Property Description

Two adjoining lakefront lots totaling 1.56 acres, in the highly sought-after Chelaque Estates, a private, gated community perched above the serene Cherokee Lake in East Tennessee. Located within a day's drive of most major cities east of the Mississippi, this stunning property offers both seclusion and convenience. Easily accessible from multiple interstate highways, making it an ideal getaway or year-round residence. Imagine waking up to sweeping views of the Cherokee Lake and the majestic mountains every day. The properties are ideally situated near Chelaque's picnic area and boat ramp, offering endless opportunities for outdoor adventures. Chelaque Estates is packed with exclusive amenities to enhance your lifestyle, including a boat ramp, dock (slips available for an additional fee), a picnic pavilion, and a pickleball and basketball court. A preliminary determination per TVA is that the property has the necessary land rights to obtain a dock permit, but the buyer would have to apply to TVA for an official approval. The same owner also has two adjoining lots available. If additional acreage is desired, the seller is willing to negotiate a more favorable price with the purchase of one or more of the neighboring parcels. The community is designed for site-built homes with a minimum of 1,400 square feet of heated living space, ensuring your home will blend perfectly with the natural surroundings. HOA fees are $690 annually per lot. With electric, cable, telephone, and high-speed internet already available at the road. A well and septic system will be needed for full development. Buyer's agents and buyers to verify all information. Whether you're looking to retire to East Tennessee or build your forever home in a tranquil, nature-filled setting, this property offers a rare combination of breathtaking views, abundant wildlife, and unmatched peace and quiet, all while being close to modern conveniences. The beauty of Cherokee Lake, the charm of Chelaque Estates, and the serenity of East Tennessee await you.

Property Features