$349,500

1419 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! 75-year prepaid Crown lease lot for sale on Little Shuswap Lake reserve land. The pre-existing cottage was lost in the Bush Creek fire a couple years back and after 20 years of enjoyment, the owners have decided to let it go so that a young family will have their dreams of living on the waterfront become a reality. 54 years remain of a solid 75-year lease. The .63-acre lot is CMHC approved so financing is not a challenge. It’s important to note that there are zero rent payments associated with this property, saving serious money over time. Enjoy 100' of prime water frontage with a sandy beach, dock, buoy(s), and bright sunny exposure. Cool down in the refreshing water of Little Shuswap Lake during those 35-degree plus days. These prepaid 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 in 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 a compelling aerial drone video before booking your appointment to view this one, you will not be disappointed! (id:67417)

Property details

Price

$349,500

MLS® number

10382505

Property type

Lot / land · Other · Vacant Land

Ownership

Leasehold

Lot size

0.63 acres · 0.63

Annual taxes

$1,495

Community

Chase, Chase

Features

View

Lake view, Mountain view, River view, Valley view, View of water, View (panoramic)

Waterfront

Waterfront on lake

Lot

Private setting

Water

None

Sewer

No sewage system

Utilities

Water, Electricity, Cable, Telephone

Fencing

Not fenced

View on map