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313 Chelaque Way, Mooresburg, TN 37811

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For Sale

$50,000

1.95 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 2 acres
    Lot size

Explore this Property

This rare 1.95-acre combination lot (313 & 317 Chelaque Way) offers a unique opportunity to build your dream home in one of East Tennessee's finest lake communities. The property previously had a home, which was lost to fire in 2023, but all utilities are in place for a quick rebuild. A 415-foot-deep well produces 20 gallons per minute, and a 3-bedroom septic system is already installed. The concrete slab foundation remains, offering a head start on construction. Located in the prestigious Chelaque subdivision, this property enjoys a peaceful wooded setting with community access to Cherokee Lake. Chelaque offers exceptional amenities, including a boat ramp, marina (slips available for purchase), clubhouse, picnic pavilion, and pickleball court. The subdivision requires a minimum 1,400 sq ft site-built home, ensuring architectural consistency and neighborhood appeal. High-speed internet is available, perfect for remote work or streaming. With a list price of just $50,000, this property is an excellent value in a community where lakefront living meets convenience and comfort. HOA fees are $1,300 per year, covering both lots. Seize this chance to build your dream retreat on Cherokee Lake!
MLS# 9972451

Courtesy Of REMAX REAL ESTATE TEN OF MORRISTOWN

(423) 581-8881

Property Features

  • Amenities
    Dock, Water Front
  • Architecture Style
    Other
  • Lot Size
    1.95 Acres

Map and Directions

Directions to 313 Chelaque Way, Mooresburg, TN 37811

Home seller CENTURY 21 Legacy

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CENTURY 21 Legacy

(423) 639-6781
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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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