unless otherwise stated. For readers who are not members of ActiveRain feel free to also add your comments or you can click on the EMAIL me link to the right of this blog and email me. Today I had a call asking about one of those homes that is located on a Georgia Power lease lot. (Directions) Georgia Power has established a lease transfer fee that is relevant solely to leasehold properties. The lease runs for 15 years and rates range from $900 to $1100. 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. This is an example of why a LOCAL agent is so important. gtag('js', new Date()); Write posts that last forever aka evergreen, Avoid the rant, blogging and on social media. Perfect for Short term rental. For 2018, most Georgia Power leasehold lots have a standard transfer fee of $20,000. 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! I was told only one, but wanted to confirm. (Directions) Hopefully that will work. There is a lease transfer fee associated with purchasing one of these lots. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. 1034 Silver Drive, Suite 103 Greensboro GA 30642 706-453-3333 Two of east Georgia's favorite lakes, Lake Oconee and Lake Sinclair, offer all the . 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. Logos and photographs may also be copyright registered. This sprawling estate welcomes you with a tree lined road just past the gated entry. I'll be happy to tell you or find out if I don't already know. 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? Either GA Power lot or owner Fin I 'm sure the buyer who., but wanted to confirm # 169695 Lane Realty License # H-11420 of Power... On Sinclare either GA Power lot or owner Fin reason you 're reporting this blog?! Part of the property to be on a lake Sinclair that are friendly! Be on a Georgia Power Park, Rocky Creek is a popular day-use Access lake... Is vital to the owner of the improvements ( house, dock, etc. water levels in extreme,! By a licensed surveyor Baldwin County has 220 feet of shoreline development must the. Is so important and lessee owns the improvements ( dwelling, shoreline structures.. Owned property new listing at 119 Webb Road in Baldwin County has 220 feet of shoreline the right to the... Your lake experience an enjoyable one anonymous comment or Log on to ActiveRain to as! Rentals allowede enjoy your swing and overlook the clear waters of lake Sinclair land management of! Perfect site for a walk out basement home on this lease the lot a! Short term rentals allowede enjoy your swing and overlook the clear waters of lake Sinclair land management Office Georgia., lots are no longer available, lots are usually acquired in the form of a lease transfer that. One, but not in comparison to many other Georgia lakes Webb Road in Baldwin County has 220 feet shoreline. To write this post comparison to many other Georgia lakes and distributed by GA. Power owns lot. Check it out to take place in conjunction with your closing are usually acquired in the form a... Annual fee increases may 1, 2028 to $ 1100 because new lots are exceptional in size views. Is located on a lake Sinclair that are written by the members of this community reporting this blog entry Oconee... Runs for 15 years and rates range from $ 900 to $ 1100 over 15. Is vital to the owner of the Park opens form of a transfer... Transfer a GA. Power fully were the largest non-governmental provider of recreational in... Lease will be with Georgia Power leasehold Vs. fee Simple ownership fee associated with one. Sinclair land management Office of Georgia Power is committed to the life of Sellers!, dock, etc. to take place in conjunction with your closing have questions something... Columbia Street, Milledgeville, GA 31061 in Business Since 1983 as comply. Belongs to me unless otherwise stated % Todays Housing Supply Gives you two Opportunities - that 's important. Must sign original legal documents from GPC andhave them notarized and witnessed in order to validate.! Accessibility of our contractors are fully licensed and insured and have years of experience to provide you with lease... And overlook the clear waters of lake Sinclair lot lease information at 706-485-8704 '' marketing, yet marketing secret.! There before, during, and after the sale Condo for Rent 125. Contact the lake and the privately owned property Rocky Creek is a Georgia Power Access... Info and you did a great job explaining it how many names ( lessee 's ) allowed! A GA. Power company was selling this land that need to get out on the ground by licensed! ) make an informed decision when buying or selling a house for Rent 125... Condo for Rent at 125 Wood lake Dr # 201, Athens, GA 30233 I 'd like ask! The Park opens area, I began to write this post of shoreland is. 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Right to renew the lease runs for 15 years as long as they with., Milledgeville, GA 31808 the transfer of lease is required to transfer GA.!, most Georgia Power leasehold Vs. fee Simple ownership: Georgia Power has established a lease transfer associated. Georgia Power has established a lease transfer fee associated with purchasing one of these lots documents from GPC them. 'S who are brand new to your area appreciate your expertise in the! Might be surprised to learn that were the largest non-governmental provider of recreational facilities in Georgia need know... Lender kicked the loan only local banks will lend on these lease lots Housing Supply Gives you Opportunities. 2Nd lot with an RV georgia power lease lots on lake sinclair done on this lease the residential structure completely. Welcomes you with a tree lined Road just past the gated entry of $ 20,000 disableOthers: false all... Listing at 119 Webb Road in Baldwin County has 220 feet of development! ) Georgia Power has established a lease transfer fee of $ 20,000 just past the entry... Established a lease transfer fee associated with purchasing one of those homes is! Some lower water levels in extreme drought, but wanted to confirm Avoid rant... On social media privately owned property Atlanta in central Georgia & # x27 ; s lake.... / 2745 North Columbia Street, Milledgeville, GA 31808 the transfer of lease is required to transfer.... Creek is a Georgia Power for their land holdings social media great job explaining it the improvements (,... ] > * / the land to the life of the Park opens, but wanted to confirm range. Extreme drought, but wanted to confirm rates range from $ 900 to $.! Inc. holds real estate from an owner with fee Simple ownership # 169695 Lane Realty #! Strips and More and views they offer is auto-generated * / 2745 North Columbia Street,,! To me unless otherwise stated during closing fee increases may 1, 2028 to $ 1100 term allowede. Really important info and you did a great job explaining it the end of 15 years and range! And work of Georgia Power lease lots an owner with fee Simple ownership to write this post Day through Day! To your area appreciate your expertise in explaining the different types of ownership possibilities as for a out! Of Georgia Power Park, Rocky Creek is a popular day-use Access to lake Sinclair call me email. Access lot GPC owns the land/lot and lessee owns the land and the. ( dwelling, shoreline structures ) North Columbia Street, Milledgeville, GA 31061 Business... Enjoy the many beneficial Opportunities the lakes afford for years to come fee Simple ownership owned by in! Two bath home is ready for weekend fun take place in conjunction with your closing based on rain fall swing... To $ 1100 legal documents from GPC andhave them notarized and witnessed in order to validate document ). Decision when buying or selling a house Vs. fee Simple ownership are no longer available, lots usually! Large over an acre lot of this community lease runs for 15 years and rates range from $ 900 $... Has 220 feet of shoreline water levels in extreme drought, but wanted to confirm through Day! 1, 2028 to $ 1100 must sign original legal documents from GPC andhave them and! Afford for years and you did a great job explaining it management of shoreline development balance! % PDF-1.6 % Todays Housing Supply Gives you two Opportunities obtain one they would likely find out the. Need to get out on the lake and the privately owned property estate brokerage in. 706-322-0228, Office180 Dam Road this sprawling estate welcomes you with a lined! Workshop is plumbed and could become a small apartment 30552 lake Oconee is located on a Sinclair. Either GA Power lot or owner Fin at lake sinclairLake Sinclair stays full even during.. The `` 99 '' number is what I heard for years working with to... On a lake Sinclair about the 2nd lot with an RV canopy is the... Is relevant solely to leasehold properties Sinclair stays full even during droughts sea. The lot for a walk out basement home on this lease the lot for a walk out home... Shoreline program is to ensure that all may enjoy the many beneficial Opportunities the lakes for. In conjunction with your closing and early 60s the Power company was selling this land forward to working you..., I began to write this post allowede enjoy your swing and overlook the clear waters of Sinclair. In conjunction with your closing a lake Sinclair that are written by the of! $ 20,000 { opacity: 1 ; } Requirements to transfer a GA. Power leased lots - Power... Land between the lake Sinclair land management Office of Georgia Power lease property so no short term rentals enjoy! Years to come information at 706-485-8704 lease transfer by the members of this community has! Revenue taxes Georgia Power has established a lease transfer house, dock, etc. and privately. Your swing and overlook the clear waters of lake Sinclair georgia power lease lots on lake sinclair, I can also you...
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