$115,000
Madisonville, TN 37354
MLS# 1197776
Status: Closed
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Property Description
Scenic lakefront peninsula lot with majestic views of Main Channel Lake Tellico and the Cherokee National Forest Mountains. This is a premium 1.12-acre mostly cleared flat peninsula lot. This lot has approx. 420 feet that borders an additional approximately 2 acres of TVA land down to the year-round deep water. The exclusive gated and architecturally controlled subdivision has a community covered marina and boat ramp, and underground utilities including fiber optic and electricity, and ample RV/boat/trailer paved parking. The community is curbed and guttered as well. Located in a tranquil, pristine environment of large lots, away from the hustle and bustle but just 20 min/12 miles away from shopping and restaurants.
Details
Maps
Documents
Location, Tax & Legal Info
Street Name: Clearwater Cove
St Suffix: Drive
State/Province: TN
Zip Code: 37354
Area: Monroe County - 33
City/County Code: County
PIN #: 070 059.10
Subdivision: Clearwater Cove
Total Tax: 783.86
Geo Lat: 35.512359
Geo Lon: -84.227264
Contract Info
Auction Y/N: No
Listing Price: 150000
Current Price: $115,000
Status: Closed
Listing Date: 2022-07-01
Cooperation Comp: 3
Compensation Type: %
General Property Description
Lot Dimensions: 74X389X114X309X150
Lot Size SqFt: 48787
Acres: 1.12
Acre Source: Tax Records
Restrictions: Yes
HOA Fee: 650
HOA Freq: Yearly
HOA Contact: Daniel Newton
SqFt - Min Ranch: 1400
SqFt - Min 2 Story: 1600
Property Status: N/A
Remarks & Misc
Directions: From Madisonville.
Turn left onto Ballplay Rd
Turn left onto Scenic River Rd
Turn right onto Clearwater Cove Dr
Stay onto Clearwater Cove to end of cul-de-sac. Will put sign on lot asap.
GPS will take you there. Marina sits off to the left – first left after entrance.
Public Remarks: Scenic lakefront peninsula lot with majestic views of Main Channel Lake Tellico and the Cherokee National Forest Mountains. This is a premium 1.12-acre mostly cleared flat peninsula lot. This lot has approx. 420 feet that borders an additional approximately 2 acres of TVA land down to the year-round deep water. The exclusive gated and architecturally controlled subdivision has a community covered marina and boat ramp, and underground utilities including fiber optic and electricity, and ample RV/boat/trailer paved parking. The community is curbed and guttered as well. Located in a tranquil, pristine environment of large lots, away from the hustle and bustle but just 20 min/12 miles away from shopping and restaurants.
Status Change Info
Status Change Date: 2023-06-26
Under Contract Date: 2023-05-24
Sold Date: 2023-06-23
Sold Price: $115,000
Property Features
Property Sub-Type: Lake Front; Single Family; Waterfront Access
Topography: Cleared; Level; Partially Cleared
Road Frontage: County; Paved; Private
Road Access: Public Road
Sale Options: Fee Simple
Improvements: Boat Dock; Boat Ramp; Curbs & Gutters; Utilities on Site
Easements: Typical Subdivision
Community Amenities: Architect Restricted; Boat Ramp; Dock; Extra Storage; Gated Community; Lake Access; Security; Other
Lot Description: Cul-De-Sac; Lake Access; Lakefront; Level; Private; River; Waterfront Access
View: Country Setting; Lake; Lakefront; Mountain View; Seasonal Lake View; Wooded
Documents on File: Restrictions; Topography Map; Other
Developmnt Potential: Single Family
Utilities Available: Electricity; Sewer; Telephone; Other
Zoning: Zoned Residential
Present Structures: None
New Financing: Cash; Conventional; Owner Will Carry
Showing Instructions: See Agent Instructns
Supplements
Plethora of wildlife includes deer, turkey, Bald Eagles and Osprey are commonly viewed from this community. This lot is priced to sell and comparable to lakefront lots on Lake Tellico that have sold for $300k and up. Build your dream retirement, vacation home or purchase an outstanding investment property. Fort Loudoun State Historic Park, Sequoyah Birthplace Museum, several other historic sites, parks, and museums nearby. Tellico Marina is also an easy drive, but who needs that when you have your own covered boat slip within a ¼ mile walk or take your golf cart! Kahite Golf Club is 11 miles. Also, you are only 50 min. to McGhee Tyson Airport, 30 min. to I-75, and 1 hour to downtown Knoxville. Love the outdoors? You are 20 minutes to trout streams and an abundance of hiking trails in beautiful Cherokee National Forest which hosts the Cherohala Skyway/Tail of the Dragon 120 mi Loop via Hwy 129. Tellico Lake (which also connects to Fort Loudon) both bring over 30,000 acres of water recreation, ready for you to enjoy! This community is just so beautiful and peaceful you really have to see to appreciate - a little slice of heaven. Owner/Agent lot. There is a $300/yr fee to lease and maintain the slip. This lot is non-dockable, but you have the marina within easy walking distance. Mtn views are from the community. This is a GATED community so call your agent about access. See directions or use GPS to find this lot. Plat Map showing perk test for a 4 bedroom is available.
restrictions summary 
plat map showing SSDS approval 
Listing Office: eXp Realty, LLC
Office Phone: 888-519-5113
Last Updated: June - 26 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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