$99,500
1387 Little Shuswap Lake Road, Chase
Chase, Chase, BC V0E1M2
Lot / land
Listed by Riley & Associates Realty Ltd. · Kent Redekop
Waterfront home — see every Vernon-area waterfront listing.
About this property
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. 29 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. There may be a cost associated with attaining the AIA report from the band when the building has been finalized on the lot. Annual lease fee is $15,052. The next rent review will be in 2029 for a 2030 start. This parcel is one of the nicest lots on Little Shuswap lake, wow! Almost a football field in size, this gem has all the room you are ever going to need. With Southern exposure for maximum sun plus a small pebble beach with medium deep water, this baby meets all the important requirements when considering your parcel of land on the Shuswap. From here you'll have direct access to all that the Shuswap has to offer including world class boating, hiking, biking, wining & dining at Jack Sam's Restaurant and golfing at Talking Rock golf course. Please note that this must be an all-cash purchase seeing as periodic lease properties are not CMHC approved. Any potential buyer must know that they must build on this lot within an acceptable amount of time, 2 years maybe, and the buyer will be responsible for paying the costs associated with rebuilding. Come and see this baby today! (id:67417)
Property details
- Price
- $99,500
- MLS® number
- 10377940
- Property type
- Lot / land · Other · Vacant Land
- Ownership
- Leasehold
- Lot size
- 0.54 acres · 0.54
- Annual taxes
- $1,636
- Community
- Chase, Chase
Features
- View
- Lake view, Mountain view, Valley view, View of water, View (panoramic)
- Waterfront
- Waterfront on lake
- Water
- None
- Utilities
- Electricity, Cable, Telephone
Listing information is provided by Riley & Associates Realty Ltd. through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-09-30.
