36
See all 36 photos
$99,500
Est. payment /mo
0.54 Acres Lot
Active
1387 Little Shuswap Lake Road Chase, BC V0E1M2
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Key Details
Property Type Vacant Land
Sub Type Leasehold/Leased Land
Listing Status Active
Purchase Type For Sale
Subdivision Chase
MLS® Listing ID 10377940
Lot Size 0.540 Acres
Acres 0.54
Property Sub-Type Leasehold/Leased Land
Property Description
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:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N Yes
View Lake view, Mountain view, Valley view, View of water, View (panoramic)
Attached Garage No
Garage No
Private Pool No
Others
Ownership Leasehold/Leased Land
Virtual Tour https://kentredekop.com/mylistings.html/listing.10377940-1387-little-shuswap-lake-road-chase-v0e-1m2.107989713/videos
Listed by Riley & Associates Realty Ltd.
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Erin Sims
Agent | REALTOR® | License ID: 187014
Agent | REALTOR® License ID: 187014