184 Sinclair Circle, Eatonton, GA 31024 . Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. There is a $500 fee to transfer the lease into an entity that is required at the time the new lease is signed. On this lease the residential structure is completely above the 350 contour. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. The three bedroom two bath home is ready for weekend fun. What types of boats are allowed on Georgia Power lakes? Zillow, Inc. holds real estate brokerage licenses in multiple states. The lake will usually have 230 or so lake lots and land for sale. 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 Do not reuse text or graphics without written permission. So right after I emailed it to her, I began to write this post. Please allow three to four weeks for lease transfer. Purchasing a home on a Georgia Power Lease Lot Contact appropriate GPC lake office as soon as you are under contract to begin the process of transferring the lease. 404-954-4040, Office4 Seed Lake Road
Lakemont, GA 30552 4 Seed Lake Road Mobile: 706-715-5550 New public service announcement puts focus on simple water safety. 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? Fee Simple lot owners receive one annual tax bill from Rabun County that includes tax for both the land lot and improvements. emPowering Environment Lakes and Rivers East Georgia Lakes Lake Sinclair FAQs Aquatic Weeds Get answers to the most frequently asked questions about aquatic weeds, how Georgia Power is treating them, and their potential impact on Lake Sinclair. 404-954-4040, Office4 Seed Lake Road
If a buyer wanted their Aunt Sally Agent to help and they're not familiar, it might come as a suprise, no?? These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them Georgia Power owns the land and leases the land to the owner of the improvements. We always have water at lake sinclairLake Sinclair stays full even during droughts. Lake Oconee and Lake Sinclair are both relaxing and rejuvenating. 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. The dock has space for three boats to tie up, so bring all of your friends. Please see our. Georgia Power does own some of the land and lease it. The transfer of lease is required to take place in conjunction with your closing. Please see the descriptions of each lot type below: Fee Simple: Fee simple ownership is probably the most familiar form of ownership to buyers of residential real estate. Lease rates are the same as for a full lease, ranging from $900 to $1100 over a 15 year period. 4 different types of property ownership on Lake Sinclair. There is the unedited link. Operated by Georgia Power, Lake Sinclair came to life in 1953. But sometimes power is overshadowed by control. ready: true,
gtag('config', 'AW-1033187946'); 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. Lake Sinclair is located about 90 drive southeast of Atlanta. So many of the Condominiums Owners pay a Land Lease. Georgia Power cannot accept scanned legal documents or electronic signatures via email. The lease runs for 15 years and rates range from $900 to $1100. Broker License # 169695 Lane Realty License # H-11420. %PDF-1.6 % Todays Housing Supply Gives You Two Opportunities. For leasehold properties, the Georgia Department of Revenue taxes Georgia Power for their land holdings. For example, my new listing at 119 Webb Road in Baldwin County has 220 feet of shoreline.
Your email address will not be published. Becuase if you are interested in property that is leased that lease will be with Georgia Power. 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. make an informed decision when buying or selling a house. The lake is large enough to enjoy all types of on-water recreation. 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. (Directions)
For nearly fifty five years, Power Properties has been helping Athens, Oconee, and surrounding area residents . New Created Listings. I love helping someone find their lake home. All content belongs to me unless otherwise stated.
Russel- the link worked for me. Lake elevations are always subject to change, depending on river conditions. Learn more about water and boating safety rules, and licensing information. 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
We own over 100,000 acres of land in Georgia, much of which is accessible for outdoor recreation. .wpb_animate_when_almost_visible { opacity: 1; } Hopefully that will work. All rights reserved. See the benefits 1,523 were here. Situated in the historical heartland of Milledgeville, Georgia, you will find the gem of Lake Sinclair. selectors: [
request. 180 Dam Road 706-322-0228. 706-322-0228, Office180 Dam Road
For 2018, most Georgia Power leasehold lots have a standard transfer fee of $20,000. Before a lease is issued, the lessee will be responsible for meeting certain requirements. Jackson, GA 30233
make an informed decision when buying or selling a house. 706-746-1450, Central Georgia Lake Jackson Resources Office (Directions)
So yes, there are pros to them too. (Directions)
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. All rights reserved. For additional information regarding Georgia Power leasehold ownership, we encourage you to visit the Georgia Power Shoreline Management Guide. Broker License # 169695 Lane Realty License # H-11420. I'll be happy to tell you or find out if I don't already know. HyperLocal Neighborhood and Community Posts, georgia power lease property at lake sinclair. Show only listings with virtual tours. 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. $200,000 USD: Beautiful Lake Sinclair waterfront lot with panoramic main lake views. There is a $250 fee for an early renewal required at the time the new lease is signed. There is a lease transfer fee associated with purchasing one of these lots. (Directions)
30606, GA . Do not use without permission. This permit requirement applies to Georgia Power leases and deeded properties. Rip Rap seawall with over 130 feet of water frontage. It's shadier, the forested coves calmer and more waterfront campsites are available.
Access leases run for 15 years with a current rate of $100 per year. Thanks for reading. Guess who made them stop.
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