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1419 Little Shuswap Lake Road | $499,500
Paul Grewal Agent Photo
Paul
Grewal
Crush Real Estate Group
 P. (778) 476-7778
 Phone Paul https://crushrealestate.ca/
CHAMBERLAIN PROPERTY GROUP
104 - 399 Main Street
 Penticton, BC
 Canada V2A 5B7

Details

%
Years (35 year max)
Years



Address 1419 Little Shuswap Lake Road
AreaSouth East
Sub AreaChase
State/ProvinceBritish Columbia
CountryCanada
Price$499,500
Property TypeLots/Acreage
TitleLeasehold
Bedrooms0
Bathrooms0
Lot Size0.63 Acres
Taxes $1,495
Tax Year2024
MLS® #179955

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.

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About

Born and raised in Penticton, Paul spent his childhood summers working with his family on their Naramata orchard.

After high school, Paul tackled his first agricultural project – his own 18-acre orchard on the Naramata Bench. Paul’s passion was ignited and he has remained true to that passion, becoming a local expert in orchard and vineyard properties.

Earlier in his career, with a degree in business and a focus on marketing, he integrated another passion, riding. With the help of a good friend, Freedom Bike Shop was born. After more than a decade selling, riding and fixing bikes, Paul met amazing people with even more amazing stories of how the little shop impacted their lives. Cycling is a focal point of Paul’s life.

Paul’s is a diverse real estate agent – able to work comfortably with home buyers, talk intelligently about orchards, vineyards and wineries, and understanding the complexities of commercial real estate and business sales. He has lived it all and understands real estate from the inside out.

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