Property Attributes
- MLS#SK044367
- TypeSingle Family
- Listing Status Active
- CityWakaw Lake
- Postal CodeS0K 4P0
- StyleBungalow
- Year Built1977
- Taxes$ 2300
- Price$ 359,900
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage780
Data Source:
Saskatchewan REALTORS® Association
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!
| Price History | |
|---|---|
| 8/3/2026 | Listed $389,900 |
| 8/19/2026 | 8$359,900 |
General Features
| Heating | Electric,Forced Air |
|---|---|
| Possession | TBD |
| Roof | Asphalt Shingles |
| Water Heater | Included |
| Zoning | Res |
| Property Type | Residential |
| Transaction Type | For Sale |
| Tax Year | 2025 |
| Building Type | House |
| Status | Active |
| Property Name | 3829 First Point Beach Drive |
| Parking Total | 3 |
| Sub Type | Detached |
| Year Built | 1977 |
| City | Wakaw Lake |
| Legal Description | Parcel #132786502 |
| DOM | 20 |
| Street Name | Rural Address |
Interior Features
| Water Heater Type | Electric |
|---|---|
| Basement | Walkout,Fully Finished |
| Room Count | 11 |
| Sq Ft Total | 780 |
| Beds Total | 4 |
| Total Baths | 2.00 |
| Number of Kitchens | 1 |
Exterior Features
| Lot Description | Waterfront,Rectangular |
|---|---|
| Exterior | Wood Siding |
| Lot Frontage | 50.00 |
| Lot Size | 99 |
| Parking Surface | Gravel Drive,Triple Drive |
| Outdoor | Deck,Firepit,Lawn Back,Partially Fenced,Trees/Shrubs |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Saskatchewan REALTORS Association® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested