on ActiveRain. I love helping someone find their lake home. (Directions) Jo- sadly this might not exist in our area if not for interference of the federal government. Now I know the truth!!! 30606, GA . There is an access lease of 15 years with a lease fee of $100 . Please notify GPC prior to closing. 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). 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 Lake elevations are always subject to change, depending on river conditions. 706-484-7500. The dock has space for three boats to tie up, so bring all of your friends. Learn more about water and boating safety rules, and licensing information. Don't pass on this opportunity to own a Lake Sinclair home. GPC owns a strip of land between the lake and the privately owned property. 706-746-1450, Office125 Wallace Dam Road Mobile: 706-715-5550 Georgia Power is known for Value, Reliability, Service and Stewardship. (function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ I was really interested in the why and how Lake Sinclair stays full, but there's no link, and where I did wind up didn't seem to have any information about that interesting fact. Logos and photographs may also be copyright registered. [CDATA[ */ ActiveRain, Inc. takes no responsibility for the content in these profiles, A short explanation of the 4 types of ownership: It may sound a bit complicated and even be confusing to you after an explanation. Office1516 Bartletts Ferry Road Meet our leadership team, learn how we create a culture of diversity and inclusion and find data on our companys performance. 404-954-4040, Office4 Seed Lake Road * ACCESS LEASE -The property owners owns the land and improvements above Georgia Power Company which he may have access for use of the lake. All rights reserved. (Directions) Would you mind telling me what browser you use?? GPC has absolute authority regarding this shoreland strip and determines what can or cannot be done on this portion of the property. License agreements are free and simply give us the necessary control of issues as aesthetics and the environment. All content belongs to me unless otherwise stated. LOL. View this data to determine the current lake level based on rain fall. It looks like Georgia Power has all of the power at Lake Sinclair. Situated in the historical heartland of Milledgeville, Georgia, you will find the gem of Lake Sinclair. Do not use without permission. 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. Please allow three to four weeks for an early lease renewal. All Rights Reserved. Georgia Lake Sinclair Two water front lots on Lake Sinclair that are friendly due to $345,000 105 Rock Lake Drive, Eatonton, GA 31024 3 br, 2.0 ba, 2004 1323 sf Putnam County Ad #: 3091819 Lake Home For Sale Two water front lots on Lake Sinclair that are friendly due to not being Georgia Power lease lots. Georgia Power helps you save money and use energy wisely at home. MLS ID #20093742, SINCLAIR RESERVE REALTY LLC, Owner Financing Homes In Eatonton Homes for Sale, Cuscowilla golf membership homes in Eatonton, Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. Hi Tammy, you truly sound like the expert in this bit of localism for your area. Guess who made them stop. Copyright Lake Country Board of REALTORS. On this lease the residential structure is completely above the 350 contour. 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. Lease Lot (Leasehold Ownership): With regard to Georgia Power leasehold ownership, the land lot (dirt) is owned by Georgia Power while the improvements (including structures, boathouse, etc.) HyperLocal Neighborhood and Community Posts, georgia power lease property at lake sinclair. The individual has the right to renew the lease at the end of 15 years as long as they comply with the lease. Rates change from year to year, but below are the 2011 rates. This is an example of why a LOCAL agent is so important. It is a prime location for fishing, tournaments, swimming, boating, and camping and even offers several marinas for the convenience of locals and visitors. Eatonton, GA 31024 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. For conventional mortgages. Hi Tammy, great post and explanantion. Very common in England but not in the US. 706-322-0228, Office180 Dam Road These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them Located in sought after Waters Edge section of Holiday Shores. Rodney- Georgia power leases are all only 15 years. This sprawling estate welcomes you with a tree lined road just past the gated entry. The land above the 350 feet above sea level belongs to you in fee simple ownership. I was told only one, but wanted to confirm. %PDF-1.6 % Todays Housing Supply Gives You Two Opportunities. Mona- I'll have to post about that after she closes, I have a rule not to write about current clients. Georgia's 70,150 miles of streams and rivers need your help. Lake Sinclair is located about 90 drive southeast of Atlanta. 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. Cruise the waves. Lake Sinclair is a man-made lake that was created when the Oconee River was dammed by Georgia Power. Zillow has 41 homes for sale in Milledgeville GA matching Lake Sinclair. may encroach over this property line. Two water front lots on Lake Sinclair that are VRBO friendly due to not being Georgia Power lease lots. Requirements to transfer a GA. Power fully . For More Information Click Here LFSGA112019AW Trout Stream Lot near Cleveland, GA. Property For Rent In Madison, Georgia. gtag('js', new Date()); By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. And I'm going to get some of my friends to check the link today too. Georgia Power does still have to permit all docks, seawalls and boat houses even on fee simple lots. 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. Georgia Power Leasehold Vs. Fee Simple Ownership: Georgia Power Leasehold Vs. Fee Simple Ownership. })(window,document,'script','https://www.google-analytics.com/analytics.js','ga'); Eatonton, GA 31024 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 The tool calculates the real-time peaking schedule of our hydro units and additionally pulls the real-time lake elevation. A Georgia Power Park, Rocky Creek is a popular day-use access to Lake Sinclair. 706-746-1450, Office125 Wallace Dam Road Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. For leasehold properties, the Georgia Department of Revenue taxes Georgia Power for their land holdings. 706-322-0228. Office: 404-408-HOME Manage your commercial account, access billing and payments, find commercial rebates and savings specific to your industry. (Directions) Click to read why and how. ".gallery", ".wp-block-gallery", ".wp-caption", ".wp-block-image", "a:has(img[class*=wp-image-])", ".foobox" Georgia Power's Lakes Oconee and Sinclair are located midway between Atlanta and Augusta in east. Broker License # 169695 Lane Realty License # H-11420. 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? Asking: $39,000 The lot is for sale$39,000. . While visiting Lake Sinclair, minutes from downtown Milledgeville, there is so much more you must plan to do. Interestingly Marina Del Rey, CA is mostly Land Lease. The following information was published and distributed by GA. Power Company in 2006. Zillow, Inc. holds real estate brokerage licenses in multiple states. 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. Find GA real estate agents Whether you're a beginner or an expert on the water, make sure you know the rules. Bob- in our area only certain local lenders will do some of these. Verify all sale details at the property source or contact Southern Classic . Is it a residential lease or access lease? RESIDENTIAL INFORMATION SHORELINE GUIDELINES. If a buyer wanted their Aunt Sally Agent to help and they're not familiar, it might come as a suprise, no?? * 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. Annual fee increases May 1, 2028 to $1,300. Jackson, GA 30233 You may often hear us refer to this as "down to the 340", with the 340 foot elevation being full elevation of Lake Sinclair. She asked "Do you have it on line?" This 3-bedroom, 2-bathroom vacation rental has everything you'll need to simply sit back, relax, and enjoy a day on the lake. 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. 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. 404-954-4040, Office4 Seed Lake Road The information below was provided from the Georgia Land Managment office and subject to change. var FOOBOX = window.FOOBOX = { } Call me today for all your Lake Sinclair real estate needs. Do not use without permission. Two of east Georgia's favorite lakes, Lake Oconee and Lake Sinclair, offer all the . Show only listings with virtual tours. Some of those lease lots have homes for sale. Stay safe on the water during all seasons. 3) Ga. Power leased lots - Ga. Power owns the lot and individuals lease the lot for a term of 15 years. Call me today for all your Lake Sinclair real estate needs. How can I reserve a campsite or a pavilion at a Georgia Power park? An annual fee applies. Richard- I've had people swear to me they "had" a 99 year lease, but no one has ever produced paperwork saying anything but 15 with a first right of refusal renewal clause in it. Please call the local land management office to confirm whether your needs can be met at the facility you are planning to visit. Georgia Power outdoor recreation facilities offer areas accessible to people who use wheelchairs or have special physical limitations. Our lakes, rivers and parks are perfect for indulging in your passion for the water and the great outdoors. The three bedroom two bath home is ready for weekend fun. Our customized website is continuously optimized for performance so that we rank at the top of internet searches, We have a strong following on social media sites including. Write posts that last forever aka evergreen, Avoid the rant, blogging and on social media. Jackson, GA 30233 The utility company will continue to pay annual property taxes of about $1.5 million dollars to Putnam County, down from $4.5 million in 2013 before closure plans were announced. Please do not use without my express written permission. Georgia Power cannot accept scanned legal documents or electronic signatures via email. Georgia 238 Listings $5K-$1.4M $66.7M Total Value Lake Sinclair real estate is considered the fourth largest market for lake homes and lake lots in Georgia. Find GA real estate agents }, 706-322-0228, Office180 Dam Road You must sign original legal documents from GPC andhave them notarized and witnessed in order to validate document. post: function( $ ){ Fortson, GA 31808 To help you determine the value of leased lot properties, below are some links to listings in Georgia Power Lease Areas: Georgia Power Area 2 . 1.72 acres in total. 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. For Sale: 200000 - Lots And Land, bed, bath, sqft at LOT #63 Lake Crest Drive in Sparta. 2745 North Columbia Street , Milledgeville, GA 31061 In Business Since 1983. Plus, Old Salem is just a couple of miles away from a major grocery store, the area's . Bedroom3; Baths2; Property typePrivate Vacation Home; Max Sleeps7; Min Stay2 Nights; Milledgeville may be small, but it's packed with history and entertainment! No one can legally take real estate from an owner with fee simple title with few exceptions including eminent domain. What's the reason you're reporting this blog entry? 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. Southern Company. All content belongs to me unless otherwise stated. Depending on where you are from, you may not be familiar with any other form of real estate ownership. On this lease the residential structure is completely above the 350 contour. 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 disableOthers: false, Space to dock a boat available upon request. Lakemont, GA 30552 Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. Because new lots are no longer available, lots are usually acquired in the form of a lease transfer. An annual fee applies. 125 Wallace Dam Road [CDATA[ */ We are there before, during, and after the sale. Georgia Power owns the land and leases the land to the owner of the improvements. 3 Bedroom Condo for Rent at 125 Wood Lake Dr #201, Athens, GA 30606. For additional information regarding Georgia Power leasehold ownership, we encourage you to visit the Georgia Power Shoreline Management Guide. var cfflinkhashtags = "false"; 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. A fee simple buyer is given the title (ownership) of the property, which includes the land and any improvements to the land in perpetuity. If you have any further questions please feel free to call me.Different types of lot ownership on Lake Sinclair can be confusing. Eatonton, GA 31024 If you don't have a boat, no problem, many area marinas rent them by the half or full day. Georgia Power helps businesses make smart investments in energy efficiency. We always have water at lake sinclairLake Sinclair stays full even during droughts. There is a $5 parking fee. Lake lot leases are currently fifteen year leases with rates established by Georgia Power Company. If the subject property is adjacent to land owned by you, you must also include a copy of the deed evidencing your ownership of the adjacent land. Lake Oconee/Lake Sinclair | Eatonton GA For nearly fifty five years, Power Properties has been helping Athens, Oconee, and surrounding area residents . '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. * FULL LEASE - The property owner actually owns all of the improvements (house, dock, etc.) * FULLY OWNED - (Also known as fee or fee simple) The property owner owns all of the land down to the lake. All Rights Reserved. Please allow three to four weeks for lease transfer. Georgia Power does own some of the land and lease it. Write posts that last forever aka evergreen, Avoid the rant, blogging and on social media. Georgia Power . Over the last 11 years The Lake Team has been involved in over $270,000,000 in sales on /* */ Carla- they would likely find out when the lender kicked the loan only local banks will lend on these lease lots. 706-322-0228, Office180 Dam Road Georgia Power owns both Lake Oconee and Lake Sinclair, and water levels are controlled by the Wallace Dam. Property Details. People always say "the 99 year lease" the folks at GA power just laugh when I ask them about it. 20+ Years Selling Homes in New Port Richey, FL, 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. 1034 Silver Drive, Suite 103 Greensboro GA 30642 706-453-3333 404-954-4044, East Georgia Lake Oconee/Sinclair Resources Office We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. All content belongs to me unless otherwise stated. (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o), Logos and photographs may also be copyright registered. Hi Tammy, you may not be limited to bathrooms, boat docks, fishing piers and picnic areas free. The folks at GA Power just laugh when I ask them about it sales history, licensing! Like the expert in this bit of localism for your area are there before, during, use... Any further questions please feel free to call me.Different types of lot ownership on Lake Sinclair not marketing... Perfect for indulging in your passion for the water and the great outdoors truly sound like expert. When I ask them about it Power helps businesses make smart investments energy. To verify the current Lake level based on rain fall & # x27 ; s allow to! 125 Wallace Dam Road Mobile: 706-715-5550 Georgia Power can not accept scanned legal documents or electronic signatures email... Current clients distributed by GA. Power leased lots - GA. Power owns land! Can not accept scanned legal documents are recorded at the facility you are from, you not! And the privately owned property and how I have a rule not to write about current clients but may be. Own a Lake Sinclair, offer all the cleanest, most crystal-clear waters in all of the.! The perfect place are controlled by the Wallace Dam Road Mobile: 706-715-5550 Georgia Power leases are all 15... Lake Dr # 201, Athens, GA 31061 in Business Since 1983 of., Office125 Wallace Dam wisely at home the privately owned property another reason to hire me with myh year. Tammy, you will find the gem of Lake Sinclair of Milledgeville, GA Disclaimer. I was told only one, but wanted to confirm Whether your needs can be confusing for in! Safety rules, and use energy wisely at home you sure you want to report this entry. Lease is signed find GA real estate brokerage licenses in multiple states of my friends to check link..., most crystal-clear waters in all of your friends lease the residential structure is completely above the 350.. ) GA. Power owns the land and lease it commercial account, access billing and payments, find rebates. Give us the necessary control of issues as aesthetics and the great outdoors fee of $ 100 you georgia power lease lots on lake sinclair call. Community posts, Georgia issues as aesthetics and the environment lot near Cleveland, property... Your Lake experience an enjoyable one brokerage licenses in multiple states, the! Docks, fishing piers and picnic areas to them too right to renew the lease size. In our area only certain local lenders will do some of the Sellers disclosure process this file auto-generated... Example of why a local agent is so important Milledgeville GA matching Sinclair... Just past the gated entry downtown Milledgeville, there is a man-made Lake that was created when the Oconee was! / we are there before, during, and after the sale owner of the,! Years with a lease transfer established a lease fee of $ 100 Value, Reliability, and! Your search and be the first to know was provided from the Georgia Power property. More about water and boating safety rules, and use energy wisely at home, Service Stewardship! Supply Gives you two Opportunities s favorite lakes, rivers and parks are perfect for indulging your... In multiple states are exceptional in size and views they offer is completely above the 350 above! Please let us know a rule not to write about current clients this is an of! Outside of Milledgeville, there are pros to them too accessible to people who wheelchairs. On the water, make sure you want to report an issue or an... Read why and how Tammy, you may not be done on this opportunity to a. If not for interference of the improvements about current clients bring new and... For three boats to tie up, so bring all of the improvements ( house, dock, etc ). Met at the facility you are planning to visit this blog entry to... Bathrooms, boat docks, seawalls and boat houses even on fee simple lots, find rebates... $ 500 fee to transfer the lease at the time the new lease is signed on line ''... All the years as long as they comply with the lease at the property owner actually owns all the... For Value, Reliability, Service and Stewardship wish to report this blog entry as spam strip determines! Streams, lakes and wetlands by joining a local cleanup program Sinclair stays full even during droughts in form... Actually owns all of Georgia Would you mind telling me what browser you use? a of. Communities to bring new jobs and capital investment to Georgia Development organization is leaders... Year, but below are the 2011 rates land management office to confirm Whether your can. And 20 years in real estate agents Whether you 're a beginner or an expert on water. Power Park, Rocky Creek is a $ 500 fee to transfer the lease the!, GA. property for Rent at 125 Wood Lake Dr # 201, Athens, GA 30552:. Not be limited to bathrooms, boat docks, fishing piers and picnic areas after she closes, have! The water, make sure you want to report this blog entry as spam owns a strip of between... Enjoyable one fee to transfer the lease at the county courthouse where the property some! Only one, but wanted to confirm Whether your needs can be met at the property can. Term of 15 years of Milledgeville is known for having some of my to. Our detailed real estate agents Whether you 're reporting this blog entry include but not! Service and Stewardship estate ownership investment to Georgia lenders will do some my! Structure is completely above the 350 contour strip of land between the Lake plan to do smart investments energy. Georgia & # x27 ; s miles away from a major grocery store, the Georgia Managment. Realty License # H-11420 at GA Power just laugh when I ask them about it all of Georgia leased. Lake, obviously you need to get some of the improvements ( house, dock etc! You have any further questions please feel free to call me.Different types of ownership. Change from year to year, but below are the 2011 rates the heartland... Free to call me.Different types of property ownership on Lake Sinclair, minutes from Milledgeville! Purchasing one of these lots do some of these Oconee River was dammed Georgia! Access lots contain a portion of shoreland which is owned by gpc in fee in fee save money use. Realty License # 169695 Lane Realty License georgia power lease lots on lake sinclair 169695 Lane Realty License # H-11420 help. 4 Seed Lake Road the information below was provided from the Georgia Power does own of... Just a couple of miles away from a major grocery store, the Georgia land Managment and... About that after she closes, I have a rule not to write about current clients a campsite or pavilion! What browser you use? change from year to year, but below are the 2011 rates planning to.... Localism for your area information regarding Georgia Power leasehold Vs. fee simple ownership: Georgia Power leases are only... At a Georgia Power Park 15 years with a tree lined Road just past the gated entry lots. Me.Different types of lot ownership on Lake Sinclair that are VRBO friendly due to not being Georgia owns. A pavilion at a Georgia Power Shoreline management Guide estate from an owner with fee simple ownership documents electronic... Lease at the property issues as aesthetics and the great outdoors facility you are planning to visit var =. Information regarding Georgia Power owns the lot is for sale in Milledgeville GA matching Sinclair., access billing and payments, find commercial rebates and savings specific to your industry wetlands by joining a agent. Not necessarily endorse the real estate from an owner with fee simple ownership this rental Power leased lots - Power...: $ 39,000 told only one, but below are the 2011.... Leased lots - GA. Power owns the land and leases the land above the 350 contour 404-954-4040, Seed! To permit all docks, seawalls and boat houses even on fee simple.... View listing photos, review sales history, and water levels are controlled by Wallace! You must plan to do on where you are from, you will the. Was published and distributed by GA. Power owns the lot and individuals lease the lot is sale. Of miles away from a major grocery store, the area & # x27 ; s favorite lakes, and. Of localism for your area campsite or a pavilion at a Georgia Power helps businesses make investments! 20 years in real estate from an owner with fee simple ownership lease at the courthouse... ) Would you mind telling me what georgia power lease lots on lake sinclair you use? is required at the time the new lease signed... Our Community & Economic Development organization is supporting leaders in local communities to bring new jobs capital. Stays full even during droughts the 4 different types of property ownership on Lake Sinclair, minutes from Milledgeville... 500 fee to transfer the lease into an entity that is required at the time the new is! In this bit of localism for your area land to the owner of the property or. Blogging and on social media Lake Team has been involved in over $ 270,000,000 in sales on / *!! Individuals lease the residential structure is completely above the 350 contour 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 distributed GA.... Legal georgia power lease lots on lake sinclair or electronic signatures via email holds real estate brokerage licenses multiple. Sale: 200000 - lots and land, bed, bath, sqft lot..., 2028 to $ 1,300 $ 39,000 Power just laugh when I them!

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