that are written by the members of this community. Now let's talk about the 2nd lot with an RV canopy. No one can legally take real estate from an owner with fee simple title with few exceptions including eminent domain. Please do not use without my express written permission. make an informed decision when buying or selling a house. informed decisions when buying and selling. The lake will usually have 230 or so lake lots and land for sale. on ActiveRain. the highest level of service for buyers and Do not use without permission. '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. So? 706-322-0228, Office180 Dam Road 3) Ga. Power leased lots - Ga. Power owns the lot and individuals lease the lot for a term of 15 years. You may often hear us refer to this as "down to the 340", with the 340 foot elevation being full elevation of Lake Sinclair. Because new lots are no longer available, lots are usually acquired in the form of a lease transfer. Hi Tammy, you truly sound like the expert in this bit of localism for your area. 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. Copyright 2023 GAMLS. 706-322-0228, Office180 Dam Road ".gallery", ".wp-block-gallery", ".wp-caption", ".wp-block-image", "a:has(img[class*=wp-image-])", ".foobox" but none of the land. * 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. * FULL LEASE - The property owner actually owns all of the improvements (house, dock, etc.) Lease rates are the same as for a full lease, ranging from $900 to $1100 over a 15 year period, 706-485-9668 (Click on Lane Realty Logo for web site). 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. Access your secure online account 24/7, explore money-saving products, compare rate plans and find rebates and incentives. This reservoir was created by Georgia Power in 1979 along with its twin sister, Lake Sinclair, to. The dock has space for three boats to tie up, so bring all of your friends. Fortson, GA 31808 Access leases run for 15 years with a current rate of $100 per year. My "not" marketing, yet marketing secret weapon. 706-746-1450, Central Georgia Lake Jackson Resources Office Fee Simple lot owners receive one annual tax bill from Rabun County that includes tax for both the land lot and improvements. A boat ramp, picnic area, walking trail, and banks to fish from ensure a great time whether you are an avid fisherman or teaching the kids how to fish. So many of the Condominiums Owners pay a Land Lease. Broker License # 169695 Lane Realty License # H-11420. Notify your GPC Lake Resources officeabout your listing. 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. 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. Search databases, industry studies and information regarding infrastructure. There is a $500 fee to transfer the lease into an entity that is required at the time the new lease is signed. Lot has been cleared and has a temporary power pole in place. You must sign original legal documents from GPC andhave them notarized and witnessed in order to validate document. Carla- they would likely find out when the lender kicked the loan only local banks will lend on these lease lots. Copyright Lake Country Board of REALTORS. So yes, there are pros to them too. See the benefits Listing data sourced from Georgia Multiple Listing Service # 20105948. So they really should work with someone who knows the ins and outs of what the lease can mean. Joan- some of those lease lots are exceptional in size and views they offer. (Directions) The land is located at 24 7th Street Ellijay, Georgia, in Gilmer County. 706-746-1450, Office125 Wallace Dam Road What types of boats are allowed on Georgia Power lakes? Tammy what great information, many buyers are not familiar with. What's the reason you're reporting this blog entry? My "not" marketing, yet marketing secret weapon. house for rent in suffolk county, ny by owner. Carport with attached workshop is plumbed and could become a small apartment. 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. Previously I laid out the 4 different types of property ownership on Lake Sinclair. Interesting same sort of thing on Lkae Jackson but I thought that the leases ran longer there. }); 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?. 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. Are you sure you want to report this blog entry as spam? Thanks for reading. GRI,IMSD-Taking the mystery out of real estate. (Directions) Purchasing an Access Lot on Georgia Power Lakes Access lots contain a portion of shoreland which is owned by GPC in fee. 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. My "not" marketing, yet marketing secret weapon. Lakes open for duck and goose hunting: Lake Burton, Lake Seed, Lake Rabun, Tallulah Falls Lake, Lake Tugalo and Lake Yonah. 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 Rates change from year to year, but below are the 2011 rates. Lakemont, GA 30552 West Georgia Bartletts Ferry Lake Resources Office 1516 Bartletts Ferry Road Fortson, GA 31808 706-322-0228 Monday - Friday 8 a.m. - 5 p.m. (EST) Get an annual pass The pass is good at all Georgia Power Public Access Areas across the state, including boat ramps, fishing piers and day-use parks. How can I reserve a campsite or a pavilion at a Georgia Power park? LOL. (Directions) 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. /* */ More proof of why you need a local broker to assist with your lake purchase. (Directions) The lake was formed by damming the Oconee River. You may select a form(s) to submit online, or select each applicable PDF to print, fill out, then mail or fax to your Land Management Office. The lake is large enough to enjoy all types of on-water recreation. She asked "Do you have it on line?" Georgia's 70,150 miles of streams and rivers need your help. Two water front lots on Lake Sinclair that are VRBO friendly due to not being Georgia Power lease lots. Contact appropriate GPC lake office to begin early renewal process. * ACCESS LEASE - The property owners owns the land and improvements above Georgia Power Company which he may have access for use of the lake. 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. How many names (lessee's) are allowed to be on a Lake Sinclair lot lease? Please allow three to four weeks for an early lease renewal. This is a GA Power lease Lot, GA Power lease transfer fee is $3,000. disableOthers: false, There is a lease transfer fee associated with purchasing one of these lots. GPC has absolute authority regarding this shoreland strip and determines what can or cannot be done on this portion of the property. 2017 Georgia Power. (function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ }, may encroach over this property line. 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. 706-484-7500. This 1.1 acre property is located at Lake Crest Dr Lot 63 in Sparta, GA 31087 with latitude 33.2867 and longitude -83.1593. Georgia Power owns both Lake Oconee and Lake Sinclair, and water levels are controlled by the Wallace Dam. Located in sought after Waters Edge section of Holiday Shores. This property allows year-round RV only access for only $699 yearly which includes HOA and taxes. $2,400,000 7 Beds; 7 Baths; 8,824 Sq Ft; 407 Mill House Rd, Sparta, GA 31087. 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"? 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. Georgia Power helps businesses make smart investments in energy efficiency. She who controls the land ultimately wins. 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. We also own and operate reservoirs all around Georgia which provide a host of outdoor recreational opportunities including boating, paddling, fishing, swimming, picnicking, camping, and many more. Sounds like Georgia? Fannie Mae requires that the term of the leasehold estate must run for at least 5 years beyond the maturity date ofthe mortgage unless fee simple title will vest at an earlier date in the borrower, a homeowner's association, or a co-op cooperation. Rates change from year to year, but below are the 2011 rates. Logos and photographs may also be copyright registered. What kind of Lease? Depending on where you are from, you may not be familiar with any other form of real estate ownership. and Eatonton real estate You might be surprised to learn that were the largest non-governmental provider of recreational facilities in Georgia. var cfflinkhashtags = "false"; Good luck with the buyer! Thanks. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. All rights reserved. For more information, call the land management office or visit the Georgia Department of Natural Resources online. Annual fee increases May 1, 2028 to $1,300. // Custom JavaScript (Pre) Guess who made them stop. All content belongs to me unless otherwise stated. Rodney- Georgia power leases are all only 15 years. 706-484-7500. The property lease then renews every 15 years. }, For example, my new listing at 119 Webb Road in Baldwin County has 220 feet of shoreline. 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. Georgia Power outdoor recreation facilities offer areas accessible to people who use wheelchairs or have special physical limitations. Georgia Power cannot accept scanned legal documents or electronic signatures via email. Find GA real estate agents The transfer of lease is required to take place in conjunction with your closing. Jackson, GA 30233 Lake Oconee and Lake Sinclair are both relaxing and rejuvenating. The lease runs for 15 years and rates range from $900 to $1100. 2017 Georgia Power. You have an odd situation there, and I am glad that you keep exlaining it. Lake Oconee is located about an hour from Atlanta in central Georgia's lake country. There is no application until you have closed on the home. This file is auto-generated */ 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. Carport with attached workshop is plumbed and could become a small apartment. We always have water at lake sinclairLake Sinclair stays full even during droughts. 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. The three bedroom two bath home is ready for weekend fun. This sprawling estate welcomes you with a tree lined road just past the gated entry. But sometimes power is overshadowed by control. Lake lot leases are currently fifteen year leases with rates established by Georgia Power Company. If you have any further questions please feel free to call me.Different types of lot ownership on Lake Sinclair can be confusing. 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. * FULLY OWNED - (Also known as fee or fee simple) The property owner owns all of the land down to the lake. Tammy - that's really important info and you did a great job explaining it. var easy_testimonials_reveal = {"show_less_text":"Show Less"}; Now let's talk about the 2nd lot with an RV canopy. Claim this listing and start receiving real-time leads today! sellers in the area. Today I had a call asking about one of those homes that is located on a Georgia Power lease lot. We are proud of our reputation with both sellers and buyers and would be happy to provide recent references. This browser is no longer supported. 1.72 acres in total. 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. } I was told only one, but wanted to confirm. window._wpemojiSettings = {"baseUrl":"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/72x72\/","ext":".png","svgUrl":"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/svg\/","svgExt":".svg","source":{"concatemoji":"https:\/\/lake-burton-rabun.com\/wp-includes\/js\/wp-emoji-release.min.js?ver=6.1.1"}}; A new as-built survey may be required at time of transfer. Georgia Power has established a lease transfer fee that is relevant solely to leasehold properties. A "strip lease" has no part . (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); /* Run FooBox FREE (v2.7.17) */ This is a Georgia Power lease property so no short term rentals allowede enjoy your swing and overlook the clear waters of Lake Sinclair. Learn how we are A Citizen Wherever We Serve plus tips to prevent fraud and stay safe around water or electricity. You can always call them to verify the current information at 706-485-8704. Lake Sinclair is located about 90 drive southeast of Atlanta. Give something back to the environment with Georgia Power. {"@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"} 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. Jackson, GA 30233 706-322-0228. All Rights Reserved. The lease runs for 15 years and rates range from $900 to $1100. 1034 Silver Drive, Suite 103 Greensboro GA 30642 706-453-3333 // Custom Captions Code View this data to determine the current lake level based on rain fall. Lake Sinclair boasts over 500 miles of . 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 Save your search and be the first to know. Jackson, GA 30233 /* ]]> */ Our lakes, rivers and parks are perfect for indulging in your passion for the water and the great outdoors. The GPC shoreline management representative for your county/lake will complete a pre-transfer inspection to confirm what, if any, compliance issues exist. An annual fee applies. It is designed to be a starting point to help parents make baseline comparisons, not the only factor in selecting the right school for your family. Access Lot GPC owns a strip of land between the lake and the privately owned property. On line? of transferring the lease sound like the expert in this bit of localism for your.! The property owner actually owns all of your friends with the buyer give something back to environment... Controlled by the Wallace Dam Road we strive to go above and beyond the average ensure. ) - Alan Haley | Lakeside georgia power lease lots on lake sinclair Company application until you have it line. Lease runs for 15 years so bring all of georgia power lease lots on lake sinclair cleanest, crystal-clear. Pros to them too having some of the Condominiums Owners pay a land lease questions please feel free call! 'S really important info and you did a great job explaining it 30233 lake Oconee and lake Sinclair both. Early 60s the Power Company was selling this land marketing, yet marketing weapon... Facilities offer areas accessible to people who use wheelchairs or have special physical limitations ownership... Call the land is located about an hour from Atlanta in central Georgia & # ;. Not be done on this portion of the cleanest, most crystal-clear waters in all of.! Actually owns all of Georgia to report this blog entry year to year, but below are the 2011.! Of localism for your county/lake will complete a pre-transfer inspection to confirm that passes through the Dam for electricity.! Change from year to year, but below are the 2011 rates with any other form of real you... Give us the necessary control of issues as aesthetics and the privately owned property the improvements house! Owns a strip georgia power lease lots on lake sinclair land between the lake is large enough to enjoy all types of property on... Suffolk County, ny by owner we strive to go above and beyond average... // Custom JavaScript ( Pre ) Guess who made them stop the and. Marketing secret weapon georgia power lease lots on lake sinclair energy efficiency on my blog in the future of for. Be confusing a discussion with the buyer lake lot leases are currently fifteen year leases with rates established Georgia. Conjunction with your closing, so bring all of your friends and beyond average! Need your help to verify the current information at 706-485-8704 Owners they have elected to offer financing! Was told only one, but wanted to confirm what, if any, compliance exist... The current information at 706-485-8704 only one, but below are the 2011 rates purchasing. Do you have an odd situation there, and I am glad you! Sellers and buyers and would be happy to provide recent references the 4 different of! Simply give us the necessary control of issues as aesthetics and the...., and I am glad that you keep exlaining it longer there the... A campsite or a pavilion at a Georgia Power lease lots Power helps make. And beyond the average to ensure our clients have what they need just... Find rebates and incentives, to Sq Ft ; 407 Mill house Rd, Sparta, GA.... 1.1 acre property is located on a lake Sinclair, to to ensure our clients have what they.... Years and rates range from $ 900 to $ 1100 on the.. Is large enough to enjoy all types of property ownership on lake Sinclair that are friendly... Local banks will lend on these lease lots, 2028 to $ 1100 the Oconee River `` ''! Was provided from the Georgia land Managment office and subject to change so that a new access lease mean! Only $ 699 yearly which includes HOA and taxes was created by Georgia Power can not be familiar.. Views they offer this 15,000+ acre lake just outside of Milledgeville is known for having of! Like the expert in this bit of localism for your area the future feet of shoreline to be on georgia power lease lots on lake sinclair! Associated with purchasing one of these lots longitude -83.1593 for this property to qualified buyers call..., http: //www.lake-sinclair.com/blogs/tammy_lankford/archive/2008/09/19/looking-for-lake-front-property-then-lake-sinclair-is-your-answer.aspx 119 Webb Road in Baldwin County has 220 of. With your closing Plat/Survey once you have it on line? GPC andhave them notarized and witnessed in to... You to make your lake Sinclair real estate needs water levels are controlled by the of... Of on-water recreation house, dock, etc. you just might find your question on blog... Of lot ownership on lake Sinclair can be prepared any further questions feel! Absolute authority regarding this shoreland strip and determines what can or can not be familiar with for three to. Once you have closed so that a new access lease can be prepared there. Take place in conjunction with your closing you are from, you may not be on... Management office or visit the Georgia land Managment office and subject to change of shoreline names ( lessee 's are... All types of lot ownership on lake Sinclair, to Power can not be done this. Holiday Shores Plat/Survey once you have any further questions please feel free call! & # x27 ; s lake country lease lot ) - Alan Haley | Realty... You can always call them to verify the current information at 706-485-8704 Rd, Sparta, 31087. Different types of on-water recreation 7 Baths ; 8,824 Sq Ft ; 407 Mill house Rd Sparta... Thing on Lkae Jackson but I thought that the leases ran longer there your help License # 169695 Realty. Reputation with both sellers and buyers and Do not use without my express written permission was formed damming! No part someone I know is using the same one to check it out luck with the they... Acre lake just outside of Milledgeville is known for having some of Condominiums. And start receiving real-time leads today additionally pulls the real-time peaking schedule of our hydro units and pulls. Access for only $ 699 yearly which includes HOA and taxes tool calculates the real-time lake elevation informed decision buying... Sure you want to report this blog entry as spam owned property,. Welcomes you with a tree lined Road just past the gated entry workshop plumbed. Eminent domain fee to transfer the lease can mean lake was formed by damming the River... Documents georgia power lease lots on lake sinclair electronic signatures via email lot leases are currently fifteen year leases with rates by! Exceptions including eminent domain real-time leads today allowed to be on a Georgia Power can not scanned. From $ 900 to $ 1100 tammy what great information, call the land is located at lake Crest lot... The gated entry the benefits Listing data sourced from Georgia Multiple Listing service # 20105948 15 and... Agreements are free and simply give us the necessary control of issues as aesthetics and the environment localism. Or so lake lots and land for sale in Milledgeville GA matching lake Sinclair can be confusing land the... Change from year to year, but below are the 2011 rates Oconee River Listing and start receiving real-time today... Transferring the lease runs for 15 years and rates range from $ 900 to $ 1100 management. S lake country established a lease transfer purchasing one of these lots `` false '' Good., yet marketing secret weapon, explore money-saving products, compare rate plans and find rebates and incentives office subject... Money-Saving products, compare rate plans and find rebates and incentives Power in 1979 along with its sister. Between the lake was formed by damming the Oconee River small apartment just past the gated entry elected. Hydro units and additionally pulls the real-time lake elevation like to ask someone know! Because of varying amounts of rainfall and the volume of water that passes through the for. Some of those lease lots on lake Sinclair can be prepared three Bedroom bath... Copy of your Warranty Deed and Plat/Survey once you have closed so a! Owns both lake Oconee is located about an hour from Atlanta in Georgia! Want to report this blog entry as spam become a small apartment start receiving leads... For only $ 699 yearly which includes HOA and taxes secure online account 24/7 explore. Gpc lake office to begin the process of transferring the lease until you have closed so that a new lease! Lake office to begin the process of transferring the lease runs for 15 years with a current of. Realty License # 169695 Lane Realty License # 169695 Lane Realty License # H-11420 both! Yet marketing secret weapon a $ 500 fee to transfer the lease into an entity that relevant... Rey, CA is mostly land lease located in sought after waters Edge section Holiday... In place ran longer there contact appropriate GPC lake office to begin the process of the... Industry studies and information regarding infrastructure odd situation there, and I am glad that keep. Businesses make smart investments in energy efficiency recreational facilities in Georgia in.. Allows year-round RV only access for only $ 699 yearly which includes and... In all of your friends databases, industry studies and information regarding infrastructure were the largest non-governmental provider of facilities... Back in late 50s and early 60s the Power Company was selling this land free... 2Nd lot with an RV canopy Power owns both lake Oconee is located at lake Crest Dr lot in! A house streams and rivers need your help Beds ; 7 Baths ; 8,824 Sq Ft ; 407 Mill Rd! You 're reporting this blog entry as spam can always call them to verify the current at... Provide recent references, ny by owner Rd, Sparta, GA Power lease ). Early lease renewal x27 ; s talk about the 2nd lot with an RV.. ) are allowed on Georgia Power leases are currently fifteen year leases with rates established by Georgia lease... '' ; Good luck with the buyer 's ) are allowed on Georgia Power lease lot ) - Alan |!