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Lot 5 Mallard Baye

Rutledge, TN 37861
  • $129,900
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 1218810
UPDATED: 162 min ago
$129,900
  • 0
    BEDS
  • 0.71
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

Description

Looking for land that is lakefront on Cherokee Lake? Check! That can have a private dock on the property? Check! Not in a flood zone? Check! Close to an acre of land with ample room for a front and backyard? Check! At a great community? Check! At a lower price than other available lakefront lots? Check! With low property taxes? Check! Well, quit looking. This parcel of land checks all the boxes! Buy this lot to build on or buy it and hold on to it as an investment. Your call! Lot 5 has sold twice within the last year, each time turning a profit for the seller. It is now owned by a developer that will be building on it in spring. But until then, he is listing if for sale. If it sells fine. If not fine. Then he will build a lakefront home and sell it that way. And, though heis obviously selling it for more than what he paid, this lot is still undervalued. Lakefront lots that can have a dock on the property are becoming rare. There is not a comparable lakefront lot in the area selling at this price! Total property taxes in 2021 were only $230. The lot has enough mature landscaping for you to create privacy between you and neighbors. Pick and choose what trees you wish to keep. Located in Grainger County, with its scenic farmland but close to everything. Cherokee Dam, with year-round facilities for unloading your boat, grilling stations, a public beach, restrooms, pavilion, and campground is within 8 miles. Jefferson Memorial Hospital, a 4-star nationally ranked health care provider, is 12 miles. Shopping? 15 miles from Walmart and Lowe's. Knoxville is within 37 miles. Pigeon Forge, less than an hour. Tennessee offers the advantage of NO State Income Tax and some of the lowest property tax rates anywhere. Four full, mild seasons, within a day's drive of most of the nation, and the Great Smoky Mountains in its backyard. You can have all this and access to Cherokee Lake, with its world-renowned fishing, and boating activities. Live the Cherokee Lake Life!

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© 2023 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Austin Sizemore Team | Brokered by eXp Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Austin Sizemore Team | Brokered by eXp Realty. Data last updated: 2023-03-31T00:10:27.867.
www.austinsizemore.com/homes/137186647
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Lot 5 Mallard Baye Rutledge, TN 37861

  • Price: $129,900
  • Status: Active
  • On Site: 35 Days
  • Updated: 162 min ago
  • MLS #: 1218810
0
Beds
0
Baths
0
½ Baths
0.71
Acres
Neighborhood:
Mallard Baye
County:
Grainger
Area:
Rutledge
Property Description
Looking for land that is lakefront on Cherokee Lake? Check! That can have a private dock on the property? Check! Not in a flood zone? Check! Close to an acre of land with ample room for a front and backyard? Check! At a great community? Check! At a lower price than other available lakefront lots? Check! With low property taxes? Check! Well, quit looking. This parcel of land checks all the boxes! Buy this lot to build on or buy it and hold on to it as an investment. Your call! Lot 5 has sold twice within the last year, each time turning a profit for the seller. It is now owned by a developer that will be building on it in spring. But until then, he is listing if for sale. If it sells fine. If not fine. Then he will build a lakefront home and sell it that way. And, though heis obviously selling it for more than what he paid, this lot is still undervalued. Lakefront lots that can have a dock on the property are becoming rare. There is not a comparable lakefront lot in the area selling at this price! Total property taxes in 2021 were only $230. The lot has enough mature landscaping for you to create privacy between you and neighbors. Pick and choose what trees you wish to keep. Located in Grainger County, with its scenic farmland but close to everything. Cherokee Dam, with year-round facilities for unloading your boat, grilling stations, a public beach, restrooms, pavilion, and campground is within 8 miles. Jefferson Memorial Hospital, a 4-star nationally ranked health care provider, is 12 miles. Shopping? 15 miles from Walmart and Lowe's. Knoxville is within 37 miles. Pigeon Forge, less than an hour. Tennessee offers the advantage of NO State Income Tax and some of the lowest property tax rates anywhere. Four full, mild seasons, within a day's drive of most of the nation, and the Great Smoky Mountains in its backyard. You can have all this and access to Cherokee Lake, with its world-renowned fishing, and boating activities. Live the Cherokee Lake Life!
Exterior Features

Improvements Other Lot Description Lake AccessLakefront Lot Size 119/249/134/234 Present Structures None Road Access Public Road Road Frontage CountyPaved Topography LevelPartially Cleared View LakeLakefront

Property Features

Auction YN No City County Code County City Taxes 0.00 Community Amenities Other County Taxes 230.23 Developmnt Potential Single Family Docs On File OtherRestrictions Easements None Hoa Fee 75.00 Hoa Frequency Yearly In Sub Yes Land Sub Type Lake Front Lot 5 New Financing CashConventional Property Status N/A Pud YN No Restrictions Yes Sale Options Fee Simple Total Tax 230.23 Utilities Available Cable TvElectricityTelephone Zoning Zoned Residential

Listing information © 2023 Knoxville Area Association of REALTORS®, Inc.
Listing provided courtesy of Cherokee Lake Realty: (865) 471-8222.


© 2023 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Austin Sizemore Team | Brokered by eXp Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Austin Sizemore Team | Brokered by eXp Realty. Data last updated: 2023-03-31T00:10:27.867.
 
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Austin Sizemore Team | Brokered by eXp Realty
2010 East Main Street
Chattanooga TN, 37404