The best kept secret on the Sunshine Coast is Powell Lake. A crystal clear fresh water lake that stretches into the Coastal Mountain Range from the ocean (45 km). The mountain views surrounding the lake and from the property are amazing. The property is located in an area called “Rainbow” by the locals. This area is the calmest part of Powell Lake and also the warmest. In the summer months the water can reach temperatures in the mid 70’s. Typically 3 or 4 degrees warmer than the rest of the lake. 

Powell Lake has been a popular place for recreation since the 1930’s. Still to this day there is very little private property on the lake. Most of it is Crown land which makes this offering very attractive. Because there was no private land available people constructed float homes on the lake to enjoy as their summer cabins. Roughly 20 years ago the Government placed a moratorium on the lake to stop construction of new float homes as there are roughly 250 of them today. Prior to the moratorium, float home owners were squatters without any legal entitlement to occupy the area where they had anchored their float home. Once the moratorium was in place the Crown began an annual lease program for each float home owner which is the current system used today. Because these float homes are on water, the likelihood cabin owners will ever be able to purchase the area where the cabin is situated is very slim to nil. There are only a select few that own private land on the lake, most of which are parcels that are roughly 1 acre in size. 

This 98 acre property is likely the largest land holding to be put up for sale in the last 75 years on Powell Lake. This offering represents a unique opportunity. In every investment scenario you consider you will always have the use and enjoyment of the land. Whether your idea is to purchase the property with family or friends and construct cabins, there is plenty of room for everyone, which would make this a very cost effective way for everyone to have a fantastic recreational get away. Or perhaps you will recognize that ownership of deeded land is a big commodity on the lake, one that has the capability to appreciate in value and warrants subdivision of the property so that newly created parcels of land can be sold to an anxiously awaiting market. Or perhaps you have an idea for a commercial tourism venture and have been looking for the right location. The opportunities this property represents are almost limitless. Currently there is no zoning or building permit process. 

The property has great utility and an abundance of low bank waterfront and usable space and is southern exposed. There is a dock in place and a barge landing area for on and off loading equipment and supplies. 

You will see from the maps and the pictures there is roughly a 5 acre cut out from this District Lot. This is a separate property that originally was the corporate retreat for MacMillan Bloedel but is now in private hands. 20 lb rainbow trout have been caught from this lake!