(Georgia Power Lease Lot) - Alan Haley | Lakeside Realty Company. Rodney- Georgia power leases are all only 15 years. ".gallery", ".wp-block-gallery", ".wp-caption", ".wp-block-image", "a:has(img[class*=wp-image-])", ".foobox" We always have water at lake sinclairLake Sinclair stays full even during droughts. And you just might find your question on my blog in the future. Do not use without permission. Meet our leadership team, learn how we create a culture of diversity and inclusion and find data on our companys performance. 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.) Lake Sinclair boasts over 500 miles of . * 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. Highly experienced Management and Sales staff. Today I had a call asking about one of those homes that is located on a Georgia Power lease lot. I'm sure the buyer's who are brand new to your area appreciate your expertise in explaining the different types of ownership possibilities. Please do not use without my express written permission. License agreements are free and simply give us the necessary control of issues as aesthetics and the environment. Hi Tammy, you truly sound like the expert in this bit of localism for your area. 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. And having been born and raised in this area, I can also tell you where the best coves are for skiing and fishing. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. So they really should work with someone who knows the ins and outs of what the lease can mean. Write posts that last forever aka evergreen, Avoid the rant, blogging and on social media. Save your search and be the first to know. Lot has been cleared and has a temporary power pole in place. To help you determine the value of leased lot properties, below are some links to listings in Georgia Power Lease Areas: Georgia Power Area 2 . Lake Oconee is located about an hour from Atlanta in central Georgia's lake country. (function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ Tammy what great information, many buyers are not familiar with. ga('create', 'UA-99921541-1', 'auto'); 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. While visiting Lake Sinclair, minutes from downtown Milledgeville, there is so much more you must plan to do. Depending on where you are from, you may not be familiar with any other form of real estate ownership. Learn how we are A Citizen Wherever We Serve plus tips to prevent fraud and stay safe around water or electricity. 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. This file is auto-generated */ An annual fee applies. 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. My "not" marketing, yet marketing secret weapon. 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. If you wish to report an issue or seek an accommodation, please let us 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? Because new lots are no longer available, lots are usually acquired in the form of a lease transfer. Green County Building & Zoning. Write posts that last forever aka evergreen, Avoid the rant, blogging and on social media. . About this rental. We are there before, during, and after the sale. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. The transfer of lease is required to take place in conjunction with your closing. Over the last 11 years The Lake Team has been involved in over $270,000,000 in sales on There is a $5 parking fee. 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. Access lots contain a portion of shoreland which is owned by GPC in fee. She who controls the land ultimately wins. Access leases run for 15 years with a current rate of $100 per year. Georgia's mild climates make it a perfect place to visit any time of year. 1.72 acres in total. Make 2022 your most efficient year yet. and Eatonton real estate Find GA real estate agents 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. [CDATA[ */ Our proprietary database allows us to track current and historic trends such as values, marketing times, and inventory. 1034 Silver Drive, Suite 103 Greensboro GA 30642 706-453-3333 706-322-0228, Office180 Dam Road 404-954-4044, East Georgia Lake Oconee/Sinclair Resources Office 2745 North Columbia Street , Milledgeville, GA 31061 In Business Since 1983. 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. Buyers need to work with someone that knows how it all works. var FOOBOX = window.FOOBOX = { (Directions) The standard answer that we provide to our clients is the following handout. 125 Wallace Dam Road We only have one subdivision that I know of where that applies, but it still confuses many. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. 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 No one can legally take real estate from an owner with fee simple title with few exceptions including eminent domain. Interestingly Marina Del Rey, CA is mostly Land Lease. ActiveRain, Inc. takes no responsibility for the content in these profiles, I like to have as much information available on line as I can. 4 Seed Lake Road ga('send', 'pageview'); $200,000 USD: Beautiful Lake Sinclair waterfront lot with panoramic main lake views. Logos and photographs may also be copyright registered. Lease rates are the same as for a full lease, ranging from $900 to $1100 over a 15 year period. Two of east Georgia's favorite lakes, Lake Oconee and Lake Sinclair, offer all the . An Access Lease or Access-Residential Lease with GPC is required on these type properties and an annual fee applies. 706-322-0228, Office180 Dam Road Daily lake levels may fluctuate because of varying amounts of rainfall and the volume of water that passes through the dam for electricity generation. There is a lease transfer fee associated with purchasing one of these lots. var cfflinkhashtags = "false"; 'phone_conversion_number': '706-212-0228' It's shadier, the forested coves calmer and more waterfront campsites are available. 184 Sinclair Circle, Eatonton, GA 31024 . 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 . You will get some lower water levels in extreme drought, but not in comparison to many other Georgia lakes. Lake lot leases are currently fifteen year leases with rates established by Georgia Power Company. There are typically 190 lake homes for sale on Lake Sinclair at any given time. Zillow (Canada), Inc. holds real estate brokerage licenses in multiple provinces. 442-H New York Standard Operating Procedures New York Fair Housing NoticeTREC: Information about brokerage services, Consumer protection noticeCalifornia DRE #1522444Contact Zillow, Inc. Please complete the appropriate Realtor Form below and submit it to the email address indicated within the form. Please allow three to four weeks for lease transfer. Your email address will not be published. How can I reserve a campsite or a pavilion at a Georgia Power park? This 3-bedroom, 2-bathroom vacation rental has everything you'll need to simply sit back, relax, and enjoy a day on the lake. Do not use without permission. I don't sell properties with this type of set up but in another area in Washington there are leases of some tribal lands. Access your secure online account 24/7, explore money-saving products, compare rate plans and find rebates and incentives. Southern Company. !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

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