ST111. NOW $199,500. Owner Finance with $10k down. $255,000

Lake Home For Sale

ST111 Lake Cherokee Price dropped to $199,500.
1.197 acre lot with a project house that's appox 1750 sq.ft.. This house has electricity, high speed internet available, a good roof and an existing conventional septic system. It has a living room with brick fireplace, a large laundry/pantry area, two bedrooms, a bathroom and a large room lakeside that could be converted into bedrooms or used as a porch. An advantage of having this existing home is it allows you to keep a RV on site as a temporary accessory dwelling without any special permits.
Roadside, there is a nice flat area on the hill with an awesome long distance view - great spot to build. Nature lovers will love the creek area with its dense population of Cypress Trees and abundant wildlife. This lot has some lake frontage and a boat slip in a canal where previous owner stored their boat. It's only a short boat ride on the Mohawk Boat Road to open ski water - this boat road follows the Tiawichi Creek path though Old Smith Lake.

Owner Financing. Full amortization, fixed rate note with competitive rate. No prepayment penalty, you can pay off at anytime. Closing cost are $1000. You will be responsible for the Cherokee Water Company transfer fees. Possible trades for other local real estate or Lake Cherokee property, up or down. All cash is welcome too. ST111 $255,000.
Price dropped to $199,500. Great value!

Also have ST112 for sale to whomever acquires ST111. It's a 1.08 acre lot - great spot to build high on a hill overlooking creek and lake. It's next to ST113, a designated CWC "park lot" that will remain native - provides wilderness for the wildlife and a nice privacy buffer. Rumor has it, The Smith Lake Club House was located on this land before Lake Cherokee was formed, see pic of article from 1951. $150,000
If you want to own both 111 and 112, we can discuss a package deal on both lots. Each lot has it's own survey and stock certificate.

Please don't hesitate to call, text or email with any questions.