Now let's talk about the 2nd lot with an RV canopy. (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. (Directions) 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. (Directions) Guess who made them stop. People always say "the 99 year lease" the folks at GA power just laugh when I ask them about it. 706-746-1450, Central Georgia Lake Jackson Resources Office GRI,IMSD-Taking the mystery out of real estate. are owned by the leaseholder (purchaser). Broker License # 169695 Lane Realty License # H-11420. * FULLY OWNED - (Also known as fee or fee simple) The property owner owns all of the land down to the lake. GPC owns a strip of land between the lake and the privately owned property. 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. Perfect site for a walk out basement home on this large over an acre lot. So yes, there are pros to them too. An Access Lease or Access-Residential Lease with GPC is required on these type properties and an annual fee applies. Requirements to transfer a GA. Power fully . Georgia Power helps you save money and use energy wisely at home. 1,456 sqft (on 0.48 acres) 944 Lakeview Cir, Sparta, GA 31087 0.5 ACRES $460,000 3bd 2ba 1,768 sqft (on 0.50 acres) 570 River Ridge Trl, Sparta, GA 31087 0.51 ACRES $349,900 3bd 2ba 578 Gardenia Rd, Sparta, GA 31087 2.42 ACRES $384,900 3bd 3ba 2,200 sqft (on 2.42 acres) 106/108 Brenda Ln #2/3, Sparta, GA 31087 0.5 ACRES $424,000 2bd 2ba The transfer of lease is required to take place in conjunction with your closing. 2017 Georgia Power. * FULL LEASE - The property owner actually owns all of the improvements (house, dock, etc.) (Directions) Zillow, Inc. holds real estate brokerage licenses in multiple states. Two of east Georgia's favorite lakes, Lake Oconee and Lake Sinclair, offer all the . 2017 Georgia Power. There is a lease transfer fee associated with purchasing one of these lots. The lease runs for 15 years and rates range from $900 to $1100. ga('create', 'UA-99921541-1', 'auto'); Please do not use without my express written permission. Have a question about Georgia Power lakes and recreation? Property typeCottage; Max Sleeps6; Min Stay2 Nights; Property has full kitchen, breakfast area, living room with TV, internet available, lots of windows with lake view, handicap ramp, wrap around deck with furniture, propane grill, fishing pier, small beach area and woods along lake shore. Please call the local land management office to confirm whether your needs can be met at the facility you are planning to visit. 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"? 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. 'phone_conversion_number': '706-212-0228' window.dataLayer = window.dataLayer || []; A fee simple buyer is given the title (ownership) of the property, which includes the land and any improvements to the land in perpetuity. I would think any caller phoning in and being able to get this kind of info would have been super impressed and hired you on the spot! Homeowner's also are responsible for their specific county's property tax. So, owners of leasehold properties on our area lakes receive a property tax bill from Rabun County that taxes various property improvements (house, boathouse, etc). Jo- sadly this might not exist in our area if not for interference of the federal government. Don't pass on this opportunity to own a Lake Sinclair home. Lakes open for duck and goose hunting: Lake Burton, Lake Seed, Lake Rabun, Tallulah Falls Lake, Lake Tugalo and Lake Yonah. Logos and photographs may also be copyright registered. About this rental. Depending on where you are from, you may not be familiar with any other form of real estate ownership. 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 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. For leasehold properties, the Georgia Department of Revenue taxes Georgia Power for their land holdings. Whether or not the property is a leasehold is very important to know upfront. 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. Quick Search: Our office's listings. Claim this listing and start receiving real-time leads today! We are proud of our reputation with both sellers and buyers and would be happy to provide recent references. If you don't have a boat, no problem, many area marinas rent them by the half or full day. For Sale: 200000 - Lots And Land, bed, bath, sqft at LOT #63 Lake Crest Drive in Sparta. 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. Our Community & Economic Development organization is supporting leaders in local communities to bring new jobs and capital investment to Georgia. Mobile: 706-715-5550 Lake Oconee is located about an hour from Atlanta in central Georgia's lake country. }, It's all about educating the buyer about the type of property and how it will effect their purchase. For More Information Click Here LFSGA112019AW Trout Stream Lot near Cleveland, GA. (Directions) 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. My "not" marketing, yet marketing secret weapon. Georgia's mild climates make it a perfect place to visit any time of year. Write posts that last forever aka evergreen, Avoid the rant, blogging and on social media. A new as-built survey may be required at time ofearly renewal. You might be surprised to learn that were the largest non-governmental provider of recreational facilities in Georgia. on ActiveRain. Lease payments are made to Georgia Power annually. 706-322-0228, Office180 Dam Road GPC owns the land/lot and lessee owns the improvements (dwelling, shoreline structures). Lakemont, GA 30552 What's the reason you're reporting this blog entry? 404-954-4040, Office4 Seed Lake Road Now I know the truth!!! 1034 Silver Drive, Suite 103 Greensboro GA 30642 706-453-3333 There is an access lease of 15 years with a lease fee of $100 . The transfer fee is negotiable between a buyer and seller of leasehold property and is due in full to Georgia Power each time a leasehold property is transferred from one leaseholder to a new leaseholder. * 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. but none of the land. Please do not use without my express written permission. Do not use without permission. 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. 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. Eatonton, GA 31024 We are there before, during, and after the sale. Georgia Power . Rates change from year to year, but below are the 2011 rates. Please be aware that our shoreline guidelines are subject to revision based on changes to the shoreline management landscape, FERC discretion or other factors. Lot has been cleared and has a temporary power pole in place. Georgia Power does still have to permit all docks, seawalls and boat houses even on fee simple lots. The dock has space for three boats to tie up, so bring all of your friends. Call 1-855-607-6462 or visit our reservations website to obtain one. !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 List Of Nascar Drivers Suspended For Drugs, Beyond The Fringe Script, Portico Fort Myers Hoa Fees, Articles G