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Key Details
Sold Price $725,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,598 sqft
Price per Sqft $279
Subdivision Mallard Bay
MLS Listing ID 700178
Sold Date 08/25/23
Style Ranch
Bedrooms 3
Full Baths 3
HOA Fees $100
Originating Board Lakeway Area Association of REALTORS®
Year Built 1998
Annual Tax Amount $1,757
Lot Size 1.080 Acres
Acres 1.08
Lot Dimensions 1.08
Property Description
Lakeview. Lakefront. Over one acre of land. All-brick low maintenance home. Is this what you've been searching for? Then STOP. This is it!
Most homes in lakefront communities are on less than one acre of land. Why? Lakefront developers will typically cut up the lots to an average of half an acre. At this size they can sell more lots. More lots to sell, more profit. Not this one. Look at aerial photos. You want a front yard. You've got it. You want a backyard. You've got it. You want to install a swimming pool. You have the space for it. 160 feet of dockable lakefront land. What does that mean? On a lot (no pun intended) of TVA controlled lakefronts, Cherokee Lake included, TVA will not grant you a permit to build a dock. Here you can. There is an existing small dock that stays with the property. But you want to upgrade? Build a bigger one? You can. The permit can be transferred.
All brick construction with vinyl soffit and fascia on the home's exterior. Enjoy Lake Life without worrying about painting/staining the exterior walls, overhangs, and eaves. And the cost that this adds to home ownership. An open floor plan. LVP Flooring in the living and bedroom areas. One of the most durable flooring options out there. It can withstand water and moisture, as well as wear and tear. Luxury tile in other areas of the home. A partially finished basement with extra space. A two-car garage at the entrance to the home, with a second garage, fronting the lake. Use this space for water toys, a workshop, or as the current homeowner has done, extra storage. The home had a new roof installed last year as well as a new well pump with a water softener system. Tennessee, a state that offers the advantage of NO State Income Tax and some of the lowest property tax rates in the nation. Four full, mild seasons. When there is 4 feet of snow on the ground up north, the ground is barely moist here! Within an 8-hour drive of 20 neighboring states, and the Great Smoky Mountains in its backyard. You can have this and access to Cherokee Lake, with its world-renowned fishing, boating, and recreation activities. Looking for Lake Life, East Tennessee style? This home is for you. Live the Cherokee Lake Life!
Location
State TN
County Grainger
Community Mallard Bay
Direction Off Lakeshore Drive enter Mallard Baye and make an immediate left. Home will be on the right, look for sign.
Rooms
Basement Block, Concrete, Exterior Entry, Full, Interior Entry, Partially Finished, Storage Space, Walk-Out Access, Walk-Up Access, Other
Interior
Interior Features Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, High Speed Internet, His and Hers Closets, Kitchen Island, Laminate Counters, Open Floorplan, Pantry, Soaking Tub, Walk-In Closet(s)
Heating Electric, Fireplace(s), Heat Pump
Cooling Electric, Heat Pump
Fireplaces Type Gas, Great Room
Fireplace Yes
Window Features Insulated Windows,Screens
Exterior
Exterior Feature Dock, Private Yard, Rain Gutters, Storage
Parking Features Additional Parking, Concrete, Direct Access, Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Rear, On Site, Storage
Garage Spaces 2.0
Community Features Curbs, Fishing, Lake
Utilities Available Cable Connected, Electricity Connected, Phone Connected, Water Connected, Fiber Internet
Amenities Available Maintenance Structure
Waterfront Description Lake Front,Lake Privileges
Roof Type Shingle
Porch Deck
Total Parking Spaces 2
Garage Yes
Building
Lot Description Lake on Lot, Back Yard, Front Yard, Gentle Sloping, Landscaped, Native Plants, Views, Waterfront
Foundation Block, Slab
Architectural Style Ranch
Structure Type Block,Brick,Concrete,Other
New Construction No
Schools
High Schools Grainger High School
Others
Senior Community No
Tax ID 008.00
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
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