This is a Georgia Power lease property so no short term rentals allowede enjoy your swing and overlook the clear waters of Lake Sinclair. This leads to stable water levels year-round, even in the case of drought. All content belongs to me unless otherwise stated. } Each year from Memorial Day through Labor Day, a larger section of the park opens . Claim this listing and start receiving real-time leads today! // Custom JavaScript (Post) (Directions) ".gallery", ".wp-block-gallery", ".wp-caption", ".wp-block-image", "a:has(img[class*=wp-image-])", ".foobox" but none of the land. 4 Seed Lake Road on ActiveRain. . gtag('config', 'AW-1033187946/ERJ7CJiyw8QBEOrk1OwD', { 706-484-7500, West Georgia Bartletts Ferry Lake Resources Office (Directions) !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 */ The lease runs for 15 years and rates range from $900 to $1100. 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. The transfer of lease is required to take place in conjunction with your closing. * ACCESS LEASE -The property owners owns the land and improvements above Georgia Power Company which he may have access for use of the lake. 184 Sinclair Circle, Eatonton, GA 31024 . Quick Search: Our office's listings. These legal documents are recorded at the county courthouse where the property is located. Georgia; Lake Sinclair; Enjoy Lake Living with Open Lake Views $399,000. 706-484-7500. Please choose the applicable permit form(s) below. Learn how we are A Citizen Wherever We Serve plus tips to prevent fraud and stay safe around water or electricity. This permit requirement applies to Georgia Power leases and deeded properties. What is Georgia Power going to do about the weeds in the lake? Please switch to a supported browser or download one of our Mobile Apps. (Directions) Georgia Power campgrounds on Lake Oconee all have essentially the same setup, but Old Salem (1530 Old Salem Road, Greensboro; 706-467-2850) gets extra points for its setting. 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. Beautiful Lake Sinclair waterfront lot with panoramic main lake views. Two water front lots on Lake Sinclair that are VRBO friendly due to not being Georgia Power lease lots. All Rights Reserved. Are you sure you want to report this blog entry as spam? 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. (Directions) Eatonton, GA 31024 I was told only one, but wanted to confirm. Buyers need to work with someone that knows how it all works. So? The property is currently available for sale at a price of $200,000. 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. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. (Directions) Georgia Power has a standardized 15-year lease agreement (with a guaranteed 15-year renewal) on the property. Lake Sinclair is a man-made lake that was created when the Oconee River was dammed by Georgia Power. A "strip lease" has no part . selectors: [ What kind of Lease? . Notify your GPC Lake Resources officeabout your listing. Perfect site for a walk out basement home on this large over an acre lot. 404-954-4040, Office4 Seed Lake Road The tool calculates the real-time peaking schedule of our hydro units and additionally pulls the real-time lake elevation. %PDF-1.6 % Todays Housing Supply Gives You Two Opportunities. An annual fee applies. Call me today for all your Lake Sinclair real estate needs. 404-954-4044, East Georgia Lake Oconee/Sinclair Resources Office 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). The information below was provided from the Georgia Land Managment office and subject to change. All content belongs to me unless otherwise stated. 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. custom: function( $ ){ This file is auto-generated */ Jackson, GA 30233 30606, GA . The lake will usually have 230 or so lake lots and land for sale. 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 Sounds like Georgia? Situated in the historical heartland of Milledgeville, Georgia, you will find the gem of Lake Sinclair. Click to read why and how. (function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ Tammy what great information, many buyers are not familiar with. Here in Manhattan we have something called a Land lease which is similar to what you have in Lake Sinclair. Hi Tammy, you truly sound like the expert in this bit of localism for your area. If you find yourself at the lake, obviously you need to get out ON the lake. 30650, Madison, Morgan County, GA . var FOOBOX = window.FOOBOX = { 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. More proof of why you need a local broker to assist with your lake purchase. A Georgia Power Park, Rocky Creek is a popular day-use access to Lake Sinclair. And I'm going to get some of my friends to check the link today too. Lake Sinclair and Milledgeville and Eatonton have a lot to offer. {"@context":"https:\/\/schema.org","@type":"Organization","url":"https:\/\/lake-burton-rabun.com\/","sameAs":[],"@id":"https:\/\/lake-burton-rabun.com\/#organization","name":"The Lake Team","logo":"http:\/\/lake-burton-rabun.com\/wp-content\/uploads\/2018\/05\/header2018.jpg"} GPC owns the land/lot and lessee owns the improvements (dwelling, shoreline structures). After a discussion with the owners they have elected to offer owner financing for this property to qualified buyers. Operated by Georgia Power, Lake Sinclair came to life in 1953. 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, RETIRED / State License is Inactive - Portland, OR, Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA, Broker GA Lake Sinclair/Eatonton/Milledgeville, VP of Mortgage Lending - AL, FL, GA, SC, & TN, MoonDancer Realty, Dillsboro,NC - Sylva, NC. An annual fee applies. I'm sure the buyer's who are brand new to your area appreciate your expertise in explaining the different types of ownership possibilities. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them My "not" marketing, yet marketing secret weapon. Georgia's mild climates make it a perfect place to visit any time of year. Annual fee increases May 1, 2028 to $1,300. Volunteer and help us clean our rivers, streams, lakes and wetlands by joining a local cleanup program. Broker License # 169695 Lane Realty License # H-11420. 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. LOL. 706-484-7500. Thanks. Lakemont, GA 30552 It is a prime location for fishing, tournaments, swimming, boating, and camping and even offers several marinas for the convenience of locals and visitors. Lake Oconee/Lake Sinclair | Eatonton GA Please do not use without my express written permission. What's the reason you're reporting this blog entry? Community emPowering Environment Lakes and Rivers Lakes FAQs Our Lakes Daily Lake Levels River Levels Water Safety Volunteer Programs FAQs Get the answers to some frequently asked questions regarding Georgia Power lakes. Now let's talk about the 2nd lot with an RV canopy. Carport with attached workshop is plumbed and could become a small apartment. Fee Simple lot owners receive one annual tax bill from Rabun County that includes tax for both the land lot and improvements. Lake elevations are always subject to change, depending on river conditions. Office: 404-408-HOME Stay safe on the water during all seasons. Jackson, GA 30233 Georgia Power cannot accept scanned legal documents or electronic signatures via email. We strive to go above and beyond the average to ensure our clients have what they need. Today I had a call asking about one of those homes that is located on a Georgia Power lease lot. All rights reserved. The individual has the right to renew the lease at the end of 15 years as long as they comply with the lease. house for rent in suffolk county, ny by owner. People always say "the 99 year lease" the folks at GA power just laugh when I ask them about it. Learn more about water and boating safety rules, and licensing information. Carport with attached workshop is plumbed and could become a small apartment. var cffsiteurl = "https://thelaketeam.wpenginepowered.com/wp-content/plugins"; Copyright Lake Country Board of REALTORS. Thanks for reading. 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 A fee simple buyer is given the title (ownership) of the property, which includes the land and any improvements to the land in perpetuity. 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. View this data to determine the current lake level based on rain fall. 706-322-0228, Office180 Dam Road The proper management of shoreline development must balance the interests of a number of stakeholders and is vital to the life of the lake. 706-746-1450, Office125 Wallace Dam Road Lakemont, GA 30552 Access lots contain a portion of shoreland which is owned by GPC in fee. The lake was formed by damming the Oconee River. Level 3 soil report. We own over 100,000 acres of land in Georgia, much of which is accessible for outdoor recreation. You have an odd situation there, and I am glad that you keep exlaining it. This property allows year-round RV only access for only $699 yearly which includes HOA and taxes. 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. Two water front lots on Lake Sinclair that are VRBO friendly due to not being Georgia Power lease lots. 706-322-0228, Office180 Dam Road area lakes representing 93 sellers and 107 buyers of lake homes. Georgia Power outdoor recreation facilities offer areas accessible to people who use wheelchairs or have special physical limitations. Shop LEDs, Smart Thermostats, Advanced Power Strips and More. Becuase if you are interested in property that is leased that lease will be with Georgia Power. But sometimes power is overshadowed by control. Do you have a lease? $200,000 USD: Beautiful Lake Sinclair waterfront lot with panoramic main lake views. Please allow three to four weeks for lease transfer. Fortson, GA 31808 125 Wallace Dam Road The information below was provided from the Georgia Land Managment office and subject to change. 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. Meet our leadership team, learn how we create a culture of diversity and inclusion and find data on our companys performance. You can always call them to verify the current information at 706-485-8704. Eatonton, GA 31024 Before a lease is issued, the lessee will be responsible for meeting certain requirements. the highest level of service for buyers and gtag('js', new Date()); and Eatonton real estate Would you mind telling me what browser you use?? Please note: Due to COVID-19 restrictions, certain facilities at some of our lakes and campgrounds remain closed. Please advise. 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. A strip lease lot has two separate types of ownership on the same lot. 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! informed decisions when buying and selling. There is a lease transfer fee associated with purchasing one of these lots. ready: true, Lake lot leases are currently fifteen year leases with rates established by Georgia Power Company. There is a lease transfer fee associated with purchasing one of these lots. Listing data sourced from Georgia Multiple Listing Service # 20105948. Zillow has 41 homes for sale in Milledgeville GA matching Lake Sinclair. Lakemont, GA 30552 License agreements are free and simply give us the necessary control of issues as aesthetics and the environment. Back in late 50s and early 60s the power company was selling this land. There is a $250 fee for an early renewal required at the time the new lease is signed. Access your secure online account 24/7, explore money-saving products, compare rate plans and find rebates and incentives. var cffajaxurl = "https://lake-burton-rabun.com/wp-admin/admin-ajax.php"; Georgia Power is known for Value, Reliability, Service and Stewardship. 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. Hopefully that will work. Leave an anonymous comment or Log on to ActiveRain to comment as a member. Some of those lease lots have homes for sale. There is a lease transfer fee associated with purchasing one of these lots. Georgia Power does still have to permit all docks, seawalls and boat houses even on fee simple lots. 2017 Georgia Power. 404-954-4040, Office4 Seed Lake Road 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. /*