$89,500

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 after many 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. 29 years remain of a solid 49-year lease. The 0.53 acre is an epic one and ready to build on! Enjoy 100' of prime water frontage with a sandy beach, buoy, existing concrete and pavement work, fencing, and a bright sunny exposure. This lot has gone through all of the Archaeological requirements that allow you to simply apply for a building permit. Cool down in the refreshing water of Little Shuswap Lake during those 35-degree plus days. These periodic lease lots 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 been 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 in 2054. With that said, this is not a guarantee. Annual lease fees are currently $13,250 and these fees get reviewed every 5 years, the last review was in 2025. Be sure to book your appointment to view this one today, you won't be disappointed! (id:64343)

Property Details

MLS® Number	10383450
Property Type	Vacant Land
Neigbourhood	Chase
Amenities Near By	Golf Nearby, Recreation
Community Features	Family Oriented, Pets Allowed
Features	Level Lot, Private Setting
Road Type	Paved Road
View Type	Lake View, Mountain View, View Of Water, View (panoramic)

Building

Type	Other
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Golf Nearby, Recreation
Landscape Features	Landscaped, Level
Sewer	Septic Tank
Size Frontage	100 Ft
Size Irregular	0.53
Size Total	0.53 Ac|under 1 Acre
Size Total Text	0.53 Ac|under 1 Acre
Surface Water	Lake

Utilities

Cable	Available
Electricity	At Lot Line
Telephone	At Lot Line
Water	At Lot Line

https://www.realtor.ca/real-estate/29644045/1497-little-shuswap-lake-road-chase-chase