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1419 Little Shuswap Lake Road | $499,500
Stephen Janzen PREC * Agent Photo
Stephen
Janzen PREC *
C. (250) 460-6677
 P. (250) 493-2244
 Phone Stephen stewartgrouprealty.ca
ROYAL LEPAGE LOCATIONS WEST
484 Main Street
 Penticton, BC
 Canada V2A 5C5

Details

%
Years (35 year max)
Years



Address 1419 Little Shuswap Lake Road
AreaOutside Board Area
Sub AreaCH - Chase
State/ProvinceBritish Columbia
CountryCanada
Price$499,500
Property TypeResidential Lot
Lot Size0.63 Acres
WaterfrontYes
Taxes $1,495
Tax Year2024
MLS® #10320089

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 last year 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. 56 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!

Listed by RILEY & ASSOCIATES REALTY LTD.

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