This rare 1.95-acre combination lot (313 & 317 Chelaque Way) offers a unique opportunity to build your dream home in one of East Tennessee's finest lake communities. The property previously had a home, which was lost to fire in 2023, but all utilities are in place for a quick rebuild. A 415-foot-deep well produces 20 gallons per minute, and a 3-bedroom septic system is already installed. The concrete slab foundation remains, offering a head start on construction. Located in the prestigious Chelaque subdivision, this property enjoys a peaceful wooded setting with community access to Cherokee Lake. Chelaque offers exceptional amenities, including a boat ramp, marina (slips available for purchase), clubhouse, picnic pavilion, and pickleball court. The subdivision requires a minimum 1,400 sq ft site-built home, ensuring architectural consistency and neighborhood appeal. High-speed internet is available, perfect for remote work or streaming. With a list price of just $50,000, this property is an excellent value in a community where lakefront living meets convenience and comfort. HOA fees are $1,380 per year, covering both lots. Seize this chance to build your dream retreat on Cherokee Lake!
MLS# | 1279845 |
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Listing Type | For Sale |
HOA Dues | $1,380 |
Sub-Type | Resale |
Status | Active |
Days On Site | 161 |
Listing Provided By | ReMax Real Estate Ten | Amy Shrader |
Zoning | Zoned Residential |
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Acreage | 1.95 |
State | TN |
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County | Hawkins County 58 |
City | Mooresburg |
Zip Code | 37811 |
Area | Hawkins County 58 |
Subarea | 58 |
Community Name | Chelaque |
Listing VS Median (In Chelaque) | |
Price: $50,000 low | high Med: $775,000 On site: 161 low | high Med: 162.000000 |