1493 Little Shuswap Lake Road

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 serious consideration, the owner has decided to let it go so that a young family will have their dreams of living on the waterfront become a reality. 27 years remain of a solid 49-year lease. The southwest facing lot offer fantastic sunsets nightly! Enjoy 100' of prime water frontage with a sandy beach. The bright and sunny .67-acre lot is totally flat and usable, tons of room to build. This lot has only had the debris removed and requires both environmental and archaeological reports completed. 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 extension to the current lease in 2054. With that said, this is not a guarantee. Annual lease fees are currently $14,098.00 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:14735)

Listed by Riley & Associates Realty Ltd..