P. (778) 622-3446
Phone Lyndi lyndi.cruickshank@evrealestate.com lyndicruickshank.evrealestate.com
467 Main Street
Penticton, BC
Canada V2A 5C4
Details
Address | 1419 Little Shuswap Lake Road |
Area | Outside Board Area |
Sub Area | CH - Chase |
State/Province | British Columbia |
Country | Canada |
Price | $499,500 |
Property Type | Residential Lot |
Lot Size | 0.63 Acres |
Waterfront | Yes |
Taxes | $1,495 |
Tax Year | 2024 |
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.
Location
About
Lyndi Cruickshank
Managing Broker, License Partner
Personal Real Estate Corporation
With a background in Marketing and Contract Negotiations, it is an honour to use my skills and passion for Real Estate as I continue into my 15th year as a REALTOR® and as a Managing Broker of Engel & Volkers South Okanagan. As a top, award winning Realtor, I have a reputation for providing superior results. Trained and Certified as a Master Certified Negotiation Expert, I am Committed to the success of every client I work with.
Currently I serve my profession in Real Estate as Vice President of the Association of Interior Realtors. While President of the South Okanagan Real Estate Board, in 2020, I was a part of the exciting work done to see two Interior Real Estate Boards merge, creating a more efficient and client focused experience for people wishing to purchase and sell property within the greater Okanagan region. My work with the South Okanagan Real Estate Board also included; Chair of the Membership Services and Education Committees and Co-Chair of the Professional Standards Committee. Having also served as an Alternate Director for the Regional District Okanagan Similkameen for 10 years and Chair of the Area F Park Commission for over 7 years, I believe strongly in giving back to my community.
Raised in the Okanagan, it was my dream as an adult to return to our beautiful valley. Having called Penticton home now for over 17 years, not a day goes by that I don’t appreciate all that our community has to offer. With 2 wonderful kids, Garrett and Madi and my husband John, we can often be found enjoying a weekend on the water in the summer and most often spend time during the winter enjoying all that Apex Mountain Resort has to offer.
My most important role in Real Estate is to help my clients make their property purchase or sale a positive and successful experience. I am excited to help get your home sold!