First time on the market since it was THE model home for the newl $389,900

Lake Home Off Market

First time on the market since it was THE model home for the newly developed Mallard Baye resort, this is a rare opportunity to purchase .77 of an acre with 172 feet of lakefront on one of the premier Cherokee Lake communities for under $400,000. This has been the home of Gordie Reed, a member of the American Power Boat Association's Hall of Fame and holder of three World Records in Power Boat racing. In 1996 Gordie and his wife Helen, natives of Buffalo, NY, moved to Grainger County. We found Grainger County quite by accident, Reed said, explaining that he and his wife were looking for lakefront property when a chance meeting while they were on vacation at Dollywood led to a recommendation they look at properties on Cherokee Lake. Reed said that when they visited Mallard Baye and saw Cherokee Lake they knew it was the right place. - Three bedrooms with 3.5 bathrooms, the home features an open floor plan, which was a rarity in 1996. French doors and windows bring in views of the spacious back yard, dock, and Cherokee Lake. Yes, the property has a covered dock, large enough to allow you to dock your boats and jet skis. - - 1,690 square feet of upstairs living space is combined with 1,690 square feet of an unfinished basement and garage. The lower living area currently is used as an office, workshop, and the garage. This much space allows the next owner to change/remodel this space with lots of possibilities. So, why is this home priced so reasonably? Since it was built the home has not been remodeled, so the kitchen and bathrooms could use some updating. But, the home has never been smoked in or had any pets reside in it. The aforementioned open floor plan, which was ahead of its time, allows the new owner to create and remodel with ease. But listen, - if the home was good enough for a family who made a career of being on the water, all over the world, then perhaps it will be good enough for the next water enthusiast that will call this their own slice of paradise.