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$149,500
Est. payment /mo
0.39 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Leasehold/Leased Land
Listing Status Active
Purchase Type For Sale
Subdivision Chase
MLS® Listing ID 10348473
Lot Size 0.390 Acres
Acres 0.39
Property Sub-Type Leasehold/Leased Land
Source Association of Interior REALTORS®
Property Description
Rare Opportunity! 49-year periodic Crown lease lot for sale on Little Shuswap Lake reserve land. The pre-existing cottage was lost in the Bush Creek fire and the owners have decided to let it go. 30 years remain of a 49-year periodic lease. The lot has been approved so that a building permit can be submitted; environmental done, required Archaeological Impact Assessment preparation has been complete. Annual lease fees are $14,734. The next rent review will be in 2029. The .39-acre lot must be purchased with all cash, no CMHC financing available here. Enjoy 100' of prime water frontage with a sandy beach, beautiful 'Sunbum' dock, buoy(s), and bright sunny exposure. Cool down in the refreshing water of Little Shuswap Lake during those 35-degree plus days. These periodic leases rarely come available, so you best take a close look at this one! From here you'll have direct access to 4-season action; world class boating, biking, hiking, golfing at Talking Rock & dining at Jack Sam's restaurant, simply epic. With a history of leasehold waterfront properties in the area, having offered multiple leases over time, there's a strong precedent already set that indicates the likelihood of securing a new lease or an extension to the current lease, when the time comes. With that said, this is not a guarantee. Be sure to gather more information, see more pictures, and watch an aerial drone video before booking your appointment to view this one, you will not be disappointed! (id:24570)
Location
Province BC
Zoning Residential
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features Pets Allowed, Rentals Not Allowed
View Y/N Yes
View River view, Lake view, Mountain view, Valley view, View of water, View (panoramic)
Private Pool No
Building
Sewer No sewage system
Others
Ownership Leasehold/Leased Land
Virtual Tour https://kentredekop.com/mylistings.html/listing.10348473-1323-little-shuswap-lake-road-chase-v0e-1m2.105733532/videos
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Listed by Riley & Associates Realty Ltd.