874026 325000 /en/lot~for-sale~lasqueti-island/874026?view=Summary /en/lot~for-sale~lasqueti-island/874026/photos 49.5029400000 -124.3796400000 true
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Acreage, Gated Community, Marina Nearby, Park Setting, Private, Quiet Area, Rural Setting, Southern Exposure, Walk on Waterfront, In Wooded Area
This breathtaking lot is located on Lasqueti Island, in the Shumak farm where you have the opportunity to build a cabin with a stunning view of the Georgia straight on your own exclusive 150 feet of pristine oceanfront. This is a share in a Land Holding Corporation in which you own one share in a company that owns the land and also has 33 shares in total. Each Share is attached to a building lot (approximately 1/3 acre), share owner is entitled to 10 acres of land in common area (330 acres total). The idea was to preserve the old farm land in its original natural state. This large common area has forest groves, rocky moss bluffs and lots of wetland habitat. There is a large portion of waterfront that is included in the common area as well. Feel free to give me a call and I can provide more information regarding this propertyMLS® Number 874026
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- The amounts shown above are for information purposes only and do not include taxes, if applicable.
- You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
- This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
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