that are written by the members of this community. Spend the day with the wind rushing through your hair, jumping in the cooler, deeper water and a friendly game of tossing your family . Please advise. 404-954-4044, East Georgia Lake Oconee/Sinclair Resources Office Fortson, GA 31808 Two water front lots on Lake Sinclair that are VRBO friendly due to not being Georgia Power lease lots. 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. This is a great explanation.. and it is important for buyers to know the difference and what the pros and cons may be so they can make an informed decision. Rip Rap seawall with over 130 feet of water frontage. Perfect site for a walk out basement home on this large over an acre lot. Disclaimer: ActiveRain, Inc. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. Are you sure you want to report this blog entry as spam? /* ]]> */ * ACCESS LEASE -The property owners owns the land and improvements above Georgia Power Company which he may have access for use of the lake. All rights reserved. Access your secure online account 24/7, explore money-saving products, compare rate plans and find rebates and incentives. [CDATA[ */ 706-746-1450, Office125 Wallace Dam Road A new as-built survey may be required to transfer lease. We are proud of our reputation with both sellers and buyers and would be happy to provide recent references. A new as-built survey may be required at time of transfer. Manage your commercial account, access billing and payments, find commercial rebates and savings specific to your industry. This browser is no longer supported. Georgia Power campgrounds on Lake Oconee all have essentially the same setup, but Old Salem (1530 Old Salem Road, Greensboro; 706-467-2850) gets extra points for its setting. The land between 350 feet above sea level and the shore line of Lake Sinclair, which is 340 feet above sea level belongs to Georgia Power and you pay a lease fee. Office1516 Bartletts Ferry Road 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? 706-484-7500. Georgia Power does own some of the land and lease it. Call 1-855-607-6462 or visit our reservations website to obtain one. Access leases run for 15 years with a current rate of $100 per year. . This 3-bedroom, 2-bathroom vacation rental has everything you'll need to simply sit back, relax, and enjoy a day on the lake. MLS ID #20093742, SINCLAIR RESERVE REALTY LLC, Owner Financing Homes In Eatonton Homes for Sale, Cuscowilla golf membership homes in Eatonton, Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. 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. gtag('js', new Date()); 706-746-1450, Central Georgia Lake Jackson Resources Office (Directions) Tammy what great information, many buyers are not familiar with. An annual fee applies. If you wish to report an issue or seek an accommodation, please let us know. 706-746-1450, Office125 Wallace Dam Road A strip lease lot has two separate types of ownership on the same lot. My "not" marketing, yet marketing secret weapon. 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. Today I had a call asking about one of those homes that is located on a Georgia Power lease lot. Joan- some of those lease lots are exceptional in size and views they offer. My "not" marketing, yet marketing secret weapon. What's the reason you're reporting this blog entry? Lease payments are made to Georgia Power annually. Real Estate Broker/Owner with Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 GREC# 169695, Broker GA Lake Sinclair/Eatonton/Milledgeville, 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, HyperLocal Neighborhood and Community Posts. request. So many of the Condominiums Owners pay a Land Lease. Are you sure you want to report this blog entry as spam? And having been born and raised in this area, I can also tell you where the best coves are for skiing and fishing. I'm sure the buyer's who are brand new to your area appreciate your expertise in explaining the different types of ownership possibilities. Jackson, GA 30233 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 Contact appropriate GPC lake office to begin early renewal process. The transfer of lease is required to take place in conjunction with your closing. Please complete the appropriate Realtor Form below and submit it to the email address indicated within the form. ActiveRain, Inc. takes no responsibility for the content in these profiles, MLS ID #10093710, KELLER WILLIAMS LAKE OCONEE $199,000 3 bds 2 ba 1,624 sqft - Home for sale Price cut: $9,050 (Jan 16) 209 Pine Knoll Ln, Eatonton, GA 31024 MLS ID #20049327, SOUTH CENTRAL REALTY $300,000 3 bds 2 ba 2,044 sqft - House for sale 257 days on Zillow 336 Cold Branch Rd, Eatonton, GA 31024 EXP REALTY ASSOCIATES, LLC $585,000 3 bds 3 ba Broker License # 169695 Lane Realty License # H-11420. This leads to stable water levels year-round, even in the case of drought. Back in late 50s and early 60s the power company was selling this land. var cffsiteurl = "https://thelaketeam.wpenginepowered.com/wp-content/plugins"; There is an access lease of 15 years with a lease fee of $100 . The lease runs for 15 years and rates range from $900 to $1100. I'd like to ask someone I know is using the same one to check it out. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them This permit requirement applies to Georgia Power leases and deeded properties. 706-322-0228. 400+ miles of shoreline and over 15,000 acres of surface area. Since the lease is for 15 years, if you are seeking a mortgage, it will probably be limited to a 15 year term. View this data to determine the current lake level based on rain fall. While visiting Lake Sinclair, minutes from downtown Milledgeville, there is so much more you must plan to do. Located in sought after Waters Edge section of Holiday Shores. Lake elevations are always subject to change, depending on river conditions. How can I reserve a campsite or a pavilion at a Georgia Power park? The property is currently available for sale at a price of $200,000. An annual fee applies. This is an example of why a LOCAL agent is so important. There is a lease transfer fee associated with purchasing one of these lots. Carla- they would likely find out when the lender kicked the loan only local banks will lend on these lease lots. Are you sure you want to report this blog entry as spam? make an informed decision when buying or selling a house. New homes are getting added all the time. 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.) North GeorgiaLake Resources Office Don't pass on this opportunity to own a Lake Sinclair home. 4 Seed Lake Road The transfer of lease is required to take place in conjunction with your closing. (function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ 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. (Directions) Here in Manhattan we have something called a Land lease which is similar to what you have in Lake Sinclair. 706-746-1450, Office125 Wallace Dam Road License agreements are free and simply give us the necessary control of issues as aesthetics and the environment. (a.addEventListener("DOMContentLoaded",n,!1),e.addEventListener("load",n,!1)):(e.attachEvent("onload",n),a.attachEvent("onreadystatechange",function(){"complete"===a.readyState&&t.readyCallback()})),(e=t.source||{}).concatemoji?c(e.concatemoji):e.wpemoji&&e.twemoji&&(c(e.twemoji),c(e.wpemoji)))}(window,document,window._wpemojiSettings); We only have one subdivision that I know of where that applies, but it still confuses many. 184 Sinclair Circle, Eatonton, GA 31024 . MLS ID #10121711, LAKE HOMES REALTY LLC $150,000 1.89 acres lot - Lot / Land for sale 43 days on Zillow Loading. are owned by the leaseholder (purchaser). (Directions) Our goal for the shoreline program is to ensure that all may enjoy the many beneficial opportunities the lakes afford for years to come. I like to have as much information available on line as I can. Georgia Power owns the land and leases the land to the owner of the improvements. Richard- myth all GA power leases are 15 years. 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). 3) Ga. Power leased lots - Ga. Power owns the lot and individuals lease the lot for a term of 15 years. Some of those lease lots have homes for sale. 2017 Georgia Power. License agreements are free and simply give us the necessary control of issues as aesthetics and the environment. 706-322-0228, Office180 Dam Road The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. Now I know the truth!!! Becuase if you are interested in property that is leased that lease will be with Georgia Power. Sinclair Lake has the distinguished honor of not only being one of the best lakes in Georgia (see more of our top picks above), but also the clearest lake in Georgia. 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! Georgia; Lake Sinclair; Enjoy Lake Living with Open Lake Views $399,000. Georgia Power owns both Lake Oconee and Lake Sinclair, and water levels are controlled by the Wallace Dam. You will get some lower water levels in extreme drought, but not in comparison to many other Georgia lakes. 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. Carport with attached workshop is plumbed and could become a small apartment. Logos and photographs may also be copyright registered. 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. 'phone_conversion_number': '706-212-0228' Two water front lots on Lake Sinclair that are VRBO friendly due to not being Georgia Power lease lots. This information couldbe important as part of the Sellers disclosure process. Email: laketeam@icloud.com. Rates change from year to year, but below are the 2011 rates. The dock has space for three boats to tie up, so bring all of your friends. The tool calculates the real-time peaking schedule of our hydro units and additionally pulls the real-time lake elevation. 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. Office1516 Bartletts Ferry Road The GPC shoreline management representative for your county/lake will complete a pre-transfer inspection to confirm what, if any, compliance issues exist. Zillow, Inc. holds real estate brokerage licenses in multiple states. An annual fee applies. Write posts that last forever aka evergreen, Avoid the rant, blogging and on social media. 30606, GA . Looking for land on Sinclare either ga power lot or owner Fin. Provide recent references find out when the lender kicked the loan only LOCAL banks will on. Also tell you where the best coves are for skiing and fishing aesthetics and the.! Information couldbe important as part of the improvements aesthetics and the environment sought... Have as much information available on line as I can minutes from Milledgeville. Some of the sellers disclosure process have homes for sale a strip lease lot to... Are controlled by the members of this community attached workshop is plumbed and could a... Lots - Ga. 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