ST110. Gorgeous Sunsets. LOW DOWN OWNER FINANCE AVAILABLE. $285,000

Lake Home For Sale

Welcome to your little piece of heaven known as ST110, Lake Cherokee. Located only 5 miles from the airport, this is one of the easiest access areas on the lake. Turn off the main road, FM2011, and be transformed by the beauty of the oak, pine and mimosa trees as you drive half mile down the private lake road . You are on the quiet end of sought after Lake Cherokee where breathtaking views and abundant wildlife will transform your soul.

The lot size is 1.067 acre, see the plat. On site is a 1250 sq ft one bedroom cabin "THE LUV SHACK". It has hot water, air-conditioning, high speed internet and a fully functional kitchen, dining area, bathroom, laundry area, a bedroom with closet, a living area, bar area and office area with closet (could be used for bunk beds) - it's a long ways from fancy living but hey, it's an affordable start on the main lake.
Roadside, there is a garage/workshop with greenhouse wings, a fenced off dog kennel area, an old storm shelter, a potter's shed, an old carport and a fenced garden area that would make a great spot for your RV as a temp accessory dwelling, no special permits required becasue of the existing house.
Lakeside, there is a good size deck with a couple of sitting areas offering amazing long distance views, an old growth Oak tree that provides fantastic shade and a few perennials and ivy's already established. The terrain gently slopes towards the lake and there are several good spots closer to the lake for new construction. CWC requires that you build 75 feet from the retaining wall, for reference, the "study shed" is about that distance. The main south side boat road, Mohawk, is about 100 feet from the old boathouse. It follows Tiawichi Creek though the Mysterious Cypress Trees of Old Smith Lake up to ski water, takes about five minutes by boat.

ST110 is a natural playground for wildlife and you'll be amazed when seeing deer, fox, ducks, geese, white Pelicans, Blue Herons, Ospreys, four species of woodpeckers, owls, hawks, coots, and drum roll please, The Majestic Bald Eagle! Yes, it's for real. We have documented much of the our wildlife with pictures on a Facebook Group called Lake Cherokee Scenery, feel free to check it out. Anglers will love this stocked lake and an active fishing club. This is truly a nature lovers paradise.

We are a private community of like-minded neighbors seeking the solitude offered at the water's edge. Skiing, fishing and sailing are only a few of the water sports available to residents and their families. Boaters pass slowly down the boat lanes that etch out paths between neighbors' homes, motoring toward the open water as they set out for a day on the lake. After a fun day, enjoy a sunset cruise before you dock the boat at The Cherokee Club for an evening of fine dining and entertainment. Lake Cherokee is an amazing place to live, some say the best place ever. Making memories here with family and friends is priceless. You are buying a lifestyle, not just a property! Come see for yourself.

Offering easy qualifying owner financing with a competitive fixed rate note. Flexible down payment - zero possible with excellent credit and sufficient income. No prepayment penalty. Closing costs are low, $1000 to cover the documents and court recording fees. You will be responsible for the Cherokee Water Company transfer fees: $3500 for non-shareholders; $1500 for existing shareholders. Annual lease dues are $1675, already paid till October. Taxes are appox $1800 annually with no exemptions, homesteading will drastically reduce. You can own this place in a matter of days and start enjoying this wonderful private lake! I'll also consider partial trades for other local real estate (any condition). All cash offers are welcome too. Shown by appointment only.