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Listed by Felix Valdes • Cherokee Lake Realty
$42,900
Est. payment /mo
24,829 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 24,829 sqft
Price per Sqft $1
Subdivision Mallard Bay
MLS Listing ID 709821
Annual Tax Amount $190
Lot Size 0.570 Acres
Acres 0.57
Lot Dimensions 0.57
Property Sub-Type Single Family Residence
Source Lakeway Area Association of REALTORS®
Property Description
Mallard Baye is one of the oldest lakefront communities on Cherokee Lake, and one of the most desirable to reside in. In the last few years, folks from California, New York, Ohio, Michigan, Texas, and other states have settled in Mallard Baye. Some new residents are seeking less harsh climate conditions. East Tennessee has four full, mild seasons. When there is 4 feet of snow on the ground up north, the ground is barely moist here! There are no hurricanes, no ice storms, and little history of tornadoes and flooding in this area. Some are looking for ways to stretch their retirement savings with lower cost of living expenses. Tennessee is only one of nine states with NO state income tax. Tennessee exempts all forms of retirement income, including social security benefits, tax pensions, 401K, or IRA distributions from state taxation. And property taxes in this area are some of the lowest in the nation. Annual property taxes in 2024 for Lot 199 were less than $200. That's it!
Others are looking for a more relaxed lifestyle with conveniences still close by. Mallard Baye, located in Grainger County with its scenic farmland, is still convenient to desirable amenities. Jefferson Memorial Hospital, a 4-star nationally ranked health care provider, is within 12 miles. Shopping? Walmart, Lowe's, and restaurants are within 15 miles.
Because of these reasons, as well as others, parcels of land in Mallard Baye are becoming more difficult to find. Lot 199 has just come on the market. (Lot 180 is also now available. You can search Lot 180 separately for more information on it). You know the saying - there's no more land being created. So here is an opportunity to purchase this land, build your dream home now or later when you do retire. Or simply purchase it as investment, before prices keep going up.
Lot 199 is more than half an acre in size and sits on Woodstock Drive, which ends in a cul-de-sac, providing you with little road traffic and privacy. High-speed fiber internet, for those of us that work from home, and cable services are also available.
This mountain-view property is not lakeview, but you can WALK to Cherokee Lake in 5 minutes and within 9 miles you can find 8 launching sites and 5 marinas to keep your boat year-round if you choose. Cherokee Dam, with year-round facilities for unloading your boat, public parking, grilling stations, a public beach, restrooms, pavilion, and campground is less than 9 miles. SEE PHOTOS WITH THIS AD. Grainger County Park, also with pavilions for family gatherings, grilling stations, walking trails, playgrounds, and a boat launching ramp is even closer at less than 3 miles.
This part of Tennessee is conveniently located to neighboring states. It is within an 8-hour drive of 20 states, keeping you in proximity to friends and family members as you relocate. Knoxville, Tennessee's third largest city, is close by. Pigeon Forge, Dollywood, Gatlinburg, and the Great Smoky Mountains are also nearby and provide fun activities to do. You can have all this and access to Cherokee Lake, with its renowned fishing, boating, and recreation activities by owning your dream property at a premier Cherokee Lake community.
Others are looking for a more relaxed lifestyle with conveniences still close by. Mallard Baye, located in Grainger County with its scenic farmland, is still convenient to desirable amenities. Jefferson Memorial Hospital, a 4-star nationally ranked health care provider, is within 12 miles. Shopping? Walmart, Lowe's, and restaurants are within 15 miles.
Because of these reasons, as well as others, parcels of land in Mallard Baye are becoming more difficult to find. Lot 199 has just come on the market. (Lot 180 is also now available. You can search Lot 180 separately for more information on it). You know the saying - there's no more land being created. So here is an opportunity to purchase this land, build your dream home now or later when you do retire. Or simply purchase it as investment, before prices keep going up.
Lot 199 is more than half an acre in size and sits on Woodstock Drive, which ends in a cul-de-sac, providing you with little road traffic and privacy. High-speed fiber internet, for those of us that work from home, and cable services are also available.
This mountain-view property is not lakeview, but you can WALK to Cherokee Lake in 5 minutes and within 9 miles you can find 8 launching sites and 5 marinas to keep your boat year-round if you choose. Cherokee Dam, with year-round facilities for unloading your boat, public parking, grilling stations, a public beach, restrooms, pavilion, and campground is less than 9 miles. SEE PHOTOS WITH THIS AD. Grainger County Park, also with pavilions for family gatherings, grilling stations, walking trails, playgrounds, and a boat launching ramp is even closer at less than 3 miles.
This part of Tennessee is conveniently located to neighboring states. It is within an 8-hour drive of 20 states, keeping you in proximity to friends and family members as you relocate. Knoxville, Tennessee's third largest city, is close by. Pigeon Forge, Dollywood, Gatlinburg, and the Great Smoky Mountains are also nearby and provide fun activities to do. You can have all this and access to Cherokee Lake, with its renowned fishing, boating, and recreation activities by owning your dream property at a premier Cherokee Lake community.
Location
State TN
County Grainger
Community Mallard Bay
Direction From Lakeshore Drive enter Mallard Baye and make an immediate right. Turn right on Pheasant View. Stay right at split. Lot will be on Woodstock Drive on the left.
Others
Senior Community No
Tax ID 030.00
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Kornerstone Properties
Company Owner | License ID: 265226
Company Owner License ID: 265226