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! (id:2493)
Data was last updated April 18, 2025 at 05:15 PM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$219,900
Min list price:
$99,000
Max list price:
$1,499,000
Avg days on market:
215
Min days on market:
8
Max days on market:
497
These statistics are generated based on the current listing's property type
and located in
Chase. Average values are
derived using median calculations.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.