This comes from a commitment to the highest level of quality service to our buyers and sellers. Property Details. There is a lease transfer fee associated with purchasing one of these lots. 1.72 acres in total. Buyers need to work with someone that knows how it all works. 125 Wallace Dam Road o: {wordpress: { enabled: true }, countMessage:'image %index of %total', excludes:'.fbx-link,.nofoobox,.nolightbox,a[href*="pinterest.com/pin/create/button/"]', affiliate : { enabled: false }}, Georgia Power media spokesman Please complete the appropriate Realtor Form below and submit it to the email address indicated within the form. // Custom JavaScript (Pre) Now I know the truth!!! on ActiveRain. 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. The lake is large enough to enjoy all types of on-water recreation. Fortson, GA 31808 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 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. Please do not use without my express written permission. Zillow has 41 homes for sale in Milledgeville GA matching Lake Sinclair. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them The three bedroom two bath home is ready for weekend fun. There is a $250 fee for an early renewal required at the time the new lease is signed. Write posts that last forever aka evergreen, Avoid the rant, blogging and on social media. If the subject property is adjacent to land owned by you, you must also include a copy of the deed evidencing your ownership of the adjacent land. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. var cffsiteurl = "https://thelaketeam.wpenginepowered.com/wp-content/plugins"; Daily lake levels may fluctuate because of varying amounts of rainfall and the volume of water that passes through the dam for electricity generation. Georgia's mild climates make it a perfect place to visit any time of year. The lease runs for 15 years and rates range from $900 to $1100. Georgia Power owns the land and leases the land to the owner of the improvements. Becuase if you are interested in property that is leased that lease will be with Georgia Power. Call me today for all your Lake Sinclair real estate needs. Georgia Power (Southern Company) owns 15 lakes in Georgia and Lake Sinclair has some very unique ownership types that are not found at all Georgia Power lakes and none of the core of engineer lakes in our state. }, The land is located at 24 7th Street Ellijay, Georgia, in Gilmer County. post: function( $ ){ Copyright Lake Country Board of REALTORS. I love helping someone find their lake home. The "99" number is what I heard for years. 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. request. Joan- some of those lease lots are exceptional in size and views they offer. So right after I emailed it to her, I began to write this post. (Directions) 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. Stay safe on the water during all seasons. So they really should work with someone who knows the ins and outs of what the lease can mean. Is it a residential lease or access lease? function gtag(){dataLayer.push(arguments);} Logos and photographs may also be copyright registered. Check with the applicable school district prior to making a decision based on these boundaries. So? informed decisions when buying and selling. If you wish to report an issue or seek an accommodation, please let us know. Before starting any of the activities listed below, a valid Georgia Power permit must be obtained by every homeowner for any activity on Georgia Power land. Georgia Power Leasehold Vs. Fee Simple Ownership: Georgia Power Leasehold Vs. Fee Simple Ownership. Lakemont, GA 30552 Information is deemed reliable but not guaranteed. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. Georgia; Lake Sinclair; Enjoy Lake Living with Open Lake Views $399,000. Thanks for reading. It looks like Georgia Power has all of the power at Lake Sinclair. Call 1-855-607-6462 or visit our reservations website to obtain one. Mobile: 706-715-5550 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 This sprawling estate welcomes you with a tree lined road just past the gated entry. All Rights Reserved. A strip lease lot has two separate types of ownership on the same lot. Lake Sinclair boasts over 500 miles of . Fortson, GA 31808 Do you have a lease? Georgia Power . All rights reserved. custom: function( $ ){ For example, my new listing at 119 Webb Road in Baldwin County has 220 feet of shoreline. There are typically 190 lake homes for sale on Lake Sinclair at any given time. Learn more. 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. Created by Georgia Power in 1953, Lake Sinclair is two hours southeast of Atlanta making it easy access for fishing, tournaments, swimming, boating, camping, and has several marinas for the convenience of visitors. 404-954-4040, Office4 Seed Lake Road Rodney- Georgia power leases are all only 15 years. If you don't have a boat, no problem, many area marinas rent them by the half or full day. GPC has absolute authority regarding this shoreland strip and determines what can or cannot be done on this portion of the property. (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); What kind of Lease? and Eatonton real estate Rates change from year to year, but below are the 2011 rates. 706-322-0228, Office180 Dam Road Lot has been cleared and has a temporary power pole in place. Hi Tammy, you truly sound like the expert in this bit of localism for your area. Each year from Memorial Day through Labor Day, a larger section of the park opens . 1.72 acres in total. Georgia Power will not issue permits to new owners or validate the presence of existing shoreline structures until property owners have signed a proper legal agreement with Georgia Power. I was really interested in the why and how Lake Sinclair stays full, but there's no link, and where I did wind up didn't seem to have any information about that interesting fact. Eatonton, GA 31024 A new as-built survey may be required at time ofearly renewal. 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. Hopefully, the following will help. Save your search and be the first to know. Property Details Beds: 3 Baths: 2.0 Sq Feet: 1430 Year Built: 1969 Lake: Lake Sinclair Acres: 0.850 Lakefront: Yes Lakeview: Yes ViewTypes: Lake County: Baldwin County Lake Community: Georgia Power Area All Rights Reserved. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. And you just might find your question on my blog in the future. and Eatonton real estate . The property is currently available for sale at a price of $200,000. Broker License # 169695 Lane Realty License # H-11420. Access leases run for 15 years with a current rate of $100 per year. If you have questions about something on Lake Sinclair call me or email me. (Directions) How about license agreement? $200,000 USD: Beautiful Lake Sinclair waterfront lot with panoramic main lake views. 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 . A "strip lease" has no part . Back in late 50s and early 60s the power company was selling this land. There is a $500 fee to transfer the lease into an entity that is required at the time the new lease is signed. This can include but may not be limited to bathrooms, boat docks, fishing piers and picnic areas. Fortson, GA 31808 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 /* ]]> */ There is no application until you have closed on the home. Previously I laid out the 4 different types of property ownership on Lake Sinclair. Notify your GPC Lake Resources officeabout your listing. An annual fee applies. An annual fee applies. We strive to go above and beyond the average to ensure our clients have what they need. GPC owns a strip of land between the lake and the privately owned property. The following information was published and distributed by GA. Power Company in 2006. 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. 1. The lake was formed by damming the Oconee River. 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. (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o), Jackson, GA 30233 * FULLY OWNED - (Also known as fee or fee simple) The property owner owns all of the land down to the lake. Our lakes, rivers and parks are perfect for indulging in your passion for the water and the great outdoors. Thanks. :). You might be surprised to learn that were the largest non-governmental provider of recreational facilities in Georgia. (Directions) Lake Sinclair is a man-made lake that was created when the Oconee River was dammed by Georgia Power. This information couldbe important as part of the Sellers disclosure process. 706-746-1450, Office125 Wallace Dam Road Over the last 11 years The Lake Team has been involved in over $270,000,000 in sales on I'm sure the buyer's who are brand new to your area appreciate your expertise in explaining the different types of ownership possibilities. }); Many potential buyers of Lake Burton, Seed Lake, and Lake Rabun properties ask us: What is the difference between a fee simple lot and a Georgia Power lease lot?. 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 . Whether or not the property is a leasehold is very important to know upfront. My "not" marketing, yet marketing secret weapon. RESIDENTIAL INFORMATION SHORELINE GUIDELINES. All content belongs to me unless otherwise stated. We are proud of our reputation with both sellers and buyers and would be happy to provide recent references. (Directions) may encroach over this property line. The proper management of shoreline development must balance the interests of a number of stakeholders and is vital to the life of the lake. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. We always have water at lake sinclairLake Sinclair stays full even during droughts. 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"? The transfer of lease is required to take place in conjunction with your closing. You wish to report georgia power lease lots on lake sinclair issue or seek an accommodation, please let us know offer! 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