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1323 Little Shuswap Lake Road
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1323 Little Shuswap Lake Road $149,500
$149,500
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1323 Little Shuswap Lake Road
Chase, British Columbia V0E1M2

MLS® Number: 10348473

Listing 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! (38680329)

Property Summary

Property Type
Vacant Land
Building Type
Other
Neighbourhood Name
Chase
Title
Leasehold/Leased Land
Land Size
0.39 ac|under 1 acre
Annual Property Taxes
$2,041.02
Time on REALTOR.ca
31 days

Price and Sale History

Date Status Price
Jul 9, 2018 Sale Closed $387,500
Jun 24, 2018 Sale Closed $387,500

Building

Building Features
Features
Private setting
Utilities
Utility Type
Cable (At Lot Line), Electricity (At Lot Line), Telephone (At Lot Line), Water (Available)
Utility Sewer
No sewage system
Water
Lake/River Water Intake
Neighbourhood Features
Community Features
Pets Allowed, Rentals Not Allowed
Amenities Nearby
Golf Nearby, Recreation

Land

Lot Features
Road Type
Paved road
View
River view, Lake view, Mountain view, Valley view, View of water, View (panoramic)
Other Property Information
Zoning Type
Residential
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6

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