For Sale: 3829 First Point Beach Drive, Wakaw Lake, SK

About this home

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! (id:63626)

Listed by: Richard Orenchuk, Salesperson, eXp Realty

Home facts and features

Price details

List Price

$389,900

Gross Taxes for 2025

$2,300

Home facts

Bedrooms

Full Bathrooms

Parking Details

Gravel, Parking Space(s)

Property Type

House

Depth

Frontage

50.0 feet

Year Built

Built in 1977 (49 yrs old)

Title

Freehold

Style

Bungalow

Heating Type

Forced air, Electric

Cooling

Window air conditioner

Features

Rectangular, Treed

Appliances

Dishwasher, Dryer, Microwave, Refrigerator, Storage Shed, Stove, Washer, Window Coverings

Agent details

Primary Agent

Richard Orenchuk

Primary Broker

eXp Realty

Listing details

Days on REW

2 Days

MLS® Number

SK044367

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

10 Schools are within 81km

Holy Family Catholic School

n/a
K - 8
In Catchment

Willowgrove School

n/a
K - 8
In Catchment

Sister O'Brien School

n/a
K - 8
In Catchment

Silverwood Heights School

n/a
K - 8
In Catchment

Mother Teresa School

n/a
K - 8
In Catchment

Silverspring Elementary School

n/a
K - 8
In Catchment

St. George School

n/a
K - 8
In Catchment

Centennial Collegiate

n/a
9 - 12
In Catchment

Marion M. Graham Collegiate

n/a
9 - 12
In Catchment

St. Angela School

n/a
K - 8
In Catchment

3829 First Point Beach DriveWakaw Lake, SK, S0K 4P0