Yes, I would like more information. Please use and/or share my information with a CENTURY 21® affiliated agent to contact me about my real estate needs.
By clicking Send Message, I agree that a CENTURY 21 agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy.
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 $1,300 per year, covering both lots. Seize this chance to build your dream retreat on Cherokee Lake!
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.