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Key Details
Sold Price $925,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,936 sqft
Price per Sqft $477
Subdivision Mallard Bay
MLS Listing ID 703968
Sold Date 12/05/24
Style Craftsman
Bedrooms 3
Full Baths 2
HOA Fees $100
Originating Board Lakeway Area Association of REALTORS®
Year Built 2024
Annual Tax Amount $259
Lot Size 0.820 Acres
Acres 0.82
Lot Dimensions 0.82
Property Description
NEW construction at Cherokee Lake! Completion scheduled in time for Thanksgiving.
Looking for a home that is lake front? Check! Dockable? Check! Extremely level and accessible? Check! The home is at the mouth of a Cherokee Lake cove with 111 feet of seasonal lakefront access. Since it is at the mouth of a lake cove you will typically have water lapping your backyard from spring to fall. You can also have a boat dock on this lot. What does that mean? On a lot of TVA controlled lakefronts, Cherokee Lake included, TVA will not grant you a permit to build a dock. Here you can.
A beautiful modern farmhouse style design with board and batten Hardi board siding, accented with stacked stone throughout the home's exterior. Hardi siding is made of a composite of cement, sand, and cellulose fibers and can resist fire, pests, and rot. At 1,960 square feet on the main level, the plan is a great size for any family. PLUS, there is also over 1,900 square feet of a walk-out basement. The basement has nine-foot walls and an abundance of windows with its own entry door. The basement is unfinished but has already been plumbed for an extra bathroom. If you choose, you can have it fully completed for an additional fee, or complete part of it, or do it later. Or choose to do what a lot of families have done, leave it as is. Use it as a low maintenance recreation space, work area, or as a space for ample storage. Your call. Add all this square footage up and you're looking at just under 4,000 square feet of living space.
Just inside the home, you'll walk into a large great room that is warmed by an electric fireplace. No gas fumes or logs to stain the walls and ceilings. There is an abundance of windows throughout the entire house, and the cathedral ceilings with can lights add to the openness. The kitchen flows seamlessly with the great room and dining room in the open layout. The kitchen includes a walk-in pantry and a large island with built-in shelves. Upgraded granite countertops with thick 4-inch overhangs, and tall white cabinets with soft close drawers complete the design. The main bedroom suite includes his/her vanities and a large custom tiled zero-entry shower. Bedrooms 2 and 3 share a centrally located hall bathroom. The rear of the home features a large covered rear deck area, with Trex-style flooring, vinyl deck rails, and views of Cherokee Lake. Please note that the floor plan pictured includes a double staircase leading to a loft over the garage. This home will not have a loft; therefore, a double staircase will not be present, adding more open living space.
The house has a poured, solid wall foundation, no block construction as is typical in this area. When using blocks, it's only a matter of time before the mortar joints crack. This home is solidly built, it isn't going anywhere! Public city water is onsite, not on a well system. High-speed fiber internet allows you to work at home with no delays. This home not only adds up to quality construction but practicality throughout!
Phase I of the construction is taking place now. When Phase II is ongoing, there will be a $5,000 price increase. At Phase III another $5,000 price increase. And, when the home is completed, Phase IV, there will be a final $5,000 increase. If you purchase the home during Phase I or II, you will not only have a savings on the sales price, but you can also select interior wall colors, granite colors, and some other options. Located in historic Grainger County, with its scenic farmland, but close to all necessary amenities. Jefferson Memorial Hospital and Walmart are within 15 miles. Knoxville, Tennessee's third largest city, is 37 miles. Move to the Cherokee Lake area. No devastating hurricanes, flooding, tornadoes, blizzards, sharks, alligators, or pythons in this part of the country to fear and deal with. When there is 4 feet of snow on the ground up north, the ground is barely moist here! 4 full mild seasons within an 8-hour drive of 20 neighboring states! When gas hit $7 in California, it was half that in East TN! And Tennessee has NO state income tax & LOW property taxes! This home and site check all the boxes. Live the Cherokee Lake Life!
Location
State TN
County Grainger
Community Mallard Bay
Direction Off Lakeshore Drive, etner Mallard Baye and make an immediate left. Home will be past the curve on right.
Rooms
Basement Bath/Stubbed, Concrete, Daylight, Exterior Entry, Interior Entry, Unfinished, Walk-Out Access, Walk-Up Access
Interior
Interior Features Breakfast Bar, Ceiling Fan(s), Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
Heating Heat Pump
Cooling Ceiling Fan(s), Electric, Heat Pump
Fireplaces Type Electric, Living Room
Fireplace Yes
Window Features Insulated Windows
Exterior
Exterior Feature Smart Irrigation, Smart Lock(s)
Garage Spaces 2.0
Utilities Available Cable Available, Electricity Available, Natural Gas Not Available, Water Available, Fiber Internet
Amenities Available Laundry, Maintenance Grounds, Maintenance Structure
Waterfront Description Lake Front
Roof Type Shingle
Porch Composite, Covered, Deck, Front Porch, Porch, Rear Porch
Total Parking Spaces 2
Garage Yes
Building
Lot Description Lake on Lot, Back Yard, Cleared, Front Yard, Landscaped, Level, Views, Waterfront
Foundation Concrete Perimeter, Permanent, Slab
Architectural Style Craftsman
Structure Type Board & Batten Siding,Concrete,HardiPlank Type,Stone
New Construction Yes
Others
Senior Community No
Tax ID 002.00
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