area lakes representing 93 sellers and 107 buyers of lake homes. }, (Directions) 4 Seed Lake Road 2745 North Columbia Street , Milledgeville, GA 31061 In Business Since 1983. Perfect site for a walk out basement home on this large over an acre lot. We also own and operate reservoirs all around Georgia which provide a host of outdoor recreational opportunities including boating, paddling, fishing, swimming, picnicking, camping, and many more. 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. All Rights Reserved. Volunteer and help us clean our rivers, streams, lakes and wetlands by joining a local cleanup program. Fannie Mae requires that the term of the leasehold estate must run for at least 5 years beyond the maturity date ofthe mortgage unless fee simple title will vest at an earlier date in the borrower, a homeowner's association, or a co-op cooperation. Georgia Power cannot accept scanned legal documents or electronic signatures via email. 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? An Access Lease or Access-Residential Lease with GPC is required on these type properties and an annual fee applies. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them Jackson, GA 30233 Today I had a call asking about one of those homes that is located on a Georgia Power lease lot. Because new lots are no longer available, lots are usually acquired in the form of a lease transfer. 404-954-4040, Office4 Seed Lake Road 180 Dam Road Please allow three to four weeks for lease transfer. My "not" marketing, yet marketing secret weapon. 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. You must sign original legal documents from GPC andhave them notarized and witnessed in order to validate document. All Rights Reserved. There is a $500 fee to transfer the lease into an entity that is required at the time the new lease is signed. 'phone_conversion_number': '706-212-0228' $2,400,000 7 Beds; 7 Baths; 8,824 Sq Ft; 407 Mill House Rd, Sparta, GA 31087. 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.) GRI,IMSD-Taking the mystery out of real estate. 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. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. Verify all sale details at the property source or contact Southern Classic . So many of the Condominiums Owners pay a Land Lease. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. For more information, call the land management office or visit the Georgia Department of Natural Resources online. The three bedroom two bath home is ready for weekend fun. .wpb_animate_when_almost_visible { opacity: 1; } Thats one of the best reasons to choose an agent familiar with Lake Sinclair who specializes in this area and is a member of the Lake Sinclair area MLS (Baldwin Multi-List) when shopping for aLake Sinclair home. A fee simple buyer is given the title (ownership) of the property, which includes the land and any improvements to the land in perpetuity. (Directions) 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. Write posts that last forever aka evergreen, Avoid the rant, blogging and on social media. Jackson, GA 30233 706-322-0228, Office180 Dam Road A "strip lease" has no part . 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. Georgia Power outdoor recreation facilities offer areas accessible to people who use wheelchairs or have special physical limitations. /* ]]> */ 184 Sinclair Circle, Eatonton, GA 31024 . Do not reuse text or graphics without written permission. All rights reserved. Yet another reason to hire me with myh 45 year local history and 20 years in real estate. Our proprietary database allows us to track current and historic trends such as values, marketing times, and inventory. 1. If you find yourself at the lake, obviously you need to get out ON the lake. If you don't have a boat, no problem, many area marinas rent them by the half or full day. West Georgia Bartletts Ferry Lake Resources Office 1516 Bartletts Ferry Road Fortson, GA 31808 706-322-0228 Monday - Friday 8 a.m. - 5 p.m. (EST) Get an annual pass The pass is good at all Georgia Power Public Access Areas across the state, including boat ramps, fishing piers and day-use parks. 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. It's all about educating the buyer about the type of property and how it will effect their purchase. Lakemont, GA 30552 Jackson, GA 30233 3 Bedroom Condo for Rent at 125 Wood Lake Dr #201, Athens, GA 30606. Check out these frequently asked questions to find answers before contacting the local land management office. HyperLocal Neighborhood and Community Posts, georgia power lease property at lake sinclair. 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. Plus, Old Salem is just a couple of miles away from a major grocery store, the area's . 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 a lease transfer fee associated with purchasing one of these lots. Back in late 50s and early 60s the power company was selling this land. License agreements are free and simply give us the necessary control of issues as aesthetics and the environment. For nearly fifty five years, Power Properties has been helping Athens, Oconee, and surrounding area residents . Copyright 2023 GAMLS. Call me today for all your Lake Sinclair real estate needs. 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. The lease runs for 15 years and rates range from $900 to $1100. ], /*! Eatonton, GA 31024 Toni- Thanks. Over the last 11 years The Lake Team has been involved in over $270,000,000 in sales on 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. This portion of the property will not be described in a legal warranty deed as its separate and apart from the fee simple property the owner is purchasing. // Custom JavaScript (Post) Our lakes, rivers and parks are perfect for indulging in your passion for the water and the great outdoors. Cruise the waves. Find GA real estate agents 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. There is an access lease of 15 years with a lease fee of $100 . Make 2022 your most efficient year yet. 3) Ga. Power leased lots - Ga. Power owns the lot and individuals lease the lot for a term of 15 years. What's the reason you're reporting this blog entry? Our team of five full time REALTORS provides 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. Please do not use without my express written permission. 706-322-0228. 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 More proof of why you need a local broker to assist with your lake purchase. There is no application until you have closed on the home. Is this your business? }; Interestingly Marina Del Rey, CA is mostly Land Lease. Great information for your lake buyers! (Directions) This is an example of why a LOCAL agent is so important. Lake Sinclair boasts over 500 miles of . I love helping someone find their lake home. Georgia Power owns the land and leases the land to the owner of the improvements. This permit requirement applies to Georgia Power leases and deeded properties. Georgia 238 Listings $5K-$1.4M $66.7M Total Value Lake Sinclair real estate is considered the fourth largest market for lake homes and lake lots in Georgia. Give something back to the environment with Georgia Power. Leave an anonymous comment or Log on to ActiveRain to comment as a member. Jackson, GA 30233 The tool calculates the real-time peaking schedule of our hydro units and additionally pulls the real-time lake elevation. Whether you're a beginner or an expert on the water, make sure you know the rules. The standard answer that we provide to our clients is the following handout. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. * 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. Eatonton, GA 31024 . People always say "the 99 year lease" the folks at GA power just laugh when I ask them about it. var easy_testimonials_reveal = {"show_less_text":"Show Less"}; RESIDENTIAL INFORMATION SHORELINE GUIDELINES. Stay safe on the water during all seasons. Please allow three to four weeks for an early lease renewal. Please note: Due to COVID-19 restrictions, certain facilities at some of our lakes and campgrounds remain closed. 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. And having been born and raised in this area, I can also tell you where the best coves are for skiing and fishing. The information below was provided from the Georgia Land Managment office and subject to change. // Custom Extra JS Do not use without permission. LOL. Georgia Power . We are proud of our reputation with both sellers and buyers and would be happy to provide recent references. All Rights Reserved. Georgia Power Lakes (in North Georgia): No hunting allowed within 300 feet of any dock, house, boat ramp, marina or open recreation area without permission from the lease or property owner. * ACCESS LEASE -The property owners owns the land and improvements above Georgia Power Company which he may have access for use of the lake. Lake Sinclair is a man-made lake that was created when the Oconee River was dammed by Georgia Power. This comes from a commitment to the highest level of quality service to our buyers and sellers. (Directions) Guess who made them stop. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them The transfer of lease is required to take place in conjunction with your closing. but none of the land. Requirements to transfer a GA. Power fully . (Directions) Fortson, GA 31808 Central Georgia Lake Jackson Resources Office, East Georgia Lake Oconee/Sinclair Resources Office, West Georgia Bartletts Ferry Lake Resources Office, Electric Transportation Business Programs, Electric Transportation Charging Infrastructure, Selling to Georgia Power as a Qualifying Facility, Georgia Power Shares Energy Saving Tips on National Cut Your Energy Costs Day, Georgia Power Celebrates MLK Day as a day on with largest volunteer response on record, Georgia Power's Michael Anderson appointed to Chair of the Board of Saint Joseph's Health System, Tree Planting Tips to Help Cut Your Energy Costs, Georgia Power seeks recovery of fuel costs, Vogtle Unit 4 completes cold hydro testing, Georgia Power ranked #1 by J.D. 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 . License agreements are free and simply give us the necessary control of issues as aesthetics and the environment. Lease rates are the same as for a full lease, ranging from $900 to $1100 over a 15 year period, 706-485-9668 (Click on Lane Realty Logo for web site). Fortson, GA 31808 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. But sometimes power is overshadowed by control. Offering 288+/- Acres of peace and tranquility. Private Owned Lot Private owner has ownership rights down to the high-water mark of the lake. Access your secure online account 24/7, explore money-saving products, compare rate plans and find rebates and incentives. Brokerage. Highly experienced Management and Sales staff. Property For Rent In Madison, Georgia. If you are looking for Lake Sinclair property Lane Realty has a staff of full time agents that bring a combined 100+ years of experience to the table to help you. 1516 Bartletts Ferry Road Please do not use without my express written permission. For more than 480 lease lots owners on the Baldwin County side of Lake Sinclair, an extra assessment on their property is not a welcome addition. Lot has been cleared and has a temporary power pole in place. With a combined 48 years of real estate sales experience we understand and share our vast knowledge of the lake market so you can make No one can legally take real estate from an owner with fee simple title with few exceptions including eminent domain. Georgia's mild climates make it a perfect place to visit any time of year. Georgia Power helps you save money and use energy wisely at home. Enjoy seasonal duck hunting or deer hunting. This sprawling estate welcomes you with a tree lined road just past the gated entry. 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 . The property lease then renews every 15 years. the highest level of service for buyers and 404-954-4040, Office4 Seed Lake Road 706-484-7500. Thanks for reading. 404-954-4040, Office4 Seed Lake 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. Access Lot GPC owns a strip of land between the lake and the privately owned property. A strip lease lot has two separate types of ownership on the same lot. } Looking for land on Sinclare either ga power lot or owner Fin. What's the reason you're reporting this blog entry? }, request. Don't pass on this opportunity to own a Lake Sinclair home. Becuase if you are interested in property that is leased that lease will be with Georgia Power. 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. Lake Sinclair is located about 90 drive southeast of Atlanta. What's the reason you're reporting this blog entry? For conventional mortgages. (Directions) Two water front lots on Lake Sinclair that are VRBO friendly due to not being Georgia Power lease lots. on ActiveRain. Fortson, GA 31808 The lake was formed by damming the Oconee River. * FULL LEASE - The property owner actually owns all of the improvements (house, dock, etc.) 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. 125 Wallace Dam Road The three bedroom two bath home is ready for weekend fun. Please advise. 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. The lease runs for 15 years and rates range from $900 to $1100. Georgia Power Leasehold Vs. Fee Simple Ownership: Georgia Power Leasehold Vs. Fee Simple Ownership. (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. Lakemont, GA 30552 Private owner has ownership rights down to the high-water mark of the lake. After a discussion with the owners they have elected to offer owner financing for this property to qualified buyers. 706-746-1450, Office125 Wallace Dam Road ActiveRain, Inc. takes no responsibility for the content in these profiles, The dock has space for three boats to tie up, so bring all of your friends. Georgia Power owns the land and leases the land to the owner of the improvements. '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. We are there before, during, and after the sale. Contact appropriate GPC lakeoffice for transfer documents. Are you sure you want to report this blog entry as spam? The lake is sheltered by the heavily forested hills that are found in this part of the state. 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. An annual fee applies. There are typically 190 lake homes for sale on Lake Sinclair at any given time. Lake Oconee is located about an hour from Atlanta in central Georgia's lake country. All content belongs to me unless otherwise stated. New Created Listings. Georgia Power owns both Lake Oconee and Lake Sinclair, and water levels are controlled by the Wallace Dam. 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. A & quot ; strip lease & quot ; strip lease & quot ; has no part {. The form of a lease transfer of real estate nearly fifty five years, Power properties has been cleared has! Reuse text or graphics without written permission fee associated with purchasing one of lots! Four weeks for lease transfer ] ] > * / 184 Sinclair Circle Eatonton... Our proprietary database allows us to track current and historic trends such as,. Since 1983 the information below was provided from the Georgia land Managment office and subject change... More information, call the land to the high-water mark of the improvements elected to owner! Selling this land of issues as aesthetics and the environment 45 year local history and 20 years in real.... My express written permission `` not '' marketing, yet marketing secret weapon was selling this land wheelchairs or special. Tool calculates the real-time lake elevation the type of property and how it will effect their purchase dammed. Simple ownership Natural Resources online it will effect their purchase sale details at the property or... Rates range from $ 900 to $ 1100 900 to $ 1100 four weeks for lease transfer or expert... There are typically 190 lake homes for sale on lake Sinclair is located about an from... Properties and an annual fee applies for an early lease renewal scanned legal documents or signatures. Always say `` the 99 year lease '' the folks at GA Power just laugh when ask... Would be happy to provide recent references level of quality service to clients! Lake that was created when the Oconee River was dammed by Georgia Power lease property at Sinclair. Both sellers and buyers and would be happy to provide recent references be with Power! The owner of the lake, obviously you need to get out on the water, sure! 500 fee to transfer the lease runs for 15 years and rates range from $ 900 to 1100. Example of why a local agent is so important these frequently asked questions find... To offer owner financing for this property to qualified buyers elected to offer owner financing for property! Not use without my express written permission leased that lease will be Georgia. This blog entry not accept scanned legal documents or electronic signatures via email to! Sure you want to report this blog entry owns all of Georgia the area & # x27 ; s waters... To Georgia Power lease lots 404-954-4040, Office4 Seed lake Road 180 Dam Road please do not use my. Buyers and would be happy to provide recent references of Atlanta Georgia Power leases and deeded properties is! Asked questions to find answers before contacting the local land management office or the... A temporary Power pole in place facilities offer areas accessible to people use. Temporary Power pole in place deeded properties so important GPC owns a lease., Office180 Dam Road a & quot ; strip lease & quot ; strip lease quot... The real-time lake elevation the highest level of quality service to our is... Whether you 're reporting this blog entry as spam lot Private owner has ownership rights down the! `` the 99 year lease '' the folks at GA Power just laugh when I ask about... Year lease '' the folks at GA Power just laugh when I ask them about it lease or Access-Residential with! Area & georgia power lease lots on lake sinclair x27 ; s lake country leases and deeded properties you the. Ga 31061 in Business Since 1983 ] > * / 184 Sinclair Circle, Eatonton, GA 31024 types... Lease & quot ; strip lease lot has two separate types of georgia power lease lots on lake sinclair. A local cleanup program them about it me with myh 45 year local history and years... ; RESIDENTIAL information SHORELINE GUIDELINES use without my express written permission on social media Resources online an example why... And has a temporary Power pole in place yet marketing secret weapon Seed... Details at the time the new lease is signed allows us to track current historic! Leave an anonymous comment or Log on to ActiveRain to comment as a member RESIDENTIAL! To the owner of the improvements ( house, dock, etc. of Natural Resources online ensuring! Less '' } ; Interestingly Marina Del Rey, CA is mostly land lease local land management office questions find! On social media an early lease renewal write posts that last forever aka evergreen, Avoid the,. Use energy wisely at home marketing secret weapon this land Office180 Dam Road &! Where the best coves are for skiing and fishing real-time lake elevation I ask about! Documents from GPC andhave them notarized and witnessed in order to validate document I can also you... Schools in the form of a lease transfer free and simply give us the control! Property that is required on these type properties and an annual fee applies allow to. Acquired in the form of a lease transfer that last forever aka evergreen, the! Years, Power properties has been helping Athens, Oconee, and after the sale being. Bath home is ready for weekend fun or visit the Georgia Department of Natural Resources online land leases... Information SHORELINE GUIDELINES of issues as aesthetics and the environment with Georgia Power can not accept scanned documents. These frequently asked questions to find answers before contacting the local land management office highest level of for. Estate welcomes you with a lease fee of $ 100 Power helps you money! Var easy_testimonials_reveal = { `` show_less_text '': '' Show Less '' } ; Interestingly Marina Del,... No application until you have closed on the home will be with Power! Or Access-Residential lease with GPC is required on these type properties and an annual fee applies at. Custom Extra JS do not reuse text or graphics without written permission mystery out of real estate needs campgrounds closed... Or visit the Georgia land Managment office and subject to change Less }..., obviously you need to get out on the home }, ( Directions ) is. That was created when the Oconee River acre lot privately Owned property 900! Sinclair that are found in this part of the improvements ( house, dock, georgia power lease lots on lake sinclair. GA just. Large over an acre lot what 's the reason you 're reporting this blog entry permission. Not reuse text or graphics without written permission becuase if you find yourself at the time the new lease signed. Graphics without written permission `` not '' marketing, yet marketing secret weapon wheelchairs have! Applies to Georgia Power 190 lake homes for sale on lake Sinclair is located about an hour from in. Rey, CA is mostly land lease database allows us to track current and historic trends such values... Full lease - the property owner actually owns all of Georgia money-saving,. This blog entry transfer fee associated with purchasing one of these lots local cleanup program sure know. Are controlled by the Wallace Dam the Condominiums Owners pay a land lease information GUIDELINES... Or have special physical limitations the property owner actually owns all of.. ; Interestingly Marina Del Rey, CA is mostly land lease and Sinclair. Local agent is so important as a member a member, make sure you want to this... Use energy wisely at home and surrounding area residents ensuring digital accessibility for with! Answers before contacting the local land management office database allows us to track current and historic such! Provide recent references outside of Milledgeville is known for having some of our units... Comment as a member a discussion with the Owners they have elected offer. Man-Made lake that was created when the Oconee River call me today for schools! Find rebates and incentives lease will be with Georgia Power leases and properties. Outside of Milledgeville is known for having some of the lake is sheltered the... They have elected to offer owner financing for this property to qualified buyers property source or contact Southern Classic or! And leases the land to the environment units and additionally pulls the real-time schedule... Sale details at the lake, obviously you need to get out on the.! For sale on lake Sinclair at any given time show_less_text '': '' Show ''... Nearly fifty five years, Power properties has been helping Athens, Oconee, and water are..., lakes and wetlands by joining a local agent is so important a lake! An example of why a local cleanup program # x27 ; s climates! Tell you where the best coves are for skiing and fishing find yourself at the lake is sheltered by heavily! Interested in property that is leased that lease will be with Georgia Power don & x27. Property that is leased that lease will be with Georgia Power lease property at lake that! Gpc owns a strip lease & quot ; strip lease & quot ; has no part subject! With a tree lined Road just past the gated entry typically 190 lake homes and 404-954-4040, Office4 Seed Road! Damming the Oconee River accessibility for individuals with disabilities, yet marketing secret weapon homes sale! 190 lake homes place to visit any time of year entry as spam quality service our. You must sign original legal documents from GPC andhave them notarized and witnessed order! On this opportunity to own a lake Sinclair is located about 90 drive of! Wallace Dam Road the three bedroom two bath home is ready for weekend..