Lake Lot SOLD!

Attention Developers, Investors, or simply someone that wishes to own a slice of paradise in the exclusive Mallard Baye Subdivision in East Tennessee - a wonderful Cherokee Lake community nestled between Morristown and Jefferson City.

Quit looking at homes where you have to settle for what someone else designed. Build either your permanent home or your vacation home, just the way you want it.

Lot 188 is one of the largest lots currently available in Mallard Baye at 1.2 acres. Several home sites to select from with views of Cherokee Lake and the surrounding mountains. Lot 188 fronts the end of a paved cul-de-sac, providing privacy and the security of low drive-by traffic.

The land is mostly cleared, save yourself the thousands of dollars that it takes to clear a parcel of this size for building a home. The lot is not lakefront but within 9 miles you can find 8 launching sites for your boat and 5 marinas to keep you boat year-round.

And, get this, Seller is offering to Owner-Finance Lot 188 with 20% down at NO INTEREST, for 5 years. That's correct, you read it right, 0 INTEREST!

Wish to own a larger slice of paradise? Combine Lot 188, with the other two adjacent lots being offered by the Seller, Lots 158 and 159, a total of 2.87 acres for just an additional $40,500. You can own all 3 lots for a total of $100,000. AND, the Seller will still Owner Finance all 3 Lots! Build on one, on two, on all three. Or, simply give yourself some space between you and your neighbors and hang on to the other parcels for future growth options. You decide, the possibilities are there for the choosing.

Relocate to Tennessee, a state that offers the advantage of no State Income Tax. Four full, mild seasons, and within a days drive of most of the nation, with the Great Smoky Mountains in its backyard.

Live the Cherokee Lake Life!

Property Details

  • Lake: Cherokee Lake
  • Acres: 1.200
  • Lakeview: Yes
  • Dock Type: none
  • County: Grainger County
  • Lake Community: Mallard Baye
  • Property Taxes: $0
  • MLS #: 588229

Location

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Contact Information:

Felix Valdes
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CHEROKEE LAKE REALTY
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Ad Statistics:

Lake Lot SOLD! in Rutledge, Tennessee
Ad Number : 821060
Viewed: 437 times
Added: Aug 09, 2021
Updated on: Apr 27, 2022
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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