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Key Details
Sold Price $79,900
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 83,199 sqft
Price per Sqft $0
Subdivision Mallard Bay
MLS Listing ID 611785
Sold Date 04/28/23
HOA Fees $6
Originating Board Lakeway Area Association of REALTORS®
Annual Tax Amount $334
Lot Size 1.910 Acres
Acres 1.91
Lot Dimensions 1.91
Property Description
Owner Financing Available! A very unique parcel of land is now available for sale. What makes it unique? The size for one. Most lots in Cherokee Lake communities tend to average half an acre in size. Lot 42 is just under two acres at 1.91 acres. It also has a good number of mature trees, providing a wooded setting for your home. A forest like setting. The sheer size of the lot, and the trees, will bring a form of privacy that is difficult to find in a subdivision. You will not have your neighbor's home crowding you. The lot is lakefront. There is a wonderful building site where one can place a home providing easy lakefront access to Cherokee Lake and wonderful views of the main channel of Cherokee Lake. And finally, but maybe most importantly, the price. Lakefront lots of this nature sell for well over $125K. This one comes in at $79,900. And get this, the Seller will consider OWNER FINANCING! As we said, a unique property. Located in Grainger County, with its scenic farmland but close to everything. Jefferson Memorial Hospital, a 4-star nationally ranked health care provider, is within 12 miles. Shopping? Walmart and Lowe's are within 15 miles. Tennessee, a state that offers the advantage of NO State Income Tax and some of the lowest property taxes in the nation. 2022 Property taxes for this land were a total of $334.16 and annual HOA fees are just $75.00. Yes, that is correct, those fees are for the entire year! Four full, mild East Tennessee seasons. No devastating hurricanes or tornadoes, as in other parts of the state or country, to suffer through. When there is four feet of snow out west, or up north, the ground is barely moist here. This area is also strategically located within a day's drive of most of the nation and has the Great Smoky Mountains in its backyard. You can have all this, and access to Cherokee Lake, with its world-renowned fishing, boating, and recreation activities by living here. Live the Cherokee Lake Life!
Location
State TN
County Grainger
Community Mallard Bay
Direction Off Lakeshore Drive enter Mallard Baye community Immediate right and stay on Mallard Baye Drive heading to the end of the community. Lot will be on the left, and all the way to the water.
Exterior
Community Features Curbs, Sidewalks, Other
Utilities Available Cable Available, Electricity Available, Natural Gas Not Available, Fiber Internet
Waterfront Description Lake Front,Lake Privileges
Building
Lot Description Rolling Slope, Wooded, Other
Others
Senior Community No
Tax ID 011.00
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