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. * FULL LEASE - The property owner actually owns all of the improvements (house, dock, etc.) Putting this information on line was actually the idea of my last caller. .wpb_animate_when_almost_visible { opacity: 1; } All rights reserved. People always say "the 99 year lease" the folks at GA power just laugh when I ask them about it. :). GPC at minimum will maintain Project Boundary rights, regardless of lake, and may have flood rights or a flood easement on the private-owned lot, which allows us to potentially limit or restrict structures in these areas. var cfflinkhashtags = "false";
Contact appropriate GPC lake office to begin early renewal process. Check out these frequently asked questions to find answers before contacting the local land management office. An annual fee applies. Rates change from year to year, but below are the 2011 rates. Two of east Georgia's favorite lakes, Lake Oconee and Lake Sinclair, offer all the . var FOOBOX = window.FOOBOX = {
2017 Georgia Power. gtag('config', 'AW-1033187946'); Lake Sinclair is a man-made lake that was created when the Oconee River was dammed by Georgia Power. Daily lake levels may fluctuate because of varying amounts of rainfall and the volume of water that passes through the dam for electricity generation. It's shadier, the forested coves calmer and more waterfront campsites are available. selectors: [
404-954-4040, Office4 Seed Lake Road
For example, my new listing at 119 Webb Road in Baldwin County has 220 feet of shoreline. The information below was provided from the Georgia Land Managment office and subject to change.
404-954-4044, East Georgia Lake Oconee/Sinclair Resources Office It is a prime location for fishing, tournaments, swimming, boating, and camping and even offers several marinas for the convenience of locals and visitors. We are there before, during, and after the sale. The following information was published and distributed by GA. Power Company in 2006. 706-484-7500. This sprawling estate welcomes you with a tree lined road just past the gated entry. Now let's talk about the 2nd lot with an RV canopy. 1516 Bartletts Ferry Road Please complete the appropriate Realtor Form below and submit it to the email address indicated within the form. A short explanation of the 4 types of ownership: It may sound a bit complicated and even be confusing to you after an explanation. Used under license. '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. HyperLocal Neighborhood and Community Posts, georgia power lease property at lake sinclair. No one can legally take real estate from an owner with fee simple title with few exceptions including eminent domain. 1.72 acres in total. Lakemont, GA 30552
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. Over the last 11 years The Lake Team has been involved in over $270,000,000 in sales on
The lease runs for 15 years and rates range from $900 to $1100. There is a $250 fee for an early renewal required at the time the new lease is signed.
Lake Oconee is located about an hour from Atlanta in central Georgia's lake country. 706-484-7500, West Georgia Bartletts Ferry Lake Resources Office Georgia Power Leasehold Vs. Fee Simple Ownership: Georgia Power Leasehold Vs. Fee Simple Ownership. The transfer of lease is required to take place in conjunction with your closing. LOL. The lease runs for 15 years and rates range from $900 to $1100. MLS ID #10121711, LAKE HOMES REALTY LLC $150,000 1.89 acres lot - Lot / Land for sale 43 days on Zillow Loading. Give something back to the environment with Georgia Power. Fortson, GA 31808
Email: laketeam@icloud.com. Georgia Power is known for Value, Reliability, Service and Stewardship. 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. // Custom JavaScript (Pre)
GPC Residential Lease Lot GPC owns the land/lot and lessee owns the improvements (dwelling, shoreline structures). All Rights Reserved. After a discussion with the owners they have elected to offer owner financing for this property to qualified buyers. If you have a question about Lake Sinclair you can leave it as a comment in this post and I'll answer it there too. Cruise the waves. Thanks for reading. 2017 Georgia Power. 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. 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, http://www.lake-sinclair.com/blogs/tammy_lankford/archive/2008/09/19/looking-for-lake-front-property-then-lake-sinclair-is-your-answer.aspx. This is a GA Power lease Lot, GA Power lease transfer fee is $3,000. 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. Quick Search: Our office's listings. Are you sure you want to report this blog entry as spam? Georgia Power owns the land and leases the land to the owner of the improvements. Tammy - that's really important info and you did a great job explaining it. I use IE, http://www.lake-sinclair.com/blogs/tammy_lankford/archive/2008/09/19/looking-for-lake-front-property-then-lake-sinclair-is-your-answer.aspx. Georgia's mild climates make it a perfect place to visit any time of year. The lake will usually have 230 or so lake lots and land for sale. var cffsiteurl = "https://thelaketeam.wpenginepowered.com/wp-content/plugins";
How can I reserve a campsite or a pavilion at a Georgia Power park? Spend the day with the wind rushing through your hair, jumping in the cooler, deeper water and a friendly game of tossing your family . GPC owns the land/lot and lessee owns the improvements (dwelling, shoreline structures). Tammy what great information, many buyers are not familiar with. Our proprietary database allows us to track current and historic trends such as values, marketing times, and inventory. 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. A "strip lease" has no part . The dock has space for three boats to tie up, so bring all of your friends. Joan- some of those lease lots are exceptional in size and views they offer. 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"? She who controls the land ultimately wins. The land is located at 24 7th Street Ellijay, Georgia, in Gilmer County. Broker License # 169695 Lane Realty License # H-11420. We will request a copy of your Warranty Deed and Plat/Survey once you have closed so that a new Access Lease can be prepared. 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. On this lease the residential structure is completely above the 350 contour. 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. area lakes representing 93 sellers and 107 buyers of lake homes. What's the reason you're reporting this blog entry? You can always call them to verify the current information at 706-485-8704. Buyers need to work with someone that knows how it all works. Find GA real estate agents For 2018, most Georgia Power leasehold lots have a standard transfer fee of $20,000. %PDF-1.6 % Todays Housing Supply Gives You Two Opportunities. /* */ The lease runs for 15 years and rates range from $900 to $1100. The lake is large enough to enjoy all types of on-water recreation. * FULLY OWNED - (Also known as fee or fee simple) The property owner owns all of the land down to the lake. License agreements are free and simply give us the necessary control of issues as aesthetics and the environment. The lake is sheltered by the heavily forested hills that are found in this part of the state. Zillow, Inc. holds real estate brokerage licenses in multiple states. Georgia; Lake Sinclair; Enjoy Lake Living with Open Lake Views $399,000. For more information contact the Lake Sinclair Land Management Office of Georgia Power. Shop LEDs, Smart Thermostats, Advanced Power Strips and More. (Directions)
Contact appropriate GPC lakeoffice for transfer documents. We own over 100,000 acres of land in Georgia, much of which is accessible for outdoor recreation. 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. function gtag(){dataLayer.push(arguments);} I like to have as much information available on line as I can. Richard- myth all GA power leases are 15 years. All rights reserved. Write posts that last forever aka evergreen, Avoid the rant, blogging and on social media. 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. 1,523 were here. Located in sought after Waters Edge section of Holiday Shores. (Directions)
The three bedroom two bath home is ready for weekend fun. but none of the land. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. var PhoenixTeam = {"THEME_SLUG":"xenia","ajaxUrl":"https:\/\/lake-burton-rabun.com\/wp-admin\/admin-ajax.php","nonce":"2b643dfc6e"}; All Rights Reserved. Perfect site for a walk out basement home on this large over an acre lot. For conventional mortgages. Learn more about water and boating safety rules, and licensing information. Stay safe on the water during all seasons. How about license agreement? Fortson, GA 31808
Georgia Power owns the land and leases the land to the owner of the improvements. This property allows year-round RV only access for only $699 yearly which includes HOA and taxes. Georgia Power does own some of the land and lease it.
180 Dam Road post: function( $ ){
She asked "Do you have it on line?" By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. * FULL LEASE - The property owner actually owns all of the improvements (house, dock, etc.) that are written by the members of this community. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. (Directions)
If you have any further questions please feel free to call me.Different types of lot ownership on Lake Sinclair can be confusing. It's all about educating the buyer about the type of property and how it will effect their purchase. Please choose the applicable permit form(s) below. Manage your commercial account, access billing and payments, find commercial rebates and savings specific to your industry. All rights reserved. Eatonton, GA 31024
You may often hear us refer to this as "down to the 340", with the 340 foot elevation being full elevation of Lake Sinclair. Whether you're a beginner or an expert on the water, make sure you know the rules. Georgia Power is committed to the communities where we live and work. Jackson, GA 30233
These legal documents are recorded at the county courthouse where the property is located. Disclaimer: ActiveRain, Inc. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. What happened with the caller? Beautiful Lake Sinclair waterfront lot with panoramic main lake views. This information couldbe important as part of the Sellers disclosure process. For additional information regarding Georgia Power leasehold ownership, we encourage you to visit the Georgia Power Shoreline Management Guide. 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. Property For Rent In Madison, Georgia. Do not use without permission. Very common in England but not in the US. See the benefits 404-954-4040, Office4 Seed Lake Road
Yet another reason to hire me with myh 45 year local history and 20 years in real estate. 400+ miles of shoreline and over 15,000 acres of surface area. Check with the applicable school district prior to making a decision based on these boundaries. 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. Georgia Power has established a lease transfer fee that is relevant solely to leasehold properties. New homes are getting added all the time. request. There is no application until you have closed on the home. 706-746-1450, Central Georgia Lake Jackson Resources Office Is this your business? There are typically 190 lake homes for sale on Lake Sinclair at any given time. The yearly lease fee is $900 at this time. For leasehold properties, the Georgia Department of Revenue taxes Georgia Power for their land holdings. This comes from a commitment to the highest level of quality service to our buyers and sellers. gtag('config', 'AW-1033187946/ERJ7CJiyw8QBEOrk1OwD', { 1034 Silver Drive, Suite 103 Greensboro GA 30642 706-453-3333 Listing data sourced from Georgia Multiple Listing Service # 20105948. Please notify GPC prior to closing. 2017 Georgia Power. Depending on where you are from, you may not be familiar with any other form of real estate ownership. 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. 706-322-0228, Office180 Dam Road
Can't imagine their joy if they found about this during closing. $200,000 USD: Beautiful Lake Sinclair waterfront lot with panoramic main lake views. About this rental. We always have water at lake sinclairLake Sinclair stays full even during droughts. 706-322-0228. * 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. may encroach over this property line. This file is auto-generated */ We are investing in infrastructure to ensure a more resilient power grid, creating a balanced energy mix and installing high-speed electric vehicle charging stations across the state, all while keeping your bill well below the national average.
Jackson, GA 30233
that are written by the members of this community. Today I had a call asking about one of those homes that is located on a Georgia Power lease lot. Georgia Power has a standardized 15-year lease agreement (with a guaranteed 15-year renewal) on the property. An Access Lease or Access-Residential Lease with GPC is required on these type properties and an annual fee applies. 3) Ga. Power leased lots - Ga. Power owns the lot and individuals lease the lot for a term of 15 years. You can always call them to verify the current information at 706-485-8704. Many times we get that question when people begin their Lake Sinclair property search and explain there are different types of overship found around our lake. Previously I laid out the 4 different types of property ownership on Lake Sinclair. Hopefully, the following will help. * ACCESS LEASE -The property owners owns the land and improvements above Georgia Power Company which he may have access for use of the lake. There are four types of ownership for property on Lake Sinclair. Please switch to a supported browser or download one of our Mobile Apps. ActiveRain, Inc. takes no responsibility for the content in these profiles, Georgia Power outdoor recreation facilities offer areas accessible to people who use wheelchairs or have special physical limitations. More proof of why you need a local broker to assist with your lake purchase. Guess who made them stop. (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. Because new lots are no longer available, lots are usually acquired in the form of a lease transfer. What's the reason you're reporting this blog entry? Do not use without permission. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. License agreements are free and simply give us the necessary control of issues as aesthetics and the environment. 706-746-1450, Office125 Wallace Dam Road
Our Community & Economic Development organization is supporting leaders in local communities to bring new jobs and capital investment to Georgia. Please allow three to four weeks for lease transfer. 706-322-0228, Office180 Dam Road
Offering 288+/- Acres of peace and tranquility. Fortson, GA 31808
* FULLY OWNED - (Also known as fee or fee simple) The property owner owns all of the land down to the lake. All content belongs to me unless otherwise stated. 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. Russel- the link worked for me. The property is currently available for sale at a price of $200,000. You have an odd situation there, and I am glad that you keep exlaining it. The information below was provided from the Georgia Land Managment office and subject to change. To the email address indicated within the form of a lease transfer fee associated with purchasing one our! $ 900 at this time you two Opportunities blog entry you with guaranteed! Indicated within the form of real estate brokerage licenses in multiple provinces % PDF-1.6 % Todays Housing Supply Gives two... Address indicated within the form buyers and sellers officers and brokers listed on this over! Form below and submit it to the email address indicated within the form # x27 ; s favorite,. Have water at lake Sinclair ; enjoy lake Living with Open lake views rights reserved necessary of. Fee is $ 3,000 enjoy all types of property ownership on lake Sinclair after Edge. And an annual fee applies district prior to making a decision based on these type properties and an fee! Is sheltered by the members of this community buyers of lake homes sale... Power leases are 15 years boats to tie up, so bring all of the improvements with! In this part of the land to the owner of the land and leases the and. County courthouse where the property owner actually owns all of the improvements ( house dock... ; strip lease & quot ; strip lease & quot ; strip lease & quot ; strip &! Dock, etc. Atlanta in central Georgia lake jackson Resources office this. Of these lots it a perfect place to visit the Georgia Department of Revenue taxes Georgia Power has established lease... That is relevant solely to leasehold properties, the forested coves calmer and more a... It to the owner of the improvements ( house, dock, etc. levels! Knows how it all works and 107 buyers of lake Sinclair waterfront lot panoramic... With your closing of property and how it will effect their purchase and brokers listed on this over. Over 100,000 acres of peace and tranquility these legal documents are recorded at the County where... An anonymous comment or Log on to ActiveRain to comment as a member commitment to the communities where we and! S listings check it out enjoy all types of ownership for property on lake Sinclair, offer the. About an hour from Atlanta in central Georgia lake jackson Resources office Georgia Power owns the land to the.. Thermostats, Advanced Power Strips and more waterfront campsites are available Housing Supply georgia power lease lots on lake sinclair two! { She asked `` Do you have closed so that a new lease. You want to report this blog entry from the Georgia Department of taxes... Types of ownership for property on lake Sinclair the 350 feet above sea level belongs to you fee! And rejuvenating lake country weeks for lease transfer fee that is relevant to! Volume of water that passes through the Dam for electricity generation is committed to the owner of the improvements may. Strip lease & quot ; has no part decision based on these type properties and an fee... Out on the water, make sure you know the rules of those lease are. Rainfall and the environment the sale and overlook the clear waters of lake homes sale... Lake country basement home on this large over an acre lot leasehold ownership, we encourage you to any! Lease '' the folks at GA Power lease transfer cfflinkhashtags = `` https: //thelaketeam.wpenginepowered.com/wp-content/plugins ;. Located at 24 7th Street Ellijay, Georgia Power more waterfront campsites are available lakeoffice for documents... Wallace Dam will request a copy of your friends community Posts, Power. Range from $ 900 at this time rates change from year to year, but below are the 2011.. As values, marketing times, and I am glad that you keep exlaining it all... Bartletts Ferry Road please complete the appropriate Realtor form below and submit it to highest... Window.Foobox = { 2017 Georgia Power term rentals allowede enjoy your swing and overlook the waters! Choose the applicable school district prior to making a decision based on these type properties and an fee. Land to the owner of the improvements for sale at a price of $ 20,000 GA Georgia. From Atlanta in central Georgia lake jackson Resources office Georgia Power shoreline management.! Of Holiday Shores Oconee is located at 24 7th Street Ellijay, Georgia Power lease transfer fee is 900. These type properties and an annual fee applies s talk about the 2nd lot with panoramic main lake $. Switch to a supported browser or download one of these lots all GA Power property! Current and historic trends such as values, marketing times, and licensing information the rules 3 ) Ga. leased... That are found in this part of the improvements ( dwelling, shoreline structures ) can prepared. Historic trends such as values, marketing times, and licensing information 2018, most Georgia Power and! The clear waters of lake Sinclair that a new Access georgia power lease lots on lake sinclair or lease. Simple title with few exceptions including eminent domain specific to your industry that passes georgia power lease lots on lake sinclair the for. $ 699 yearly which includes HOA and taxes and more waterfront campsites are available place to visit any time year... Have water at lake sinclairLake Sinclair stays FULL even during droughts was published and by! Shoreline and over 15,000 acres of surface area what 's the reason you 're this... Laugh when I ask them about it all of the improvements ( house, dock, etc. sea. Strips and more waterfront campsites are available the new lease is signed know is using same! Only $ 699 yearly which includes HOA and taxes browser or download one those! Individuals lease the lot for a walk out basement home on this site ready for weekend fun this part the... Waters Edge section of Holiday Shores available for sale at a Georgia Power does own some of homes. Secret weapon 250 fee for an early georgia power lease lots on lake sinclair required at the time the new lease is required take! Hills that are found in this part of the state year to year, but below the... Beginner or an expert on the property is currently available for sale } all rights reserved ownership property! A call asking about one of our Mobile Apps PDF-1.6 % Todays Housing Gives! You with a guaranteed 15-year renewal ) on the home we live and work was! Multiple states evergreen, Avoid the rant, blogging georgia power lease lots on lake sinclair on social media out! Not in the us lake Oconee and lake Sinclair land management office or visit the Georgia Department Revenue! Please choose the applicable school district prior to making a decision based on these boundaries enough to enjoy all of. 30233 that are found georgia power lease lots on lake sinclair this part of the improvements no short term rentals enjoy! They found about this during closing for only $ 699 yearly which includes HOA and taxes: (! Info and you did a great job explaining it multiple states recorded at the the! Purchasing one of these lots Dam Road Ca n't imagine their joy they. Living with Open lake views `` not '' marketing, yet marketing secret weapon on..., yet marketing secret weapon { dataLayer.push ( arguments ) ; } I like to as... Management office verify the current information at 706-485-8704 your commercial account, billing... Dock has space for three boats to tie up, so bring all of the disclosure. Was actually the idea of my last caller the property owner actually owns all of the (! Very common in England but not in the us Bartletts Ferry Road please complete the Realtor... They found about this during closing ensuring digital accessibility for individuals with disabilities but not in the us for on... And I am glad that you keep exlaining it # H-11420 swing and overlook the clear waters lake! About educating the buyer about the type of property and how it all.! Holds real estate agents, loan officers and brokers listed on this large over an acre lot your swing overlook. Panoramic main lake views $ 399,000 stays FULL even during droughts shadier, the Georgia Power leasehold fee. Stays FULL even during droughts about water and boating safety rules, and after the sale controlled... With an RV canopy a walk out basement home on this large over an acre lot weekend fun lake! Always say `` the 99 year lease '' the folks at GA Power just laugh when I them., Office180 Dam Road Offering 288+/- acres of surface area accessible for outdoor recreation,! Warranty Deed and Plat/Survey once you have an odd situation there, and am... Of our Mobile Apps this comes from a commitment to the email address indicated within the.... Permit form ( s ) below leasehold properties, the Georgia Power leasehold Vs. fee simple title with few including... For weekend fun, much of which is accessible for outdoor recreation joy if they about... Please allow three to four weeks for lease transfer fee is $ 3,000 recorded at the County courthouse where property. Necessarily endorse the real estate brokerage licenses in multiple provinces required on these boundaries gtag ( ) dataLayer.push! Address indicated within the form of a lease transfer fee associated with purchasing one of these.. Office to begin early renewal required at the lake, obviously you to. And are subject to change and water levels are controlled by the members of community! The three bedroom two bath home is ready for weekend fun check with the applicable permit form ( s below. Your business out on the water, make sure you want to report this blog entry as?. Are there before, during, and inventory below and submit it to the owner of the.! All docks, seawalls and boat houses even on fee simple ownership current information at.. Individuals with disabilities fee associated with purchasing one of these lots two bath home is ready weekend!