Rural Address, Wakaw Lake, SK S0K 4P0
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Rural Address, Wakaw Lake, SK S0K 4P0
Rural Address, Wakaw Lake, SK S0K 4P0
Rural Address, Wakaw Lake, SK S0K 4P0
Rural Address, Wakaw Lake, SK S0K 4P0
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Kristen Reed

Kristen Reed

+1(306) 502-4220
$ 389,900
Est. payment /mo
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Rural Address Wakaw Lake, SK S0K 4P0

4 Beds

2 Baths

780 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 780 sqft

Price per Sqft $499

MLS Listing ID SK044367

Style Bungalow

Bedrooms 4

Year Built 1977

Annual Tax Amount $2,300

Tax Year 2025

Property Sub-Type Detached

Source Saskatchewan

Property Description

Year-Round Lakefront Living on Wakaw Lake – Income Producing + Rare Lot Advantage The perfect opportunity on Wakaw Lake is here . This beautifully renovated 4-bedroom walk-out cabin on First Point Beach offers year-round living, proven rental income, and one of the biggest advantages on the lake: very limited slope to the water. No long, steep, winding staircases like many other lake properties — just easy, practical access to the shoreline. That alone makes this property stand out. Inside, you'll find: • 780 sq ft on the main level • Just over 600 sq ft of developed walk-out basement space • 4-piece bathroom upstairs • 2-piece bathroom downstairs • Covered deck with beautiful lake views The layout is ideal for hosting, family living, or maximizing rental revenue. For the past two years, this property has operated as a successful rental. Whether you want a personal lake retreat, an investment property, or both — this home is already set up to generate income. This is not a summer-only cabin. It is set up for year-round enjoyment, giving you flexibility and stronger long-term value. Utilities • 1200-gallon water holding tank system • 1200-gallon septic holding tank • Well on property (not currently used due to hard water). The hot tub and shed are negotiable, offering flexibility depending on buyer preference. Bonus Opportunity Across the Road There is an opportunity to enter into a 25-year lease on the storage lot directly across from the property — perfect for additional storage, boat/RV space, or future garage potential. This is a rare add-on opportunity at the lake. This property offers: ? Easy water access (minimal slope) ? Walk-out basement ? Year-round living ? Rental income history ? Expansion/storage potential Lake properties with this combination do not come up often — especially on First Point Beach. AS WELL >> THE PROPERTY TO THE WEST OF THIS IS FOR SALE!

Location

Province SK

Rooms

Basement Walkout, Fully Finished

Kitchen 1

Interior

Interior Features T.V. Mounts

Hot Water Electric

Heating Electric, Forced Air

Cooling Electric, Forced Air

Appliance Air Conditioner(S) Window/Portable, Dishwasher Built In, Dryer, Fridge, Hot Tub, Microwave, Shed(s), Stove, Washer, Window Treatment

Exterior

Exterior Feature Wood Siding

Parking Features No Garage, Parking Spaces

Garage Spaces 3.0

Roof Type Asphalt Shingles

Total Parking Spaces 3

Building

Lot Description Waterfront, Rectangular

Others

Ownership Freehold

Listed by eXp Realty
Kristen Reed
Kristen Reed

Agent

+1(306) 502-4220 | kristen@reedrealestate.ca

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Rural Address