Fortson, GA 31808 Please be aware that our shoreline guidelines are subject to revision based on changes to the shoreline management landscape, FERC discretion or other factors. Back in late 50s and early 60s the power company was selling this land. } 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. Some of those lease lots have homes for sale. 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. 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. 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). GPC owns the land/lot and lessee owns the improvements (dwelling, shoreline structures). Listing data sourced from Georgia Multiple Listing Service # 20105948. If you wish to report an issue or seek an accommodation, please let us know. There is a lease transfer fee associated with purchasing one of these lots. Rip Rap seawall with over 130 feet of water frontage. The three bedroom two bath home is ready for weekend fun. And having been born and raised in this area, I can also tell you where the best coves are for skiing and fishing. 3 Bedroom Condo for Rent at 125 Wood Lake Dr #201, Athens, GA 30606. Located in sought after Waters Edge section of Holiday Shores. This sprawling estate welcomes you with a tree lined road just past the gated entry. 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. You won't find any big hotels or resort along it's 417 miles of easy-going scenic shoreline. Do not use without permission. New public service announcement puts focus on simple water safety. All Rights Reserved. (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. Created by Georgia Power in 1953, Lake Sinclair is two hours southeast of Atlanta making it easy access for fishing, tournaments, swimming, boating, camping, and has several marinas for the convenience of visitors. So? that are written by the members of this community. Write posts that last forever aka evergreen, Avoid the rant, blogging and on social media. The lake is large enough to enjoy all types of on-water recreation. Quick Search: Our office's listings. Today I had a call asking about one of those homes that is located on a Georgia Power lease lot. 706-746-1450, Office125 Wallace Dam Road Give something back to the environment with Georgia Power. 180 Dam Road Over the last 11 years The Lake Team has been involved in over $270,000,000 in sales on More proof of why you need a local broker to assist with your lake purchase. [CDATA[ */ 706-322-0228. Central Georgia Lake Jackson Resources Office, East Georgia Lake Oconee/Sinclair Resources Office, West Georgia Bartletts Ferry Lake Resources Office, Electric Transportation Business Programs, Electric Transportation Charging Infrastructure, Selling to Georgia Power as a Qualifying Facility, Georgia Power Shares Energy Saving Tips on National Cut Your Energy Costs Day, Georgia Power Celebrates MLK Day as a day on with largest volunteer response on record, Georgia Power's Michael Anderson appointed to Chair of the Board of Saint Joseph's Health System, Tree Planting Tips to Help Cut Your Energy Costs, Georgia Power seeks recovery of fuel costs, Vogtle Unit 4 completes cold hydro testing, Georgia Power ranked #1 by J.D. Required fields are marked *. Lot has been cleared and has a temporary power pole in place. Meet our leadership team, learn how we create a culture of diversity and inclusion and find data on our companys performance. 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. All Rights Reserved. Eatonton, GA 31024 Since the lease is for 15 years, if you are seeking a mortgage, it will probably be limited to a 15 year term. that are written by the members of this community. 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 . 706-746-1450, Office125 Wallace Dam Road The information below was provided from the Georgia Land Managment office and subject to change. Jackson, GA 30233 Office1516 Bartletts Ferry Road All rights reserved. Can't imagine their joy if they found about this during closing. This comes from a commitment to the highest level of quality service to our buyers and sellers. 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. For more information, call the land management office or visit the Georgia Department of Natural Resources online. License agreements are free and simply give us the necessary control of issues as aesthetics and the environment. 404-954-4040, Office4 Seed Lake Road * FULLY OWNED - (Also known as fee or fee simple) The property owner owns all of the land down to the lake. Lakemont, GA 30552 Please advise. Are you sure you want to report this blog entry as spam? Logos and photographs may also be copyright registered. Lake lot leases are currently fifteen year leases with rates established by Georgia Power Company. /*